Showing 1 - 10 of 8,400
Comparing earnings equations in the Panel Study of Income Dynamics (PSID) and the Current Population Survey, we find that the PSID considerably underestimates the returns to education during the 1992–2007 period. Non-random selection in the PSID sample appears to be the reason.
Persistent link: https://www.econbiz.de/10010743669
ISO 14001 is an international standard for Environmental Management Systems, adopted by over 36,000 organizations worldwide. This paper attempts to determine the length of time after which a given company has implemented ISO 14001 experiences emission reduction. The sample used is a group of 264...
Persistent link: https://www.econbiz.de/10005495322
(article en français) Numerous works in industrial organization and ecology of organizations have raised recently the question of the link between age and mortality of an organization. The paper tests four theoretical propositions about this link. We compare the survival of the French...
Persistent link: https://www.econbiz.de/10011098765
We investigate the duration of bad loans for a unique data set of sole proprietorships in Italy, finding that bad loans for female firms last longer. However, this result is mainly due to the fact that loans granted to female firms are less frequently written off than those to male ones,...
Persistent link: https://www.econbiz.de/10011100336
We propose new specifications that explicitly account for information noise in the input data of bankruptcy hazard … models. The specifications are motivated by a theory of modeling credit risk with incomplete information (Duffie and Lando … in cases where information quality is a more serious problem. Our findings provide strong empirical support for using our …
Persistent link: https://www.econbiz.de/10011108267
The ability of publicly available tax information to determine the survival of nonprofit organizations is analyzed …. Survival analysis estimates the predictive power and hazard ratios of several financial variables. The tax information comes …
Persistent link: https://www.econbiz.de/10011109104
Business incubators are mechanisms which aim to formation and development of new ventures and to survive of these ventures through various supportive services. The aim of this study is to examine the effects of business incubator programs and its services on tenant firm performance in the...
Persistent link: https://www.econbiz.de/10011258566
This paper focuses on developing countries that export for the first time to the OECD and obtains several important results on export dynamic, linking exports experience and exports survival. Using product level data at the SITC 5 digit level for 114 developing countries on the 1962-2009 period,...
Persistent link: https://www.econbiz.de/10011084564
In this paper we analyze the survival probability of firms in Tuscany (Italy) in the first decade of the $21^{st}$ century. Using the Official Register of Firms, held by Unioncamere Toscany, we build a panel for the period 1998-2010. Taking into account both individual and context variables, we...
Persistent link: https://www.econbiz.de/10011124136
Instances of acute and sustained inflation pose a challenge in transition and developing economies, in particular as they tend to render economic development strategies vulnerable. Thus, a thorough understanding of inflationary episodes is critical. Using parametric hazard models, this examines...
Persistent link: https://www.econbiz.de/10011213216