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In der vorliegenden Studie erfolgt eine regionale Analyse der Wettbewerbsfähigkeit der Milch-produktion in Australien … viertgrößter Exporteur auf dem Weltmarkt gehört auch Australien zu diesen Regionen. Von 2000/01 bis 2009/10 ging die … common agricultural policy gets liberalised. As fourth biggest exporter of dairy products on the world market, also Australia …
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We analyze the short-run fertility and health effects resulting from the early announcement of the abolition of the Austrian baby bonus in January 1997. The abolition of the benefit was publicly announced about 10 months in advance, creating the opportunity for prospective parents to...
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We study the response of the German stock market index DAX to the announcement of macroeconomic business cycle forecasts. Retunrs are computed using high-frequency data observed for 15-second intervals. Publications of macroeconomic US indicators at 2:30 p.m. (CET) have temporary and opening of...
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We are considering for examination an Irreversible Investment under Uncertainty, subsidized by the government. If the government announces the termination of a form of subsidization, investors may decide to realize their investment in order to obtain the subsidy. These investors might have...
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If the government announces the termination of a subsidy paid for an irreversible investment under uncertainty, investors might decide to realize their investment so as to obtain the subsidy. These investors might have postponed an investment if future payment were assured. Depending on the...
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This paper investigates the relationship between CEO turnovers and shareholder wealth and/or the volatility of firm performance, and examines whether CEO power matters in this relationship. Successors tend to possess less power than predecessors. The announcement effects of CEO turnovers present...
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