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In this paper we discuss determinants of firm survival and growth in Germany within its pre-1989 boundaries. We develop our central hypotheses on the basis of a simple theoretical model describing the self-selection of heterogeneous entrepreneurs into particular legal forms, and the implications...
Persistent link: https://www.econbiz.de/10011622932
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Bessembinder, Maxwell, and Venkataraman’s (2006) information-based channel relating transparency and pricing. During the pre …
Persistent link: https://www.econbiz.de/10010373710
admissions procedure was even used (the "Transparency Problem"). In a general centralized admissions model that spans many … result, we show that the Transparency Problem can be solved by using cutoffs and predictable procedures together. We find …
Persistent link: https://www.econbiz.de/10014477372
mitigate restrictions on the fee dimension. While restrictions on fee structures do affect market transparency, it has no …
Persistent link: https://www.econbiz.de/10014478467