Showing 1 - 10 of 10
The paper develops a class of Financial market models with jumps based on a Brownian motion, and inhomogeneous telegraph processes: random motions with alternating velocities. We assume that jumps occur when the velocities are switching. The distribution of such a process is described in detail....
Persistent link: https://www.econbiz.de/10009324398
This paper investigates the presence of a network externality which might explain the persistence of low schooling achievements among internal migrants. We test empirically whether young migrants schooling decisions are affected by the presence of covillagers at destination, using data on...
Persistent link: https://www.econbiz.de/10005086729
We study the determinants of the firm-level choice to produce following an order placed by a downstream firm (production to order) or to produce in advance. We rationalize this choice through a simple theoretical model and apply it to a firm-level empirical analysis. Relying on a large panel of...
Persistent link: https://www.econbiz.de/10005018071
In this paper we consider the interaction between local workers and migrants in the production process of a firm. Both local workers and migrants can invest effort in assimilation activities in or-der to increase the assimilation of the migrants into the firm and so by increase their interaction...
Persistent link: https://www.econbiz.de/10008751911
There is a large literature pointing to community participation and social networks as salient components of household … associated with social networks, or whether labor migration displaces social informal institutions in village economies at origin …. This paper directly tests the role of international migration in shaping participation in groups and social networks by …
Persistent link: https://www.econbiz.de/10008472058
In that work we explore the ability to learning-by-learning of the SME-network as relational capital of sustainable advantage. The nature of the most of those abilities connect resources and competences useful to realize successful of the firm in the long run in the form of intangibles and...
Persistent link: https://www.econbiz.de/10005007144
Several results from bargaining and networks microeconomic literature are presented and their main insights and … negotiations in bilateral oligopolies. Models of price formation both in fixed and in endogenously formed buyers-sellers networks …
Persistent link: https://www.econbiz.de/10005007332
districts - IDs), through informal social networks (communities of practice - CoPs), and firms networks, in an osmotic process … combines forms of localised learning with learning at the boundaries, through the access to pipelines (FDI, firms networks …
Persistent link: https://www.econbiz.de/10005007338
This paper provides the first direct evidence on the determinants of link formation among immigrants in the host society. We use a purposely-designed survey on a representative sample of Sri Lankan immigrants living in Milan to study how migrants form social links among them and the extent to...
Persistent link: https://www.econbiz.de/10010734629
This paper provides new empirical evidence about the influence exerted by migration networks upon migrants‟ self … geographical variability in the size of migration networks. As Ecuadorian migrants opted for a variety of destination countries in … the aftermath of the crisis, we estimate a multinomial logistic model to assess the impact of migration networks on both …
Persistent link: https://www.econbiz.de/10008461027