Moral hazard means that people with insurance may take greater risks because they know they do not bear the full consequences of their actions. This can occur with both private insurance and social insurance. Deductibles can be used to alleviate the problem. An interesting way to bring...

Moral hazard means that people with insurance may take greater risks because they know they do not bear the full consequences of their actions. This can occur with both private insurance and social insurance. Deductibles can be used to alleviate the problem. An interesting way to bring...

Tässä raportissa tarkastellaan pääkonttorien sijaintia, yritysten kansainvälistymistä sekä verotusta. Etenkin suomalaiset suuryritykset ovat kansainvälistyneet hyvin pitkälle. Tutkimuksen mukaan yritysten tekemiä ulkomaisia investointeja selittävät etenkin kohdemarkkinoiden koko, ja...

The study investigates empirically how ownership affects firms' domestic employment and its fluctuations. We look at six different ownership categories: first generation family businesses, second generation (or older) family businesses, state-owned companies, foreign-owned companies, publicly...