Foreign direct investment (FDI) plays a crucial role in enabling developing economies to embark on a path of inclusive growth. This applies in particular if local subsidiaries of multinational enterprises (MNEs) are committed to ‘principled embeddedness’ meaning that they are prepared to integrate parts of the local economy into global value chains by enabling them to comply with the required quality norms and standards. It also results in capacity development and technology transfer that is likely to benefit local entrepreneurs who contribute to the diversity of markets in the domestic economy. The empirically validated contribution of embedded subsidiaries of MNEs to inclusive growth challenge the normative view that FDI in developing economies would merely pose a threat to existing embedded economic systems.
Parenthood increases gender inequality in paid (employment) and unpaid labor (e.g., caretaking). New parental leave plans aim to increase gender equality by reducing managerial discretion and offering gender-neutral benefits. However, coworkers may undermine these inclusive aims, particularly if they show variable support per employee characteristics. Thus, we examine why and how employee gender and obesity interactively predict coworkers’ support for parental leave and test an intervention to increase equality. Three between-subjects experiments with working American adults (Ns=133-252) indicate that obesity decreases coworkers’ parental leave support for men, but increases coworkers’ parental leave support for women; these effects are replicated and mediated by coworkers’ caregiving ability expectations of the employees, inequalities that are reduced when parental leave is made the default. Discussion focuses on our results’ implications for theory, practice, and for men and women’s paid and unpaid labor, including recommendations for parental leave policy design and delivery to increase equality
We study how the scope of negative externalities from market activity affects the willingness of market actors to exhibit social responsibility. Using the laboratory experimental paradigm introduced by Bartling et al. (Q J Econ 130(1):219–266, 2015), we compare the voluntary internalization of negative social impacts by market actors in cases where the negative externality is diffused among many subjects or is concentrated on a single subject. We (1) replicate earlier results demonstrating substantial degrees of market social responsibility and (2) find that the willingness of market actors to act pro-socially is only slightly affected by whether the impacts are concentrated or diffused.
The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor share) firms to command growing market share. Building on Autor et al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among firms within industries has risen across much of the private sector; and industries with larger increases in concentration exhibit a larger decline in labor's share.
Die Fakultätsversammlung hat die Mitglieder des Fakultätsvorstandes per 1. August 2018 für zwei weitere Jahre gewählt: Im Amt bestätigt wurden Prof. Harald Gall, Dekan seit 2012, gemeinsam mit Prof. Uschi Backes-Gellner, Prodekanin seit 2008, und Prof. Josef Zweimüller, Prodekan seit 2016.
