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Macroeconomic shocks and labour-market institutions jointly determine employment growth and economic performance. The effect of shocks depends on the nature of these intitutions and the effect of institutional change depends on the macroeconomic environment. It follows that a given set of...
Persistent link: https://www.econbiz.de/10011412386
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non-marginal stochastic jump processes. From the model analytics we determine that the average magnitude and frequency of non-marginal stochastic jump processes are the most important...
Persistent link: https://www.econbiz.de/10009729702
In "new" new international trade theory, whether firms export or not are determined by their productivity. These models assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose an alternative way to model whether firms export...
Persistent link: https://www.econbiz.de/10009730710
limitations of the available data, and the potential implications of common ownership for competition in Australia. …
Persistent link: https://www.econbiz.de/10012513226
This paper studies if competition affects subsequent risk-taking behaviour by means of a laboratory experiment that … manipulates the degree of competitiveness of the environment under equivalent monetary incentives. We find that competition …
Persistent link: https://www.econbiz.de/10011664419
Does gender play a role in the context of team work? Our results based on a real-effort experiment suggest that performance depends on the composition of the team. We find that female and male performance differ most in mixed teams with revenue sharing between the team members, as men put in...
Persistent link: https://www.econbiz.de/10003248141
. Transitioning from 1970 to 2016 levels of competition yields welfare gains equivalent to a one-time transfer worth between 1.87 and …
Persistent link: https://www.econbiz.de/10012147023
Recent human capital theories predict that labor market frictions and product market competition influence firm …, product market competition does not have an effect on firm-sponsored training. We conclude that increasing competition through …-sponsored training ; labor market frictions ; product market competition ; matched worker-firm data …
Persistent link: https://www.econbiz.de/10003975223
Welfare and Competition tool (WELCOM), to estimate with minimum data requirements the direct distributional effects of market … telecommunications and corn products. The results show that increasing competition from four to 12 firms in the mobile telecommunications …
Persistent link: https://www.econbiz.de/10012418634
Important gender differences in earnings and career trajectories persist. Particularly, in professions such as business. Gender differences in competitiveness have been proposed as a potential explanation. Using an incentivized measure of competitiveness, this paper investigates whether...
Persistent link: https://www.econbiz.de/10011376220