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The aim of the study is to examine the impact of financial constraints and financial distress on cash holdings, both in normal and crisis times. We collected the 4,406 firm-year observations of companies listed on the Warsaw Stock Exchange (WSE). Our research shows that companies maintain higher...
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wage inequality is likely to deteriorate as a result of the supply shocks from confinement policies. However, the overall …
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. Inaddition, and following previous models, the effect of the COVID-19shock is considered, by reflecting asymmetric repercussions … that in-crease income inequality. A simple empirical exercise confirms someof the previous results. The proposed … explanation is that, for the euroarea, this shock has affected more middle-income households suchas the retailers harmed by the …
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