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Firms' investment decisions in response to demand and price uncertainty
Fuss, Catherine; Vermeulen, Philip - 2004
We estimate the effect of demand and price uncertainty on firms’ investment decisions from a panel of manufacturing … investment, while price uncertainty is insignificant. This is consistent with the behavior of monopolistic firms with … firms. Uncertainty measures are derived from firms’ subjective qualitative expectations. They are close to their theoretical …
Persistent link: https://www.econbiz.de/10009639401
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An analysis of systemic risk in alternative securities settlement architectures
Iori, Giulia - 2004
This paper compares securities settlement gross and netting architectures. It studies settlement risk arising from exogenous operational delays and compares settlement failures between the two architectures as functions of the length of the settlement interval under different market conditions....
Persistent link: https://www.econbiz.de/10009639464
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In dubio pro CES
León-Ledesma, Miguel A.; McAdam, Peter; Willman, Alpo - 2010
Capital-labor substitution and total factor productivity (TFP) estimates are essential features of growth and income distribution models. In the context of a Monte Carlo exercise embodying balanced and near balanced growth, we demonstrate that the estimation of the substitution elasticity can be...
Persistent link: https://www.econbiz.de/10009640366
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Distributional dynamics under smoothly state-dependent pricing
Costain, James; Nakov, Anton - 2011
Starting from the assumption that firms are more likely to adjust their prices when doing so is more valuable, this paper analyzes monetary policy shocks in a DSGE model with firm-level heterogeneity. The model is calibrated to retail price microdata, and inflation responses are decomposed into...
Persistent link: https://www.econbiz.de/10009640772
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Provision of two online consumer surveys as support and evidence base to a Commission study : Identifying the maincross-border obstacles to the Digital Single Market and where they...
Europäische Kommission / Consumers, Health, …; … - 2015
right environment for the development and commercial success of digital innovation, and to maximise the growth of the …
Persistent link: https://www.econbiz.de/10012036392
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21st CEIES Seminar : “Innovation statistics — more than R & D indicators” ; Athens, 10 and 11 April 2003
Europäische Kommission / Statistisches Amt - 2003
Persistent link: https://www.econbiz.de/10009637057
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Entscheidung für Wachstum: Wissen, Innovation und Arbeit in einer auf Zusammenhalt gegründeten Gesellschaft
Europäische Kommission / Generalsekretariat - 2003
Persistent link: https://www.econbiz.de/10009637163
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Entscheidung für Wachstum: Wissen, Innovation und Arbeit in einer auf Zusammenhalt gegründeten Gesellschaft
Europäische Kommission / Generalsekretariat - 2003
Persistent link: https://www.econbiz.de/10009637164
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32nd CEIES Seminar : Innovation indicators - more than technology? Århus, Denmark - 5 and 6 February 2007
Europäische Kommission / Statistisches Amt - 2008
The 32nd CEIES seminar "Innovation indicators - more than technology?" was held on 5 and 6 February 2007 in Aarhus …, Denmark. This seminar provided an opportunity for national innovation statistics producers, data users and data providers to … Manual 2005 and its implementation (new types of innovation, more focus on service industries and on linkages, not just …
Persistent link: https://www.econbiz.de/10009638539
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The impact of culture on creativity : a study prepared for the European Commission (Directorate-General for Education and Culture)
KEA European Affairs <Brüssel> - 2009
Persistent link: https://www.econbiz.de/10009668605