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IPTS recently acquired a consumer internet clickstream database containing the full set of annual (2011) clickstream records for about 25.000 internet users in the five largest EU economies (UK, Germany, France, Italy and Spain). It contains time spend on each webpage and socio-economic...
Persistent link: https://www.econbiz.de/10011979299
We study a market with entrepreneurial and workers entry where both entrepreneurs' abilities and workers' qualities are private information. We develop an Agent-Based Computable model to mimic the mechanisms described in a previous analytical model (Boadway and Sato 2011). Then, we introduce the...
Persistent link: https://www.econbiz.de/10011982041
the number of R&D personnels. In particular, it explores the complementarity between these two factors (in the presence of …
Persistent link: https://www.econbiz.de/10011982105
of asset demand and liquidity needs that are expected to increase over time create complementarity among buyers …' decisions to wait. This complementarity makes competitive markets prone to coordination failures and fire-sales accompanied by a …
Persistent link: https://www.econbiz.de/10012098197
We study the implications of information technology (IT) in banking for financial stability, using data on US banks' IT equipment and the tech-background of their executives. We find that one standard deviation higher pre-crisis IT adoption led to 10% fewer non-performing loans during the global...
Persistent link: https://www.econbiz.de/10012494252
The COVID-19 pandemic has inflicted an economic hardship unprecedented for the modern age. In this paper, we show that the health crisis and ensuing Great Lockdown, came with an unseen level of economic uncertainty. First, using a European dataset on country-level and regional internet searches,...
Persistent link: https://www.econbiz.de/10012291212
The purpose of this paper is to explore the relationship between an entrepreneur's experience and education and his/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the crossroads between sources of knowledge and the...
Persistent link: https://www.econbiz.de/10011989271
complementarity or substitutability. In addition, and to our knowledge novel, we propose a measure of concordance (or proximity …
Persistent link: https://www.econbiz.de/10012120586