Showing 1 - 10 of 103
This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …
Persistent link: https://www.econbiz.de/10010397677
We use the Longitudinal Business Database to examine the impact of state-level paid parental leave laws in California, New Jersey, and Rhode Island on firms. Our main estimation strategy uses multi-unit firms and compares within-firm changes in outcomes for establishments in treated and...
Persistent link: https://www.econbiz.de/10014581765
Do potential entrepreneurs face liquidity constraints? Or to put it differently, does a person have to be wealthy to start a new business? This question has been discussed in a large literature that has documented a positive relationship between initial wealth and entrepreneurship. However, in a...
Persistent link: https://www.econbiz.de/10010321582
to historical records. The paper discusses the exit options from unconventional monetary policies and unsustainable … government debt. First, the paper sheds light on the probability of a coordinated monetary policy exit between the US and the … task - the coordination of the non-exit is more likely than the coordination of the exit. …
Persistent link: https://www.econbiz.de/10010304734
Das Papier untersucht auf der Grundlage der monetären Überinvestitionstheorien von Wicksell (1898), Mises (1912) and Hayek (1929, 1935) das Scheitern von geld- und finanzpolitischen Regeln zur Kontrolle von übermäßigem Geldmengenwachstum und ausufernder Staatsverschuldung. Es zeigt...
Persistent link: https://www.econbiz.de/10010305985
This paper examines the role of geography and culture in explaining bankruptcy. We adopt survival analyses to model the bankruptcy risk of a firm, allowing for time-varying covariates. Based on a large sample from all major sectors of the Swiss economy, we find the following results: (i) The...
Persistent link: https://www.econbiz.de/10010315498
exit. We adopt a natural experiment approach towards analyzing the impact of a tightening of Swiss antitrust legislation on … exit probabilities. Based on a sample of more than 68,000 firms from all major sectors of the Swiss economy, we find that … the exit probability of nonexporting firms increased significantly, whereas the exit probability of exporting firms …
Persistent link: https://www.econbiz.de/10010315540
and the Dun & Bradstreet exit database for Switzerland (1995-2000). Employing duration analysis, we find considerable …
Persistent link: https://www.econbiz.de/10010315602
original beverage. Using the Hirschman's (1970) model of Exit, Voice, and Loyalty, we argue that the public outcry that …
Persistent link: https://www.econbiz.de/10012802799
investigate i) whether temporary workers show more effort and ii) whether effort has a positive effect on the exit probability … lower levels of overtime work. Effort has little effect on the exit probability into permanent employment. However, using a …
Persistent link: https://www.econbiz.de/10013208475