Discussion of "The Pricing Behavior of Firms in the Euro Area: New Survey Evidence" by S. Fabiani, M. Druant, I. Hernando, C. Kwapil, B. Landau, C. Loupias, F. Martins, T. Mathä, R. Sabbatini, H. Stahl, and A. Stockman (2004); Presented at the Inflation Persistence Network (IPN) Conference on...

This paper suggests that contingent on the productivity level of the trade partner; international trade may create resource misallocation in less productive countries. It theoretically shows how productivity spillovers induced by trade with more productive countries and heterogeneity in...

Drawing from confidential firm-level balance sheets in 11 European countries, the paper presents a novel sectoral database of comparable productivity indicators built by members of the Competitiveness Research Network (CompNet) using a newly developed research infrastructure. Beyond aggregate...

Drawing from confidential firm-level balance sheets in 11 European countries, the paper presents a novel sectoral database of comparable productivity indicators built by members of the Competitiveness Research Network (CompNet) using a newly developed research infrastructure. Beyond aggregate...

In order to study the use of Twitter, it would be useful to be able to easily classify large volumes of messaging being used by Twitter users besides just in the traditional dimensions of positive and negative sentiment. For instance, in the space of social media marketing, it would be useful to...

Rauterberg & Talley (2017) develop a data set of “corporate opportunity waivers” (COWs) — significant contractual modifications of fiduciary duties — sampled from SEC filings. Part of their analysis utilizes a machine learning (ML) classifier to extend their data set beyond the...

We provide an overview of problems related to variable selection (also known as feature selection) techniques in decision-making problems based on machine learning with a particular emphasis on recent knowledge. Several popular methods are reviewed and assigned to a taxonomical context. Issues...

In this article, as part of the symposium on total factor productivity, Erwin Diewert of the University of British Columbia provides a comprehensive discussion of what is needed to develop reliable measures of total factor productivity in terms of output and the different classes of inputs. He...

Für Geschäftsführer und Manager ist es schon immer wichtig gewesen, gut informiert zu sein und der Stellenwert des Informationsfaktors erhöht sich ständig. Zum einen haben sich die weltweiten Wettbewerbsbedingungen verschärft, was zu einer stark angestiegenen Komplexität führt, und zum...