Showing 1 - 10 of 114
This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
Persistent link: https://www.econbiz.de/10012422081
This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
Persistent link: https://www.econbiz.de/10012831402
This paper examines whether central bank communication stabilises euro area inflation expectations through the … visitors’ attention to its communication. We conduct several econometric tests with daily data to measure the impact of ECB … communication on the information demand of the public and ultimately on inflation expectations. Overall, this study shows that …
Persistent link: https://www.econbiz.de/10013227730
This paper documents the modes of organization of the budget process in ten CEEC and examines the relationship between …
Persistent link: https://www.econbiz.de/10011604261
The objective of this paper is to investigate which factors - macroeconomic, policy - related or institutional - foster the implementation of structural reforms. To this objective, we look at episodes of structural reforms over three decades across 40 OECD and EU countries and link them to such...
Persistent link: https://www.econbiz.de/10011804393
The objective of this paper is to investigate which factors ‐ macroeconomic, policy‐related or institutional ‐ foster the implementation of structural reforms. To this objective, we look at episodes of structural reforms over three decades across 40 OECD and EU countries and link them to...
Persistent link: https://www.econbiz.de/10012953484
This paper attempts to estimate comparable efficiency scores for European banks operating in the Single Market in the EU. Using a data set of more than 5000 large commercial banks from all major European banking markets over the period 1993-2004, the application of meta-frontiers enables us to...
Persistent link: https://www.econbiz.de/10011604747
exploitation of knowledge as an input across the hierarchy and the associated communication costs. We relate these metrics to host …We explore the nature of Business Groups, that is network-like forms of hierarchical organization between legally … are in line with the theoretical framework of knowledge-based hierarchies developed by the literature, in which intangible …
Persistent link: https://www.econbiz.de/10011605599
World trade and production are increasingly structured around “global value chains” (GVCs). The last years have witnessed a growing number of case studies describing at the product level how production is internationally fragmented, but there is little evidence at the aggregate level on the...
Persistent link: https://www.econbiz.de/10011605722
exploitation of knowledge as an input across the hierarchy and the associated communication costs. We relate these metrics to host …We explore the nature of Business Groups, that is network-like forms of hierarchical organization between legally … are in line with the theoretical framework of knowledge-based hierarchies developed by the literature, in which intangible …
Persistent link: https://www.econbiz.de/10013081466