Showing 1 - 10 of 148
Management has a large effect on the productivity of large firms. But does management matter in micro and small firms …
Persistent link: https://www.econbiz.de/10013016653
tail of extremely badly managed firms. We find that poor management practices are more prevalent when (a) product market …We use an innovative survey tool to collect management practice data from 732 medium sized manufacturing firms in the …-level productivity, profitability, Tobin%u2019s Q, sales growth and survival rates. Management practices also display significant cross …
Persistent link: https://www.econbiz.de/10012752282
To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of … hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to … associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market …
Persistent link: https://www.econbiz.de/10013125922
Safe assets are demanded to smooth consumption across states (both intertemporally and in cross-section). Some of these assets are supplied publicly (government bonds) and some are created and supplied privately (such as mortgagebacked securities and asset-backed securities). Private assets are...
Persistent link: https://www.econbiz.de/10013087882
In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within … their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market … advantage. While trade costs, foreign production costs, and taste heterogeneity all matter for market outcomes, we find that a …
Persistent link: https://www.econbiz.de/10013014669
behavior in the car market. We show that a social planner can use leasing contracts to improve welfare but they are imperfect … tools; they cannot generally achieve first best while other mechanisms can. We also show that a producer with market power … can benefit from leasing contracts for two reasons: better pricing of the option of keeping the used good, and market …
Persistent link: https://www.econbiz.de/10012774893
Digital platforms like Uber can enhance market transparency and mitigate moral hazard via ratings of buyers and sellers …
Persistent link: https://www.econbiz.de/10012911461
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find … that product market regulations affect time devoted to market work in effectively the same fashion as do taxes on labor …
Persistent link: https://www.econbiz.de/10012760396
the seemingly failure of the private insurance market to provide coverage for terrorism losses after the attack on … September 11, 2001. This paper surveys the evidence of the supposed private market failures after 9/11 and the arguments for …
Persistent link: https://www.econbiz.de/10012762520
We study short-term market risks implied by weekly S&P 500 index options. The introduction of weekly options has … short-term risks. Such short-dated options provide an easy and direct way to study market volatility and jump risks. Unlike … shape of the negative market jump tail risk which is not spanned by market volatility. Incidents of such tail shape shifts …
Persistent link: https://www.econbiz.de/10013017079