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Capital structure, investment, and fire sales
Gale, Douglas; Gottardi, Piero - London School of Economics (LSE) - 2014
We study a dynamic general equilibrium model in which firms choose their investment level and their capital structure, trading off the tax advantages of debt against the risk of costly default. The costs of bankruptcy are endogenously determined, as bankrupt firms are forced to liquidate their...
Persistent link: https://www.econbiz.de/10011170093
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Greek fiscal crisis and repercussions for the property market
Vlamis, Prodromos - London School of Economics (LSE) - 2013
The aim of the paper is to present a review of the fiscal imbalances and debt crisis in Greece and identify the possible links with the recent developments in the Greek property market. We follow a non-technical approach to discuss a number of factors that have contributed to the fiscal crisis...
Persistent link: https://www.econbiz.de/10011071100
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Do Migrants Follow Market Potentials? An Estimation of a New Economic Geography Model
Crozet, Matthieu - HAL - 2004
New Economic Geography models describe a cumulative process of spatial agglomeration: Firms tend to cluster in …
Persistent link: https://www.econbiz.de/10010750495
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Agglomeration in a global economy: a survey
Ottaviano, Gianmarco I. P.; Puga, Diego - London School of Economics (LSE) - 1997
cluster together, turning location into a self-reinforcing process. However, agglomeration raises the price of immobile local …
Persistent link: https://www.econbiz.de/10010745164
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A simple theory of the optimal number of immigrants
Chao, Chi-Chur; Hazari, Bharat R.; Laffargue, Jean-Pierre - HAL - 2008
quality of which decreases due to congestion created or enhanced by migrants. On the basis of our model we show that the …
Persistent link: https://www.econbiz.de/10010930197
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Paris : un désir nommé tramway
Prud'Homme, Rémy; Koning, Martin; Kopp, Pierre - HAL - 2008
particulier par les coûts externes de congestion sur le périphérique. Il en va de même en ce qui concerne les rejets de CO2 : les …
Persistent link: https://www.econbiz.de/10010738442
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Patent Office in innovation policy: Nobody's perfect
Caillaud, Bernard; Duchene, Anne - HAL - 2009
the examination process of patent applications is imperfect, and that its quality is poorer under congestion. Depend- ing …
Persistent link: https://www.econbiz.de/10010738781
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The Relationship between Vehicle Routing & Scheduling and Green Logistics - A Literature Survey
Sbihi, Abdelkader; Eglese, Richard W. - HAL - 2007
The basic Vehicle Routing and Scheduling Problem (VRSP) is described followed by an outline of solution approaches. Different variations of the basic VRSP are examined that involve the consideration of additional constraints or other changes in the structure of the appropriate model. An...
Persistent link: https://www.econbiz.de/10010618155
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Le péage urbain. Quelles opportunités pour Veolia Transport ?
Pressé, Julien - HAL - 2009
divers enjeux tels que la limitation de la congestion, le financement des transports ou encore la réduction des nuisances …
Persistent link: https://www.econbiz.de/10010820949
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Les droits à circuler échangeable : une alternative pertinente et réaliste au péage urbain ?
Raux, Charles - HAL - 2009
échangeables, visant à réduire la congestion ou la pollution atmosphérique. Une évaluation est menée dans le cas de l'agglomération …Le péage de congestion est difficile à mettre en œuvre en milieu urbain car la plupart des automobilistes s'attendent à … plus généralement la collectivité, quand on compare les droits à circuler au péage de congestion classique. …
Persistent link: https://www.econbiz.de/10008790443