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This study investigates asymmetries in the capital structure speed of adjustment in the case of a capital-intensive industry. Employing a sample of globally listed maritime, manufacturing and services firms between 1995 and 2020, we estimate a regime-switching partial adjustment model, to test...
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Using rich administrative data from the Netherlands, we study the consequences of firm consolidation for workers. For …
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administrative data obtained from Statistics Netherlands. Excluding firms in the hospitality industry and other industries that …
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