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This thesis investigates the determinants of the use of debt and leasing in the UK using a comprehensive measure of debt and leases, in recognition of the link between lease and debt-type financing decisions, based on financial contracting theory and the tax advantage hypothesis. The design of...
Persistent link: https://www.econbiz.de/10009465980
Persistent link: https://www.econbiz.de/10010516096
of the single-equation formulations. We provide extensions to existing results on the properties of GMM estimators and … parameters are weakly identified and the GMM estimators are inconsistent and biased in the direction of OLS.We also ¯nd the OLS …
Persistent link: https://www.econbiz.de/10009441413
costs incurred when they work back gradually to the optimal level. Arellano-Bond (1991) GMM estimator is applied to obtain …
Persistent link: https://www.econbiz.de/10009461243
In sub-Saharan Africa, public resource allocation in social service sectors can be particular important in that low levels of development can make private services inaccessible for much of the population. In addition, short-term social services needs often compete with longer-term growth...
Persistent link: https://www.econbiz.de/10010236336
This dissertation builds on the economic research about M&A and the effects on the merging plants' performance. In particular, the objective of this thesis is to shed some light on questions about causal effects of M&A on plants' performance, taking firm heterogeneity into account. Since there...
Persistent link: https://www.econbiz.de/10009724846
This study was prepared by Beate Schirwitz while she was working at the Ifo Institute’s Dresden Branch. It was completed in February 2012 and accepted as a doctoral thesis by the Faculty of Law, Management, and Economics at the Johannes Gutenberg University Mainz in July 2012. It focuses on a...
Persistent link: https://www.econbiz.de/10011697527
iv, 27 leaves. Advisor: Phillip K. Duncan
Persistent link: https://www.econbiz.de/10009467691
Height has been used in a growing literature as a measure of net nutrition throughout the first 20 years of life. This paper builds on that literature by considering the influence that net nutrition has on a population’s labor productivity. Using data from Danish and Italian conscription...
Persistent link: https://www.econbiz.de/10009475139