Narrow search
Showing 1 - 10 of 130
Cover Image
Political Risk Spreads
Bekaert, Geert; Harvey, Campbell; Lundblad, Christian; … - National Bureau of Economic Research (NBER) - 2014
We introduce a new, market-based and forward looking measure of political risk derived from the yield spread between a country's U.S. dollar debt and an equivalent U.S. Treasury bond. We explain the variation in these sovereign spreads with four factors: global economic conditions,...
Persistent link: https://www.econbiz.de/10010951038
Cover Image
Business Strategy and the Management of Firms
Yang, Mu-Jeung; Kueng, Lorenz; Hong, Bryan - National Bureau of Economic Research (NBER) - 2015
new products. The analysis of business strategy is thus at the intersection of market competition and a firm's efforts to …, internal firm organization, performance and innovation, which is representative of the entire Canadian economy. Our empirical … particularly striking for innovation, as firms with some priority in business strategies are significantly more likely to innovate …
Persistent link: https://www.econbiz.de/10011123643
Cover Image
Conflict, Evolution, Hegemony, and the Power of the State
Levine, David; Modica, Salvatore - National Bureau of Economic Research (NBER) - 2013
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
Cover Image
Political Economy in a Changing World
Acemoglu, Daron; Sonin, Konstantin; Egorov, Georgy - National Bureau of Economic Research (NBER) - 2013
We provide a general framework for the analysis of the dynamics of institutional change (e.g., democratization, extension of political rights or repression of different groups), and how these dynamics interact with (anticipated and unanticipated) changes in the distribution of political power...
Persistent link: https://www.econbiz.de/10010950976
Cover Image
A Model of Forum Shopping, with Special Reference to Standard Setting Organizations
Lerner, Josh; Tirole, Jean - National Bureau of Economic Research (NBER) - 2004
Owners of intellectual property or mere sponsors of an idea (e.g., authors, security issuers, sponsors of standards) often need to persuade potential buyers or adopters of the worth of their property or idea. To this purpose, they often resort to more or less independent certifiers. This paper...
Persistent link: https://www.econbiz.de/10005019429
Cover Image
Academic Dynasties: Decentralization and Familism in the Italian Academia
Perotti, Roberto; Durante, Ruben; Labartino, Giovanna - National Bureau of Economic Research (NBER) - 2011
Decentralization can lead to "good" or "bad" outcomes depending on the socio-cultural norms of the targeted communities. We investigate this issue by looking at the evolution of familism and nepotism in the Italian academia before and after the 1998 reform, which decentralized the recruitment of...
Persistent link: https://www.econbiz.de/10009359917
Cover Image
Organ Allocation Policy and the Decision to Donate
Roth, Alvin; Kessler, Judd B. - National Bureau of Economic Research (NBER) - 2011
Organ donations from deceased donors provide the majority of transplanted organs in the United States, and one deceased donor can save numerous lives by providing multiple organs. Nevertheless, most Americans are not registered organ donors despite the relative ease of becoming one. We study in...
Persistent link: https://www.econbiz.de/10009251502
Cover Image
A Political Theory of Populism
Acemoglu, Daron; Sonin, Konstantin; Egorov, Georgy - National Bureau of Economic Research (NBER) - 2011
When voters fear that politicians may have a right-wing bias or that they may be influenced or corrupted by the rich elite, signals of true left-wing conviction are valuable. As a consequence, even a moderate politician seeking reelection chooses "populist' policies - i.e., policies to the left...
Persistent link: https://www.econbiz.de/10009251515
Cover Image
Patent Disclosure in Standard Setting
Ganglmair, Bernhard; Tarantino, Emanuele - National Bureau of Economic Research (NBER) - 2012
before the end of the process. Finally, we study the effect of product-market competition on patent disclosure. …
Persistent link: https://www.econbiz.de/10011227944
Cover Image
On the Formation of Coalitions to Provide Public Goods - Experimental Evidence from the Lab
Lange, Andreas; Dannenberg, Astrid; Sturm, Bodo - National Bureau of Economic Research (NBER) - 2010
literature focuses on individual contributions, many real-world problems involve the formation of institutions among subgroups …
Persistent link: https://www.econbiz.de/10008634661