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The value of business networks in emerging economies : an analysis of firms' external financing opportunities
Owolabi, Oluwarotimi; Pal, Sarmistha - 2011
The paper argues that networked firms are likely to have an advantage in securing external finance in countries with weak legal and judicial institutions since it helps financial institutions to minimize the underlying agency costs of lending. An analysis of recent BEEPS data from fifteen...
Persistent link: https://www.econbiz.de/10009307402
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Incentive pay and performance : insider econometrics in a multi-unit firm
Bogaard, Hein; Švejnar, Jan - 2013
We exploit organizational reforms in a foreign-owned bank in Central-East Europe to study the implementation of modern HRM policies in an emerging market context. We have branch-level data and use our knowledge of the process that led to the adoption of the reforms to implement two estimators...
Persistent link: https://www.econbiz.de/10010224591
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Help in a foreign land : internationalized banks and firms' export
Brancati, Emanuele - 2022
The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper analyzes whether banks can support firms' export by reducing informational asymmetries about foreign markets. We exploit a large sample of Italian firms for which we merge custom...
Persistent link: https://www.econbiz.de/10013332105
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Short-run distributional effects of public education transfers to tertiary education students in seven European countries
Callan, Tim (contributor); Smeeding, Timothy M. (contributor) - 2008
provide comparable results for seven European countries (Belgium, Germany, Greece, Italy, Ireland, the Netherlands and the UK …
Persistent link: https://www.econbiz.de/10003726795
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The Italian job : match rigging, career concerns and media concentration in Serie A
Boeri, Tito (contributor); Severgnini, Battista (contributor) - 2008
This paper contributes to the literature on competition and corruption, by drawing on records from Calciopoli, a judicial inquiry carried out in 2006 on corruption in the Italian soccer league. Unlike previous studies, we can estimate the determinants of match rigging and use this information in...
Persistent link: https://www.econbiz.de/10003760304
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Outside income and moral hazard : the elusive quest for good politicians
Gagliarducci, Stefano (contributor);  … - 2008
In most modern democracies elected officials can work in the private sector while appointed in parliament. We show that when the political and market sectors are not mutually exclusive, a trade-off arises between the quality of elected officials and the effort they exert in political life. If...
Persistent link: https://www.econbiz.de/10003646732
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Where do the brainy Italians go?
Constant, Amelie (contributor); D'Agosto, Elena (contributor) - 2008
researchers who have at least a bachelor's from Italy and live abroad. There are three alternative country choices: the US …. Ceteris paribus, both push and pull factors are important. While having a Ph.D. from outside Italy predicts the UK choice …, having extra working experience from outside Italy predicts migration to other EU countries. Those who stay abroad …
Persistent link: https://www.econbiz.de/10003652707
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Electoral rules and politicians' behavior : a micro test
Gagliarducci, Stefano (contributor);  … - 2008
Theory predicts that the majoritarian electoral system should produce more targeted redistribution and lower politicians' rents than proportional representation. We test these predictions using micro data for the mixed-member Italian House of Representatives, which allow us to sidestep the...
Persistent link: https://www.econbiz.de/10003652713
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Centralized wage determination and regional unemployment differences : the case of Italy
Caponi, Vincenzo (contributor) - 2008
rate accompanied by low wages in the North even when compared to other western European countries. -- Italy ; European …
Persistent link: https://www.econbiz.de/10003737637
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Intergenerational persistence in educational attainment in Italy
Checchi, Daniele (contributor); Fiorio, Carlo V. (contributor) - 2008
levels over time in Italy. However, focusing on equality of circumstances, we show that there is still a persistent … father's education is also provided. -- Educational attainment ; Italy ; family background …
Persistent link: https://www.econbiz.de/10003744492