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Active currency investing and performance benchmarks
Melvin, Michael; Shand, Duncan - 2010
There are no established benchmarks for evaluating currency investment manager performance. Some analysts have suggested that known investing styles like momentum, purchasing power parity, and carry serve as benchmarks. Challenges for this approach include: there is no market portfolio; there...
Persistent link: https://www.econbiz.de/10003967792
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Timing of technology adoption and product market competition
Milliou, Chrysovalantou; Petrakēs, Emmanuēl - 2009
This paper examines how product market competition affects firms' timing of adopting a new technology as well as … but also among markets with Cournot and Bertrand competition. More specifically, Cournot competition can lead to earlier … adoption than Bertrand competition. It shows also that competition toughness does not always reinforce adoption incentives …
Persistent link: https://www.econbiz.de/10003854416
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Neither backlash nor convergence : dynamics of intracouple childcare division after the first Covid-19 lockdown and subsequent reopening in Germany
Boll, Christina; Müller, Dana; Schüller, Simone - 2021
Using unique monthly panel data from the Institute for Employment Research (IAB) covering the immediate postlockdown period from June to August 2020, we investigate the opposing claims of widening/closing the gender gap in parental childcare during the COVID-19 pandemic in Germany. We contribute...
Persistent link: https://www.econbiz.de/10012515089
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The IOC's midas touch : Summer Olympics and city growth
Nitsch, Volker; Wendland, Nicolai - 2013
Hosting a mega-event is a costly activity of short duration. Still, cities frequently compete to become host of all types of events. This paper examines the effect of staging the largest and most important sporting event in the world, the Summer Olympic Games, on the host city. Applying a...
Persistent link: https://www.econbiz.de/10009785998
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A convex hull approach to counterfactual analysis of trade openness and growth
Funke, Michael; Gronwald, Marc - 2009
In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the question what would happen if African countries were more...
Persistent link: https://www.econbiz.de/10003854442
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A critique of the literature on the US financial debt crisis
Stein, Jerome L. - 2010
A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price bubble led to the financial crisis that started in 2007. There is a large empirical literature concerning the relation between asset price bubbles and financial crises. I evaluate...
Persistent link: https://www.econbiz.de/10003936616
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The empirics of general equilibrium trade theory : what have we learned?
Bernhofen, Daniel - 2010
This paper provides a selective survey of over half a century of research linking the neoclassical trade model to the data. Three lessons stand out. First, competitive and new trade theory models are complementary rather than competing ways to look at many existing empirical regularities....
Persistent link: https://www.econbiz.de/10008732327
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Ancestry, language and culture
Spolaore, Enrico; Wacziarg, Romain - 2015
We explore the interrelationships between various measures of cultural distance. We first discuss measures of genetic distance, used in the recent economics literature to capture the degree of relatedness between countries. We next describe several classes of measures of lin-guistic, religious,...
Persistent link: https://www.econbiz.de/10010533086
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Technology and education : computers, software, and the internet
Bulman, George; Fairlie, Robert W. - 2015
inputs that may be more or less efficient, and time allocated to using technology may displace traditional classroom … interventions that provide supplemental funding for technology or additional class time, and thus favor finding positive effects …
Persistent link: https://www.econbiz.de/10011374202
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Collective versus decentralized wage bargaining and the efficient allocation of resources
Cai, Xiaoming; Gautier, Pieter; Watanabe, Makoto - 2015 - September 2012
disadvantage is that it takes more time before an optimal allocation is reached because more productive firms (for a particular …
Persistent link: https://www.econbiz.de/10011309217