Arbeitspapier

Organizational belief, managerial vision, and international trade

In this paper, we develop a simple general-equilibrium trade model in which heterogeneous workers make an investment decision in acquiring advanced managerial skills and choose their optimal effort level based on their own individual organizational beliefs and CEO's managerial vision. In doing so, we show how trade liberalization and/or changes in managerial vision of CEO may lead to non-monotonic income changes within firms due to the interaction between workers' beliefs and CEO's managerial vision. Whether a stronger (or weaker) CEO's managerial vision benefits the firm or not depends on its extent relative to workers' overall beliefs, and may involve some winners and losers within firms.

Sprache
Englisch

Erschienen in
Series: FIW Working Paper ; No. 161

Klassifikation
Wirtschaft
Trade and Labor Market Interactions
Economic Impacts of Globalization: Labor
Thema
organizational belief
managerial vision
organizational change
international trade

Ereignis
Geistige Schöpfung
(wer)
Jung, Jaewon
Ereignis
Veröffentlichung
(wer)
FIW - Research Centre International Economics
(wo)
Vienna
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Jung, Jaewon
  • FIW - Research Centre International Economics

Entstanden

  • 2015

Ähnliche Objekte (12)