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This paper considers the empirical stylized facts about CEO turnover in the context of a competitive assignment model in which CEOs and firms form matches based on multiple characteristics. CEOs are viewed as hedonic goods with multidimensional skill bundles. Likewise, firms' production...
Persistent link: https://www.econbiz.de/10011080657
Our analysis so far has shown some interesting results. In particular, we find that the supply of unsecured credit to the households who filed for bankruptcy more than two years before is lower than that to the households with similar credit scores but no bankruptcy records on their credit...
Persistent link: https://www.econbiz.de/10011080724