Showing 1 - 10 of 4,950
This paper examines the role of financial development and financial structure in explaining cross-country diffusion of information communication technology (ICT). Using panel data for 76 emerging and advanced countries for the period 1990-2003, the paper finds that credit and stock market...
Persistent link: https://www.econbiz.de/10005263968
Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired employees (entrants) receive their reservation wages....
Persistent link: https://www.econbiz.de/10008520169
unterstützen die aus der Literatur der industriellen Organisation bekannte Marktmacht-Hypothese. …
Persistent link: https://www.econbiz.de/10011250308
market power, but there is no theory on the ‚information power‘ of search engines. The concept of ‚search neutrality‘ is not …
Persistent link: https://www.econbiz.de/10010750347
market power, but there is no theory on the ‚information power‘ of search engines. The concept of ‚search neutrality‘ is not …
Persistent link: https://www.econbiz.de/10010820106
This paper is concerned with the question of how to deal with Google Shopping’s position on online markets in order to prevent harm to public welfare. From the perspective of sellers and buyers of goods and services in Germany, Google can be seen as a gatekeeper to the Internet and thus as an...
Persistent link: https://www.econbiz.de/10011123609
zu beurteilen, ob die Ausübung von Marktmacht die Ressourcenallokation auf den deutschen und ungarischen … Ausübung von Marktmacht bedingten Verzerrungen allerdings als gering anzusehen sind. Die Schätzungen implizieren, dass die …, dass die Marktmacht der Verarbeiter im deutschen Schweinesektor abnehmend ist, während sie sich im ungarischen Sektor …
Persistent link: https://www.econbiz.de/10011142851
Financial innovation has increased diversification opportunities and lowered investment costs, but has not reduced the relative cost of active (informed) investment strategies relative to passive (less informed) strategies. What are the consequences? I study an economy with linear production...
Persistent link: https://www.econbiz.de/10008777027
innovations. The theory is supported with historical evidence about the technological environment and industrial conditions at the …
Persistent link: https://www.econbiz.de/10008509916
This paper overviews the main interactions between product market competition and long run growth.We focus on the first generation of R&D-based growth models and keep distinguished the vertical from the horizontal differentiation approaches. Our main objective is to study why these two branches...
Persistent link: https://www.econbiz.de/10005007269