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The news media and the expectation formation of firms : conference paper

Buchen, Teresa - 2013 - Preliminary version

Forming expectations about the future path of the economy and the own business prospects is not costless for a firm. Instead, acquiring and processing the relevant macroeconomic information requires valuable resources. One important source of information that provides a coding service is the...

Persistent link: https://www.econbiz.de/10010338394

News media, common information, and sectoral comovement : conference paper

Buchen, Teresa - 2014

This paper investigates whether information complementarities can explain the strong patterns of sectoral comovement observed empirically. It tests the theoretical model by Veldkamp and Wolfers (2007), which suggests that firms' output decisions are based on aggregate information rather than...

Persistent link: https://www.econbiz.de/10010484401

Defining a cluster market : the case of the Korean internet portal service market : ITS Europe 2014_Brussels (June 23, 2014)

Kwon, Young-Sun - 2014

statistical market definition method for cluster markets, and applies the method to the Korean Internet portal service market. The … results of analyses show that there is one market for the Korean Internet portals and confirm the concern that the a priori … definition of the Internet portal service market using a representative group of services like 1S4C, which was used by the Korea …

Persistent link: https://www.econbiz.de/10010395685