Similar Search Results

Uneven geographies of organizational practice: explaining the cross-national transfer and diffusion of ISO 9000

Neumayer, Eric; Perkins, Richard - London School of Economics (LSE) - 2005

There is growing recognition that organizational innovations can have a major influence on the geography of economic activity. Yet, little is known about the mechanisms and geographic preconditions underlying their diffusion, particularly at the global level. In this article, we test a series of...

Persistent link: https://www.econbiz.de/10010744952

Inflation premium and oil price volatility

Castillo, Paul; Montoro, Carlos; Tuesta, Vicente - London School of Economics (LSE) - 2007

This paper provides a fully micro-founded New Keynesian framework to study the interaction between oil price volatility, pricing behavior of firms and monetary policy. We show that when oil has low substitutability, firms find it optimal to charge higher relative prices as a premium in...

Persistent link: https://www.econbiz.de/10010745827

Contesting the indigenous development of “Chinese double-entry bookkeeping” and its significance in China’s economic institutions and business organization before c.1850

Hoskin, Keith; Macve, Richard - London School of Economics (LSE) - 2012

The recent rapid growth of China’s economy has reopened historical debate about the extent to which it prospered during the Míng and Qīng dynasties (1368-1911) through developing a significant market orientation on the base of its underlying agricultural bureaucratic feudalism. As a...

Persistent link: https://www.econbiz.de/10011071241

Scylla and Charybdis: the European economy and Poland's adherence to gold, 1928-1936

Wolf, Nikolaus - London School of Economics (LSE) - 2007

This paper examines the timing of exit from the gold-exchange standard for European countries based on a panel of monthly observations 1928-1936 for two purposes: first it aims to understand the enormous variation in monetary policy choices across Europe. I show that the pattern of exit from...

Persistent link: https://www.econbiz.de/10011071270

Publicity of debate and the incentive to dissent: evidence from the US federal reserve

Meade, Ellen E.; Stasavage, David - London School of Economics (LSE) - 2004

When central banks are transparent about their decision making, there may be clear benefits in terms of credibility, policy effectiveness, and improved democratic accountability. While recent literature has focused on all of these advantages of transparency, in this paper we consider one...

Persistent link: https://www.econbiz.de/10011071288

Speculative attacks and financial architecture: experimental analysis of coordination games with public and private information

Heinemann, Frank; Nagel, Rosemarie; Ockenfels, Peter - London School of Economics (LSE) - 2002

Speculative Attacks can be modeled as a coordination game with multiple equilibria if the state of the economy is common knowledge. With private information there is a unique equilibrium. This raises the question whether public information may be destabilizing by allowing for self-fulfilling...

Persistent link: https://www.econbiz.de/10010745943

The property-rights theory of the firm with endogenous timing of asset purchase

de Meza, David; Lockwood, Ben - London School of Economics (LSE) - 1998

negotiate asset ownership. This paper endogenizes the event sequence in a matching model of market equilibrium. Equilibria exist … in which, for strategic and efficiency reasons, agents invest in human capital and buy assets prior to matching and …

Persistent link: https://www.econbiz.de/10010884491

Does competition solve the hold-up problem?

Felli, Leonardo; Roberts, Kevin - London School of Economics (LSE) - 2001

particular, this paper shows that when matching is assortative and sellers’ investments precede market competition then …

Persistent link: https://www.econbiz.de/10010928710

A test between unemployment theories using matching data

Coles, Melvyn; Petrongolo, Barbara - London School of Economics (LSE) - 2003

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …

Persistent link: https://www.econbiz.de/10010928750

On the extent of re-entitlement effects in unemployment compensation

Ortega, Javier; Rioux, Laurence - London School of Economics (LSE) - 2008

A dynamic labor matching economy is presented, in which the unemployed are either entitled to unemployment insurance …

Persistent link: https://www.econbiz.de/10010745099