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Competition and gender prejudice : are discriminatory employers doomed to fail?

Weber, Andrea Maria; Zulehner, Christine - 2009

According to Becker's (1957) famous theory on discrimination, entrepreneurs with a strong prejudice against female workers forgo profits by submitting to their tastes. In a competitive market their firms lack efficiency and are therefore forced to leave. We present new empirical evidence for...

Persistent link: https://www.econbiz.de/10010277092

PRC Industrial Policies Postdate Rather than Lead Economic Activity

Holz, Carsten A. - 2020

taken place since the early 2000s are driven more by profitability considerations and private entrepreneurship than by …

Persistent link: https://www.econbiz.de/10012841149

On the Profitability of Cross-Ownership in Cournot Oligopolies : Stock Sizes Matter

Benchekroun, Hassan - 2020

We examine the profitability of cross-ownership in an oligopolistic industry where firms compete as Cournot rivals. We … over to the case of non-renewable resource industries. The profitability of a symmetric cross-ownership can be positive …

Persistent link: https://www.econbiz.de/10012824811

The Good, the Bad, and the Ugly : Impact of Negative Interest Rates and QE on the Profitability and Risk-Taking of 1600 German Banks

Florian, Urbschat - 2019

about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making …

Persistent link: https://www.econbiz.de/10012892229

Profit Effects of Consumers’ Identity Management : A Dynamic Model

Laussel, Didier; Van Long, Ngo; Resende, Joana - 2021

We consider a non-durable good monopoly that collects data on its customers in order to profile them and subsequently practice price discrimination on returning customers. The monopolist’s price discrimination scheme is leaky, in the sense that an endogenous fraction of consumers choose to...

Persistent link: https://www.econbiz.de/10013213778

Optimal Firms's Dividend and Capital Structure for Mean Reverting Profitability

Menoncin, Francesco; Panteghini, Paolo M.; Regis, Luca - 2021

optimal dynamic control problem is characterized by two stochastic state variables: the equity value, and profitability (ROA …) of the _rm. According to the empirical evidence, we let profitability follow a mean reverting process. The problem is …

Persistent link: https://www.econbiz.de/10013314671

Profit Shifting in the EU : Evidence from Germany

Weichenrieder, Alfons J. - 2021

correlation between the home country tax rate of a parent and the net of tax profitability of its German affiliate that is … increase in the profitability of the German affiliate. On the outbound side of German FDI, the data provides some evidence that … tax rate changes in the host country lead to a stronger change in after-tax profitability for affiliates that are wholly …

Persistent link: https://www.econbiz.de/10013316976

Profit Taxation and Bank Risk Taking

Kogler, Michael - 2021

How can tax policy improve financial stability? Recent studies suggest large stability gains from eliminating the debt bias in corporate taxation. It is well known that this reform reduces bank leverage. This paper analyzes a novel, complementary channel: risk taking. We model banks’ portfolio...

Persistent link: https://www.econbiz.de/10013250732

The consumption-based determinants of the term structure of discount rates

Gollier, Christian - 2005

The efficient rate of return of a zero-coupon bond with maturity t is determined by our expectations about the mean (+), variance (-) and skewness (+) of the growth of aggregate consumption between 0 and t. The shape of the yield curve is thus determined by how these moments vary with t. We...

Persistent link: https://www.econbiz.de/10010261120

The life satisfaction approach to environmental valuation

Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - 2009

In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...

Persistent link: https://www.econbiz.de/10010273798