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. Much less work has considered the importance of the auction process. For example, in many auctions, auctioneers are present … and can impact the process of the auction by varying starting prices, level of price adjustments, the speed of the auction … explore the importance of auction process by testing whether auctioneers can have a systematic difference on auction outcomes …
Persistent link: https://www.econbiz.de/10012458932
The concept of the circular economy is still poorly communicated and understood. A comparative analysis of the conditions in France and in China in which the concept has been communicated explains the diverse semantic, technical, psychological and behavio
Persistent link: https://www.econbiz.de/10010860561
Persistent link: https://www.econbiz.de/10011439471
implemented in 2018 that reduced the effective tax rate on pass-through business income. We study the deduction using several … business income likely to be eligible for the deduction, either in the time series or among firms with greater exposure to the … find that partnerships (one type of pass-through business) reduce compensation paid to owners, in line with the incentives …
Persistent link: https://www.econbiz.de/10012510558
We survey 861 finance academics, professionals, and public sector regulators and policy economists about climate finance topics. They identify regulatory risk as the top climate risk to businesses and investors over the next five years, but they view physical risks as the top risk over the next...
Persistent link: https://www.econbiz.de/10012616584
Using surveys of firms around the world, we review existing evidence on how firms form their macroeconomic expectations. Several facts stand out. First, the mean inflation forecasts of firms often deviate significantly from those of professional forecasters and households. Second, disagreement...
Persistent link: https://www.econbiz.de/10013210070
In this paper we explore whether or not the experience as a founder of a venture capital-backed startup influences the performance of founders who become venture capitalists (VCs). We find that nearly 7% of VCs were previously founders of a venture-backed startup. Having a successful exit and...
Persistent link: https://www.econbiz.de/10013191001
We analyze a field experiment conducted on AngelList Talent, a large online search platform for startup jobs. In the experiment, AngelList randomly informed job seekers of whether a startup was funded by a top-tier investor and/or was funded recently. We find that the same startup receives...
Persistent link: https://www.econbiz.de/10013172146
In a model with cheap talk, employers can send messages about their willingness to pay for higher ability workers, which job-seekers can use to direct their search and tailor their wage bid. Introducing such messages leads--under certain conditions--to an informative separating equilibrium which...
Persistent link: https://www.econbiz.de/10012696354
PFL legislation are often met with opposition from employer organizations, who fear disruptions to business, especially …
Persistent link: https://www.econbiz.de/10012696395