| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14334 |
| DP14334 Are Executives in Short Supply? Evidence from Deaths' Events | |
| Fabiano Schivardi; julien sauvagnat | |
| 发表日期 | 2020-01-21 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Using exhaustive administrative data on Italian social security records, we construct measures of local labor market tightness for executives that vary by industry and location. We then show that firm performance is negatively affected by executives death, but only in thin local labor markets. Death events are followed by an increase in the separation rate for the other executives of the firm, in particular for those with a college degree. Consistent with the hypothesis that the drop in performance is due to the fact that executives are in short supply, we find that after a death event executives wages in other firms increase, but only in thin markets. This indicates that local policies aiming at boosting the supply of managerial skills might be effective at increasing firm performance. |
| 主题 | Industrial Organization |
| 关键词 | Executives supply Firm performance Local growth |
| URL | https://cepr.org/publications/dp14334 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543226 |
| 推荐引用方式 GB/T 7714 | Fabiano Schivardi,julien sauvagnat. DP14334 Are Executives in Short Supply? Evidence from Deaths' Events. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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