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Windows of technological opportunity: do technological booms influence the relationship between firm size and innovativeness?

Degner, Harald - 2010

Many papers have been written about the effect of firm size on innovativeness, revealing a positive, a negative or a mixed impact. To this day, the so-called Schumpeterian hypothesis of the above-average innovativeness of large firms has been neither confirmed nor rejected, often because of...

Persistent link: https://www.econbiz.de/10010299992

Große und kleine Unternehmen in der Krise von 1900 - 1902

Baten, Jörg - 2001

Die Krise von 1900-1902 wird oft in der deutschen Geschichtsschreibung vernachlässigt, weil die achtzig Jahre zwischen 1870 und 1950 von zahlreichen Krisen gezeichnet wurden: die Gründerkrise nach 1873, die Inflationsjahre nach dem ersten Weltkrieg und die Weltwirtschaftskrise führten zu...

Persistent link: https://www.econbiz.de/10010305046

Stock markets and business cvycle comovement in Germany before World War I: evidence from spectral analysis

Ritschl, Albrecht; Uebele, Martin - 2005

This paper examines the comovement of the stock market and of real activity in Germany before World War I under the efficient market hypothesis. We employ multivariate spectral analysis to compare rivaling national product estimates to stock market behavior in the frequency domain. Close...

Persistent link: https://www.econbiz.de/10010263613

Tracking down the business cycle: a dynamic factor model for Germany 1820-1913

Sarferaz, Samad; Uebele, Martin - 2007

We use a Bayesian dynamic factor model to measure Germany's pre World War I economic activity. The procedure makes better use of existing time series data than historical national accounting. To investigate industrialization we propose to look at comovement between sectors. We find that...

Persistent link: https://www.econbiz.de/10010263692

Term structure and cyclicity of value-at-risk: consequences for the solvency capital requirement

Bec, Frédérique; Gollier, Christian - 2009

the European rules regarding the solvency capital requirements for insurance companies should adapt to the state of the …

Persistent link: https://www.econbiz.de/10010264597

Heterogeneous Risk Preferences and the Welfare Cost of Business Cycles

Schulhofer-Wohl, Sam - 2007

others. Relatively more risk-averse people buy insurance against aggregate risk, and relatively less risk-averse people sell … insurance. These trades reduce the welfare cost of business cycles for everyone. Indeed, the least risk-averse people benefit … small welfare losses. In other words, when there are complete insurance markets, aggregate uctuations in consumption are …

Persistent link: https://www.econbiz.de/10010282644

The dynamics of women's labour supply in developing countries

Bhalotra, Sonia; Umaña-Aponte, Marcela - 2010

fertility. These findings suggest that insurance motives underpin the dynamics of women's work participation. Examination of …

Persistent link: https://www.econbiz.de/10010269754

Women's labour supply and household insurance in Africa

Bhalotra, Sonia; Umaña-Aponte, Marcela - 2012

This paper investigates whether cyclical variation in women's labour supply in Africa contributes to smoothing household consumption. We find little support for this hypothesis. Using comparable individual data on about 0.5 million women in 30 Sub-Saharan African countries merged with country...

Persistent link: https://www.econbiz.de/10010319938