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Gruppenvergleiche bei hypothetischen Konstrukten - Die Prüfung der Übereinstimmung von Messmodellen mit derStrukturgleichungsmethodik

Temme, Dirk; Hildebrandt, Lutz - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2008

Comparing groups with respect to hypothetical constructs requires that the measurement models are equal across groups. Otherwise conclusions drawn from the observed indicators regarding differences at the latent level (mean differences, differences in the structural relations) might be severly...

Persistent link: https://www.econbiz.de/10005860521

Credit Constraints as a Barrier to the Entryand Post-Entry Growth of Firms

Aghion, Philippe; Fally, Thibault; Scarpetta, Stefano - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

Advanced market economies are characterized by a continuous process of creativedestruction. Market forces and technological developments play a major role in shaping thisprocess, but institutional and policy settings also influence firms´ decision to enter, to expandif successful and to exit if...

Persistent link: https://www.econbiz.de/10005861084

Increasing Dominance - the Role of Advertising,Pricing and Product Design

Kretschmer, Tobias; Rösner, Mariana - Universität <München> / Fakultät für Betriebswirtschaft - 2010

Despite the empirical relevance of advertising strategies in concentrated markets,the economics literature is largely silent on the effect of persuasive advertisingstrategies on pricing, market structure and increasing (or decreasing) dominance.In a simple model of persuasive advertising and...

Persistent link: https://www.econbiz.de/10009418801

The dynamic effects of shocks to wages and prices in the United States and the euro area

Duarte, Rita; Marques, Carlos Robalo - European Central Bank - 2009

a special focus on persistence of real wages,wage and price inflation. The analysis is conducted within a structural …, as well as the cointegrating properties of theestimated system. Overall, in the long run, wage and price inflation emerge …

Persistent link: https://www.econbiz.de/10005866514

An Open Economy New Keynesian Phillips Curve: Evidence from Hong Kong

Genberg, Hans; Pauwels, Laurent L. - Institut für Schweizerisches Bankwesen <Zürich>; … - 2003

This paper extends Galí and Gertlers (1999) new hybrid KeynesianPhillips curve to the open economy context. We hypothesise that pricing decisionsdepend on both labour costs and intermediate imported input prices. The results forHong Kong are consistent with the theory if import prices are...

Persistent link: https://www.econbiz.de/10005858316

Modeling the link between US inflation and output: the importance of the uncertainty channel

Conrad, Christian; Karanasos, Menelaos - Alfred-Weber-Institut für Sozial- und …; … - 2010

we examine the twelve potential intertemporal relationships between inflation,growth and their respective uncertainties … nominaluncertainty. Output growth boosts inflation but mainly indirectly through areduction in real uncertainty. Our findings highlight … inflation and growth works to a large extend indirectly via theuncertainty channel.[...] …

Persistent link: https://www.econbiz.de/10009248990

Modeling Volatility Spillovers between the Variabilities of US Inflation and Output: theUECCC GARCH Model

Conrad, Christian; Karanasos, Menelaos - Alfred-Weber-Institut für Sozial- und …; … - 2008

find that inflation uncertainty effects output variability positively,while output variability has a negative effect on … inflation uncertainty.[...] …

Persistent link: https://www.econbiz.de/10009262197

The impact of reference norms on inflation persistence when wages are staggered

Knell, Mark; Stiglbauer, Alfred - European Central Bank - 2009

In this paper we present an extension of the Taylor model with staggered wages inwhich wage-setting is also influenced by reference norms (i.e. by benchmark wages).We show that reference norms can considerably increase the persistence of inflationand the extent of real wage rigidity but that...

Persistent link: https://www.econbiz.de/10005866627

Reforming transport pricing: an economic perspective on equity, efficiency and acceptability

Mayeres, Inge; Proost, Stef - 2003

This paper deals with the reforming transport pricing in Belgium. An economic perspective on equity, efficiency and …

Persistent link: https://www.econbiz.de/10005847859

Aid Effectiveness and Limited Enforceable Conditionality

Scholl, Almuth - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2005

This paper analyzes optimal foreign aid policy in a neoclassical frameworkwith a conflict of interest between the donor and the recipient government.Aid conditionality is modelled as a limited enforceable contract. We defineconditional aid policy to be self-enforcing if, at any point in time,...

Persistent link: https://www.econbiz.de/10005861873