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Capital Structure and a Firm’s Workforce

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NBER2018-10-01 更新2025-01-04 收录
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While businesses require funding to start and grow, they also rely on human capital, which affects how they raise funds. Labor market frictions make financing labor different than financing capital. Unlike capital, labor cannot be owned and can act strategically. Workers face unemployment costs, can

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2018-10-01
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