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In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in … allows allocating investments by asset type to each industry, using an investment flow matrix. The database enables … researchers to analyze structural investment behavior on the industry level and to identify changes in the importance of in-vestment …
Persistent link: https://www.econbiz.de/10009721990
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. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
attractive investment, with bigger effects for individuals who regularly discuss such investments with their friends. Based on … housing investment decisions and aggregate housing market outcomes. Our approach exploits plausibly-exogenous variation in the …
Persistent link: https://www.econbiz.de/10011476018
In second price internet auctions with a fixed end time, such as those on eBay, many bidders snipe , i.e., they submit their bids in the closing minutes or seconds of an auction. Late bids of this sort are much less frequent in auctions that are automatically extended if a bid is submitted very...
Persistent link: https://www.econbiz.de/10011508091
manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypothesis in …
Persistent link: https://www.econbiz.de/10009508092
voting power indices, is proposed, and the different measures are compared using a sample of large listed German firms. The …
Persistent link: https://www.econbiz.de/10011450369
Persistent link: https://www.econbiz.de/10003457674
We study a dynamic model with two competing durable goods; one dirty, the other clean. Due to network effects a consumer who adopts the dirty good today will increase the incentive future consumers have to adopt the dirty good. Thus, a consumer who chooses the dirty good, in a sense causes more...
Persistent link: https://www.econbiz.de/10010345203
We consider the effects of taxes for competing two-sided platforms. We first detail how a platform passes a tax increase on its prices. Adding price competition, we study next how the tax affects profits. Because of the strategic implications of the cross-side external effects, the tax increase...
Persistent link: https://www.econbiz.de/10011459129