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contributes to innovation in source countries. We use changes in the labour mobility legislation within Europe as exogenous … driven by knowledge flows that are triggered by emigrants. While skilled migrants are not inventing in their home country … anymore, they contribute to cross-border knowledge and technology diffusion and thus help less advanced countries to catch up …
Persistent link: https://www.econbiz.de/10012892171
Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this … knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire … common knowledge. But if efficient production requires diverse knowledge, one group member should become manager, acquire …
Persistent link: https://www.econbiz.de/10013250738
information is valuable, a centralized control is indeed optimal. To the contrary, when local knowledge is more important than the …
Persistent link: https://www.econbiz.de/10010264578
This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …
Persistent link: https://www.econbiz.de/10010273734
central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. …
Persistent link: https://www.econbiz.de/10010274048
in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …
Persistent link: https://www.econbiz.de/10010281805
shock and a discretionary buyer transfer. In the absence of communication, we find that rigid contracts are more frequent … and lead to higher earnings for both buyer and seller. By contrast, in the presence of communication, flexible contracts … considerably more from flexible with communication than rigid without communication. Our results show quite strongly that …
Persistent link: https://www.econbiz.de/10010287198
This paper reviews experimental studies that investigate the effects of communication on be-havior in organizational … research that tests whether com-munication can help to overcome coordination failure within organizations, and (b) studies that … analyze the role of communication in alleviating problems arising from information asym-metries at the workplace. The evidence …
Persistent link: https://www.econbiz.de/10012839711
News reports and communication are inherently constrained by space, time, and attention. As a result, news sources …
Persistent link: https://www.econbiz.de/10012840217
offering fewer seats on competitive routes. To this end, we first use text analytics to build a novel dataset on communication …
Persistent link: https://www.econbiz.de/10012840697