Zobrazeno 1 - 10
of 27
pro vyhledávání: '"Mauricio Larrain"'
We document a novel relationship between networks of firms linked through ownership (i.e., business groups) and labor income using matched employer-employee data for Chile. Business group affiliation is associated with higher wages, even after contro
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1782f05b9a04d2be57c7bbea964000ea
https://doi.org/10.31235/osf.io/weqsz
https://doi.org/10.31235/osf.io/weqsz
We use matched employer-employee data together with data on the ownership networks of Chilean firms to document a novel relationship between inequality in labor income and ownership structures. Exploiting transitions of firms in and out of networks,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8c6ebb45d43166ab6d4453249e0f9e06
https://doi.org/10.18235/0004265
https://doi.org/10.18235/0004265
Publikováno v:
Journal of International Economics. 137:103624
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::12af43ee061f0422f0269fbabc7d5e18
https://doi.org/10.1016/j.jinteco.2022.103624
https://doi.org/10.1016/j.jinteco.2022.103624
Publikováno v:
Journal of Financial Stability
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ef0c0f1cb6b697f6cdceeefb8d856a21
Publikováno v:
SSRN Electronic Journal.
The coronavirus (COVID-19) pandemic has imposed a heavy toll on economies worldwide, nearly halting economic activity. Although most firms should be viable when economic activity resumes, cash flows have collapsed, possibly triggering inefficient ban
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6fc6136eca55be000a297f52f5d89692
https://doi.org/10.2139/ssrn.3598703
https://doi.org/10.2139/ssrn.3598703
Publikováno v:
Journal of Corporate Finance. 69:102017
This paper provides micro evidence of labor mobility inside business groups. We show that worker flows between firms in the same group are stronger than with unaffiliated firms. Moreover, the reallocation of top workers between group firms is more se
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::769cdb8e1d0f9d9e3e5f6f08d0cf0d39
https://doi.org/10.1016/j.jcorpfin.2021.102017
https://doi.org/10.1016/j.jcorpfin.2021.102017
Autor:
Sebastian Stumpner, Mauricio Larrain
Publikováno v:
The Journal of Finance. 72:1825-1858
We study the effects of capital account liberalization on firm capital allocation and aggregate productivity in 10 Eastern European countries. Using a large firm-level data set, we show that capital account liberalization decreases the dispersion in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::506317ba1244e0bfbbb73cdf5658bd93
https://doi.org/10.1111/jofi.12497
https://doi.org/10.1111/jofi.12497
Publikováno v:
Journal of Financial Economics. 123:163-188
We demonstrate the central importance of creditors’ ability to use movable assets as collateral (as distinct from immovable real estate) when borrowing from banks. Using a unique cross-country micro-level loan data set containing loan-to-value rati
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::84a06434131d47f83109527b5fd23535
https://doi.org/10.1016/j.jfineco.2016.09.005
https://doi.org/10.1016/j.jfineco.2016.09.005