This paper investigates the role of language in determining the substitutability between foreign and native workers. Our identification strategy exploits the linguistic diversity of Switzerland, a country with three main official languages (German, French and Italian) shared by bordering countries. This makes the Swiss labour market very peculiar, since both immigrants and natives may (or may not) share the language spoken in the area of residence. We modify the standard nested-cell labour demand model to account for the linguistic background of native and immigrant workers. We provide evidence about the central role of language in determining the extent of the imperfect substitutability between native and foreign workers, and their differential specialization in communication-intensive jobs.
{"title":"What drives the substitutability between native and foreign workers? Evidence about the role of language","authors":"Elena Gentili, Fabrizio Mazzonna","doi":"10.1111/ecca.12501","DOIUrl":"10.1111/ecca.12501","url":null,"abstract":"<p>This paper investigates the role of language in determining the substitutability between foreign and native workers. Our identification strategy exploits the linguistic diversity of Switzerland, a country with three main official languages (German, French and Italian) shared by bordering countries. This makes the Swiss labour market very peculiar, since both immigrants and natives may (or may not) share the language spoken in the area of residence. We modify the standard nested-cell labour demand model to account for the linguistic background of native and immigrant workers. We provide evidence about the central role of language in determining the extent of the imperfect substitutability between native and foreign workers, and their differential specialization in communication-intensive jobs.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"91 361","pages":"210-237"},"PeriodicalIF":1.4,"publicationDate":"2023-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135874956","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Does a bank's ownership matter for the performance of a firm to which it is connected, especially in the event of a crisis? I study this question through the effect of the 2008–9 crisis on Indian manufacturing firms to provide evidence on a new channel that can matter significantly for a firm's performance—bank ownership. I find that firms connected to private (domestic and foreign) banks earned around 10% and 25% less from sales and exports, respectively, during the crisis, as compared to firms having banking relationships with public-sector banks. This happened as private banks were affected differentially in terms of credit supply from the Central Bank and withdrawal of deposits. Firms connected to private banks also laid off more workers, and imported fewer capital goods. Finally, these effects are significant across the size distribution of the firms (except the smallest firms), for firms producing intermediates, and about 40% less for firms that belong to a business group.
{"title":"Bank ownership and firm performance","authors":"Pavel Chakraborty","doi":"10.1111/ecca.12502","DOIUrl":"10.1111/ecca.12502","url":null,"abstract":"<p>Does a bank's ownership matter for the performance of a firm to which it is connected, especially in the event of a crisis? I study this question through the effect of the 2008–9 crisis on Indian manufacturing firms to provide evidence on a new channel that can matter significantly for a firm's performance—bank ownership. I find that firms connected to private (domestic and foreign) banks earned around 10% and 25% less from sales and exports, respectively, during the crisis, as compared to firms having banking relationships with public-sector banks. This happened as private banks were affected differentially in terms of credit supply from the Central Bank and withdrawal of deposits. Firms connected to private banks also laid off more workers, and imported fewer capital goods. Finally, these effects are significant across the size distribution of the firms (except the smallest firms), for firms producing intermediates, and about 40% less for firms that belong to a business group.</p>","PeriodicalId":48040,"journal":{"name":"Economica","volume":"91 361","pages":"238-267"},"PeriodicalIF":1.4,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136068575","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-30DOI: 10.22202/economica.2023.v12.i1.6876
Eliza Eliza
{"title":"ANALYSIS OF E-MARKETING, SOCIAL MEDIA MARKETING, AND E-WOM ON CONSUMER PURCHASE DECISIONS","authors":"Eliza Eliza","doi":"10.22202/economica.2023.v12.i1.6876","DOIUrl":"https://doi.org/10.22202/economica.2023.v12.i1.6876","url":null,"abstract":"","PeriodicalId":48040,"journal":{"name":"Economica","volume":"11 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139310070","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-30DOI: 10.22202/economica.2023.v12.i1.6569
Ansofino Ansofino
{"title":"PRIORITY DETERMINATION FOR THE DEVELOPMENT OF THE WEST SUMATRA CREATIVE ECONOMY SUBSECTOR","authors":"Ansofino Ansofino","doi":"10.22202/economica.2023.v12.i1.6569","DOIUrl":"https://doi.org/10.22202/economica.2023.v12.i1.6569","url":null,"abstract":"","PeriodicalId":48040,"journal":{"name":"Economica","volume":"66 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139309623","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-30DOI: 10.22202/economica.2023.v12.i1.6872
Prince Charles Heston Runtunuwu
{"title":"THE IMPACT OF LOCAL GOVERNMENT'S FINANCIAL PERFORMANCE ON ECONOMIC GROWTH, UNEMPLOYMENT, POVERTY","authors":"Prince Charles Heston Runtunuwu","doi":"10.22202/economica.2023.v12.i1.6872","DOIUrl":"https://doi.org/10.22202/economica.2023.v12.i1.6872","url":null,"abstract":"","PeriodicalId":48040,"journal":{"name":"Economica","volume":"5 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139309906","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-30DOI: 10.22202/economica.2023.v13.i1.6971
Joni Putra
{"title":"THE EFFECT OF CORPORATE GOVERNANCE ON CAPITAL STRUCTURE IN COMPANIES LISTED ON THE IDX","authors":"Joni Putra","doi":"10.22202/economica.2023.v13.i1.6971","DOIUrl":"https://doi.org/10.22202/economica.2023.v13.i1.6971","url":null,"abstract":"","PeriodicalId":48040,"journal":{"name":"Economica","volume":"17 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139310794","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-30DOI: 10.22202/economica.2023.v13.i1.6569
Putri Meliza Sari
{"title":"Priority Determination for the Development of the West Sumatra Creative Economy Subsector with the GAIA Visual Promethee Method","authors":"Putri Meliza Sari","doi":"10.22202/economica.2023.v13.i1.6569","DOIUrl":"https://doi.org/10.22202/economica.2023.v13.i1.6569","url":null,"abstract":"","PeriodicalId":48040,"journal":{"name":"Economica","volume":"43 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139309917","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-30DOI: 10.22202/economica.2023.v13.i1.6588
Septiana Mar'atus Sholikhah
{"title":"THE INFLUENCE OF DIVIDEND POLICY AND PROFITABILITY WITH FIRM SIZE AS A MODERATING VARIABLE","authors":"Septiana Mar'atus Sholikhah","doi":"10.22202/economica.2023.v13.i1.6588","DOIUrl":"https://doi.org/10.22202/economica.2023.v13.i1.6588","url":null,"abstract":"","PeriodicalId":48040,"journal":{"name":"Economica","volume":"23 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139310702","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-30DOI: 10.22202/economica.2023.v12.i1.6588
Septiana Mar'atus Sholikhah
{"title":"THE INFLUENCE OF DIVIDEND POLICY AND PROFITABILITY WITH FIRM SIZE","authors":"Septiana Mar'atus Sholikhah","doi":"10.22202/economica.2023.v12.i1.6588","DOIUrl":"https://doi.org/10.22202/economica.2023.v12.i1.6588","url":null,"abstract":"","PeriodicalId":48040,"journal":{"name":"Economica","volume":"86 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139311194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}