Is employee satisfaction good or bad for firm value? While it may seem natural that companies should do better if their workers are happier, this relationship is far from obvious. The 20th-century way of managing workers (e.g.
Employee satisfaction and firm value: A global perspective
Alex Edmans, 25 July 2014
Topics: Labour markets, Microeconomic regulation, Productivity and Innovation
Tags: employee satisfaction, employment, employment protection, happiness, Labour Markets, labour-market flexibility, labour-market regulation, Management, productivity, profits, Stock returns, work, worker satisfaction
Gender diversity in management in Japan is finally emerging: Comparison with China and South Korea
Hiromi Ishizuka, 10 July 2014
Japan was ranked 104th out of 136 countries on the World Economic Forum (WEF)’s Global Gender Gap sub-index on economic participation and opportunity in 2013. This means that Japan has the second largest labour market gender gap among the advanced economies, next only to South Korea. Meanwhile, Japan’s population peaked in 2008 and has been on the decline since.
Are large headquarters unproductive?
Masayuki Morikawa, 19 June 2014
The role of headquarters
Headquarters – the core service sector inside companies – conduct a wide range of highly strategic activities, including:
Do we need highly cited departmental chairs?
Amanda Goodall, John McDowell, Larry Singell, 31 January 2014
The advancement of scientific knowledge is the primary responsibility of approximately 300,000 academic departments housed in more than 20,000 universities worldwide, yet little is known about the factors that determine the productivity of those departments. chairs – or ‘Heads of Department’ – play a central role in the academic departments that make up universities.
Productivity in Italy: The great unlearning
Fadi Hassan, Gianmarco I.P. Ottaviano, 30 November 2013
Italy is often regarded as the sleeping beauty of Europe -- a country rich in talent and history, but suffering from a long-lasting stagnation. Italian per-capita income as percentage of the EU15 average has steadily declined since 1994, reaching 84% of EU15 average in 2012. However, this pattern is a novelty compared to previous decades.
Imran Rasul, Daniel Rogger, 19 November 2013
Since its inception in the 1850s, the British Civil Service has become a cornerstone of the executive branch of the UK government, translating the policy programme of the government into practice.
Herding cats? Management and university performance
John McCormack, Carol Propper, Sarah Smith, 7 November 2013
The common view holds that managing academics is like herding cats – difficult and ultimately pointless. But this view of management contrasts with growing evidence that good management practices are like a good technology – they increase productivity (Bloom and Van Reenen 2010).
High-involvement management: What does it mean for worker wellbeing?
Alex Bryson, 21 October 2011
Solving the world’s problems – everything ranging from productivity growth and employment creation to ageing and climate change – will require firms to get better at what they do. Modern management techniques are increasingly looking like they will help deliver on the necessity.
How do CEOs spend their time?
Andrea Prat, Oriana Bandiera, Luigi Guiso, Raffaella Sadun, 28 May 2011
Corporate leadership attracts enormous attention, both from scholars and from the public. Yet, despite this strong interest, very little is known on what activities leaders engage in. Most texts that purport to define and explain the role of corporate leaders are based on a small amount of evidence, often just a single case.
Time and work at the Bank of England
Anne Murphy, 22 May 2011
In 1783 the Bank of England appointed a Committee of Inspection to examine working practices within its departments and identify any failings in procedures. The committee spent a year interviewing the clerks and observing them at work.
- Secular stagnation: Facts, causes, and cures – a new Vox eBookTeulings, Baldwin
- Can large primary surpluses solve Europe’s debt problem?Eichengreen, Panizza
- The unrecognised benefits of grade inflationBoleslavsky, Cotton
- The US manufacturing base is surprisingly strongMoran, Oldenski
- Italian growth: New recession or six-year decline?Frankel
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche
- The economics of Scottish independence in an interdependent worldHughes Hallett
- Making city lights shine brighterYusuf, Leipziger
- The euro in the 'currency war'Bénassy-Quéré, Martin
- The roots of shadow bankingPerotti
- What’s wrong with Europe?Baldini, Manasse
- Corporate Finance Theory Symposium19 - 20 September 2014 / Cambridge / Judge Business School, Cambridge University
- International Trade, Finance, and Macroeconomics: Research Frontiers and Challenges for Policy18 - 19 December 2014 / The Bank of England, London / The Bank of England, Centre for Macroeconomics and CEPR