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Theory and empirical evidence

The Single Mindedness of Labor Unions: Theory and Empirical Evidence

The Single Mindedness of Labor Unions: Theory and Empirical Evidence

... Single-Mindedness theory, which considers the existence of a density function which endogenously depends on ...transfer. Empirical evidence from the WERS 2004 survey confirms main results of the ...

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Why Issue Mandatory Convertibles? Theory and Empirical Evidence.

Why Issue Mandatory Convertibles? Theory and Empirical Evidence.

... The increasing popularity of mandatory convertibles over the last decade as an instrument for raising capital by firms prompt us to raise several questions. When should a firm issue mandatory convertibles to raise ...

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Why Issue Mandatory Convertibles? Theory and Empirical Evidence

Why Issue Mandatory Convertibles? Theory and Empirical Evidence

... The increasing popularity of mandatory convertibles over the last decade as an instrument for raising cap- ital by firms prompts us to raise several questions. Under what circumstances should a firm issue mandatory ...

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Are Intra-Household Allocations Policy Neutral? Theory and Empirical Evidence

Are Intra-Household Allocations Policy Neutral? Theory and Empirical Evidence

... the theory section, we will not distinguish between marriage and ...the empirical work that follows, however, we shall distinguish these two types of partnership based on how the law treats the alimony ...

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Trade Liberalization and Inequality: Re-examining Theory and Empirical Evidence

Trade Liberalization and Inequality: Re-examining Theory and Empirical Evidence

... traditional theory of international ...existing theory and empirical evidence on the impact of trade liberalization on inequality as well as identify research gaps and find topics for future ...

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Formal and Informal Risk Sharing in LDCs: Theory and Empirical Evidence

Formal and Informal Risk Sharing in LDCs: Theory and Empirical Evidence

... an empirical model from these theoretical underpinnings is to test whether it leads to an empirically credible alternative to the perfect insurance and the limited commitment cases and to assess the degree of ...

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Return Migration: Theory and Empirical Evidence

Return Migration: Theory and Empirical Evidence

... In this paper we discuss forms of migration that are non-permanent. We focus on temporary migrations where the decision to return is taken by the immigrant. These migrations are likely to be frequent, and we provide some ...

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Channels of Firm Adjustment: Theory and Empirical Evidence

Channels of Firm Adjustment: Theory and Empirical Evidence

... of aggregate turnover expansions in sectors such as manufacturing, utilities and mining, but for less than 3% in agriculture. On the contraction side, these variations are even larger, ranging from around 4% in ...

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THE RELATIVE VALUATION OF CAPS AND SWAPTIONS: THEORY AND EMPIRICAL EVIDENCE

THE RELATIVE VALUATION OF CAPS AND SWAPTIONS: THEORY AND EMPIRICAL EVIDENCE

... Since the eigenvectors used in solving for the implied covariance matrix have the interpretation of term structure factors, the fitted eigenvalues can be viewed as the implied variances of the factors. To illustrate ...

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Classical competition and regulating capital: theory and empirical evidence

Classical competition and regulating capital: theory and empirical evidence

... The empirical analysis so far has been static, since we examined the extent to which profit margin on sales are positively correlated with the concentration ...

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Why Hedge? - A Critical Review of Theory and Empirical Evidence -

Why Hedge? - A Critical Review of Theory and Empirical Evidence -

... Although empirical studies on the hedging motives of firms are mushrooming, there is still scope for future research in this area: First, there is not ample empirical evidence on the question what ...

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Mandatory savings, information and welfare : theory and empirical evidence

Mandatory savings, information and welfare : theory and empirical evidence

... Table 1.13 provides even starker evidence. The table compares the return from following H&L strategy with those from buying and holding each of the five portfo- lios. The comparison considers an investor who ...

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Are all scales optimal in Dea? Theory and empirical evidence.

Are all scales optimal in Dea? Theory and empirical evidence.

... The empirical application illustrates some problems with these concepts in applied DEA analyses. The range of optimal scale levels may be extremely wide, as may be the range of factor ratios for the set of optimal ...

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Product differentiation and systematic risk: theory and empirical evidence

Product differentiation and systematic risk: theory and empirical evidence

... q- theory and its extensions, this literature has described firms mostly as mak- ing choices about investment in capital, intangible capital, installed labor, ...

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Liquidity Models in Open Economies: Theory and Empirical Evidence

Liquidity Models in Open Economies: Theory and Empirical Evidence

... wq E!CPGIJPnUJ (Jj3f Jp) OL cjocq CCOIJOUJ!C jOL ObCIJ CCOUOUJ!C E!CPGUPnW Ewb!ucI nqic o pc p bJ!c!ou o jdnqO cijcct WOQj2 wcjflqc cpuo. uJoqcJ.3[r] ...

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The signaling role of promotions: Further theory and empirical evidence

The signaling role of promotions: Further theory and empirical evidence

... education since those are the workers who receive the largest wage premia upon promotion. 29 There are a number of directions in which the analysis in this paper could be extended. From a theoretical perspective, we ...

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On the Dynamics of Physician Density; Theory and Empirical Evidence for Switzerland

On the Dynamics of Physician Density; Theory and Empirical Evidence for Switzerland

... find evidence for such an outcome for general practitioners during the late 1960s but not for ...is evidence for dominance of the competition effect, which leads to a more equal distribution in the long ...

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Competition and stability in the banking sector: theory and empirical evidence.

Competition and stability in the banking sector: theory and empirical evidence.

... strong evidence that the relation between market power and bank soundness is not linear: at low level of market power, an increase in market power is beneficial for the stability of the banking sector but once a ...

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Economic Sanctions: Embargo on Stage. Theory and Empirical Evidence

Economic Sanctions: Embargo on Stage. Theory and Empirical Evidence

... and al. (2004). Indeed, historically, the U.S. sanctions had significant, positive effects on Japanese and European Union trade with U.S. sanctioned countries. The realist perspective would explain this finding in ...

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Why Hedge? - A Critical Review of Theory and Empirical Evidence -

Why Hedge? - A Critical Review of Theory and Empirical Evidence -

... Tests on the impact of compensation on risk taking are ambiguous. They can be divided into studies on the impact of the manager’s wealth portfolios on the investment strategy and studies that directly refer to hedging. ...

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