Showing 1 - 10 of 13
This paper studies an industry in which firms can choose to provide open or closed platforms. Open platforms, as opposed to closed, are extendable so third-party producers can develop extensions for them. Building on a two-sided market model, I show that firms might prefer to commit to keeping...
Persistent link: https://www.econbiz.de/10005645298
decades. We argue that pervasive skill biased technological change rather than increased trade with the developing world is … immediate and testable implication of technological change. Second, under standard assumptions, the more pervasive the skill … economies, the skill-bias of local technological changes do not affect wages. Thus, pervasiveness deals with a major criticism …
Persistent link: https://www.econbiz.de/10005190620
No abstract.
Persistent link: https://www.econbiz.de/10010818465
use the 1993/1994 Namibia Household Income and Expenditure Survey. <p> The aim of the first study is to investigate what … <i>between-group</i> inequality. We find that Namibia still suffers from a skewed income distribution. <p> The aim of the …
Persistent link: https://www.econbiz.de/10005645402
Investment liberalizing countries are often concerned that cross-border mergers & acquisitions, in contrast to greenfield investments, might have an adverse effect on domestic firms and consumers. However, given that domestic assets are sufficiently scarce, we identify a preemption effect and an...
Persistent link: https://www.econbiz.de/10005082488
Political and legal institutions affect the extent to which the real exchange rates of oil-exporting countries co-move with the oil price. In a simple theoretical model, strong institutions insulate real exchange rates from oil price volatility by generating a smooth pattern of fiscal spending...
Persistent link: https://www.econbiz.de/10008479234
exacerbated development by better-informed venture-backed firms is used as a signal to enhance the sale price of developed …
Persistent link: https://www.econbiz.de/10005419514
Investment liberalizing countries are often concerned that cross-border mergers & acquisitions, in contrast to greenfield investments, might have an adverse effect on domestic firms and consumers. However, given that domestic assets are sufficiently scarce, we identify a preemption effect and an...
Persistent link: https://www.econbiz.de/10005419556
No abstract.
Persistent link: https://www.econbiz.de/10010684414
No abstract.
Persistent link: https://www.econbiz.de/10010684497