-liberalization profits. The author distinguishes between European flag carriers, which are hightly regulated at the beginning of the eighties …, and independent airlines. It is found that the latter enjoy sunk cost advantages but get lower variable profits than the …

played by full-time enterprise union officials in the workplace. Unions will reduce profits if they raise pay and/or lower … productivity. The evidence is pretty clear cut: the bulk of studies show that profits or financial performance is inferior in … unionised workplaces, firms and sectors than in their non-union counterparts. But the world may be changing. A recent study of …

This paper analyses optimal irreversible investment policy when profits are subject to a multiplicative geometric …

predictability of short run stock price movements. Based on historical returns of the largest set of individual securities in the UK … stock market examined to date, this paper identifies profitable momentum trading strategies as investment tools over the …-risk. Also, although we find some evidence of a size effect in the UK stock market, this phenomenon cannot explain the momentum …

the Philippines and India, and especially the choice between the technologies of incineration, pyrolysis and …

studies of credit in rural India. …