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This paper studies the incidence, determinants and pricing of unprotected oral sex in the London sex services market. The analysis is based upon matched sex worker-client panel data, which were collected from "field reports" on PunterNet.com website over the 1999-2009 time period. We find a...
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This paper investigates the link between the optimal level of non-financial firms' leverage and macroeconomic uncertainty. We develop a structural model of a firm's value maximization problem that predicts that as macroeconomic uncertainty increases the firm will decrease its optimal level of...
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