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The management of R&D activities has become popular among researchers. The need for changes in R&D organization and financial support brings new decision-making issues for the R&D manager. Life cycle ...
I examine the effects of mortality decline on fertility and human capital investment decision of parents taking into account the uncertainty about child survival. The existence of such uncertai...
We examine the role of increased life expectancy in raising human capital investment during the process of economic growth. We develop a continuous time, overlapping generations model in which indivi...
The copyright to this Article is held by the Econometric Society. It may be downloaded, printed and reproduced only for educational or research purposes, including use in course packs. No downloadin...
An important decision that multinational firms (MNFs) face when expanding abroad concerns the specific form of their investment. The usual choice is between exports, licensing or franchising, and fo...
This paper is concerned with the set of mutual relationships between firm valuation and investment, and with the possible endogeneity of ownership structure. In order to deal with them properly, we a...
This paper analyzes the effects of the form of ownership on the substitutability between internal and external sources of finance in Italy. In particular, we test whether financial constraints are mo...
Comparative welfare state research has frequently characterized the German welfare state as being largely resistant to change. Germany used to be the textbook example for the “path dependency” o...
This paper uses literature from the fields of organisational sustainability and human capital, which have demonstrated a link between sustainable human capital and the financial performance of the fir...
This survey treats the problem of ruin in a risk model when assets earn investment income. In addition to a general presentation of the problem, topics covered are a presentation of the relevant integ...
A qualitative study was conducted to explore the barriers to career advancement for professional women in the investment banking industry. Semi-structured interviews were conducted with male and femal...
Papers on the Glass-Steagall Act are difficult to write these days. Most economists who have examined the effects of the act have concluded that it has unwisely protected investment banks from comp...
Since the move to a managed floating exchange rate system in 1973, world financial markets have been characterized by largemovements in nominal exchange rates. These movements have been accompanied...
What Explains Changes in Business Investment? Business investment is volatile and hard to explain. Factors that should affect investment as a matter of theory have little influence in practice, and...

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