Showing 1 - 2 of 2
We quantify the effect of financial leverage on stock return volatility in a dynamic general equilibrium economy with debt and equity claims. The effect of financial leverage is studied both at a market and a firm level where the firm is exposed to both idiosyncratic and market risk. In a...
Persistent link: https://www.econbiz.de/10009441057
as well as in terms of their associations with wages and employment. Our findings based on the 1998/99 labor force data …—the last laborforce survey available-- indicate that minimum wages were better enforced and hadstronger effects in the urban … urban areas, (ii) minimum wages are positively associated with wages of unskilled workers and women in urban areas, while no …
Persistent link: https://www.econbiz.de/10009477115