Showing 1 - 10 of 22
is particularly important. For example, our data show that stock-bond contagion is approximately as frequent as flight to …
Persistent link: https://www.econbiz.de/10005281787
externalities. The character and timing of future shocks are unpredictable, but contagion in the propagation mechanisms should be …
Persistent link: https://www.econbiz.de/10008838654
In a circular city model, I consider network design and pricing decisions for a single fast transport connection that faces competition from a slower but better accessible transport mode. To access the fast transport network individuals have to make complementary trips by slow mode. This fact...
Persistent link: https://www.econbiz.de/10005136870
What determines remittances – altruism or enlightened self-interest - and do remittances trigger additional migration? These two questions are examined empirically in Egypt, Turkey and Morocco for households with family members living abroad. Results show, first, that one cannot clearly...
Persistent link: https://www.econbiz.de/10005136991
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...
Persistent link: https://www.econbiz.de/10005137005
This paper develops a continuous-time -continuous-place economic model of road traffic congestion with a bottleneck, based on car-following theory. The model integrates two archetype congestion technologies used in the economics literature: 'static flow congestion', originating in the works of...
Persistent link: https://www.econbiz.de/10005137224
Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive congestion prices equal to the value of marginal...
Persistent link: https://www.econbiz.de/10005137232
for employees to work in co-ethnic firms. It argues that strong social networks and related high intra-group trust …
Persistent link: https://www.econbiz.de/10005137251
become networks of strategic collaboration and others don’t, we study link formation within European biopharmaceutical …
Persistent link: https://www.econbiz.de/10005137298
This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the 1970's the world of economics was a collection of islands....
Persistent link: https://www.econbiz.de/10005137309