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-oriented emerging Asia, real depreciations are associated with faster growth of firm-level TFP, higher sales and cash-flow, and higher …-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth … counterfactual simulations of temporary RER movements and conduct several robustness analyses. Effects on physical TFP growth, while …
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We study the relationship between per-capita income and income inequality with a heterogeneous panel co-integration approach.We extend previous studies in two respects: first, we compile a more extensive data set for 61 countries over 26-51 years and consider measures for both pre-tax and...
Persistent link: https://www.econbiz.de/10011981849
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
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This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011800629
Persistent link: https://www.econbiz.de/10013350841