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We propose a simple investment model which shows that, in the presence of fluctuations in and uncertainty about the opportunity cost of time, marginal individuals may choose to delay their education if the opportunity cost of time is temporarily high. Importantly, it is when the completion of...
Persistent link: https://www.econbiz.de/10005645375
It is extraordinarily difficult to determine the extent to which the gender wage gap reflects discriminatory behaviors … of gender because one is paid for what one produces. With this as our point of departure, we compared men and women … easy to summarize. First, the gender wage gap is clearly smaller under piece- than under time-rate work. According to the …
Persistent link: https://www.econbiz.de/10011019064
It is extraordinarily difficult to determine the extent to which the gender wage gap reflects discriminatory behaviors … of gender because one is paid for what one produces. With this as our point of departure, we compared men and women … easy to summarize. First, the gender wage gap is clearly smaller under piece- than under time-rate work. According to the …
Persistent link: https://www.econbiz.de/10005670114
This paper studies whether the degree of women’s representation in Swedish local councils affects local public expenditure patterns. Theoretically, the individual preferences of elected representatives may have an impact on public expenditure if full policy commitment is not feasible. To...
Persistent link: https://www.econbiz.de/10005645438
Firms having significant shareholdings in one another is not an unusual phenomenon in countries where the law admits such ownership arrangements, like Sweden and Japan. In this paper the role of cross-ownership as means for deterring takeovers is examined in the framework of a simple two-firm,...
Persistent link: https://www.econbiz.de/10011019053
This paper studies the relative importance of tax incentives as merger motives in the Swedish industry during the period 1983-1987. Several econometric models are estimated and statistical tests performed. The tax-hypothesis is contrasted with an alternative hypothesis, suggested by Jensen,...
Persistent link: https://www.econbiz.de/10010684495
Several attempts have been made to determine the tax differential between the corporate and non-corporate sectors of the economy, implied by the present double taxation of corporate source income. A common feature of these studies is the assumption that the retention of corporate profits gives...
Persistent link: https://www.econbiz.de/10011019066
We construct a model where incumbents can either acquire basic innovations from entrepreneurs, or wait and acquire developed innovations from entrepreneurial firms supported by venture capitalists. We show that venture-backed entrepreneurial firms have an incentive to overinvest in development...
Persistent link: https://www.econbiz.de/10005025461
This paper investigates how the entry mode of foreign direct investment (FDI) affects the affiliate R&D activities using unique data on Swedish multinational firms over a long period of time (1970 to 1998). On average, acquired affiliates are more likely to do R&D and have a higher level of R&D...
Persistent link: https://www.econbiz.de/10005771091
The Industrial Institute of Economic and Social Research (IUI) was founded in 1939. In less than ten years, IUI grew from a small survey bureau to a leading research institute focused on microeconomic research relevant to industrial development. Based on a number of new commemorative essays and...
Persistent link: https://www.econbiz.de/10008543205