from comments by workshop participants at Duke University, University of Pennsylvania, Washington University at St. Louis … focuses on explaining observed phenomena. Amongst the most widely cited examples is the work of Rust (1987), who develops a … associated reward is again conditionally independent from the past history of the process. Note that if action a is applied at …

conclusion is that the mandatory layout can work as a starting point for the group internal reports but that "mandatory layout … and quarterly as well as annually, are influenced by the local accounting tradition – at least to the extent that they … rigidity (Van Hulle 1993, p. 99). The intention here is to take a closer look at this "rigidity" and how it is treated in the …

(1.2.10) was used in empirical work, for example, by West and Wilcox (1996) in homoskedastic environment and by Hansen … instead of the true processes to construct the instrument, we have to ensure proper behavior of (jkl)t . This means two things … which is not necessarily uniformly bounded by 1. Therefore, we deliberately simplify the task at the expense of possible e …

not effective in the liquidity trap. However, this view is at variance with the empirical evidence; for instance Posen … on securities is confounded by the presence of the risk premium term whose behavior in a liquidity trap is not well known … in 1996, demonstrating that fiscal policy does work when it is tried....On net, the Japanese fiscal stance in the 1990’s …

not effective in the liquidity trap. However, this view is at variance with the empirical evidence; for instance Posen … on securities is confounded by the presence of the risk premium term whose behavior in a liquidity trap is not well known … in 1996, demonstrating that fiscal policy does work when it is tried....On net, the Japanese fiscal stance in the 1990’s …

-product firms and analyzes their behavior during trade liberalization. Firm productivity in a given product is modeled as a …. Overman, Esteban Rossi-Hansberg and seminar participants at the NBER, LSE, Penn State, University of Pennsylvania, University … conducted while Bernard and Schott were Special Sworn Status researchers of the U.S. Census Bureau at the Boston and New York …

answer to the question which partitions are stable is at the same time an answer to the question which winning coalition (or … can already be found in the work of Kirchsteiger and Puppe (1997) and, more deflnitive, in the works of Dimitrov and Haake … coalition structure ƒ is strictly core stable if no group of players are willing to form a coalition, so that each player is at …

essentially indetermi- nate (i.e., the supply curve is �at), hence autonomous changes in aggregate demand (e.g., due to animal …, fall short in confronting the time series data of the business cycle. It was not until the seminal work of Kydland and …]), the link between shifts in demand elasticity and the business cycle is an important channel to exploit. Pioneering work …

information about the Centre for Business Research can be found at the following address: www.cbr.cam.ac.uk INTRODUCTION … transformation with basic science and other inputs at one end of a chain and commercialisation at the other (Hughes, 2003 … al., 2002; Czarnitzki and Kraft, 2004; and Hosono et al., 2004). While substantial work has been done on a firm …

Report Series is distributed through the following platforms: Academic Repository at Erasmus University (DEAR), DEAR ERIM … in industrialized nations (Schimidheiny [1998]). At a sector level, environmental friendly logistic networks may avoid … vice-versa 2.Manufacturing 2.1. Manufacturing at Suppliers 2.2. Manufacturing at Manufacturers 3.Product Use 3.1. Product …