Search results for "Cession"
showing 10 items of 864 documents
The scarcity of worker cooperatives in the USA: enquiring into possible causes
2018
Even though the access of workers to capital has been promoted in some countries for over centuries, Governments and public bodies have started to promote it worldwide, as in previous occasions, more particularly as an aftermath of the Great Recession, usually in the form of worker cooperatives.However, workers’ access to capital in the USA in the form of worker cooperatives is still surprisingly rare. We cannot find any recent public policies at a federal level in order to promote them and the old ones that exist remain mostly obsolete and unknown. Only at a state and local level, we find in the latest years a series of actions directed to achieve this goal, as in the case of New York City…
Life-cycle effects in small business finance
2017
This paper studies the life-cycle profiles of small firms’ cost and use of credit using a panel of Finnish firms. The choice of method matters for the conclusions drawn about the relationship between firm age and financing costs; the cross-sectional age profiles of financing costs are hump-shaped and consistent with hold-up theories, whereas methods that control for cohort fixed effects demonstrate that the financing costs decrease monotonically as the firms mature. The life-cycle profiles of the use of credit also indicate that firms are more dependent on financial intermediaries in the early periods of their lives. Furthermore, the cohorts born during recessions pay higher financing costs…
Aggregate uncertainty and sectoral productivity growth: The role of credit constraints
2016
Abstract We show that an increase in aggregate uncertainty—measured by stock market volatility—reduces productivity growth more in industries that depend heavily on external finance. The mechanism at play is that during periods of high uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment—such as on ICT capital—which is more subject to liquidity risks (Aghion et al., 2010). The effect is larger during recessions, when financing constraints are more likely to be binding, than during expansions. Our statistical method—a difference-in-difference approach using productivity growth of 25 industries from 18 advanced econo…
Territorial Capital and Growth over the Great Recession: a Local Analysis for Italy"
2017
The consequences of the crisis have been mainly analyzed at national/ international levels, neglecting its differential effects on local areas. Notwithstanding the international character of the Great Recession, the different local structural features might have influenced the economic and social impact of the crisis, determining effects on the resilience and recovery chance. In this paper, we focus on the role of different territorial indicators by looking at how their relevance has changed during the recent crisis at provincial level. Our aim is threefold. First, we identify the strategic territorial elements which might be particularly relevant in ensuring a greater local absorption capa…
Tra Roma e Venezia. L’attività diplomatica di Carmine Nicola Caracciolo negli anni della Guerra di Successione Spagnola
2018
In recent decades, the studies on diplomacy in the modern age enjoyed renewed interest. While entering into a consolidated historiographical tradition, the most recent research focused on highlighting not only the importance of diplomatic "practices", but also of the actors, in a twofold dimension, both public and private. The change in the point of observation, from the institutions to those acting within institutions, allowed to deepen the specifics of the experiences, to read the activities of individuals in relation not only to international political dynamics, but also to the management of power in most circumscribed local contexts. The present essay intends to insert itself into this …
Motion of an electric charge in a terrestrial laboratory.
1995
The equation of motion for a charge in an electromagnetic field is written in the Fermi coordinates of an observer moving with a constant acceleration g=9.8 m/${\mathrm{s}}^{2}$ (${10}^{\mathrm{\ensuremath{-}}18}$ ${\mathrm{cm}}^{\mathrm{\ensuremath{-}}1}$ in units such that c=1). This is involved in the equation of motion not only as a Newtonian term g\ensuremath{\rightarrow}, but also as a relativistic correction of the form ``-2(g\ensuremath{\rightarrow}\ensuremath{\cdot}v\ensuremath{\rightarrow})v\ensuremath{\rightarrow}.'' We have studied the effect of this term under the conditions of an accelerator of particles. To this end, we have considered a constant and uniform magnetic field, a…
"Od Wmci Pani już bardzo dawno miałem wiadomość, proszę, abyś mi doniosła o zdrowiu swoim i obrotach...". Wojenne doświadczenia Elżbiety z Branickiej…
2018
Elżbieta z domu Branicka była od 1732 roku trzecią żoną Jana Tarły, wojewody lubelskiego, a od 1736 roku wojewody sandomierskiego. Korespondencja pomiędzy małżonkami wskazuje na dobre relacje, oparte o wzajemna troskę i zaufania. No to ostatnie Elżbieta w pełni zasługiwała za swoja postawę w latach 1733 - 1736 przetrwać trudne czasy wojny. W rzeczywistości stawiała czoła realnym, być może wyolbrzymionym zagrożeniom. Uwypukliło to takie cechy jej charakteru, jak zdecydowanie, zaradność, i odporność na sytuacje kryzysowe. Elżbieta z Branickich Tarłowa potrafiła dbać o siebie, męża i majątek rodzinny.
Academic expectations and well-being from school to work during the economic downturn
2012
Academic well-being and expectations change in educational transitions during economic downturn.
Clinical evaluation of the Er:YAG laser in combination with an enamel matrix protein derivative for the treatment of intrabony periodontal defects: a…
2003
OBJECTIVES The aim of the present study was to compare the combination therapy of deep intrabony periodontal defects using an Er:YAG laser (ERL) and enamel matrix protein derivative (EMD) to scaling and root planing+ ethylenediaminetetraacetic acid (EDTA)+EMD. MATERIAL AND METHODS Twenty-two patients with chronic periodontitis, each of whom displayed 1 intrabony defect, were randomly treated with access flap surgery and defect debridement with an Er:YAG (160 mJ/pulse, 10 Hz) plus EMD (test) or with access flap surgery followed by scaling and root planing (SRP) with hand instruments plus EDTA and EMD (control). The following clinical parameters were recorded at baseline and at 6 months: plaq…