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Human Capital: Infrastructural and Superstructural Constraints to Economic Performance across U.S. Native American Reservations and Trust Lands

Amavilah, Voxi Heinrich S - EconWPA - 2004

The current research emphasis on institutions as key determinants of economic performance, rather than on resources and resource productivity, has uncovered important questions for further research. For example, if institutions are central to economic performance, then what explains observed...

Persistent link: https://www.econbiz.de/10005125631

Economic Performance in a Cross-Section of U.S. Native American Economies

Amavilah, Voxi Heinrich S - EconWPA - 2004

Institutions either promote or constrain economic performance, but which parts of institutions advance or restrict performance, and why do economies sharing similar institutions sometimes perform differently? This paper is a modest attempt at addressing a small part of these questions. It...

Persistent link: https://www.econbiz.de/10005125690

Entrepreneurial Innovation

Rigotti, Luca; Ryan, Matthew; Vaithianathan, Rhema - EconWPA - 2001

This paper constructs an equilibrium model of entrepreneurial innovation where individuals differ in their attitude … toward uncertainty. Unlike previous models of innovation, the firm-formation process is endogenous. An entrepreneur, who owns …'s willingness to work with the uncertain technology. The general equilibrium setting allows us to explore the impact of innovation …

Persistent link: https://www.econbiz.de/10005556737

Estimating a Life Cycle Model with Unemployment and Human Capital Depreciation

Pollak, Andreas - EconWPA - 2005

I estimate a life cycle model of consumption choice with unemployment risk. Employed individuals face the risk of losing their job. Unemployed agents receive job random offers of different quality, which they can accept or reject. Following the loss of a job and during unemployment, an agent’s...

Persistent link: https://www.econbiz.de/10005119102

From Economic Activity to Understanding Spaces

Iribarren, Diego - EconWPA - 2003

This paper constructs the probability space underlying the random variable of any time dependent econometric specification. The construction links concrete economic activity, both perceived and recorded, and econometric formulations. Furthermore, it is argued that the probability events...

Persistent link: https://www.econbiz.de/10005407919

The Forecasting Accuracy of Five Time Series Models: Evidence from the Portuguese Car Market

Ramos, Francisco F. R. - EconWPA - 1996

This paper compares the out-of-sample forecasting accuracy of five classes of time series models for market shares of the six most important Portuguese car market competitors over differents horizons. As representative time series models I employ a random-walk with drift (Naive), a univariate...

Persistent link: https://www.econbiz.de/10005119118

Housing Demand in Portugal

Carvalho, Pedro Guedes - EconWPA - 2003

In a former study (Carvalho 1995) we modeled the housing market in Portugal in a classic cross section framework and …

Persistent link: https://www.econbiz.de/10005119161

Innovation and Market Value

Hall, Bronwyn H. - EconWPA - 1999

This paper surveys recent findings about how the financial markets value the knowledge assets of publicly traded firms …. The motivation for using market value equation to price knowledge assets is discusssed and the theory behind this equation … corporation is strongly related to its knowledge assets, and that the patent measures contain information about this value above …

Persistent link: https://www.econbiz.de/10005413048

INNOVATION AND VENTURE CAPITAL EXITS

SCHWIENBACHER, Armin - EconWPA - 2001

-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their … capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …

Persistent link: https://www.econbiz.de/10005413189