STEM-skill intensive and are associated with innovation, as well as with technology adoption, management, and diffusion … effect goes beyond the employment of R&D workers, extending to ICT and other techies. In non-manufacturing firms, the impact … of techies on productivity operates mostly through ICT and other techies, not R&D workers. Engineers have a greater …

We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in … between the returns to innovation. In differentiated industries, cannibalization is lower and firms invest more in product … innovation. In homogeneous industries, firms internalize intra-firm spillovers and invest more in process innovation. We test …

Crisis, the COVID-19 pandemic and the Ukrainian War. Using the most recent developments in local Gaussian partial correlation …

version of the Gaussian dynamic conditional correlation (DCC) model proposed by Engle (2002), and show that the t-DCC model …

This paper proposes a novel regularisation method for the estimation of large covariance matrices, which makes use of …

is poor, asset return correlation affects ownership structure in a positive way. Higher return correlation lowers the … countries where stock return correlation is higher, and that the magnitude of this effect is larger in countries where investor …