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Family Ownership, Workplace Closure and the Recession
Bryson, Alex; Dale-Olsen, Harald; Gulbrandsen, Trygve - 2016
Using nationally representative Norwegian data we show family-owned workplaces are less likely to close than observationally similar non-family-owned workplaces. But this changed during the Crisis when the family businesses' closure hazard soared. This hike in 2009 was not related to performance...
Persistent link: https://www.econbiz.de/10011479395
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Impact of Financial Crises on Dynamics of Capital Structure: Evidence from Korean Listed Companies
Tsoy, Lyubov; Heshmati, Almas - 2017
. The average debt ratio fell significantly, the distance between optimal and observed debt ratios shrank, while the speed … effect on companies' debt ratio and the speed of their adjustment toward optimal leverage. The empirical analysis revealed … that Korean non-financial listed companies on average decreased their debt ratios over the entire study period, with …
Persistent link: https://www.econbiz.de/10011653282
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The interdependence of R&D activity and debt financing of young firms
Fryges, Helmut; Kohn, Karsten; Ullrich, Katrin - 2011
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the … detected by merely estimating single-equation models for R&D intensity and debt financing. …
Persistent link: https://www.econbiz.de/10010286852
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The Interdependence of R&D Activity and Debt Financing of Young Firms
Fryges, Helmut; Kohn, Karsten; Ullrich, Katrin - Institute for the Study of Labor (IZA) - 2011
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the … detected by merely estimating single-equation models for R&D intensity and debt financing. …
Persistent link: https://www.econbiz.de/10009403382
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UK households' carbon footprint: A comparison of the association between household characteristics and emissions from home energy, transport and other goods and services
Buchs, Milena; Schnepf, Sylke V. - 2013
Does the association between household characteristics and household CO2 emissions differ for different areas such as home energy, transport, indirect and total emissions in the UK? Specific types of households might be more likely to have high emissions in some areas than in others and thus be...
Persistent link: https://www.econbiz.de/10010293156
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The Optimal Timing of Unemployment Benefits: Theory and Evidence from Sweden
Kolsrud, Jonas; Landais, Camille; Nilsson, Peter; … - 2015
This paper provides a simple, yet general framework to analyze the optimal time profile of benefits during the unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of unemployment benefits paid at different times during the...
Persistent link: https://www.econbiz.de/10011307393
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One-Child Policy, Marriage Distortion, and Welfare Loss
Huang, Wei; Zhou, Yi - 2015
Using plausibly exogenous variations in the ethnicity-specific assigned birth quotas and different fertility penalties across Chinese provinces over time, we provide new evidence for the transferable utility model by showing how China's One-Child Policy induced a significantly higher unmarried...
Persistent link: https://www.econbiz.de/10011401801
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Efficient redistribution: comparing basic income with unemployment benefits
FitzRoy, Felix; Jin, Jim - 2010
We compare two systems of income redistribution: unemployment benefits (UB) and basic income (BI). First, for a simple utility function, with both intensive and extensive margins, the unemployed are likely better off with pure BI than pure UB, regardless of labour supply elasticity and wage...
Persistent link: https://www.econbiz.de/10010333015
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Taxation and Labor Supply of Married Couples across Countries: A Macroeconomic Analysis
Bick, Alexander; Fuchs-Schündeln, Nicola - 2017
We document contemporaneous differences in the aggregate labor supply of married couples across 17 European countries and the US. Based on a model of joint household decision making, we quantify the contribution of international differences in non-linear labor income taxes and consumption taxes...
Persistent link: https://www.econbiz.de/10011653232
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Welfare: Savings not Taxation
Douglas, Roger; MacCulloch, Robert - 2017
Many nations are seeking to reform their welfare states so that costs to the government can be reduced and the quality of outcomes improved. As a potential way to achieve these aims, there has been a surge of interest in the Singaporean model which features compulsory savings accounts and...
Persistent link: https://www.econbiz.de/10011653360