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role of both tax and non-tax determinants in the choice to be a closely-held corporation vs. a proprietorship. While lower …-income individuals face relatively neutral incentives, higher income households face strong tax incentives to be corporate. The data … suggest a strong response to these tax incentives. Many conventional non-tax determinants are confirmed in the data as well. …
Persistent link: https://www.econbiz.de/10010539860
This paper estimates the role of both tax and non-tax determinants in the choice in Sweden to be a closely …-income individuals face relatively neutral incentives, higher income individuals face strong tax incentives to be corporate. The data … suggest a relatively strong correlation between these tax incentives and the likelihood that a firm is corporate. Many …
Persistent link: https://www.econbiz.de/10010818338
We use a survey to identify a consumer bias with regard to different sources of debt-financing. Less salient debt may … there is a bias in favour of less salient debt. In a market with limited scope for arbitrage this consumer bias is likely to …
Persistent link: https://www.econbiz.de/10005025462
Though more than 100 countries have adopted gender quotas, the impacts of these reforms on women’s political leadership remain largely unknown. We exploit a quasi-experiment – a zipper quota imposed by the Swedish Social Democratic national party on municipal party groups – to examine...
Persistent link: https://www.econbiz.de/10010945004
global integration of Nordic equity markets in a capital-flow perspective. However, certain residual cross-border tax wedges …
Persistent link: https://www.econbiz.de/10005082493
global integration of Nordic equity markets in a capital-flow perspective. However, certain residual cross-border tax wedges …
Persistent link: https://www.econbiz.de/10005639327
The major strand of finance literature understands market efficiency through the market’s ability to process information into prices. Another strand of literature refers to the economists’ usual sense of the word, i.e. that markets ensure that resources are allocated to their most profitable...
Persistent link: https://www.econbiz.de/10005645279
No abstract.
Persistent link: https://www.econbiz.de/10010685069
Transparency has become a catchword and in the economic-political debate is often seen as a universal remedy for all sorts of problems. In this paper, we analyze and discuss the meaning and use of the concept of transparency in economic research. We look for common denominators across different...
Persistent link: https://www.econbiz.de/10011157171
Although private equity firms are often criticized for layoffs, little evidence exists regarding which employees lose their jobs and why. We argue that explanations for the job polarization process can also explain layoffs after buyouts. Buyouts reduce agency problems, which triggers automation,...
Persistent link: https://www.econbiz.de/10011262892