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We develop an analysis of ex ante monitoring of risky projects in banking. If protected from competition, banks are more concerned about not catching good risk projects when the perceived state of the economy improves, while they are more concerned about being induced to finance bad risk...
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We examine the link between Internet usage and political ignorance. We construct a novel Index as a direct measure of … and being representative for the German electorate. The empirical results show that in the earlier years of Internet … diffusion there is a negative link between using the Internet and political ignorance. This link changes sign in later years of …
Persistent link: https://www.econbiz.de/10012816338
This paper analyzes peer effects among university scientists. Specifically, it investigates whether the number of peers and their average quality affects the productivity of researchers in physics, chemistry, and mathematics. The usual endogeneity problems related to estimating peer effects are...
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recognized in German discourses. -- Philosophy ; ethics ; theory of probability ; theory of knowledge ; animal spirits …
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Through a survey, economic value estimates were obtained on 962 inventions made in the United States and Germany and on which German patent renewal fees were paid to full-term expiration in 1995. A search of subsequent U.S. and German patents yielded a count of citations to those patents....
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