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This paper reviews the characteristics and magnitude of information technology (IT) outsourcing as well as studies its labor productivity effects with a representative sample of Finnish businesses. Depending on the IT task in question, on average from one-third to two-thirds of IT has been...
Persistent link: https://www.econbiz.de/10010273029
The whole financial sector has been under a remarkable structural change, and one of the major contributing forces has been the rapid advance in information processing based on digital technology. The purpose of this paper is to model the influence of advancing information and transaction...
Persistent link: https://www.econbiz.de/10010284915
This paper gives an overview of some issues related to market valuation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...
Persistent link: https://www.econbiz.de/10011506563
This paper aims to provide new insights into the analysis of National Innovation Systems (NIS). Whereas the common approach is to analyze specific parts or a defined set of actors and their interactions, this paper attempts to take a more systemic approach by analyzing results of 13 surveys...
Persistent link: https://www.econbiz.de/10010273079
This paper complements macroeconomic indicators for macroprudential policy with information from microeconomic survey … data from the Household Finance and Consumption Survey (HFCS), to identify pockets of risk in the Belgian mortgage market … outstanding mortgage debt in Belgium. All in all, this paper shows that survey data can complement macro data for macroprudential …
Persistent link: https://www.econbiz.de/10011786084
This paper reports the results of an ad hoc survey on price-setting behaviour conducted in February 2004 among 2 … contracts) and real rigidities (including flat marginal costs and counter-cyclical movements in desired mark-ups). The survey …
Persistent link: https://www.econbiz.de/10011506587
nominal rigidities. It uses a unique dataset collected through a firm-level survey conducted in a broad range of countries and …
Persistent link: https://www.econbiz.de/10011506694
Survey results in 15 European countries for almost 15,000 firms reveal that Belgian firms react more than the average …
Persistent link: https://www.econbiz.de/10011506713
The importance of data and different sources of knowledge in the development of new services and products, and further in the creation of new markets, has dramatically increased during the past few decades. This empirical study uses data from 531 Finnish firms to explore the determinants of...
Persistent link: https://www.econbiz.de/10010326898
The purpose of this paper is to estimate the effect of durable goods and ICT on Euro Area economic growth and productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer durables impacts both the levels and growth rates of the...
Persistent link: https://www.econbiz.de/10010273013