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Adoption of New Information and Communications Technologies in the Workplace Today
Bresnahan, Timothy - 2016
The invention of new applications based on information and communications technologies (ICTs) has had two economic effects up to now. These applications have transformed production, creating value for applications-inventing companies and their customers and increasing economic growth through...
Persistent link: https://www.econbiz.de/10012456330
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Risk Management, Capital Budgeting and Capital Structure Policy for Insurers and Reinsurers
Froot, Kenneth A. - 2003
This paper builds on Froot and Stein (1998) in developing a framework for analyzing the risk allocation, capital budgeting, and capital structure decisions facing insurers and reinsurers. The model incorporates three key features: i) value-maximizing insurers and reinsurers face product-market...
Persistent link: https://www.econbiz.de/10012468510
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Assessing, Managing, and Financing Extreme Events : Dealing with Terrorism
Kunreuther, Howard - 2003
for the development of public-private partnerships, as recognized in November 2002 when the Terrorism Risk Insurance Act … of 2002 (TRIA) was passed. This paper shows, however, that the temporary insurance system established by TRIA is neither … current level of demand for insurance coverage has remained low and we discuss some factors that may contribute to it. After …
Persistent link: https://www.econbiz.de/10012468515
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Competitive Risk Sharing Contracts with One-Sided Commitment
Krueger, Dirk - 2003
autarky, but also partial and full insurance can obtain, depending on the relative patience of agents and financial … intermediaries. Insurance can be provided because in an equilibrium contract an up-front payment effectively locks in the agent with …
Persistent link: https://www.econbiz.de/10012468559
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Wage and Productivity Premiums in Sub-Saharan Africa
Van Biesebroeck, Johannes - 2007
accurate test. The results indicate that equality holds strongly for the most developed country in the sample (Zimbabwe), but …
Persistent link: https://www.econbiz.de/10012465344
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The Curley Effect
Glaeser, Edward L. - 2002
James Michael Curley, a four-time mayor of Boston, used wasteful redistribution to his poor Irish constituents and incendiary rhetoric to encourage richer citizens to emigrate from Boston, thereby shaping the electorate in his favor. Boston as a consequence stagnated, but Curley kept winning...
Persistent link: https://www.econbiz.de/10012469772
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E-commerce During Covid : Stylized Facts from 47 Economies
Alcedo, Joel - 2022
We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with...
Persistent link: https://www.econbiz.de/10012938698
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The Ruble Collapse in an Online Marketplace : Some Lessons for Market Designers
Horton, John J. - National Bureau of Economic Research - 2021
The sharp devaluation of the ruble in 2014 increased the real returns to Russians from working in a global online labor marketplace, as contracts in this market are dollar-denominated. Russians clearly noticed the opportunity, with Russian hours-worked increasing substantially, primarily on the...
Persistent link: https://www.econbiz.de/10012510580
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Platform as a Rule Maker : Evidence from Airbnb's Cancellation Policies
Jia, Jian; Jin, Ginger Zhe; Wagman, Liad - National Bureau of Economic Research - 2021
Digital platforms are not only match-making intermediaries but also establish internal rules that govern all users in their ecosystems. To better understand the governing role of platforms, we study two Airbnb pro-guest rules that pertain to guest and host cancellations, using data on Airbnb and...
Persistent link: https://www.econbiz.de/10012585362
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Flagship Entry in Online Marketplaces
Jin, Ginger Zhe; Lu, Zhentong; Zhou, Xiaolu; Fang, Lu - National Bureau of Economic Research - 2021
In the world of omnichannel retail, some brands open a flagship store at online marketplaces, while others avert it. Focusing on a large e-commerce platform, we empirically study how flagship entry affects consumers, the platform, and various sellers on the platform
Persistent link: https://www.econbiz.de/10012629459