The study estimates the employment effect of vocational training programs for the unemployed in urban Russia. The results of propensity score matching indicate that training programs had a non-negative overall effect on the program participants relative to non-participants. -- Unemployment ;...

In this paper we use Heckman selection models to analyze the relation between the likelihood of the firm becoming a takeover target, the takeover premium, and the use of dual class shares. Ordinary Least Squares regressions suggest that the use of dual class shares is associated with higher...