Search Results - Business Economics

The economics of international competition policy: New challenges in the light of digitization?

Budzinski, Oliver - 2020

platforms and data-based business models increase the probability of dominant companies on intercontinental scales as well as … problems of economic dependency on few global player companies. Third, the economics of digital platforms and data …-based competition strategies partly differ from traditional standard economics and are still being developed in the academic world …

Persistent link: https://www.econbiz.de/10012150761

On the precarious link between the Gini coefficient and the incentive to migrate

Stark, Oded; Byra, Lukasz; Kosiorowski, Grzegorz - 2020

We offer an explanation for the inconclusive results of empirical studies into the relationship between the magnitude of the Gini coefficient of income distribution at origin and the intensity of migration. Bearing in mind the substantial literature that identifies relative deprivation as an...

Persistent link: https://www.econbiz.de/10012155358

Worker compensation schemes and product market competition

Stadler, Manfred - 2020

We analyze product market competition between firm owners where the risk-neutral workers decide on their efforts and, thereby, on the output levels. Various worker compensation schemes are compared: a piece-rate compensation scheme as a benchmark when workers' output performance is verifiable,...

Persistent link: https://www.econbiz.de/10012155359

The role of R&D-intensive clusters for regional competitiveness

Kosfeld, Reinhold; Mitze, Timo - 2020

Modern cluster theory provides reasons for positive external effects that accrue from the interaction of spatially proximate firms operating in common and related fields of economic activity. In this paper, we examine the impact of R&D-intensive clusters as a key factor of regional...

Persistent link: https://www.econbiz.de/10012156217

Market design of regional flexibility markets: A classification metric for flexibility products and its application to German prototypical flexibility markets

Heilmann, Erik; Klempp, Nikolai; Wetzel, Heike - 2020

With a growing number of distributed energy resources, the electricity network is challenged with a higher quantity of technical problems such as capacity congestions and over- or under-voltages. One often-discussed approach to solve these problems, especially in the European zonal electricity...

Persistent link: https://www.econbiz.de/10012156218

Fortnite: The business model pattern behind the scene

Schöber, Timo; Stadtmann, Georg - 2020

We analyse the business model pattern behind the success of the Fortnite game. A theoretical model is used to examine …

Persistent link: https://www.econbiz.de/10012160894

The LoP game: BigMac versus Fortnite

Pierdzioch, Christian; Schöber, Timo; Stadtmann, Georg - 2020

We analyze the law of one price (LoP) based on BigMac and Fortnite prices. We find a positive but less than a perfect correlation between the over-/undervaluations of the two indices. While LoP holds for the Fortnite data, it does not hold for the BigMac data.

Persistent link: https://www.econbiz.de/10012160895

Fiscal consolidation and the current account: OECD evidence

Breuer, Christian; Nam, Chang-woon - 2020

We apply a "new" conventional (CAPB-based) measure of fiscal policy, which is less prone to endogeneity issues, and find that a 1-percent of GDP fiscal consolidation leads to the improvement of the current account-to-GDP ratio by approximately 0.8 percent of GDP, while previous research based on...

Persistent link: https://www.econbiz.de/10012162749

Debt and growth: Historical evidence

Breuer, Christian; Colombier, Carsten - 2020

of 17 OECD economics over the period 1870 - 2016. We do not provide evidence for a statistically significant and robust …

Persistent link: https://www.econbiz.de/10012162750

Different no more: Country spreads in advanced and emerging economies

Born, Benjamin; Müller, Gernot J.; Pfeifer, Johannes; … - 2020

Interest-rate spreads fluctuate widely across time and countries. We illustrate this on the basis of about 3,100 quarterly observations for 21 advanced and 17 emerging economies since the early 1990s. Prior to the financial crisis, spread fluctuations in advanced economies are an order of...

Persistent link: https://www.econbiz.de/10012164040