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allows us to estimate the model in the structural form suggested by theory. The methodology is applied to micro data from a …
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. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms …
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. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … Faktorausstattung zweier Länder basiert. Das zweite Kapitel liefert eine Theorie zu Offshoring unter Imitationsrisiko. Diese Theorie …
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We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual-level, idiosyncratic risk implies that distinct...
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