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Experts' Awards and Economic Success: Evidence from an Italian Literary Prize
Ponzo, Michela; Scoppa, Vincenzo - Institute for the Study of Labor (IZA) - 2015
Product quality is often unobservable ex-ante and consumers rely on experts' judgments, sometimes in the form of ratings or awards. Do awards affect consumers' choices or, conversely, are they conferred on the most popular products? To disentangle this issue, we use data about the most important...
Persistent link: https://www.econbiz.de/10011167199
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The Transatlantic Banking Crisis: Lessons and EU Reforms
Welfens, Paul J. J. - Institute for the Study of Labor (IZA) - 2009
The key dynamics of the transatlantic banking crisis are analyzed – with emphasis on the fact that the banking disaster of 2007/08 was not really a surprise –, and the five key requirements for restoring stability and efficiency in the EU/OECD banking sector are highlighted. Most important,...
Persistent link: https://www.econbiz.de/10008632734
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Outsourcing, Occupational Restructuring, and Employee Well-Being: Is There a Silver Lining?
Böckerman, Petri; Maliranta, Mika - Institute for the Study of Labor (IZA) - 2013
This paper examines the relationship between outsourcing and various aspects of employee well-being by devoting special attention to the role of occupational restructuring as a conveying mechanism. Using linked employer-employee data, we find that offshoring involves job destruction, especially...
Persistent link: https://www.econbiz.de/10010884090
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Do Foreign Owners Favor Short-Term Profit? Evidence from Germany
Dill, Verena; Jirjahn, Uwe; Smith, Stephen C. - Institute for the Study of Labor (IZA) - 2014
foreign countries; rather, results point in the direction of more general features of corporate globalization. …
Persistent link: https://www.econbiz.de/10010884296
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Home Market Effect versus Multinationals
Toulemonde, Eric - Institute for the Study of Labor (IZA) - 2007
We develop a model with two asymmetric countries. Firms choose the number and the location of plants that they operate. The production of each firm increases when trade costs fall. The fall also induces multinationals to repatriate their production into a single country, which is likely to be...
Persistent link: https://www.econbiz.de/10005823000
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Drivers and Impacts in the Globalization of Corporate R&D: An Introduction Based on the European Experience
Moncada-Paternò-Castello, Pietro; Vivarelli, Marco; … - Institute for the Study of Labor (IZA) - 2011
The globalization of R&D activities has continued its growth path as companies are increasingly trying to capture …-intensive businesses has led researchers and analysts to pursue a deeper understanding of the globalization of corporate R&D and the … related driving factors and impacts. This introduction to the Special Section: "Globalization and Corporate R&D" forthcoming …
Persistent link: https://www.econbiz.de/10008876571
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Trade, Peace and Democracy: An Analysis of Dyadic Dispute
Polachek, Solomon W.; Seiglie, Carlos - Institute for the Study of Labor (IZA) - 2006
At least since 1750 when Baron de Montesquieu declared "peace is the natural effect of trade," a number of economists and political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to produce one commodity rather than employing them inefficiently...
Persistent link: https://www.econbiz.de/10005233897
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Prognosekrise: Warum weniger manchmal mehr ist
Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2009
Angesichts der gegenwärtigen Finanzmarkt- und Wirtschaftskrise überbieten sich die Anbieter von Prognosen derzeit in immer neuen Schreckenszenarien und pessimistischen Konjunkturvorhersagen. Prognosen beeinflussen Verhalten und Stimmungen und sind deshalb in Krisenzeiten von besonderer...
Persistent link: https://www.econbiz.de/10008615423
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Disclosure, Trust and Persuasion in Insurance Markets
de Meza, David; Irlenbusch, Bernd; Reyniers, Diane - Institute for the Study of Labor (IZA) - 2010
This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy's value for money (the claims ratio) and the seller's commission. These information disclosures have virtually no effect despite most buyers claiming to value such information....
Persistent link: https://www.econbiz.de/10008560393
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The Effect of Deceptive Advertising on Consumption of the Advertised Good and its Substitutes: The Case of Over-the-Counter Weight Loss Products
Cawley, John; Avery, Rosemary; Eisenberg, Matthew - Institute for the Study of Labor (IZA) - 2013
This paper is the first to estimate the impact of exposure to deceptive advertising on consumption of the advertised product and its substitutes. We study the market for over-the-counter (OTC) weight-loss products, a market in which deceptive advertising is rampant and products are generally...
Persistent link: https://www.econbiz.de/10010630728