little work done on this issue. Yet there is a strong prima facie case for the proposition that the dynamics of real exchange … rates are influenced by inflationary circumstances. First, at high rates of inflation, nominal shocks dominate real shocks …, whereas at low rates the opposite is true. This suggests that mean-reverting tendencies in real exchange rates are likely to …

causes a high level of dissatisfaction for both visitors and exhibitors leading to an absence of both parties at more and … of practical relevance of trade fair marketing as such the topic initiating and developing business at trade fairs still … the various groups of attendees are at the show - know their motives for attending, then sellers can attempt to meet …

literature also identifies the so-called contagion effects. It depicts that the rate at which new technology is diffused is an …, Javorcik argues that these channels may rarely work effectively. If local and foreign firms compete in the same industry, then … + α 4 BLFP jt + α 5 FLFP jt + δX (1) where LVA ijt is the logarithm of the value added of firm i in sector j at time t. LK …

) dissemination of research results and concepts to the interested public. IZA Discussion Papers often represent preliminary work … a structural model of spending behavior by local governments, where spending on different services is specified as a … data at a sufficiently disaggregated geographical level on housing-unit characteristics and local amenities, as well as on …

) dissemination of research results and concepts to the interested public. IZA Discussion Papers often represent preliminary work … a structural model of spending behavior by local governments, where spending on different services is specified as a … data at a sufficiently disaggregated geographical level on housing-unit characteristics and local amenities, as well as on …

motivated this work, as well as for com- ments and references. Most of this material is also available as a Web paper at http …� in the context of a binary relation, �at least as likely as�, has been used by de Finetti (1937) and by Savage (1954). It … should not be confused with �likelihood� in the the context of likelihood functions, also used in the sequel. At this point …

integrable HGF has autocorrelation in volatilities that decays at a polynomial rate. If, on the other hand, the conditional … illustration, we 2 present some compelling cases in Figures 1 and 2. There we explicitly look at the following three regressions … logarithmic functions or the power functions of negative powers having a pole- type discontinuity at the origin. The extension to …

integrable HGF has autocorrelation in volatilities that decays at a polynomial rate. If, on the other hand, the conditional … illustration, we 2 present some compelling cases in Figures 1 and 2. There we explicitly look at the following three regressions … logarithmic functions or the power functions of negative powers having a pole- type discontinuity at the origin. The extension to …

relationship between R&D investment and the intensity of competition in the product market. In a seminal work Schumpeter (1943 …’ efficiency for the ‘dynamic’ efficiency. The work by Arrow (1962) challenged this view. In his work Arrow (1962) argued that the … market with more competitive behavior depends on the R&D productivity. We find that R&D investments are more (less) under …

relationship between R&D investment and the intensity of competition in the product market. In a seminal work Schumpeter (1943 …’ efficiency for the ‘dynamic’ efficiency. The work by Arrow (1962) challenged this view. In his work Arrow (1962) argued that the … market with more competitive behavior depends on the R&D productivity. We find that R&D investments are more (less) under …