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This paper uses basic empirical facts from attention and perception psychology for a behavioral approach to equilibrium analysis at the industry and the macroeconomic level. The paper endogenously determines whether an economy is information-rich and whether scarcity of attention complements...
Persistent link: https://www.econbiz.de/10002694130
Based on complete population data, with the exact same definitions of family class background and economic outcomes for a large number of birth cohorts, we examine post‐war trends in intergenerational economic mobility in Norway. Despite only mild fluctuations in standard rank‐based summary...
Persistent link: https://www.econbiz.de/10011636666
Advertisements provide consumers with knowledge about private products, whereas political information is required to provide voters with knowledge of public issues. Modern information technologies and globalization are increasing the exposure of individuals to information. Goods advertising is...
Persistent link: https://www.econbiz.de/10003719635
To identify the determinants of cross-country disparities in personal computer and Internet penetration, we examine a … significant in most specifications for computer use. A similar pattern holds true for Internet use, except that telephone density … differentials. For computers, telephone density and regulatory quality are of second and third importance, while for the Internet …
Persistent link: https://www.econbiz.de/10002352517
total factor productivity. We provide empirical evidence in line with the predictions of our theory. …
Persistent link: https://www.econbiz.de/10011810338
This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the manufacturing sector of South Korea. Firms' behavior is defined according to empirical findings on the Korean Innovation Survey 2005 and captured in a multivariate probit...
Persistent link: https://www.econbiz.de/10009766256
Using uniquely rich administrative matched employer-employee data, we investigate the impact of formal network agreements (FNAs) among firms under two perspectives. First, we assess the impact of joining a FNA on several indicators of firm performance, and total factor productivity. Second, we...
Persistent link: https://www.econbiz.de/10013414729
that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first … ; taxation ; Australia ; Canada ; New Zealand ; United Kingdom ; United States …
Persistent link: https://www.econbiz.de/10003962818
population of immigrant pupils: Australia, Canada, France, Germany, the Netherlands, New Zealand, Sweden, Switzerland, the UK and …
Persistent link: https://www.econbiz.de/10002485607
Persistent link: https://www.econbiz.de/10002000815