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Measuring the effectiveness of salespeople : evidence from a cold-drink market
Jin, Haofeng; Lu, Zhentong - 2021 - Last updated: August 20, 2021
Salespeople are widely employed in many industries and are perceived as an effective marketing strategy. However, due to lack of field data, direct empirical evidence on the effectiveness of salespeople is scarce. In this paper, leveraging a unique retail sales data set from a leading Chinese...
Persistent link: https://www.econbiz.de/10012604750
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International spillovers of policy uncertainty
Klößner, Stefan; Sekkel, Rodrigo - 2014
Using the Baker et al. (2013) index of policy uncertainty for six developed countries, this paper estimates spillovers of policy uncertainty. We find that spillovers account for slightly more than one-fourth of the dynamics of policy uncertainty in these countries, with this share rising to...
Persistent link: https://www.econbiz.de/10010443070
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Predicting payment migration in Canada
Kosse, Anneke; Lu, Zhentong; Xerri, Gabriel - 2020 - Last updated: September 14, 2020
Canada currently has two core payment systems for processing funds transfers between financial institutions: the Large Value Transfer System (LVTS) and the Automated Clearing Settlement System (ACSS). These systems will be replaced over the next years by three new systems: Lynx, the Settlement...
Persistent link: https://www.econbiz.de/10012286398
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Quantifying the economic benefits of payments modernization: the case of the large-value payment system
Arjani, Neville; Li, Fuchun; Lu, Zhentong - 2021 - Last updated: December 17, 2021
In this paper, we develop a discrete choice framework to quantify the economic benefits of payments modernization in Canada. Focusing on Canada's large-value transfer system (LVTS), we first estimate participants' preferences for liquidity cost, payment safety and the network effect by...
Persistent link: https://www.econbiz.de/10012705088
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On causal networks of financial firms : structural identification via non-parametric heteroskedasticity
Hipp, Ruben - 2020 - Last updated: October 15, 2020
We investigate the causal structure of financial systems by accounting for contemporaneous relationships. To identify structural parameters, we introduce a novel non-parametric approach that exploits the fact that most financial data empirically exhibit heteroskedasticity. The identification...
Persistent link: https://www.econbiz.de/10012297541
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Speculators, prices and market volatility
Brunetti, Celso; Buyuksahin, Bahattin; Harris, Jeffrey H. - 2015
We analyze data from 2005 through 2009 that uniquely identify categories of traders to assess how speculators such as hedge funds and swap dealers relate to volatility and price changes. Examining various subperiods where price trends are strong, we find little evidence that speculators...
Persistent link: https://www.econbiz.de/10011408618
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Productivity, the terms of trade and the real exchange rate : the Balassa-Samuelson hypothesis revisited
Choudhri, Ehsan U. - 2009
example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. -- Exchange rates ; Productivity …
Persistent link: https://www.econbiz.de/10003933283
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How changes in oil prices affect the macroeconomy
DePratto, Brian; De Resende, Carlos; Maier, Philipp - 2009
economically small. -- Economic models ; Interest rates ; Transmission of monetary policy ; Productivity ; Potential output …
Persistent link: https://www.econbiz.de/10003933367
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Labour reallocation, relative prices and productivity
Cao, Shutao; Leung, Danny - 2010
most recent data available. It examines the determinants of these flows and their relationship with the productivity growth …, shifts of employment labour between industries have generally not contributed positively to aggregate labour productivity … rates within industries are found to be strongly related to multifactor productivity and labour productivity growth at the …
Persistent link: https://www.econbiz.de/10003933394
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Exchange rate fluctuations, plant turnover and productivity
Tomlin, Ben - 2010
productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level … structural model that captures the effect of plantlevel productivity and real exchange rate fluctuations on plant entry and exit … decisions in the Canadian agricultural implements industry, and how this, in turn, affects aggregate productivity. The model …
Persistent link: https://www.econbiz.de/10003996850