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integration. Using administrative data for Denmark (1993- 2012) and Portugal (1993-2011), we conduct a two-step analysis. In the … standard deviation of skills increase as a result of trade integration. For Portugal we find instead that the impact of trade …
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- the case of Portugal; 2) a positive but stable role of education in terms of inequality - Austria, Finland, France …
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and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal …
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We argue in favour of the shareholder model of the firm for three main reasons. First, serving multiple stakeholders leads to ill-defined property rights. What sounds like a fair compromise between stakeholders can easily evolve in a permanent struggle between the stakeholders about the ultimate...
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