Showing 1 - 10 of 16
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994. For German firms, cash flow is not informative in simple econometric models of fixed investment or R&D. In identical specifications for...
Persistent link: https://www.econbiz.de/10010884496
This article discusses the out-of-court restructuring of the contractual obligations of a financially distressed firm, under conditions of asymmetric information among the firm’s creditors and in situations where a creditor bank makes concessions conditional on other creditors’ actions. I...
Persistent link: https://www.econbiz.de/10010745518
Persistent link: https://www.econbiz.de/10005776289
countries in terms of education, earnings, and employment. …
Persistent link: https://www.econbiz.de/10010744907
In the empirical literature on work experience, job tenure, training and earnings, only one previous study has made a … training and vocational institute training for the current occupation have highly significant effects on earnings, with work … significantly negative effect on the earnings of those with high cognitive test scores, the previous-occupation counterparts do not …
Persistent link: https://www.econbiz.de/10010745878
The analysis is concerned with the contributions of numeracy and literacy to earnings, for three reasons: first, no … the contributions of numeracy and literacy as reflected in earnings. The results suggest that numeracy has a highly … significant effect on earnings, mostly through its effect on college attainment, but also directly, controlling for attainment …
Persistent link: https://www.econbiz.de/10010746026
Based upon unique survey data collected using respondent driven sampling methods, we investigate whether there is a gender pay gap among social entrepreneurs in the UK. We find that women as social entrepreneurs earn 29% less than their male colleagues, above the average UK gender pay gap of...
Persistent link: https://www.econbiz.de/10011125986
I evaluate the impact of the UK Working Time Regulations 1998, which introduced mandatory paid holiday entitlement. The regulation gave (nearly) all workers the right to a minimum of 4 weeks of paid holiday per a year. With constant weekly pay this change amounts effectively to an increase in...
Persistent link: https://www.econbiz.de/10011126550
earnings among individuals into the part due to changes in earnings among establishments and the part due to changes in … earnings within-establishments and finds that much of the 1970s-2010s increase in earnings inequality results from increased … dispersion of the earnings among the establishments where individuals work. It also shows that the divergence of establishment …
Persistent link: https://www.econbiz.de/10011126610
‘Safe harbour’ is shorthand for a bundle of privileges in insolvency which are typically afforded to financial … protection against the fallout of the counterparty’s insolvency contributes to systemic stability, as the feared ‘domino effect …
Persistent link: https://www.econbiz.de/10011264787