Showing 1 - 9 of 9
This paper examines the impact of mass media and information and commu- nications technologies (ICT) as knowledge-based infrastructures on economic development. The results suggest that both mass media and ICT penetra- tion are negatively associated with corruption. This result holds across both...
Persistent link: https://www.econbiz.de/10011071188
Persistent link: https://www.econbiz.de/10010746282
We show that the level of interest rates determines the magnitude of mispricing at the turn of the tax year, as investors face the trade-o¤ between selling a temporarily depressed stock this year and selling next year, but delaying tax implications by one year. Interest rates do explain the...
Persistent link: https://www.econbiz.de/10011071421
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in … investment or R&D. In identical specifications for British firms, cash flow is informative about investment, although not about … the level of R&D spending conditional on the R&D participation decision. In the UK, we also find that investment is less …
Persistent link: https://www.econbiz.de/10010884496
investment. Uncertainty increases real option values making firms more cautious when investing or disinvesting. This is confirmed … both numerically for a model with a rich mix of adjustment costs, time-varying uncertainty, and aggregation over investment … investment response to demand shocks. This implies the responsiveness of firms to any given policy stimulus may be much lower in …
Persistent link: https://www.econbiz.de/10010928730
, major weaknesses with respect to long-run investment in human capital, infrastructure and innovation remain. These are … hampered by problems of short-termism and policy risk. We propose a series of radical reforms to address these problems: such …
Persistent link: https://www.econbiz.de/10011125977
positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …
Persistent link: https://www.econbiz.de/10011126451
experiences of online risk among children, the affordances of SNS lend support to this possibility, attracting much policy and … second hypothesis stated that SNS users with more digital competence will encounter more online risk than those with less …) will encounter more online risk than those with fewer risky practices: this too was supported by the data; thus what …
Persistent link: https://www.econbiz.de/10011071426
European self-regulation to ensure children's safety on social networking sites requires that providers ensure children are old enough to use the sites, aware of safety messages, empowered by privacy settings, discouraged from disclosing personal information, and supported by easy to use...
Persistent link: https://www.econbiz.de/10011207672