Showing 1 - 10 of 528
During the Panic of 1907, New York City trust companies were not members of the New York Clearinghouse whereas trust companies in Chicago were members of the Chicago Clearinghouse. We argue that the apparent isolation of New York City trust companies from the pool of bank reserves controlled by...
Persistent link: https://www.econbiz.de/10010397565
Motivated by the recent reversal in labor productivity growth, this paper is analyzing the relationship between R&D expenditures and productivity. Time series data of the German manufacturing industry is used to estimate a variable cost function, with the stock of knowledge being modeled as a...
Persistent link: https://www.econbiz.de/10010291695
firms, the flow of technology and the migration of people. These rules have to make sure that individuals, individual … whether new technology is found. Except for TRIMS, an international investment code has not been established. Conventions have …
Persistent link: https://www.econbiz.de/10010291767
. In particular, if the observed wage inequality response to price and technology shocks reflects a short-run response in …, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality …
Persistent link: https://www.econbiz.de/10010292022
estimate a model of time allocation that emphasizes the role of home production technology. We find it necessary to consider … both labor-augmenting technology and total factor productivity in home production. Based on the estimated model, we study … production technology and wage heterogeneity highlighted. …
Persistent link: https://www.econbiz.de/10010292260
vertically integrated when the producing industry is more technology intensive and the supplying industry is less technology … producer\\\'s costs. These results are generally robust and hold with alternative measures of technology intensity, with …
Persistent link: https://www.econbiz.de/10010292957
differences, unobserved region-industry factor quality differences and variation in production technology across industries. We … findings, including multiple cones of diversification, region-industry technology differences, agglomeration and increasing …
Persistent link: https://www.econbiz.de/10010293049
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non-marginal stochastic jump processes. From the model analytics we determine that the average magnitude and frequency of non-marginal stochastic jump processes are the most important...
Persistent link: https://www.econbiz.de/10010293106
This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United … technology are present throughout the United States, the impacts of trade tend to be more geographically concentrated, owing in … separately identify the impacts of recent changes in trade and technology on U.S. regional economies. …
Persistent link: https://www.econbiz.de/10010293232
Im Zuge der Globalisierung nimmt die Intensität der Beziehungen zwischen Nationen, zwischen Unternehmen und zivilgesellschaftlichen Akteuren zu. Transnationale Normbildungsnetzwerke entstehen, die einen bislang wenig bekannten Einfluss auf alle Lebensbereiche (Wirtschafts- und...
Persistent link: https://www.econbiz.de/10010293521