Showing 1 - 10 of 1,625
Evidence on the portfolio holdings and transaction patterns of households suggests that the burden of inflation is not evenly distributed. We build a monetary growth model consistent with key features of cross- sectional household data and use this framework to study the distributional impact of...
Persistent link: https://www.econbiz.de/10010292039
One of the greatest concerns over globalisation is its impact on the environment. This paper contributes to this debate by analysing the consequences of becoming an exporter on a firm's energy consumption. We show both theoretically and empirically that for low fuel intensity firms exporting...
Persistent link: https://www.econbiz.de/10010292844
for detailed test score and family background differences and of allowing for (observable) heterogeneity in returns. We …
Persistent link: https://www.econbiz.de/10010292932
This article analyses the impact of the Programa Bolsa Família (PBF), Brazil's Conditional Cash Transfer Programme), by way of an income shock on the labour supply of beneficiaries as measured by probability of working and number of weekly hours worked by both men and women. Bolsa Família...
Persistent link: https://www.econbiz.de/10010293288
duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. The model … on the job is the most important driver behind this result. Meanwhile, firm heterogeneity never accounts for more than 20 …
Persistent link: https://www.econbiz.de/10010293374
This paper presents a new estimator for the mixed proportional hazard model that allows for a nonparametric baseline hazard and time-varying regressors. In particular, this paper allows for discrete measurement of the durations as happens often in practice. The integrated baseline hazard and all...
Persistent link: https://www.econbiz.de/10010293475
We use a panel of European firms to investigate the relationship between intangible assets and productivity. We disentangle between tfp and technology adoption, while available studies so far have considered only a notion of productivity conflating the two effects. To this aim, we estimate...
Persistent link: https://www.econbiz.de/10010294338
this low correlation to the importance of asymmetric and time-varying thresholds, whereas individual heterogeneity across …
Persistent link: https://www.econbiz.de/10010294433
In this paper, we show the importance of accounting for heterogeneity among sample firms in stochastic frontier … assumptions regarding the nature of heterogeneity can be modeled and the extent to which the respective empirical specifications … studies in particular should account for heterogeneity across sample firms. Especially when efficiency measures are employed …
Persistent link: https://www.econbiz.de/10010295908
In this paper, we analyze the investment and divestment patterns of different types of venture capitalists. Using a data set em- bracing all venture-backed IPOs that occurred on Germany's Neuer Markt we investigate whether the governance structures, objectives, abilities and track records of...
Persistent link: https://www.econbiz.de/10010297317