This economic brief provides an overview of enterprises owned by regional and local authorities in Italy (local SOEs). Underperformance of several local SOEs may translate into a burden for public finances and the efficiency of the economy. Local SOEs are numerous (around 8 000), employ a large ...
This guide is intended for anyone involved in or affected by a cross-border succession, particularly those planning their own succession and heirs. It is a practical guide that aims to answer the most commonly asked questions. The guide does not cover every possible scenario; you are thus advise...
The primary contribution of the thesis is a theory enhancing the legal understanding of the phenomenon of virtual property, encompassing presentation of data and a new conceptual framework to interpret it. The author argues that the normative debates concerning the phenomenon have underestimated...
As the data from the Media Pluralism Monitor 2016 shows, EU Member States generally do not impose any restrictions on foreign ownership. That is the case for 23 countries out of 28. There are only 5 Member States that establish some kind of regulatory restriction on foreign ownership in the medi...
This dissertation is composed of three separate and self-contained chapters on two different areas: (i) reputation building and competition in on-line markets, and (ii) the heterogeneous transmission of monetary policy to household consumption expenditures and income. The first chapter investiga...
In the late nineteenth century, the Grand Duchy of Finland benefited from its backward position in the peripheral corner of Europe; its export markets expanded, career opportunities were sought abroad, and foreign ideas and technology were translated and appropriated. At the same time, the ident...
How does home ownership affect new business creation? We develop a model of career choice in the presence of liquidity constraints in which shocks to the value of real estate affect the propensity of potential entrepreneurs to borrow against the value of their property. Using a large US individu...
This paper analyzes the effects of foreign direct investment on the sales growth rate of domestic companies in the Czech Republic. Using firm-level panel data from 1995 to 2005, it studies both horizontal and vertical spillovers with respect to two kinds of foreign investment – takeovers and gre...
A 21st century boom in underwater technologies that has made it more readily possible to identify and recover sunken vessels and their contents has also created an urgency to assign title over cargo originating in former colonies, that sank aboard colonial vessels and that has been partially or ...
