Narrow search
Showing 1 - 10 of 270
Cover Image
Fettered Consumers and Sophisticated Firms: Evidence from Mexico's Privatized Social Security Market
Duarte, Fabian; Hastings, Justine S. - National Bureau of Economic Research (NBER) - 2012
This paper brings new evidence from the privatized social security system in Mexico, offering insight into investment behavior and the efficacy of government "nudges" in the context of profit maximizing firms. We use administrative data from the social security system surrounding the government...
Persistent link: https://www.econbiz.de/10010950659
Cover Image
Limited Managerial Attention and Corporate Aging
Loderer, Claudio; Stulz, René; Waelchli, Urs - National Bureau of Economic Research (NBER) - 2013
in a better position to hire employees that can help with innovation. In contrast, competition in the market for …
Persistent link: https://www.econbiz.de/10010950710
Cover Image
Hoping to Win, Expected to Lose: Theory and Lessons on Micro Enterprise Development
Karlan, Dean; Udry, Christopher; Knight, Ryan - National Bureau of Economic Research (NBER) - 2012
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10010950711
Cover Image
Advertising and Competition in Privatized Social Security: The Case of Mexico
Syverson, Chad; Hastings, Justine S.; Hortaçsu, Ali - National Bureau of Economic Research (NBER) - 2013
This paper examines how advertising impacts competition and equilibrium prices in the context of a privatized pension market. We use detailed administrative data on fund manager choices and worker characteristics at the inception of Mexico's privatized social security system, where fund managers...
Persistent link: https://www.econbiz.de/10010951291
Cover Image
Consumer Heterogeneity and Paid Search Effectiveness: A Large Scale Field Experiment
Blake, Tom; Nosko, Chris; Tadelis, Steven - National Bureau of Economic Research (NBER) - 2014
Internet advertising has been the fastest growing advertising channel in recent years with paid search ads comprising the bulk of this revenue. We present results from a series of large scale field experiments done at eBay that were designed to measure the causal effectiveness of paid search...
Persistent link: https://www.econbiz.de/10011262794
Cover Image
Measuring the Returns to R&D: The Depreciation Problem
Hall, Bronwyn H - National Bureau of Economic Research (NBER) - 2007
Measuring the private returns to R&D requires knowledge of its private depreciation or obsolescence rate, which is inherently variable and responds to competitive pressure. Nevertheless, most of the previous literature has used a constant depreciation rate to construct R&D capital stocks and...
Persistent link: https://www.econbiz.de/10005079183
Cover Image
Information Technology, Workplace Organization and the Demand for Skilled Labor: Firm-Level Evidence
Bresnahan, Timothy; Brynjolfsson, Erik; Hitt, Lorin M. - National Bureau of Economic Research (NBER) - 1999
Recently, the relative demand for skilled labor has increased dramatically. We investigate one of the causes, skill-biased technical change. Advances in information technology (IT) are among the most powerful forces bearing on the economy. Employers who use IT often make complementary...
Persistent link: https://www.econbiz.de/10005085003
Cover Image
Employment, Innovation, and Productivity: Evidence from Italian Microdata
Hall, Bronwyn H; MAIRESSE, Jacques; Lotti, Francesca - National Bureau of Economic Research (NBER) - 2007
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … stemming from process innovation. The sources of employment growth during the period are split equally between the net … contribution of product innovation and the net contribution from sales growth of old products. However, the contribution of product …
Persistent link: https://www.econbiz.de/10005085135
Cover Image
When Should Sellers Use Auctions?
Roberts, James W.; Sweeting, Andrew - National Bureau of Economic Research (NBER) - 2011
A bidding process can be organized so that offers are submitted simultaneously or sequentially. In the latter case, potential buyers can condition their behavior on previous entrants' decisions. The relative performance of these mechanisms is investigated when entry is costly and selective,...
Persistent link: https://www.econbiz.de/10009372444
Cover Image
Recent Research on the Economics of Patents
Hall, Bronwyn H; Harhoff, Dietmar - National Bureau of Economic Research (NBER) - 2012
on patents as an incentive for innovation, the effectiveness of patents for invention disclosure, patent valuation, and …
Persistent link: https://www.econbiz.de/10009421975