Narrow search
Showing 1 - 10 of 88
Cover Image
Monetary commitment, institutional constraints and inflation: empirical evidence for OECD countries since the 1970s
Freytag, Andreas; Schneider, Friedrich G. - 2007
Central bank independence (CBI) is a very important precondition for price stability. However, the empirical evidence for a correlation between both is relatively weak. In this paper, this weakness is countered with a) an extended measure of monetary commitment, which includes well-known...
Persistent link: https://www.econbiz.de/10010276593
Cover Image
Globalisation and Inflation in OECD Countries
Pehnelt, Gernot - 2007
During the last two decades, the world has experienced a remarkable process of disinflation, with average inflation … rates in industrialized countries falling by 10 percentage points and an even sharper decline of the mean rate of inflation … in developing countries. Parallel to the decline in inflation rates, a tremendous increase in economic integration …
Persistent link: https://www.econbiz.de/10010263812
Cover Image
Turbulence in high growth and declining industries
Baptista, Rui; Karaöz, Murat - 2007
We examine turbulence over the product life cycle using the lowest possible level of industry aggregation, allowing for the use of panel data to study the evolution of single product markets. We find that replacement of exiting firms by subsequent entry plays a primary role in generating...
Persistent link: https://www.econbiz.de/10010263805
Cover Image
Globalisation: countries, cities and multinationals
McCann, Philip; Ács, Zoltán J. - 2009
In this paper we explore the relationship between the size of a country, the size of its cities, and the economic performance of the country. In order to do this we integrate three different literature, namely the literature on optimal country size, literature on historical processes of...
Persistent link: https://www.econbiz.de/10010271791
Cover Image
Total factor productivity and the role of entrepreneurship
Erken, Hugo; Donselaar, Piet; Thurik, A. Roy - 2008
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different …
Persistent link: https://www.econbiz.de/10010276826
Cover Image
Is corporate R&D investment in high-tech sectors more effective?: some guidelines for European research policy
Ortega-Argilés, Raquel; Piva, Mariacristina; Potters, … - 2009
This paper discusses the link between R&D and productivity across the European industrial and service sectors. The … impact on labour productivity; this general result is largely consistent with previous literature in terms of the sign, the …, R&D investment is not the sole source of productivity gains; technological change embodied in gross investment is of …
Persistent link: https://www.econbiz.de/10010266646
Cover Image
Social identity, competition, and finance: a laboratory experiment
Bauernschuster, Stefan; Falck, Oliver; Große, Niels Daniel - 2009
or market structure. We address the question how competition among suppliers of finance interacts with trust and … trustworthiness in a laboratory one-shot trust game. In order to disentangle pure effects of competition and effects of competition … show that competition has no significant effects on trust and trustworthiness of individuals in a strangers’ framework …
Persistent link: https://www.econbiz.de/10010274054
Cover Image
Negative and positive effects of competition in a preemption game
Suzuki, Toru - 2010
efficiency under mild competition. The effect of competition on the equilibrium strategy is different depending on which class of … show that the effect of competition on efficiency is different between the common value and the private value setting …. Strong competition leads to the least efficient equilibrium for the common value setting but efficiency can be improved by …
Persistent link: https://www.econbiz.de/10010281611
Cover Image
Signaling with performance and the effect of competition
Suzuki, Toru - 2010
violated. It is shown that more competition makes the equilibrium signaling more informative when the level of competition is … moderate. Moreover, the equilibrium signaling can perfectly reveal the ability under a certain level of competition. On the … other hand, too much competition always makes the equilibrium signaling less informative. …
Persistent link: https://www.econbiz.de/10010281680
Cover Image
Firms' differential innovative success and market dynamics
Cantner, Uwe - 2007
investigated with productivity levels as a proxy for technological performance and productivity changes as proxy for innovative …
Persistent link: https://www.econbiz.de/10010263832