Showing 1 - 10 of 229
We compare the causal effects of forward guidance communication about future interest rates on households' expectations … of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized … then provide 22 different forms of information regarding past, current and/or future inflation and interest rates …
Persistent link: https://www.econbiz.de/10012171803
A novel method is applied to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1 …,000 Dutch entrepreneurs. We find that initial capital constraints hinder entrepreneurs in their performance, even when we … control for various human capital and other factors that might affect both performance and credit scoring outcomes. We use a …
Persistent link: https://www.econbiz.de/10011506454
significantly positive effect on game success suggests that female coaches should be more risk-taking. …
Persistent link: https://www.econbiz.de/10011977094
We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...
Persistent link: https://www.econbiz.de/10012165947
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010257289
inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper … show that physical proximity is an important influence on collaboration, but is mediated by organisational and ethnic …
Persistent link: https://www.econbiz.de/10011084309
Software engineering is prototypical of knowledge work in the digital economy and exhibits strong geographic concentration, with Silicon Valley as the epitome of a tech cluster. We investigate productivity effects of knowledge worker agglomeration. To overcome existing measurement challenges, we...
Persistent link: https://www.econbiz.de/10015048324
education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …' lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …
Persistent link: https://www.econbiz.de/10011565610
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10011404317
comparative evidence on public preferences for education spending, we conduct representative experiments with information …, providing information about actual spending and salary levels reduces support for increased education spending from 54 to 40 … preferences are similar across the three countries when the role of status-quo and information are taken into account. …
Persistent link: https://www.econbiz.de/10012123030