Showing 1 - 10 of 347
bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By …
Persistent link: https://www.econbiz.de/10013453926
This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 … their superior scale efficiency. However, this superior efficiency did not necessarily result in superior profits. Our … banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency …
Persistent link: https://www.econbiz.de/10011514045
We exploit the outset of a regulation seeking to improve judicial efficiency through the rearrangement of courts … reform on both judicial efficiency and Non-Performing Loans ratio. Furthermore, we identify heterogeneous effects based on … the existing capacity of the courts to dispose of pending proceedings and geographical location. Digging deeper into this …
Persistent link: https://www.econbiz.de/10012485338
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10009786022
A long period of rig scarcity and high rates has led to innovation in the procurement of rig services and in relationships between oil companies and rig contractors. Discussions have been conducted on joint ventures between companies and contractors, for instance. This paper describes and...
Persistent link: https://www.econbiz.de/10010412369
This paper analyses the effect of a firm’s organizational capacity on the reported profitability of multinational … capacity, especially monitoring-related practices, enables firms to engage in shifting profits away from their high …
Persistent link: https://www.econbiz.de/10012619267
We study experimentally the impact of pre-play social interactions on negotiations. These interactions are often complex. Thus, we attempt to isolate the impact of several of its more common components: conversations, food, and beverages, which could be alcoholic or nonalcoholic. To do this, our...
Persistent link: https://www.econbiz.de/10011955642
electricity is low and net-availability and transport capacity high. Accounting for periods of gas specific pricing is relevant … prevalent in recent years, i.e., we find no evidence of underinvestment in capacity after deregulation. …
Persistent link: https://www.econbiz.de/10010212645
How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of...
Persistent link: https://www.econbiz.de/10012428917
This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model …, hours worked and output without reducing employment. In frictional labor markets, however, reallocation takes time whenever …
Persistent link: https://www.econbiz.de/10014267170