Similar Search Results

Predicting College Closures and Financial Distress

Kelchen, Robert J.; Ritter, Dubravka; Webber, Douglas A. - National Bureau of Economic Research - 2024

In this paper, we assemble the most comprehensive dataset to date on the characteristics of colleges and universities, including dates of operation, institutional setting, student body, staff, and finance data from 2002 to 2023. We provide an extensive description of what is known and unknown...

Persistent link: https://www.econbiz.de/10015145166

Layoffs, Lemons, Race, and Gender

Hu, Luojia - 2005

This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white...

Persistent link: https://www.econbiz.de/10012467198

How Far to the Hospital? The Effect of Hospital Closures on Access to Care

Buchmueller, Thomas C. - 2004

Do urban hospital closures affect health care access or health outcomes? We study closures in Los Angeles County between 1997 and 2003, through their effect on distance to the nearest hospital. We find that increased distance to the nearest hospital shifts regular care away from emergency rooms...

Persistent link: https://www.econbiz.de/10012467990

Entrant Experience and Plant Exit

Dunne, Timothy - 2003

Producers entering a market can differ widely in their prior production experience, ranging from none to extensive experience in related geographic or product markets. In this paper, we quantify the nature of prior plant and firm experience for entrants into a market and measure its effect on...

Persistent link: https://www.econbiz.de/10012468561

Foreign Owners and Plant Survival

Bernard, Andrew B. - 2003

In recent years, international capital flows of all types have increased dramatically and most governments have been actively encouraging inflows of direct investment. However, concerns remain that reliance on foreign multinationals may be a risky development strategy as foreign firms are likely...

Persistent link: https://www.econbiz.de/10012468657

Private Safety-Net Clinics : Effects of Financial Pressures and Community Characteristics on Closures

Li, Suhui - 2015

In order to better understand what threatens vulnerable populations' access to primary care, it is important to understand the factors associated with closing safety-net clinics. This paper examines how a clinic's financial position, productivity, and community characteristics are associated...

Persistent link: https://www.econbiz.de/10012457021

The Agglomeration of Bankruptcy

Benmelech, Efraim - 2014

. The bankruptcy and liquidation of a retail chain weakens the economies of agglomeration in any given local area, reducing …

Persistent link: https://www.econbiz.de/10012458412

Reconciling Hayek's and Keynes Views of Recessions

Beaudry, Paul - 2014

liquidation resulting from past over-investment. According to the main proponents of this view, government spending should not be … used to mitigate such a liquidation process, as doing so would simply result in a needed adjustment being postponed. In … countered by activist fiscal policy. In this paper we reexamine the liquidation perspective of recessions in a setup where …

Persistent link: https://www.econbiz.de/10012458563

Exiting from QE

Hayashi, Fumio - 2014

We develop a regime-switching SVAR (structural vector autoregression) in which the monetary policy regime, chosen by the central bank responding to economic conditions, is endogenous and observable. There are two regimes, one of which is QE (quantitative easing). The model can incorporate the...

Persistent link: https://www.econbiz.de/10012458728

Innovation and the Financial Guillotine

Nanda, Ramana - 2013

Our paper demonstrates that while failure tolerance by investors may encourage potential entrepreneurs to innovate, financiers with investment strategies that tolerate early failure endogenously choose to fund less radical innovations. Failure tolerance as an equilibrium price that increases in...

Persistent link: https://www.econbiz.de/10012459282