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Persistent link: https://www.econbiz.de/10012306518
The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East Asian countries during 1994-2002. Compared to firms in the least affected countries, average leverages were much higher among firms in the worst affected countries while the...
Persistent link: https://www.econbiz.de/10013325276
This paper analyses the hiring and separation rates in Tunisia before and after the Arab Spring of 2011. Several models are specified to study employment decisions based on quarterly administrative firm level data over the period of 2007 to 2012. The data provides information about important...
Persistent link: https://www.econbiz.de/10010472483
Can governmental policies mitigate the effects of recessions on unemployment? We study whether the Swiss short-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking several administrative data sources. We compare changes in...
Persistent link: https://www.econbiz.de/10012061314
Persistent link: https://www.econbiz.de/10011696119
Swedish firms show that firms borrowing from the program have higher rates of debt growth, investment spending, and employment … growth compared to otherwise similar firms whose labor taxes were sufficiently low they could not benefit from the program …
Persistent link: https://www.econbiz.de/10011300345
explore the relationship between asset growth, investment, and cash flow and find that firms use all available internal funds … to channel towards asset growth even during the financial crisis. We conclude that firms in Asia were resilient to the …
Persistent link: https://www.econbiz.de/10013096184
that the relationship between state ownership and lending is nonlinear. While overall loan growth decreased and interest …
Persistent link: https://www.econbiz.de/10012937756
Some jurisdictions weathered the global financial crisis far better than others. Australia has attracted much attention in view of the fact that its economy performed particularly well during the crisis compared to the United Kingdom and the United States.The chapter explores why the Australia...
Persistent link: https://www.econbiz.de/10012857261
In this study, using the World Bank's Bank Regulation and Supervision Survey (BRSS) data, we draw insights about the bank regulatory/supervisory styles, illustrate the differences in regulation/supervision among crisis, non-crisis and BRICS countries, and highlight the ways in which bank...
Persistent link: https://www.econbiz.de/10013048004