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liability exacerbates the incentive problem even further. A Limited Seniority Rule, where the firm may issue senior debt up to …. Shareholder liability, mandatory liability insurance and punitive damages are also discussed"--National Bureau of Economic …
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"The economic approach to cities relies on a spatial equilibrium for workers, employers and builders. The worker's equilibrium implies that positive attributes in one location, like access to downtown or high wages, are offset by negative attributes, like high housing prices. The employer's...
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regulation we use, we always find a detrimental effect of regulation on entrepreneurship. While women are overall less likely to …"We use two micro data sets that collect harmonized data across countries to investigate the effects of regulation on … start new businesses, in more regulated countries women are pulled into entrepreneurship not to pursue a business …
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