Narrow search
Showing 1 - 10 of 1,581
Cover Image
Mergers and Partial Ownership
Foros, Øystein - 2010
In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find that partial ownership arrangements can be more profitable for the acquiring and acquired firm because they can result in a greater dampening of competition. We also derive...
Persistent link: https://www.econbiz.de/10013148773
Cover Image
Greasing the Wheels of International Commerce : How Services Facilitate Firm's International Sourcing
Debaere, Peter; Görg, Holger; Raff, Horst - 2021
We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...
Persistent link: https://www.econbiz.de/10013316255
Cover Image
What Drives Home Market Advantage?
Cosar, Kerem - 2015
In the automobile industry, as in many tradable goods markets, firms earn their highest market share within their … domestic market. This home market advantage persists despite substantial integration of international markets during the past … several decades. The goal of this paper is to quantify the supply- and demand-driven sources of the home market advantage and …
Persistent link: https://www.econbiz.de/10013012565
Cover Image
Target Loans, Current Account Balances and Capital Flows : The ECB's Rescue Facility
Sinn, Hans-Werner - 2013
The Target liabilities of the GIPS countries (Greece, Ireland, Portugal and Spain) amounted to 314 billion euros in …
Persistent link: https://www.econbiz.de/10013092688
Cover Image
Debt Sustainability and Financial Crises : Evidence from the GIIPS
Legrenzi, Gabriella Deborah - 2014
We assess the sustainability of the public finances of Greece, Ireland, Italy, Portugal and Spain (GIIPS), allowing for …
Persistent link: https://www.econbiz.de/10013067329
Cover Image
Birthweight and Academic Achievement in Childhood
Chatterji, Pinka; Kim, Dohyung; Lahiri, Kajal - 2021
Research has shown that birthweight has a lasting impact on later-life outcomes such as educational attainment and earnings. This paper examines the role of health at birth in determining academic achievement in childhood, which may provide the link between birthweight and adult outcomes. Using...
Persistent link: https://www.econbiz.de/10013315601
Cover Image
Eliciting Individual Preferences for Pension Reform
Abid Fourati, Yosr; O'Donoghue, Cathal - 2021
according to age are in contradiction with what is suggested in theory …
Persistent link: https://www.econbiz.de/10013316320
Cover Image
Testing for Convergence in Stock Markets : A Non-Linear Factor Approach
Caporale, Guglielmo Maria - 2013
including monthly stock price indices for five EU countries (Germany, France, the Netherlands, Ireland and the UK) as well as …
Persistent link: https://www.econbiz.de/10013095490
Cover Image
Implementation of Communication Equilibria by Correlated Cheap Talk : The Two-Player Case
Vida, Peter - 2011
We show that essentially every communication equilibrium of any finite Bayesian game with two players can be implemented as a strategic form correlated equilibrium of an extended game, in which before choosing actions as in the Bayesian game, the players engage in a possibly infinitely long (but...
Persistent link: https://www.econbiz.de/10013128960
Cover Image
Ageing, Government Budgets, Retirement, and Growth
Gonzalez-Eiras, Martín - 2011
We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital deepening, and indirect effects, working through...
Persistent link: https://www.econbiz.de/10013129861