Subsidized research joint ventures (RJVs) between public research institutions and industry have become increasingly popular in Europe and the US. We study the long-run effects of such a support scheme that has been maintained by the Danish government since 1995. To cope with identification...

The determinants of transitions between different states of financial distress are analyzed using two versions of Markov chain models: a multinomial logit model without random effects and a multinomial logit model capturing such unobservable factors. The empirical analysis is based on a panel...

The determinants of transitions between different states of financial distress are analyzed using two versions of Markov chain models: a multinomial logit model without random effects and a multinomial logit model capturing such unobservable factors. The empirical analysis is based on a panel...

Purpose – The paper aims to investigate the relationship between the age of employees and employers on the one hand and establishment closure probability on the other. Design/methodology/approach – The paper is based on large-scale longitudinal Danish register data. Past employer and...

Purpose – The paper aims to investigate the relationship between the age of employees and employers on the one hand and establishment closure probability on the other. Design/methodology/approach – The paper is based on large-scale longitudinal Danish register data. Past employer and...