Showing 1 - 10 of 1,051
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the … characteristics of the founders for explaining young firms' leverage, whereas firm characteristics and human capital of both founders … detected by merely estimating single-equation models for R&D intensity and debt financing. …
Persistent link: https://www.econbiz.de/10010286852
Using a rich sample of admission records from New Orleans Touro Infirmary, we examine the in-hospital mortality risk of … likely to die in the hospital than the whites. We analyze the determinants of in-hospital mortality at Touro using Oaxaca … based on the selective hospital admission of slaves. …
Persistent link: https://www.econbiz.de/10010277319
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
-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm …/methodological viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove … search-matching economies. Second, our results show that even though the traditional results of bargaining theory apply in …
Persistent link: https://www.econbiz.de/10010274621
-valuation parent would be endowed with greater bargaining power. The implications of these results are then interpreted in the context …
Persistent link: https://www.econbiz.de/10010261582
The paper examines the relationship between leverage and growth in a group of emerging central and eastern European … moderate leverage could boost growth while very high leverage could lower it by increasing the likelihood of financial distress … various firm, industry and financial market characteristics. We also endogenously determine a threshold level of leverage …
Persistent link: https://www.econbiz.de/10010269864
In this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on working hours. When effortbased career opportunities...
Persistent link: https://www.econbiz.de/10010262198
We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … enters bargaining directly. Our results lend support to the tendency towards decentralisation of pay bargaining in the public …
Persistent link: https://www.econbiz.de/10010262598
This paper deals with the effects that intermediation has on strategic behaviour in negotiations. To this end, we use … thereby condition the outcome of negotiations. We concentrate on some very recent contributions which have addressed gaps in …
Persistent link: https://www.econbiz.de/10010262705
In this paper we derive an explicit model of negotiations between spouses when utility is (partially) transferable only …
Persistent link: https://www.econbiz.de/10010262808