Showing 1 - 10 of 48
We provide the first cross-country evidence of the effect of investment by privateequity firms on innovation, focusing … pensionfunds and insurance companies across countries and over time. We also control forthe standard determinants of innovation …
Persistent link: https://www.econbiz.de/10005866520
We provide the first cross-country evidence of the effect of investment by private equity firms on innovation, focusing … on a sample of European countries and using Kortum and Lerner’s (2000) empirical methodology. Using an 18-country panel … funds and insurance companies across countries and over time. We also control for the standard determinants of innovation …
Persistent link: https://www.econbiz.de/10005002798
productivity growth in these countries, focusing on a panel of Polish manufacturing industries. Companies in Poland seem to benefit … is found on immediate technology transfer. Another result is a significant effect of domestic innovation activity. There … results obtained provide some policy implications and make the case for taking into account domestic innovation activity while …
Persistent link: https://www.econbiz.de/10005530925
In this paper we first explore the impact of nominal and real persistence on the transmission process of various shocks … performance of various monetary policies when the policy maker is uncertain about the degree of nominal and real persistence. JEL …
Persistent link: https://www.econbiz.de/10005344927
This paper brings together empirical research on price and wage dynamics for the Portuguese economy based both on micro and macro data. As regards firms' pricing behaviour the most noticeable finding is that prices in Portugal are somewhat less flexible than in the United States but more...
Persistent link: https://www.econbiz.de/10008597019
) with a special focus on persistence of real wages, wage and price inflation. The analysis is conducted within a structural …
Persistent link: https://www.econbiz.de/10005002775
The paper estimates inflation persistence in Greece from 1975 to 2003, a period of high variation in inflation and … coefficient (RC) modelling, are employed to estimate inflation persistence. The empirical results from all the procedures suggest … that inflation persistence was high during the inflationary period and the first six years of the disinflationary period …
Persistent link: https://www.econbiz.de/10005004539
In this paper we develop the Generalized Taylor Economy (GTE) in which there are many sectors with overlapping contracts of different lengths. In economies with the same average contract length, monetary shocks will be more persistent when longer contracts are present. We are able to solve the...
Persistent link: https://www.econbiz.de/10005162898
This paper adopts the Impulse-Response methodology to understand inflation persistence. It has often been argued that … existing models of pricing fail to explain the persistence that we observe. We adopt a common general framework which allows … persistence than indexation. JEL Classification: E17, E3 …
Persistent link: https://www.econbiz.de/10005530698
This paper investigates the persistence of aggregate wages and prices in Portugal assuming a model of a unionized …
Persistent link: https://www.econbiz.de/10005530898