(ICT). But why have the same technologies not similarly increased Europe's labour productivity? This paper provides a … improvement in the ICT can yield significant increases in labour productivity if - and only if - the organization is drastically …

the US productivity revival and in the evolving US-EU productivity gap. In Israel, the ICT sector grew very rapidly during … the success of the ICT sector. The main goal of this paper is to shed light on these twin developments. We use newly … constructed data on industry-level ICT investments between 1990 and 2003 and estimate production functions for manufacturing …

member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with …

We provide a simple framework for analyzing how competition affects the choice of audit structures in an oligopolistic … investment in audit quality follows a U-shaped pattern. Following increases in competition, the investment in audit quality will … competition regime. We use these results to show that firms will benefit from forming a joint audit agency only when the degree of …

specific sense of irrelevance of parental income for university attendance. We show that, even if households can borrow in the … households are more likely to attend university. We then study the welfare maximising policy of a utilitarian government. Its …