LSE Research Online Documents on Economics最新文献_第9页

Do International Launch Strategies of Pharmaceutical Corporations Respond to Changes in the Regulatory Environment 制药公司的国际上市策略是否能应对监管环境的变化

LSE Research Online Documents on Economics Pub Date : 2010-10-01 DOI: 10.4337/9781781004241.00022

N. Varol, Joan Costa-i-Font, A. Mcguire

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引用次数: 5

Enforcement-proof contracts with moral hazard in precaution: ensuring 'permanence' in carbon sequestration 预防道德风险的强制执行合同:确保碳封存的“永久性”

LSE Research Online Documents on Economics Pub Date : 2010-09-01 DOI: 10.1093/OEP/GPR057

I. MacKenzie, M. Ohndorf, C. Palmer

引用次数: 31

Recent advances in the empirics of organizational economics 组织经济学实证研究的最新进展

LSE Research Online Documents on Economics Pub Date : 2010-08-11 DOI: 10.1146/ANNUREV.ECONOMICS.050708.143328

N. Bloom, R. Sadun, J. V. Reenen

{"title":"Recent advances in the empirics of organizational economics","authors":"N. Bloom, R. Sadun, J. V. Reenen","doi":"10.1146/ANNUREV.ECONOMICS.050708.143328","DOIUrl":"https://doi.org/10.1146/ANNUREV.ECONOMICS.050708.143328","url":null,"abstract":"We present a survey of recent contributions in the empirical organizational economics, focusing on management practices and decentralization. Productivity dispersion between firms and countries has motivated the improved measurement of firm organization across industries and countries. There appears to be substantial variation in management practices and decentralization between countries, but especially within countries. Much of the poorer average management quality in countries like Brazil and India seems due to a “long tail” of poorly managed firms, which barely exist in the US. Many basic economic theories are supported by this new data. Some stylized facts include: (1) competition seems to foster improved management and decentralization; (2) larger firms, skillintensive plants and foreign multinationals appear better managed and are more decentralized; (3) family owned and managed firms appear to have worse management; (4) firms facing an environment of lighter labor market regulations, and more human capital intensive organizations specialize relatively more in “people management”. There is evidence for complementarities between ICT, decentralization and management, but the relationship is complex and identification of the productivity effects of organizational practices remain a challenge for future research.","PeriodicalId":359449,"journal":{"name":"LSE Research Online Documents on Economics","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128003067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 86

Understanding the characteristics of techno-innovation in an era of self-regulated financial services 理解金融服务自律时代的技术创新特征

LSE Research Online Documents on Economics Pub Date : 2010-07-16 DOI: 10.1057/9780230283176_7

Susan V. Scott

引用次数: 3

The growth of extended 'entry tournaments' and the decline of institutionalised occupational labour markets in Britain 延长“入门比赛”的增长和英国制度化的职业劳动力市场的衰落

LSE Research Online Documents on Economics Pub Date : 2010-06-01 DOI: 10.1057/9780230307834_4

D. Marsden

引用次数: 29

Robust maximization of asymptotic growth 渐近增长的鲁棒最大化

LSE Research Online Documents on Economics Pub Date : 2010-05-19 DOI: 10.1214/11-AAP802

C. Kardaras, Scott Robertson

引用次数: 16

New approaches to surveying organizations 调查组织的新方法

LSE Research Online Documents on Economics Pub Date : 2010-05-01 DOI: 10.1257/AER.100.2.105

N. Bloom, J. V. Reenen

{"title":"New approaches to surveying organizations","authors":"N. Bloom, J. V. Reenen","doi":"10.1257/AER.100.2.105","DOIUrl":"https://doi.org/10.1257/AER.100.2.105","url":null,"abstract":"The last three decades have witnessed an explosion of theoretical work on the organization of firms (Robert Gibbons and John Roberts forthcoming). In parallel, there has been a massive increase in access to microdata which has revealed huge dispersions in productivity. For example, within narrow industries like cement, oak flooring, and block-ice the total factor productivity of plants at the ninetieth percentile is about twice that of those at the tenth percentile (Lucia Foster, John Haltiwanger, and Chad Syversson 2008). Unfortunately, analyzing to what extent this heterogeneity in productivity is due to management and organizational practices, unmeasured inputs, or other technologies has been held back by a lack of data. National statistical agencies do not usually collect data on the internal organization of companies, nor do firms report this in their accounts. Recently, however, social scientists have been starting to fill this gap by working closely with small numbers of individual firms (e.g., the “Insider Econometrics” approach described in Kathryn Shaw 2009) or covering wide cross-sections of firms (e.g., Nicholas Bloom, Raffaella Sadun, and John Van Reenen 2009). In this paper we describe some of the tools of this research, particularly Bloom and Van Reenen (2007)—henceforth BVR— for measuring management and organizational practices.","PeriodicalId":359449,"journal":{"name":"LSE Research Online Documents on Economics","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131551067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 68

Price pressure in the government bond market 政府债券市场的价格压力

LSE Research Online Documents on Economics Pub Date : 2010-05-01 DOI: 10.1257/AER.100.2.585

R. Greenwood, Dimitri Vayanos

{"title":"Price pressure in the government bond market","authors":"R. Greenwood, Dimitri Vayanos","doi":"10.1257/AER.100.2.585","DOIUrl":"https://doi.org/10.1257/AER.100.2.585","url":null,"abstract":"What determines the term structure of interest rates? Standard economic theory links the interest rate for maturity T to the willingness of a representative agent to substitute consumption between times 0 and T. The standard model contrasts sharply with a more informal view based on investors’ preferred habitat, proposed by John Culbertson (1957) and Franco Modigliani and Richard Sutch (1966). According to the preferred-habitat view, there are investor clienteles with preferences for specific maturities, and the interest rate for a given maturity is influenced by the demand of the corresponding clientele and the supply of bonds with that maturity. For example, the typical clientele for long-term bonds are pension funds. An increase in their demand would be expected to raise prices of long-term bonds and thus lower long-term interest rates. In short, preferred habitat implies that there is price pressure in the bond market. While the preferred-habitat view has intuitive appeal, it has not entered into the academic mainstream, typically being relegated to a paragraph in MBA-level textbooks. One reason for this is the mixed findings in early empirical studies of the term structure. Specifically, between 1962 and 1964, the US Treasury and Federal Reserve raised the supply of short-term government debt while simultaneously lowering the supply of long-term debt. This program, known as Operation Twist, aimed to raise shortterm interest rates, and so improve the balance of payments, while also lowering long-term rates to stimulate private investment. A number of papers evaluated Operation Twist, and while they reached different conclusions, none found strong evidence that the operation was effective in flattening the term structure (e.g., Modigliani Price Pressure in the Government Bond Market","PeriodicalId":359449,"journal":{"name":"LSE Research Online Documents on Economics","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130379545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 277

Cabinet structure and fiscal policy outcomes 内阁结构和财政政策结果

LSE Research Online Documents on Economics Pub Date : 2009-12-03 DOI: 10.2139/SSRN.1518122

Joachim Wehner

引用次数: 64

Rates of return and alternative measures of capital input: 14 countries and 10 branches, 1971-2005 资本投入的回报率和替代措施:1971-2005年，14个国家和10个分支机构

LSE Research Online Documents on Economics Pub Date : 2009-11-01 DOI: 10.4337/9780857932105.00019

N. Oulton, Ana Rincón-Aznar

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引用次数: 18