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Genetic codes of mergers, post merger technology evolution and why mergers fail
Cuntz, Alexander (contributor) - 2008
This paper addresses the key determinants of merger failure, in particular the role of innovation (post … introduce a model of process innovation where merged firms exibit intra-merger spillover of knowledge under different market … that post-merger innovation performance, in particular with large spillover, increases the probability of survival, while …
Persistent link: https://www.econbiz.de/10003693092
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Does management matter in schools?
Bloom, Nicholas; Lemos, Renata; Sadun, Raffaella; Van … - 2014
Persistent link: https://www.econbiz.de/10010366952
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Discrete-time stochastic volatility models and MCMC-based statistical inference
Hautsch, Nikolaus (contributor); Ou, Yangguoyi (contributor) - 2008
In this paper, we review the most common specifications of discrete-time stochastic volatility (SV) models and illustrate the major principles of corresponding Markov Chain Monte Carlo (MCMC) based statistical inference. We provide a hands-on ap proach which is easily implemented in empirical...
Persistent link: https://www.econbiz.de/10003770817
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The impact of news on US household inflation expectations
Chao, Shih-Kang; Härdle, Wolfgang; Sheen, Jeffrey R.; … - 2017
Analysis of monthly disaggregated data from 1978 to 2016 on US household in ation expectations reveals that exposure to news on in ation and monetary policy helps to explain in ation expectations. This remains true when controlling for household personal characteristics, their perceptions of the...
Persistent link: https://www.econbiz.de/10011657291
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How successful have trade unions been? : A utility-based indicator of union well-being
Pencavel, John H. (contributor) - 2008
Persistent link: https://www.econbiz.de/10003778708
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Technological choice under organizational diseconomies of scale
Schöttner, Anja (contributor); Deffains, Bruno (contributor) - 2006
With adverse selection, diseconomies of scale associated with hierarchies may induce the implementation of a second-best technology. This occurs whenever rents to lower tiers of the hierarchy increase faster than total surplus. This is more likely with longer hierarchies. -- Adverse Selection ;...
Persistent link: https://www.econbiz.de/10003324427
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Long-term orientation in family and non-family firms : a Bayesian analysis
Block, Jörn (contributor); Thams, Andreas (contributor) - 2007
A stronger long-term orientation is considered a competitive advantage of family firms relative to non-family firms. In this study, we use panel data of U.S. firms and analyze this proposition. Our findings are surprising. Only in when the family is involved in the management of the firm is the...
Persistent link: https://www.econbiz.de/10003634985
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What do financial markets think of war in Iraq?
Leigh, Andrew (contributor); Wolfers, Justin (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001930027
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Did unilateral divorce laws raise divorce rates? : A reconciliation and new results
Wolfers, Justin (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001935728