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Investment and Supply Effects of Industry-Indexed Bonds : The Labor Managed Firm

Waldmann, Robert - 2000

In this paper we introduce and analyze a financial instrument, termed industry-average performance bonds (IAPB), that we show offers two important advantages for labor-managed firms (LMF): reduced underinvestment, and diminished quot;Illyrianquot; supply effects. These instruments commit the LMF...

Persistent link: https://www.econbiz.de/10012788918

Financial repression and real output: Macroeconometric evidence from Yugoslavia

Bradley, Michael D.; Smith, Stephen C. - In: China Economic Review 2 (1991) 2, pp. 231-246

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Decision-making for environmental resources management

Bradley, Michael D. - In: Journal of environmental management 1 (1973) 3, pp. 289-302

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Federal deficits and the conduct of monetary policy

Bradley, Michael D. - In: Journal of macroeconomics 6 (1984) 4, pp. 411-431

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Estimating educational production functions for rural high schools : Comment

Bradley, Michael - In: American journal of agricultural economics 56 (1974) 4, pp. 833-834

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Interfirm tender offers and the market for corporate control

Bradley, Michael - In: The journal of business : B 53 (1980) 4, pp. 345-376

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Interfirm tender offers and the market for corporate control

Bradley, Michael - In: Mergers and acquisitions : current problems in perspective, (pp. 267-304). 1982

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Economics and economists in water resources development

Smith, Stephen C. - In: Man and water. The social sciences in management of …, (pp. 82-101). 1974

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