Showing 1 - 10 of 35
Corporate governance theory predicts that leverage affects agency costs and thereby influences firm performance. We propose a new approach to test this theory using profit efficiency, or how close a firm's profits are to the benchmark of a best-practice firm facing the same exogenous conditions....
Persistent link: https://www.econbiz.de/10005721124
In this paper, I extend a theoretical model of the crowding out hypothesis, whereby government contributions to a public good displace private giving, in order to illustrate how dollar-for-dollar crowding out is possible even when individuals regard their own contributions and government grants...
Persistent link: https://www.econbiz.de/10005393657
their less educated peers. We argue that on-the-job training, being complementary to formal education, is the reason for …
Persistent link: https://www.econbiz.de/10010791599
Persistent link: https://www.econbiz.de/10010725130
Persistent link: https://www.econbiz.de/10010725148
Persistent link: https://www.econbiz.de/10010725335
Persistent link: https://www.econbiz.de/10010725380
Persistent link: https://www.econbiz.de/10010725446
a speech at the Jump$tart Coalition for Personal Financial Literacy and Federal Reserve Board joint news conference, Washington, D.C., April 5, 2006
Persistent link: https://www.econbiz.de/10010725463
Persistent link: https://www.econbiz.de/10010725510