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Diversification possibilities enable investors to manage portfolio risk and decrease exposure to it, in order to … classes set, it is assumed that diversification possibilities are reduced also. In this paper, we investigate the mean … data is used to identify possibilities of diversification among SCSs, all sample stocks, European and regional stock market …
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We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. Our theoretical model suggests that firms with high managerial efficiency open more stores per firm and have higher labor demand due to the reform. We find a sharp persistent increase in entry...
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