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Network Security and Contagion
Acemoglu, Daron - 2013
: greater investment by an agent shifts the attack to other parts of the network …
Persistent link: https://www.econbiz.de/10013079755
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Tax Reform, Investment, and the Value of the Firm
Auerbach, Alan J.; Hines Jr., James R. - 2021
The taxation of corporate assets is well understood to influence investment and firm valuation. This paper explores the … incentives than those implied by the usual static analysis. Simulation results suggest that investment is sensitive to future tax …
Persistent link: https://www.econbiz.de/10013312521
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Heterogeneity and the Dynamics of Technology Adoption
Ryan, Stephen P - 2014
We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...
Persistent link: https://www.econbiz.de/10013067628
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Open Access as a Crude Solution to a Hold-Up Problem in the Two-Sided Market for Academic Journals
McCabe, Mark J. - 2019
The move from traditional to open-access journals—which charge no subscription fees, only submission fees—is gaining support in academia. We analyze a two-sided-market model in which journals cannot commit to subscription fees when authors (who prefer low subscription fees because this...
Persistent link: https://www.econbiz.de/10012903350
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The effect of online search on international trade
Ma, Shuzhong; Fang, Chao - In: Applied economics 53 (2021) 46, pp. 5369-5384
Persistent link: https://www.econbiz.de/10012626881
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A note on cross-country growth regressions
Miller, Stephen M. - In: Applied economics 28 (1996) 8, pp. 1019-1026
Persistent link: https://www.econbiz.de/10001209067
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International Borrowing to Finance Investment
Engel, Charles M.; Kletzer, Kenneth M. - 2021
The motives of a small country for borrowing to purchase capital equipment on international markets are studied. The country produces tradable capital and a nontradable consumption good and borrows or lends capital to achieve higher levels of welfare. A shift in time-preference favoring future...
Persistent link: https://www.econbiz.de/10013248425
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Economic hysteresis in hog production
Hinrichs, Jan; Mußhoff, Oliver; Odening, Martin - In: Applied economics 40 (2008) 1/3, pp. 333-340
Persistent link: https://www.econbiz.de/10003721971
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Investment effects of departures from governmental present-value budget balance
Elder, Erick - In: Applied economics 31 (1999) 10, pp. 1239-1247
Persistent link: https://www.econbiz.de/10001438582
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Transition Dynamics in Vintage Capital Models : Explaining the Postwar Catch-Up of Germany and Japan
Gilchrist, Simon; Williams, John C. - 2021
and investment, we are able to capture many of the key empirical properties of Germany and Japan's postwar transitions …We consider a neoclassical interpretation of Germany and Japan's rapid postwar growth that relies on a catch … capital-output ratio, rising rates of investment and employment, and moderate rates of return to capital …
Persistent link: https://www.econbiz.de/10013230828