Showing 31 - 40 of 16,143
Persistent link: https://www.econbiz.de/10005929392
In April 2013, all of the major academic publishing houses moved thousands of journal titles to an original hybrid model, under which authors of accepted papers can choose between an expensive open access track and the traditional track available only to subscribers. This paper argues that...
Persistent link: https://www.econbiz.de/10010832992
This paper argues that in Euro-area economies, where the ECB cannot bail-out …nancially distressed governments, the …scal multiplier is adversely a¤ected by the amount of public debt. A regression model on a panel of 26 EU countries over the period 1996-2011 shows that a 10 percentage point...
Persistent link: https://www.econbiz.de/10010833001
In this paper, we argue that firms' firing strategies and the judicial strategy of dismissed employees depend to a large extent on labor judges' ability to shed light on the various cases. The model is cast as a sequential game with imperfect information featuring firms, employees and labor...
Persistent link: https://www.econbiz.de/10005006107
If a dollar denominated external debt comes with so many risks, why do emerging economies allow for such an imbalance to accumulate ? The explanation provided in this paper builds on a simple signaling model. By assumption, lenders have no direct possibility to infer a firm’s financial stance....
Persistent link: https://www.econbiz.de/10005106608
Persistent link: https://www.econbiz.de/10005107565
Pour de nombreux pays d’Europe centrale et orientale la monnaie europeenne n’est pas seulement une nouvelle devise de reference. A plus ou moins longue echeance, elle represente leur future monnaie. Les pays les plus avances sur la voie des reformes – l’Estonie, la Hongrie, la Pologne,...
Persistent link: https://www.econbiz.de/10005062788
Criticism is mounting on business schools for their excessive focus on research and the relative neglect of teaching quality. This paper shows that if students have imperfect information about teaching quality and if business schools differ in their research productivity, the least productive...
Persistent link: https://www.econbiz.de/10005067130
This paper analyzes the decision of a migrant to return or stay within the framework of a signaling model with exogenous migratory costs. If employers have only imperfect information about the type of a worker and good workers migrate, bad workers might copy their strategy in order to get the...
Persistent link: https://www.econbiz.de/10005021615
Criticism is mounting on business schools for their excessive focus on research and for neglecting teaching. We show that if students have imperfect information about a school’s overall capabilities and if business schools differ in their research productivity, the least productive schools may...
Persistent link: https://www.econbiz.de/10005021623