Showing 1 - 10 of 52
The international transactions accounts provide information on trade in goods and services (including the balance of … measure the value of U.S. international assets and liabilities and direct investment by multinational companies. BEA’s data on …
Persistent link: https://www.econbiz.de/10005857510
This paper provides a simple theory of geographical mobility which simultaneously explainspeople’s choice of residences in space and the location of industry. Residences are chosenon the basis of the utility which mobile households obtain across locations...
Persistent link: https://www.econbiz.de/10005862705
We present a model for the equilibrium movement of capital between markets.Two markets with symmetrically distributed risks are distinguished only by the levelsof capital invested in the two markets. That market with the greater amount of capitalearns lower conditional mean returns....
Persistent link: https://www.econbiz.de/10005868974
Das Volkseinkommensoll endlich wieder wachsen.Aber wer ist das Volk? Nurwenn die Löhne denAufschwung mittragen,bleibt er stabil, und wirddie seit zehn Jahren laufendeUmverteilung zulasten derLohneinkommen beendet.Eine ertragsabhängige,betriebsspezifi scheLohnpolitik bremst...
Persistent link: https://www.econbiz.de/10005856846
We study a model where two parties, one from the left and one from the right, compete forposition. The election is to be held in the near future and the outcome is uncertain. Prior to theelection, the members of both parties nominate their prime ministerial candidates. Investorscare about the...
Persistent link: https://www.econbiz.de/10005859006
as the German Takeover Act by using derivative instruments in thecontext of the attack of Schaeffler KG on Continental AG …
Persistent link: https://www.econbiz.de/10005865611
Sanford J. Grossman und Oliver D. Hart haben 1980 in einem grundlegenden Aufsatz darglegt, daß Übernahmen von in Streubesitz befindlichen Unternehmen am sog. Trittbrettfahrerproblem scheitern können. Unter dem Trittbrettfahrerverhalten der Aktionäre wird ihre Weigerung verstanden, ihre...
Persistent link: https://www.econbiz.de/10005840137
takeover imposed by the market for corporate control. We complement other empirical studies on managerial compensation and … consists of 51 firms in the U.S. oil industry from 1977 to 1994. Third, we employ ex ante measures of the threat of takeover at … the individual firm level which are superior to ex post measures like actual takeover occurrence or past incidence of …
Persistent link: https://www.econbiz.de/10005840368
This paper investigates the optimal bidding strategy for the initial bidder in takeover contests. In the theoretical …
Persistent link: https://www.econbiz.de/10005843528
Die vorliegende Arbeit untersucht die dogmatischen Grundlagen sowie Rechtslage und Zulässigkeit eines mit Bedingungen versehenen Übernahmeangebotes unter schweizerischem Recht mit rechtsvergleichenden Hinweisen.
Persistent link: https://www.econbiz.de/10005844411