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adjustment effort(investment), irrespective of whether there is an initial debt overhang or not. <p> …
Persistent link: https://www.econbiz.de/10005651784
This report provides an introduction to personnel training (on-the-job training) literature in the economics field. Theoretical models dealing with the initiation of training programmes and their effects on pay at the individual level are discussed, and empirical research on wage effects is...
Persistent link: https://www.econbiz.de/10005651880
of the shortfall in potable water and sewage service in the State. Recommendations are developed for improved investment …
Persistent link: https://www.econbiz.de/10005652968
. This Paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behaviour and job specific investment in organizations. …
Persistent link: https://www.econbiz.de/10005656133
dramatically affect the way in which an increase in workers' bargaining power affects (under)investment. Without loss of generality …
Persistent link: https://www.econbiz.de/10005656178
Public ownership is viewed as a restriction on the portfolio of equities held by investors. Three conditions are required to justify such restrictions. First, monitoring and coordination create concentration in supply or demand. Second, complete contracts must be infeasible or undesirable....
Persistent link: https://www.econbiz.de/10005656213
Despite the recent misfortunes of many dotcoms, e-commerce will have major and lasting effects on economic activity. But the rise and fall in the valuations of the first wave of e-commerce companies show that vague promises of distant profits are insufficient. Only business models based on sound...
Persistent link: https://www.econbiz.de/10005696691
In this paper, we ask if the convergence in policies leads to a convergence in growth dynamics for MENA countries. We first show that FDI promotion policies have been very similar in the South East Mediterranean countries during the last decade. Then, we try to find clubs of convergence in this...
Persistent link: https://www.econbiz.de/10005697639
investment strategy that buys (shorts) stocks with low (high) relative market valuation. The existence of the value premium …
Persistent link: https://www.econbiz.de/10005698741
Speech of Sri K. Rosaiah
Persistent link: https://www.econbiz.de/10005699109