Showing 1 - 10 of 26
profitability of the corporate sector and exporting firms. Exporting firms with fast-growing exports had larger profits and they …
Persistent link: https://www.econbiz.de/10005666895
continuities in household composition. In particular, households in the pre-industrial era were no more likely than present … resulted in a household composition which resembles that produced by early widowhood in the seventeenth century. Nor has the … to illustrate household types. The paper concludes by suggesting that a standard set of tables should be agreed upon and …
Persistent link: https://www.econbiz.de/10005497727
confidence. Long-term interest rates, as a measure of confidence in the sovereign, tend to fall around spending …, spending-based measures seem preferable. Slump periods are not necessarily bad moments for such measures, while strengthening …
Persistent link: https://www.econbiz.de/10011083434
, spending and taxes are higher inside currency unions. This effect is especially pronounced for dollarized countries that …
Persistent link: https://www.econbiz.de/10005791738
We develop a theoretical framework for comparing the style of work in public and private enterprises. We incorporate …
Persistent link: https://www.econbiz.de/10005791698
effects upon profitability. We test for weak instruments and check sub-sample robustness. Our findings seem to lend support to …
Persistent link: https://www.econbiz.de/10005498032
This Paper examines the effect of price competition on innovation, market structure and profitability in R … counts and profitability over 1952-77. The econometric results suggest that the introduction of restrictive practices …&D-intensive manufacturing industries, while it caused a significant rise in concentration in these industries. In the short run profitability …
Persistent link: https://www.econbiz.de/10005666839
This paper contains a brief survey of recent empirical work on the performance of large companies. It tries to pull together the literature in the form of six stylized facts, illustrating them with data drawn from a single sample. The paper concludes by highlighting the issues which are thrown...
Persistent link: https://www.econbiz.de/10005789166
We develop a simple approach to valuing stocks in the presence of learning about average profitability. The market …-to-book ratio (M/B) increases with uncertainty about average profitability, especially for firms that pay no dividends. M/B is … returns. Firm profitability has become more volatile recently, helping explain the puzzling increase in average idiosyncratic …
Persistent link: https://www.econbiz.de/10005791675
other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This … residential care homes, and a second on firms across all sectors). Interestingly, we find no evidence that the profitability …
Persistent link: https://www.econbiz.de/10005124436