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Finance Academic Group - D'Amore-McKim School of Business

D'Amore-McKim's Finance faculty bring a wealth of professional expertise to the classroom and continue to break new ground in research and thought leadership in the areas of empirical corporate finance and investments. ....

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Monopsony makes firms not only small but also unproductive

Differences in labour market outcomes between East and West Germany persist, 30 years after reunification. Using high-quality administrative data from Germany, this column documents that East German plants face a steeper size–wage curve than West German ones, invest less in marketing, remain smaller, and, on average, pay lower wages. A model with labour market monopsony, ....

West German , East Germany , East Germans , West Germany , Arbeitsmarkt Forschung , Journal For Labour Market Research , Mimeo Columbia University , German Structure Of Earnings Survey , Labor Market Flow Panel , German Structure , Earnings Survey , Administrative Wage , Why East Germany , Labor Reallocation , Wage Growth , Mimeo Columbia , Distributional Effects , Wage Structure , Labor Economics , Arbeitsmarkt Forschung Journal , Labour Market Research , Regional Price Differentials , Spatial Economic Analysis , Development Economics ,

COVID-19 caused working hours to spike by 40% in some countries, new study shows

The move to remote work initially increased the average GitHub user’s hourly workweek by more than 15 percent and shifted work to nontraditional hours. The pandemic caused a large number of workers to shift from working at the office to working at home. The rise of remote work may outlast the pandemic, but it is . ....

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