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Information Spillovers and Factor Adjustment

Luigi Guiso () and Fabiano Schivardi ()

Working Papers from Banca Italia - Servizio di Studi

Abstract: We investigate the role of information spillovers (IS) in determining firms' labor adjustments. We test the proposition that information on relevant state variables spills over through one firm's decision th those of other firms, assuming that spillovers matter only among frims that are both similar and geographically close.

Keywords: BUSINESS CYCLES; INFORMATION; BUSINESS ORGANIZATION (search for similar items in EconPapers)
JEL-codes: E32 D83 L40 (search for similar items in EconPapers)
Date: Written 2000
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Handle: RePEc:fth:banita:368