This paper analyses the TFP heterogeneity of a sample of manufacturing firms operating in seven EU countries (Austria, France, Germany, Hungary, Italy, Spain and UK). TFP data refer to 2008. The empirical setting is based on the multilevel modelling which provides two main results. Firstly, we...

This paper analyses the TFP heterogeneity of a sample of manufacturing firms operating in seven EU countries (Austria, France, Germany, Hungary, Italy, Spain and UK). TFP data refer to 2008. The empirical setting is based on the multilevel modelling which provides two main results. Firstly, we...

A theoretical tradition argues that more risk tolerant individuals are more likely to become entrepreneurs but perform worse. We test and confirm these predictions with several risk tolerance proxies. Using investment data for 400,000 individuals, we find that common stock investors are around...

This paper analyses the TFP heterogeneity of a sample of manufacturing firms operating in seven EU countries (Austria, France, Germany, Hungary, Italy, Spain and UK). TFP data refer to 2008. The empirical setting is based on the multilevel modelling which provides two main results. Firstly, we...

A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but perform worse. We test these predictions with two risk tolerance proxies: stock market participation and personal leverage. Using investment data for 400,000 individuals, we...

Zusammenfassung Die vorliegende Untersuchung analysiert die Auswirkungen der Flüchtlingssituation auf den Tourismus in Niedersachsen. Mit der Betrachtung der möglichen Konsequenzen des Flüchtlingszustroms auf den Tourismus wird eine bisher in der Wissenschaft kaum erforschte Komponente des...

Many countries around the world are presently reporting a shortage of doctors. To understand the situation better, this paper reviews the current English language literature on the supply of doctors in developed and developing countries with a special interest in Australia. The definition of...

A growing and global 'talent crunch' currently exists and is expected to grow 'more acute and more widespread' over the next ten years, affecting global development throughout the world. This 'talent shortage' has already affected the accounting profession as it is listed among the top ten jobs...

A growing and global 'talent crunch' currently exists and is expected to grow 'more acute and more widespread' over the next ten years, affecting global development throughout the world. This 'talent shortage' has already affected the accounting profession as it is listed among the top ten jobs...

Instrumental variable (IV) methods are commonly used in accounting research (e.g., earnings management, corporate governance, executive compensation, and disclosure research) when the regressor variables are endogenous. While IV estimation is the standard textbook solution to mitigating...