this analysis, we use patent citations as a proxy for the innovation effort by the acquirer. Our main result is to show … that acquisition increases the innovation effort of the acquirer but only temporarily. After 1.5 year, there is no longer a … significant impact of the acquisition on the acquirer’s innovation effort. This decline is relatively larger when the acquired …

We propose a method to estimate the capitalized value of the architectural design quality of a neighbourhood. Our … economic design premium is identified by spatially differentiating property prices and design quality within neighbourhoods and …

change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor … taxation, automation capital, and capital adjustment costs. Labor and automation capital are perfect substitutes whereas labor …

information on mergers and firm-level multimarket production and innovation within the semiconductor industry. Using the pairwise …

in property markets. Our empirical strategy combines a boundary discontinuity design with controls for time …