Showing 1 - 10 of 11
on Facebook and Instagram that collectively reached 2.1 billion individuals and cost around $40 million. We report the …
Persistent link: https://www.econbiz.de/10013334490
We present updated estimates of central bank for 100 countries up through 2006 and use them to analyze both the determinants and consequences of monetary policy transparency in an integrated econometric framework. We establish that there has been significant movement in the direction of greater...
Persistent link: https://www.econbiz.de/10012463856
We propose a new framework for understanding the effectiveness of central bank announcements when firms have heterogeneous inflation expectations. Expectations are updated through social dynamics and, with heterogeneity, not all firms choose to operate, putting downward pressure on realized...
Persistent link: https://www.econbiz.de/10012458503
Stock prices and workplace mobility trace out striking clockwise paths in daily data from mid-February to late May 2020. Global stock prices fell 30 percent from 17 February to 12 March, before mobility declined. Over the next 11 days, stocks fell another 10 percentage points as mobility dropped...
Persistent link: https://www.econbiz.de/10012482538
The structure of family relationships influences economic behavior and attitudes. We define our measure of family ties using individual responses from the World Value Survey regarding the role of the family and the love and respect that children need to have for their parents for over 70...
Persistent link: https://www.econbiz.de/10012465603
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the...
Persistent link: https://www.econbiz.de/10012461441
We use anonymized data from Facebook to construct a new measure of the pairwise social connectedness between 180 …
Persistent link: https://www.econbiz.de/10012481917
links on Facebook, the world's largest online social networking service. Within the U.S., social connectedness is strongly … connectedness is also associated with more cross-county migration and patent citations. Social connectedness between U.S. counties … and foreign countries is correlated with past migration patterns, with social connectedness decaying in the time since the …
Persistent link: https://www.econbiz.de/10012455074
We report a puzzling pair of facts concerning the organization of science. The concentration of research output is declining at the department level but increasing at the individual level. For example, in evolutionary biology, over the period 1980 to 2000, the fraction of citation-weighted...
Persistent link: https://www.econbiz.de/10012459010
Much debate exists around the impact that illegal file sharing may have on the creative industries. Similarly, opinions differ regarding whether the producers of artistic works should be forced to accept any weakening of intellectual property rights resulting from illegal file sharing, or if...
Persistent link: https://www.econbiz.de/10012459512