Showing 1 - 10 of 186
This paper evaluates whether macroeconomic uncertainty changes the impact of oil shocks on the oil price. Using a … production volatility, significantly increases the responsiveness of oil prices to oil shocks. This implies a lower price …, varying uncertainty about the macroeconomy can explain time variation in the oil price elasticity and hence in oil price …
Persistent link: https://www.econbiz.de/10010575442
We study how net neutrality regulations affect a high-bandwidth content provider’s (CP) investment incentives in quality of services (QoS). We find that the effects crucially depend on network capacity levels. With limited capacity, as in mobile networks, prioritized delivery services are...
Persistent link: https://www.econbiz.de/10010948849
absence of price-based sales contracts means that fixed costs are directly relevant to donors, and that they can translate …
Persistent link: https://www.econbiz.de/10010948884
efficient firms are active. This is likely to lead to price increases, rather than decreases. …
Persistent link: https://www.econbiz.de/10005013042
technology improves. We find that there can be a U-shaped transition dynamic, so that an initial boom in share price is followed … by a temporary fall in share price even though the underlying technology is improving. …
Persistent link: https://www.econbiz.de/10005181568
competition between the TV channels, since they take into account the fact that a lower viewer price at one channel will harm …
Persistent link: https://www.econbiz.de/10008572578
and the price-cost margins, we derive a measure of wage markup without relying on trade union participation data, and we … price, and the collinearity among input factors of production. Additionally, we propose an identification strategy that …
Persistent link: https://www.econbiz.de/10011210785
We consider a model of cake-eating with private information. The model captures phenomena such as trust and “security of supply” in resource-use relationships. It also predicts supply shocks as an equilibrium phenomenon: privately informed sellers have incentives to reveal resource scarcity...
Persistent link: https://www.econbiz.de/10010960650
This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between acquisitions by MNEs from technologically leading countries and those behind the technological frontier. We show that both acquire similarly R&D intensive domestic firms, but there are...
Persistent link: https://www.econbiz.de/10009651858
account. I present a new model of retailing in general equilibrium and explore its implications for a number of different …
Persistent link: https://www.econbiz.de/10005051532