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Private equity funds pay particular attention to capital structure when executing leveraged buyouts, creating an interesting setting for examining capital structure theories. Using a large, detailed, international sample of buyouts from 1980-2008, we find that buyout leverage is unrelated to the...
Persistent link: https://www.econbiz.de/10011071252
A reduction in inflation can fuel run-ups in housing prices if people suffer from money illusion. For example …
Persistent link: https://www.econbiz.de/10011071404
more detailed approaches. From here, we survey the providers of finance, ranging from large state and private banks, to …
Persistent link: https://www.econbiz.de/10011071530
Persistent link: https://www.econbiz.de/10005776300
, Health, Housing, Income Maintenance and Social Security and Personal Social Services. The paper systematically explores who …
Persistent link: https://www.econbiz.de/10010744869
. There has always been a 'mixed economy' of welfare in terms of the balance between public and private provision, finance … private provision, finance, and control), but with some growth in publicly financed services that are contracted out to the …
Persistent link: https://www.econbiz.de/10010745960
of changing demographics versus changes in residential land per household. Between 1976 and 1992 the amount of … residential land in the United States grew 47.7% while population only grew 17.8%. At first glance, this suggest an important role … for per-household increases. However, the calculations in this paper show that only 24.5% of the growth in residential …
Persistent link: https://www.econbiz.de/10010746285
Persistent link: https://www.econbiz.de/10011274872
We present a framework for the analysis of tax and benefit policy in countries with significant informality. Our framework allows us to jointly analyse the effects of various taxes and benefits on incentives for firms and workers to be informal and evade taxation. We find that payroll taxes and...
Persistent link: https://www.econbiz.de/10011126006
Finance industry: a sector which accounts for a large proportion of all bonus payments in the British economy. …
Persistent link: https://www.econbiz.de/10011126062