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Labour market rigidity is known to hamper the proper adjustment of an economy, thus, making it less resilient to shocks. This paper investigates the characteristics and resilience of the regional labour flow network in Veneto, a region famous for its industrial districts and the expertise of its...
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Small remote island economies are known to face a number of economic challenges, in particular, in their trade relations. In addition, their geographical handicap—remoteness—enhances their vulnerability. The cost of distance is well-documented in the economics literature. This paper takes an...
Persistent link: https://www.econbiz.de/10009643819
This paper experimentally investigates a well-known anomaly in portfolio management, i.e. the fact that paper losses are realized less than paper gains (disposition effect). The existence of the disposition effect is documented in a simple risk task which demonstrates that the anomaly is most...
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Arguably, of the many pioneering classics authored by Milton Friedman, it is his Presidential Address to the American Economic Association, in December, 1967, published as The Role of Monetary Policy in the AEA, in March, 1968, that may have had the greatest impact in serious policy circles. In...
Persistent link: https://www.econbiz.de/10010941823
This paper contributes to the literature explaining firm-level heterogenenity in the extensive margin of trade, defined as the number of products exported by each firm. We develop a dynamic model where firms must invest in RD to maintain and increase their portfolio of goods: the process of...
Persistent link: https://www.econbiz.de/10011272176
Middle Managers (MM) are key figures for firm ability to gain and sustaining competitive advantage (CIT). Their training activity can be seen as an important tool for improving and upgrading managerial practices to sustain firm strategy that is strictly related with its competitive advantage....
Persistent link: https://www.econbiz.de/10011272177
Obiettivo del paper: L’obiettivo è comprendere l’influenza del ruolo della famiglia sul grado di internazionalizzazione di un’impresa già multinazionale, inteso come il rapporto tra il numero di addetti impiegati fuori dai confini nazionali e il numero di occupati...
Persistent link: https://www.econbiz.de/10011272178