Narrow search
Showing 1 - 10 of 2,245
Cover Image
Outside Options and Worker Motivation
Ahammer, Alexander; Fahn, Matthias; Stiftinger, Flora - 2023
We study the relationship between outside options and workers’ motivation to exert effort. We evaluate changes in outside options arising from age and experience cutoffs in the Austrian unemployment insurance (UI) system, and use absenteeism as a proxy for worker effort. Results indicate that...
Persistent link: https://www.econbiz.de/10014345957
Cover Image
Size Matters - "Over"investments in a Relational Contracting Setting
Englmaier, Florian; Fahn, Matthias - 2015
The corporate finance literature documents that managers tend to overinvest into physical assets. A number of theoretical contributions have aimed to explain this stylized fact, most of them focussing on a fundamental agency problem between shareholders and managers. The present paper shows that...
Persistent link: https://www.econbiz.de/10010480868
Cover Image
Investments on the Norwegian Continental Shelf - An Empirical Analysis
Parmer, Pernille; Strøm, Steinar; Thorsen, Helge Sandvig; … - 2018
Investments in oil and gas fields are regressed against variables on panel field-data from the start of oil and gas production on the Norwegian continental shelf in 1968 until 2016. Two alternative models track the observed investments aggregated across fields from 1970 until 2016 relatively...
Persistent link: https://www.econbiz.de/10011957186
Cover Image
Investments on the Norwegian Continental Shelf - an Empirical Analysis
Smarzynska Javorcik, Beata - 2019
Investments in oil and gas fields are regressed against variables on panel field-data from the start of oil and gas production on the Norwegian continental shelf in 1968 until 2016. Two alternative models track the observed investments aggregated across fields from 1970 until 2016 relatively...
Persistent link: https://www.econbiz.de/10012892216
Cover Image
Crowdfunding Dynamics
Belleflamme, Paul - 2019
Various forms of social learning and network effects are at work on crowdfunding platforms, giving rise to informational and payoff externalities. We use novel entrepreneur-backer data to study how these externalities shape funding dynamics, within and across projects. We find that backers...
Persistent link: https://www.econbiz.de/10012861378
Cover Image
Strapped for Cash: The Role of Financial Constraints for Innovating Firms
Bøler, Esther Ann; Moxnes, Andreas; Ulltveit-Moe, … - 2023
This paper makes use of a reform that allowed firms to use patents as stand-alone collateral, to estimate the magnitude of collateral constraints and to quantify the aggregate impact of these constraints on misallocation and productivity. Using matched firm-bank data for Norway, we find that...
Persistent link: https://www.econbiz.de/10014290230
Cover Image
Strapped for Cash : The Role of Financial Constraints for Innovating Firms
Bøler, Esther Ann; Moxnes, Andreas; Ulltveit-Moe, … - 2023
This paper makes use of a reform that allowed firms to use patents as stand-alone collateral, to estimate the magnitude of collateral constraints and to quantify the aggregate impact of these constraints on misallocation and productivity. Using matched firm-bank data for Norway, we find that...
Persistent link: https://www.econbiz.de/10014358651
Cover Image
Unlocking New Methods to Estimate Country-Specific Trade Costs and Trade Elasticities
Freeman, Rebecca; Larch, Mario; Theodorakopoulos, Angelos; … - 2021
the framework of ‘the new quantitative trade model.’ We complement theory with a simple two-stage estimating procedure …
Persistent link: https://www.econbiz.de/10013312849
Cover Image
Exporting Costs and Multi-Product Shipments
Gomtsyan, David; Tarasov, Alexander - 2021
mechanism considered in the paper is based on that multiproduct shipments allow splitting fixed costs per shipment across many … products and, therefore, reducing total shipment costs. As a result, more developed countries tend to have lower fixed costs …-product shipments in determining shipping costs …
Persistent link: https://www.econbiz.de/10013315049
Cover Image
Fiscal Competition in Space and Time : An Endogenous-Growth Approach
Becker, Daniel Thomas; Rauscher, Michael - 2021
of immobile residents. Investment is costly: Quadratic installation and de-installation costs limit the mobility of … and effects of changes in installation costs are ambiguous …
Persistent link: https://www.econbiz.de/10013316964