Showing 538,671 - 538,680 of 547,749
For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with possible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is...
Persistent link: https://www.econbiz.de/10010303779
We study the determinants of sovereign bond yield spreads across 10 EMU countries between Q1/1999 and Q1/2010. We apply a semiparametric time-varying coefficient model to identify, to what extent an observed change in the yield spread is due to a shift in macroeconomic fundamentals or due to...
Persistent link: https://www.econbiz.de/10010303780
- and long-run elasticities are calculated, yielding a long-run price elasticity of -0.72 for the post-paid market and of -0 ….33 for the pre-paid market. The short-run price elasticity is estimated to be -0.36 for the post-paid market and -0.20 for …
Persistent link: https://www.econbiz.de/10010303799
Recent years have shown a surge of firms globalising their innovation activities in order to gain from international knowledge. This paper evaluates this strategy by investigating whether firms with international R&D are more innovative than firms doing R&D only in their home country. One main...
Persistent link: https://www.econbiz.de/10010303802
This paper analyzes the relationship between service innovation and different types of enterprise software systems, i.e. standardized enterprise software designed to fit one certain business sector and enterprise software specifically customized for a single firm. Using firm-level data of a...
Persistent link: https://www.econbiz.de/10010303804
carryforwards resulting from losses in the past affect the tax rate-elasticity of current investment decisions. The empirical … effects of tax loss treatment can be expected. First, firms make their investment decisions in the face of potential future … losses. Then, the various types of conceivable loss offset provisions affect investment decisions. Secondly, existing loss …
Persistent link: https://www.econbiz.de/10010303806
This paper provides evidence on the sources of the persisting mathematics test score gap between boys and girls. In particular, we investigate the role of the share of female mathematics teachers in secondary school and of pupils self-confidence and extrinsic motivation in mathematics. We find...
Persistent link: https://www.econbiz.de/10010303807
Deploying data from the German Socio-Economic Panel (GSOEP) we analyze the variability of individual earnings and equivalent household income. Permanent and transitory variances of male income over the period 1984-2008 are estimated for Old German Laender in order to determine their importance...
Persistent link: https://www.econbiz.de/10010303814
Business exit has implications for a firm's corporate strategy. Two types of exit events are distinguished: those that involve strategic change and those that are status quo-preserving. This study investigates the impact of CEO turnover and succession on strategic versus status quo-preserving...
Persistent link: https://www.econbiz.de/10010303815
instability of euro area money demand. Our results obtained from panel estimation indicate that the observed instability of …
Persistent link: https://www.econbiz.de/10010303823