Big Bank Profits Can Spell Big Risks Ahead
Return on equity measures bank risk in a way that’s simpler and more robust than complex regulatory models.
Big Bank Profits Can Spell Big Risks Ahead
How Noncompetes Help Existing Businesses (and Limit New Ones)
- August 16, 2018
- CBR - Public Policy
Many workers in a broad spectrum of fields have encountered noncompete agreements—wherein they agree not to work for a competing company within a specified period of time after leaving their current employer—in the course of their career paths. Chicago Booth’s Jessica S. Jeffers finds that stronger enforcement of such agreements not only lowers employee turnover, it also creates an economic tradeoff: greater capital investment among existing businesses, but fewer new businesses entering the market.
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Research examines how gun ownership would change in response to various restrictions.
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