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Job flows, demographics and the Great Recession

Sierminska, Eva; Takhtamanova, Yelena - 2010

, gender and race. We find that adjusting for the aging of the U.S. labor force increases the severity of this recession. Our …

Persistent link: https://www.econbiz.de/10009261372

The impact of macroeconomic uncertainty on trade credit for non-financial firms

Baum, Christopher F. (contributor); … - 2003

Persistent link: https://www.econbiz.de/10002908874

Are budgets deficits used strategically?

Lambertini, Luisa (contributor) - 2003

Persistent link: https://www.econbiz.de/10002912937

Macroeconomic uncertainty and firm leverage

Baum, Christopher F. (contributor); … - 2004

Persistent link: https://www.econbiz.de/10002917349

Smart Café cities : testing human capital externalities in the Boston metropolitan area

Fu, Shihe (contributor) - 2005

Persistent link: https://www.econbiz.de/10002921320

Macroeconomic uncertainty and firm leverage

Baum, Christopher F. (contributor); … - 2004 - [Elektronische Ressource]

This paper investigates the link between the optimal level of non-financial firms' leverage and macroeconomic uncertainty. We develop a structural model of a firm's value maximization problem that predicts that as macroeconomic uncertainty increases the firm will decrease its optimal level of...