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innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the …
Persistent link: https://www.econbiz.de/10012751345
, the U.K., and Germany, we construct beauty measures in different ways that allow placing lower bounds on the effects of …
Persistent link: https://www.econbiz.de/10013121060
price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …
Persistent link: https://www.econbiz.de/10013099824
adjustment. In the case of hospital competition, the key drivers of success appear to be what is competed on and measurable …
Persistent link: https://www.econbiz.de/10013075869
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012838354
We estimate the degree of amp;apos;stickinessamp;apos; in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a...
Persistent link: https://www.econbiz.de/10012772369
econometric performance of regime-switching models for interest rate data from the US, Germany and the UK. There is strong …
Persistent link: https://www.econbiz.de/10012774902
We define the Fisherian Golden Rule measure of bond market inflation expectations as the difference between bond rates and trend real GDP growth rates. The concept is based on the Fisherian theory that an increase in longer-term inflation expectations would be reflected in longer-term interest...
Persistent link: https://www.econbiz.de/10012786913
We measure the behavior of 1,114 CEOs in six countries parsing granular CEO diary data through an unsupervised machine learning algorithm. The algorithm uncovers two distinct behavioral types: “leaders” and “managers”. Leaders focus on multi-function, high-level meetings, while managers...
Persistent link: https://www.econbiz.de/10012960702
This paper provides evidence on child penalties in female and male earnings in different countries. The estimates are based on event studies around the birth of the first child, using the specification proposed by Kleven et al. (2018). The analysis reveals some striking similarities in the...
Persistent link: https://www.econbiz.de/10012893143