Showing 1 - 10 of 68
The widespread ennoblement of the Spanish bourgeoisie in the sixteenth century has been traditionally considered one of the main causes of Iberian decline. I document and quantify the surge in ennoblement through a new time series of nobility cases preserved in the Archive of the Royal Chancery...
Persistent link: https://www.econbiz.de/10005125846
. However, the mechanism is imperfect because LPs can either use many FOFs and risk coordination problems among them or few FOFs … and risk getting held up. Fourth, FOFs are used by LPs with weaker governance structures. Fifth, there is some evidence …
Persistent link: https://www.econbiz.de/10005134791
order to support our main argument – that outsourcing has been going on for a while and that the risk to US job growth due …The debate on outsourcing of skilled jobs to India has recently picked up steam and has become a hot election …-year issue. Bills put forth in almost twenty five states have provisions that seek to limit the outsourcing trend. This paper …
Persistent link: https://www.econbiz.de/10005412852
Critics have muddled the public debate over offshore outsourcing by using the term interchangeably to refer to … argue that clarity requires distinguishing among these various phenomena and define outsourcing explicitly as the services … the recent “outsourcing” debate. Under this definition, the total number of the U.S. jobs outsourced annually is minuscule …
Persistent link: https://www.econbiz.de/10005556449
Outsourcing grew rapidly during the 1990s and has now become an accepted dimension of corporate strategy. While … outsourcing continues to grow in importance, the nature and focus of outsourcing is evolving. Historically, most outsourcing took … services, outsourcing is becoming increasingly cross- national and global. The growth of international outsourcing has …
Persistent link: https://www.econbiz.de/10005556502
Productivity at Australian container terminals has improved significantly in absolute terms since 1997 according to this international benchmarking study. For the sample of ship calls and terminals studied, productivity improved also in relative terms. The productivity improvement at Australian...
Persistent link: https://www.econbiz.de/10005556535
The quest for more efficiency and security is reflected in the economy as a whole, but especially in the product and process innovations in information and communication technology (ICT). We examine the ten concepts considered to have the brightest prospects in the business segment in terms of...
Persistent link: https://www.econbiz.de/10005118730
A general outline of the functional and spatial characteristics of the clothing industry in Southern California is sketched out. Two important trends are noted: (a) the increasing design- and knowledge-intensive structure of the industry and (b) the marked increase in offshore subcontracting by...
Persistent link: https://www.econbiz.de/10005119036
The theory of asset pricing, which takes its roots in the Arrow-Debreu model (Theory of value [1959, chap. 7]), the Black and Sholes formula (1973) and Cox and Ross (1976 a and b), has been formalized in a general framework by Harrison and Kreps (1979), Harrison and Pliska (1979) and Kreps...
Persistent link: https://www.econbiz.de/10005076947
In this paper we study the continuous time optimal portfolio selection problem for an investor with a finite horizon who maximizes expected utility of terminal wealth and faces transaction costs in the capital market. It is well known that, depending on a particular structure of transaction...
Persistent link: https://www.econbiz.de/10005125672