This article contends that a firm's performance is affected by various factors and capital structure is one of the …

leverage. The adjustment is generally achieved by reducing investment and increasing savings on the back of a falling wage …

This paper examines the joint determination of long-run income per worker and capital utilization. Comparatively low … (optimal) rates of capital utilization may arise in poor economies in response to weak underlying structural characteristics …. The quantitative implications of variable capital utilization are also explored. It is demonstrated that adding endogenous …

. Es erweist sich, dass die Divergenz in den Wachstumsraten der USA und der EU seit 1997 fast zur Gänze auf …

ranging from real accidents, absences and retirement to experienced pleasure at work. Occupational group included two …

a response to altered pension incentives and earnings opportunities. Using data from the Health and Retirement Study, we … examine retirement behavior after job loss, controlling for these changed retirement incentives, along with any additional … effects of displacement not captured by retirement incentives. We find that the observed increased rates of retirement among …

The American savings rate, always low by international standards, has fallen sharply in recent decades. In this essay …, I argue that a large part of the savings shortfall results from pressures to keep pace with community spending standards …

series, on the one hand different degrees of capital mobility for the individual countries are admitted, and on the other … secondly, that also in this case a high degree of capital mobility is present, that frequently increases in the course of time.  …