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Articles 1 - 4 of 4
Full-Text Articles in Business
Who Benefits From State And Local Economic Development Policies?, Timothy Bartik
Who Benefits From State And Local Economic Development Policies?, Timothy Bartik
Timothy J. Bartik
Bartik reviews evidence on whether state and local policies affect job growth. He then presents empirical data supporting the intentions of such programs, showing that job growth may lead to a number of positive long-term effects including: lower unemployment, higher labor force participation, higher real estate values, and better occupational opportunities. He also shows that the earnings gains to disadvantaged groups outweigh the resulting increased real estate values for property owners, and concludes by saying that regional competition for jobs may actually be a benefit for the nation as a whole.
Indirect Taxation And Trade Liberalization: An Application To India, William Rieber
Indirect Taxation And Trade Liberalization: An Application To India, William Rieber
William Rieber
Note: full-text not available due to publisher restrictions. Link takes you to an external site where you can acquire this article from a local library.
Trade Liberalization In Asian Newly Industrialized Countries, William Rieber, Iyanatual Islam
Trade Liberalization In Asian Newly Industrialized Countries, William Rieber, Iyanatual Islam
William Rieber
Using Auction Theory To Inform Takeover Regulation, Peter Cramton, Alan Schwartz
Using Auction Theory To Inform Takeover Regulation, Peter Cramton, Alan Schwartz
Peter Cramton
This paper focuses on certain mechanisms that govern the sale of corporate assets. Under Delaware law, when a potential acquirer makes a serious bid for a target, the target’s Board of Directors is required to act as would "auctioneers charged with getting the best price for the stock-holders at a sale of the company.’’ The Delaware courts’ preference for auctions follows from two premises. First, a firm’s managers should maximize the value of their shareholders’ investment in the company. Second, auctions maximize shareholder returns. The two premises together imply that a target’s board should conduct an auction when at least …