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Summary Exchange rates have been found to be more volatile than underlying macroeconomic fundamentals. Researchers have argued that the empirically observed high exchange-rate volatility may result from herd behavior of foreign-exchange traders and forecasters. We sketch a standard model that...
Persistent link: https://www.econbiz.de/10014609295
In the online shopping environment, loyal customers are considered extremely valuable. Loyalty is generally attributed to satisfaction with the quality of service offered by the e-marketers' to their customers. The application of technology-based service has grown rapidly in the recent years,...
Persistent link: https://www.econbiz.de/10012043511
in relation to GIs' price-availability are too mild, not subtracting much from the overall CV indicating that consumers … consumers' mind between GI foods and their altruistic value in terms of the ethical character of their production. …
Persistent link: https://www.econbiz.de/10012044757
, meaning that the overall effect of rising concentration has been to lower prices. We suggest the difference is due to the …
Persistent link: https://www.econbiz.de/10014601274
Zusammenfassung Es wird eine explorative ökonometrische Untersuchung zum Zusammenhang von umweltfreundlicher Innovation mit Markt- bzw. Politiksignalen vorgelegt. Die Variablen für nachhaltige Innovation (spezielle Patentindikatoren) und die für eine rationale Erwartungsbildung geeigneten...
Persistent link: https://www.econbiz.de/10014608732
data metering, service contracts, and bundling voice, video, and data affect the prices consumers pay. We find that faster … speeds are correlated with higher prices, although prices increase at a decreasing rate as speeds increase. Additionally … bundles are more expensive than plans with fewer channels. Finally, the analysis shows tradeoffs consumers and suppliers make …
Persistent link: https://www.econbiz.de/10014618833
Abstract We study models of the formation of citation networks in a setting where authors/firms care about their citations and are rational. The effect of these two features on the diffusion of useful ideas in a setting with complete information about past citations leads to multiplicity of...
Persistent link: https://www.econbiz.de/10014618821
, but not in the probabilistic condition. Moreover, the treatment effect is strongest among firms which offer high wages. …
Persistent link: https://www.econbiz.de/10012042552
wages coupled with less regulations governing the labour market and the product market in the US has induced firms to employ … in skill premium but changes in relatives wages are related to changes in relative employment. 5. The differing … dispersion of wages is not a major contributor to differences in employment rates between Germany and the US. The jobs problem in …
Persistent link: https://www.econbiz.de/10014608668
covariates of the matching trend. It turns out that the evolution of real wages is a significant factor of mismatch in Germany …. There seems to be growing mismatch because the (demanded) feasible wage of firms does not coincide with reservation wages of … minimum wages has significantly contributed to increased matching activities.  …
Persistent link: https://www.econbiz.de/10014608672