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This study empirically investigates the influence of the market-bound (i.e., interaction and network effects) on the firm-bound (i.e., scale and learning effects) self-reinforcing mechanisms, and their combined effect on product and organizational performance. The findings from a sample of 257...
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(second) sub-period is robust to misspecification. Finally, we find that fund managers reveal positive crisis management …We develop a directional trading model and a crisis management model to measure fund manager skills more adequately. We … test the robustness of both traditional market timing models and new management skill models to changes in their underlying …
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This paper quantifies the roles of increases in the demand for skill-intensive output, the efficient scale of service production, and female labor supply in the growth of services. We extend the Buera and Kaboski (2012a,b) model to a two-person household, incorporating a joint decision on home...
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