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Persistent link: https://www.econbiz.de/10013342551
interest in the coordination aspect of the contract scholarship. The aim of this conceptual paper is to model blockchain as a …Blockchain technology is firmly established in the public awareness as a revolutionary new technology underpinning … coordination for online transactions. The model is intended to inform debates on the prospects for the blockchain technology and …
Persistent link: https://www.econbiz.de/10012141483
Although there are currently four retail central bank digital currencies in circulation, no central bank has yet issued the wholesale form of a central bank digital currency. There are good reasons to do so, however, and central banks have already conducted projects in this area. A wholesale...
Persistent link: https://www.econbiz.de/10014485127
(Australian Alliancing Contract) findet die terminliche Komponente Eingang in die gemeinsamen Entscheidungen des Projekt-Teams bei … of a building usually takes several years. At the time of signing the contract, it is often not yet clear what exactly … securing claims, rather than seeking solutions. By looking across national borders at other successful contract models, this …
Persistent link: https://www.econbiz.de/10014565931
Persistent link: https://www.econbiz.de/10011695883
In the context of the advancing digitalization of logistics processes, blockchain technologies are gaining in … develop a holistic management model to help users understand blockchain technologies in the context of their logistics network … sustainability and, in a further step, provide a holistic approach to the implementation of blockchain technologies. Methodologically …
Persistent link: https://www.econbiz.de/10014433977
In this paper, we outline a version of the New Area-Wide Model (NAWM) of the euro area designed for use in the (Broad) Macroeconomic Projection Exercises regularly undertaken by ECB/Eurosystem staff. We present estimation results for the NAWM that are obtained by employing Bayesian inference...
Persistent link: https://www.econbiz.de/10011604990
Using firm-level data for Belgium over the period 1997-2005, we evaluate the elasticity of firms' labour and real average labour compensation to microeconomic total factor productivity (TFP). Our results may be summarised as follows. First, we find that the elasticity of average labour...
Persistent link: https://www.econbiz.de/10011605067
Using data on product-level prices matched to the producing �rm�s unit labor cost, we reject the hypothesis of a full and immediate pass-through of marginal cost. Since we focus on idiosyncratic variation, this does not �t the predictions of the Ma´ckowiak and Wiederholt (2009) version of...
Persistent link: https://www.econbiz.de/10011605129
The paper studies the relevance of product heterogeneity for innovation dynamics using an agent-based model. The vantage point is a short a review on the empirical relevance of capability accumulation for innovation processes and an assessment of how these processes are modelled theoretically in...
Persistent link: https://www.econbiz.de/10012212599