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Purpose The last decades have witnessed an increased interest in urban logistics originating from both the research and the practitioners’ communities. Sustainable freight transports today are on the political, social and technological agenda of many actors operating in urban contexts. Due to...
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How do powerful unions affect firms' debt maturity structure? I find that firms increase the fraction of long term debt as a response to unionization while keeping their leverage ratio unchanged. Using a regression discontinuity design I estimate that unionized firms increase by 25% the fraction...
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Firms' financial obligations affect labor negotiation dynamics, pressuring firms and workers to reach an agreement and avoid costly walkouts. Using data on negotiation events, union elections, and policy changes, we find that firms' debt maturity: (i) increases when approaching negotiations and...
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In this paper, we address the capacitated product portfolio mix-and-allocation problem (CPPMA), which arises where a decision maker has to determine simultaneously (a) the optimal product mix; (b) its allocation to different production facilities; and (c) the capacities of the facilities given...
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We study the effect interest rates have on the funding pressure and risk-taking behavior of defined-benefit US corporate pension plans. In the low-interest-rate environment following the financial crisis, many pension plans became severely underfunded. Using a difference-in-differences analysis...
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