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Using the introduction of the euro as a natural experiment, we provide economy-wide evidence for money illusion based … effect between 2.4% and 7.6%. Compared to previous studies on money illusion in the course of the euro currency changeover …
Persistent link: https://www.econbiz.de/10011316505
The real options investment theory shows that greater uncertainty about market revenues reduces current R&D investment … market uncertainty on R&D investment. …
Persistent link: https://www.econbiz.de/10003359656
Real options investment theory predicts current investment falls as uncertainty about market returns increases. In the … how patent protection influences this relationship. Patent protection, by limiting the threat of market rivalry, should …
Persistent link: https://www.econbiz.de/10003671163
newly available statistical data this paper provides a descriptive overview on the market for childcare in Germany from a …
Persistent link: https://www.econbiz.de/10003761012
We present and estimate a model of competition in a two-sided market: the market for magazine readership and …
Persistent link: https://www.econbiz.de/10002515438
subsidisation, price effects ensuing from a hypothetical world oil price reduction linked to substitution in the EU market, and …
Persistent link: https://www.econbiz.de/10003728599
This paper analyses the growth effects of EU structural funds using a new panel dataset of 124 NUTS-1 / NUTS-2 regions over the time period 1995-2005. We extend the current literature with regard to at least three aspects: First of all, we extend the time period of investigation, using...
Persistent link: https://www.econbiz.de/10003770912
The current empirical literature on the impact of EU Cohesion Policy on the economic growth rates of the European regions mainly relies on functional form assumptions. However, it is ex ante not clear which functional form is appropriate with regard to the relationship between structural funds...
Persistent link: https://www.econbiz.de/10003784703
"where-flexibility" of emission abatement thus represents an attractive market-based alternative to the application of border …
Persistent link: https://www.econbiz.de/10003777863
Persistent link: https://www.econbiz.de/10002110260