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An Analysis of the Effects of the Severance Payment Reform on Credit to Italian SMEs
Calcagno, Riccardo; Kraeussl, Roman; Monticone, Chiara - Tinbergen Instituut - 2008
We study the effects of the reform of the system of severance payments (TFR) of Italian employees on the cost and the access to credit for small and medium-size enterprises (SMEs). The most direct consequence of the reform is to reduce in the long run the amount of liquid assets available to...
Persistent link: https://www.econbiz.de/10011255902
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An Analysis of the Effects of the Severance Payment Reform on Credit to Italian SMEs
Calcagno, Riccardo; Kraeussl, Roman; Monticone, Chiara - Tinbergen Institute - 2008
We study the effects of the reform of the system of severance payments (TFR) of Italian employees on the cost and the access to credit for small and medium-size enterprises (SMEs). The most direct consequence of the reform is to reduce in the long run the amount of liquid assets available to...
Persistent link: https://www.econbiz.de/10005450759
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Women's work in South Asia : a situational analysis and policy concerns
Mukhopadhyay, Swapna - International Labour Organization (ILO), United Nations - 1999
Persistent link: https://www.econbiz.de/10010965860
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Exclusión social en el mercado del trabajo el caso de Uruguay
Buxedas, Martín; Aguirre, Rosario; Espino, Alma - International Labour Organization (ILO), United Nations - 1999
Persistent link: https://www.econbiz.de/10010966292
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Home work in selected Latin American countries : a comparative overview
Tomei, Manuela - International Labour Organization (ILO), United Nations - 2000
Covers data from 1990 to 1997.
Persistent link: https://www.econbiz.de/10010966299
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Exclusión social en el mercado del trabajo el caso de Argentina
Neffa, Julio César; Battistini, Osvaldo; Panigo, Demian; … - International Labour Organization (ILO), United Nations - 1999
Persistent link: https://www.econbiz.de/10010966363
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Chomage: tendances, causes et possibilites d'action; observations faites en republique federale d'allemagne, en France et aux Pays-Bas.
W, Van Ginneken - International Labour Organization (ILO), United Nations - 1981
, considers effects of wages and social security benefits on labour mobility, analyses structural unemployment and frictional …ILO pub. Article on comparison of causes and economic policy implications concerning unemployment in Germany, Federal … unemployment, and finds that the majority of unemployment is due to insufficient demand and, therefore, macro- economic in nature …
Persistent link: https://www.econbiz.de/10010690085
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Are CEOs incentivized to avoid Corporate Taxes? - Empirical Evidence on Managerial Bonus Contracts
Schmittdiel, Heiner - Tinbergen Instituut - 2014
In this paper, we test empirically whether there is a relationship between corporate income taxes and CEO bonus payments. Using Compustat and ExecuComp data from 1992 to 2010, we find mixed results. Looking at the whole sample, the average bonus contract rewards tax savings excessively in...
Persistent link: https://www.econbiz.de/10011256064
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The Political Economy of Dominant Investors
Perotti, Enrico C.; Thadden, Ernst-Ludwig von - Tinbergen Instituut - 2004
We allow the preference of a political majority to determine boththe corporate governance structure and the division of profits betweenhuman and financial capital. In a democratic society where financialwealth is concentrated, a political majority may prefer to restraingovernance by dispersed...
Persistent link: https://www.econbiz.de/10011255534
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A Real Options Perspective on R&D Portfolio Diversification
Bekkum, Sjoerd van; Pennings, Enrico; Smit, Han - Tinbergen Institute - 2007
This paper shows that the presence of conditional staging in R&D (Research & Development) has a critical impact on portfolio risk, and changes diversification arguments when a portfolio is constructed. When R&D projects exhibit option-like characteristics, correlation between projects plays a...
Persistent link: https://www.econbiz.de/10005016277