Jochmann-Döll für die Polizei in Deutschland. Neben Problemen, die für Teilzeit von Führungskräften gesehen werden, deckt …

This paper exploits dictated delays in local police hiring by a centralized national authority to break the … simultaneity between police and crime. In Italy police officers can only be hired through lengthy national public contests which … requested police officers are recruited and become operational. We show that this endogeneity vanishes once, controlling for …

monitoring incentives of shareholders, and reduced the discretionary power of executives in Germany. Pay-performance sensitivity …

coal mining corporations. We focus on coal mining in the Ruhr district, Germany’s main mining area. We use stochastic … ; Germany pre-1913 ; Cartel ; Productive efficiency ; Corporate Governance …

expulsions of senior Jewish managers, due to rising discrimination in Nazi Germany, affected large corporations. Firms that lost …Large-scale increases in discrimination can lead to dismissals of highly qualified managers. We investigate how … Jewish managers experienced persistent reductions in stock prices, dividends, and returns on assets. Aggregate market value …

expulsions of senior Jewish managers, due to rising discrimination in Nazi Germany, affected large corporations. Firms that lost …Large-scale increases in discrimination can lead to dismissals of highly qualified managers. We investigate how … Jewish managers experienced persistent reductions in stock prices, dividends, and returns on assets. Aggregate market value …