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We study the impact of PE firm and buyout characteristics on default probability employing a Cox proportional hazards model to a global sample of 5,093 buyouts between 1997 and 2012. Our results indicate that investments of generalists have lower default probability than those of specialists....
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students seem to prefer a takeover. This improved understanding could help in not only designing more targeted entrepreneurship …
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Recruitment behavior is important for the matching process in the labor market. Using unique linked survey …-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search … directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model …
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