Showing 1 - 10 of 92
What prevents the spread of information among coworkers, and which management practices facilitate workplace knowledge flows? We conducted a field experiment in a sales company, addressing these questions with three active treatments. (1) Encouraging workers to talk about their sales techniques...
Persistent link: https://www.econbiz.de/10012479184
moving from a Pareto to a lognormal distribution allows the Melitz model to match the role of the intensive margin in the EDD …. We use likelihood methods and the EDD to estimate a generalized Melitz model with a joint lognormal distribution for firm …
Persistent link: https://www.econbiz.de/10012480847
to make its distribution network in both space and time. Indivisibilities are found to create significant scale economies … in distribution …
Persistent link: https://www.econbiz.de/10012453191
where this discrepancy between the short- and long-run elasticities is due to frictions in distribution. Goods need to be … combined with a local non-traded input, distribution capital, which is good specific. Home and foreign goods may be close … substitutes, but if distribution capital is slow to adjust then agents cannot shift their consumption in the short run following a …
Persistent link: https://www.econbiz.de/10012459908
domestic distribution network to reach more buyers. Both elements require scale economies and lead to increased wholesaler … has benefits. Buyers gain access to globally sourced varieties, nationwide distribution networks, and increased quality …
Persistent link: https://www.econbiz.de/10014468236
both influencer and product markets. As outreach and distribution technologies improve, influencer payoffs and income …
Persistent link: https://www.econbiz.de/10014287344
potential loss of profit. By enabling firms to retain only a very small fraction of these potential revenues, the government can …
Persistent link: https://www.econbiz.de/10012471113
This paper examines the impact of capital gains taxes on equity pricing. Examining three-day cumulative abnormal returns for quarterly earning announcements from 1983-1997, we present evidence consistent with shareholders' capital gains taxes affecting stock price responses. To our knowledge,...
Persistent link: https://www.econbiz.de/10012471123
Why are higher quality niches seen as intrinsically more profitable in business circles? Why do high quality products sometimes have a low real price, while it is unusual to see low quality products with high real prices? Can markets have quality differentiation as well as quality bunching? In...
Persistent link: https://www.econbiz.de/10012471282
This paper evaluates the effects of fiscal policy on investment using a panel of OECD countries. In particular, we investigate how different types of fiscal policy affect profits and , as a result, investment. We find a sizable negative effect of public spending -- and in particular of its...
Persistent link: https://www.econbiz.de/10012471581