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Interlocking Boards and Firm Performance: Evidence from a New Panel Database

Non, Mariëlle C.; Franses, Philip Hans - Tinbergen Institute - 2007

An interlock between two firms occurs if the firms share one or more directors in their boards of directors. We explore the effect of interlocks on firm performance for 101 large Dutch firms using a large and new panel database. We use five different performance measures, and for each...

Persistent link: https://www.econbiz.de/10005144409

Unemployment, Growth and the Organisation of Work

Groot, Henri L.F. de; Schaik, Anton B.T.M. van - Tinbergen Institute - 2002

-competitive wage differential between sectors and a monitoring intensity that is a source of fixed costs for the firm. Growth is driven … by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …

Persistent link: https://www.econbiz.de/10005504903

Welfare Effects of Distortionary Company Car Taxation

Gutiérrez-i-Puigarnau, Eva; Ommeren, Jos van - Tinbergen Institute - 2007

In Europe, company cars are offered by employers as fringe benefits to their employees at a lower price than employees pay in the car market, mainly due to favourable taxation of company cars. We analyse the welfare effects of favourable taxation of company cars for the Netherlands. The...

Persistent link: https://www.econbiz.de/10005209450

Indirect Welfare Effects of Price Changes and Cost-Benefit Analysis

Rouwendal, Jan - Tinbergen Institute - 2002

The effects of a policy measure often reach the consumer only after one or more intermediate steps, for instance because the measure lowers the cost of an input for an industry producing a consumer good. This paper is concerned with the question how to measure such indirect effects correctly...

Persistent link: https://www.econbiz.de/10005209453

The Shadow Price of Aircraft Noise Nuisance

Praag, B.M.S. van; Baarsma, B.E. - Tinbergen Institute - 2001

This paper has a twofold objective. First, we develop a new method to assess the monetary value for individuals of external effects. The method makes use of an ordinal index of life satisfaction as scored by individual respondents who are subjected in varying intensity to the external effect....

Persistent link: https://www.econbiz.de/10005144424

Regional Efficiency Improvement by Means of Data Envelopment Analysis through Euclidean Distance Minimization including Fixed Input Factors – An Application to Tourist Regions in I...

Suzuki, Soushi; Nijkamp, Peter; Rietveld, Piet - Tinbergen Institute - 2011

Standard Data Envelopment Analysis (DEA) is characterized by uniform proportional input reduction or output augmentation in calculating improvement projections. This paper develops a new Euclidean Distance Minimization model in the context of DEA in order to derive a more appropriate...

Persistent link: https://www.econbiz.de/10009201129

The Costs and Benefits of Providing Open Space in Cities

Rouwendal, Jan; Straaten, J. Willemijn van der - Tinbergen Institute - 2008

Although many researchers have investigated the value of open space in cities, few of them have compared them to the costs of providing this amenity. In this paper, we use the monocentric model of a city to derive a simple cost-benefit rule for the optimal provision of open space. The rule is...

Persistent link: https://www.econbiz.de/10005136923

The Information Content of a Stated Choice Experiment

Rouwendal, Jan; Blaeij, Arianne de; Rietveld, Piet; … - Tinbergen Institute - 2008

This paper presents a method to assess the distribution of values of time, and values of statistical life, over participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of distribution, as is required for example for mixed logit...

Persistent link: https://www.econbiz.de/10005136932

Transport Investment Appraisal and the Environment

Nijkamp, Peter; Ubbels, Barry; Verhoef, Erik - Tinbergen Institute - 2002

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

Persistent link: https://www.econbiz.de/10005136979

Complete and Incomplete Markets with Short-Sale Constraints

Giménez, Eduardo L. - Tinbergen Institute - 2001

This paper argues that the introduction of a short-sale constraint in the Arrow-Radner framework invalidates standard definitions of complete and incomplete markets. In this constrained set-up, two threshold values with familiar properties arise.<BR> The case of a zero short-sale bound set on some...

Persistent link: https://www.econbiz.de/10005137116