Search Results - subject:"complementarities"

The Costs and Benefits of "Strangers": Why Mixed Communities Are Better

Grout, Paul A.; Mitraille, Sebastien; Sonderegger, Silvia - Centre for Market and Public Organisation (CMPO), … - 2008

Much of the literature on diversity assumes that individuals have an exogenous "taste for discrimination". In contrast with this approach, we build a model where preferences over the nature of one's community are derived indirectly, and arise because the composition of the community determines...

Persistent link: https://www.econbiz.de/10005077124

Sturm und Drang in money market funds: when money market funds cease to be narrow

Jank, Stephan; Wedow, Michael - Deutsche Bundesbank - 2008

This paper investigates the returns and flows of German money market funds before and during the liquidity crisis of 2007/2008. The main findings of this paper are: In liquid times money market funds enhanced their returns by investing in less liquid papers. By doing so they outperformed other...

Persistent link: https://www.econbiz.de/10005082763

Does social capital reinforce technological inputs in the creation of knowledge? Evidence from the Spanish regions.

Miguélez, Ernest; Moreno, Rosina; Artís, Manuel - Facultat d'Economia i Empresa, Universitat de Barcelona - 2008

In this paper we seek to verify the hypothesis that trust and cooperation between individuals, and between them and public institutions, can encourage technological innovation and the adoption of knowledge. Additionally, we test the extent to which the interaction of social capital with human...

Persistent link: https://www.econbiz.de/10005059609

Science, Technology and Innovation for Economic Growth: Linking Policy Research and Practice in "STIG Systems"

David, Paul; Aghion, Philippe - Volkswirtschaftliche Fakultät, … - 2008

This paper reflects on the relevance of "systems-theoretic" approaches to theinterdependent policy issues relating to the dynamics of science, technology and innovation and their relationship to economic growth. Considering the approach that characterizes much of the current economics...

Persistent link: https://www.econbiz.de/10005621244

Assessing the Long-Run Economic Impact of Labour Law Systems: A theoretical Reappraisal and Analysis of New Time Series Data

Deakin, Simon; Sarkar, Prabirjit - ESRC Centre for Business Research - 2008

contexts, and by complementarities between the institutions of the labour market and those of corporate governance and …

Persistent link: https://www.econbiz.de/10005813005

Industrial Deregulation, Skill Upgrading, and Wage Inequality in India

Chamarbagwala, Rubiana; Sharma, Gunjan - Center for Applied Economics and Policy Research … - 2008

: capital- and output-skill complementarities. Our analysis finds two important results. First, capital- and output …-skill complementarities existed for firms in both licensed and delicensed industries but were stronger in delicensed industries both before … and after 1991. The exception is output-skill complementarities with respect to the skill premium, where delicensed …

Persistent link: https://www.econbiz.de/10005727867

Technology Trade

Groizard, José L. - Departament d'Economia Aplicada, Facultat de Ciències … - 2008

This study addresses the question of why some countries import more R&D- intensive goods than others. Using a panel data set of 80 countries for the period 1970 to 1995, results indicate that domestic investment, FDI and the quality of intellectual property rights (IPR) systems positively affect...

Persistent link: https://www.econbiz.de/10005612455

Economic Aspects of the Microsoft Case: Networks, Interoperability and Competition

Gil-Moltó, Maria J. - Department of Economics, Leicester University - 2008

In this paper, we discuss the main economic aspects of the European Microsoft case; in particular, Microsoft’s refusal to supply the necessary information to make the competitors’ work group server systems interoperable with Windows Operating System. The case can be seen as an example of...

Persistent link: https://www.econbiz.de/10005230646

The Flattening Firm and Product Market Competition: The Effect of Trade Liberalization

Guadalupe, Maria; Wulf, Julie M. - Harvard Business School, Harvard University - 2008

, complementarities, decentralization, competition We would like to thank Tim Baldenius, Luis Garicano, Tom Hubbard, Amit Khandelwal … with theories arguing that complementarities exist among a firm’s organizational design elements (e.g. Milgrom and … complementarities among different subsets of organizational design choices. Milgrom and Roberts (1995) analyze complementarities among …

Persistent link: https://www.econbiz.de/10005237016

The labor market impact of immigration in Western Germany in the 1990's

D'Amuri, Francesco; Ottaviano, Gianmarco I. P.; Peri, … - Hamburgisches WeltWirtschaftsInstitut (HWWI) - 2008

We adopt a general equilibrium approach in order to measure the effects of recent immigration on the Western German labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the period 1987-2001, we find that the substantial...

Persistent link: https://www.econbiz.de/10009211071