Showing 1 - 10 of 131
We study how frictions in learning others' technology, termed "imperfect technology spillovers," impact firm innovation strategies and the aggregate economy through changes in innovation composition. We develop an endogenous growth model that generates strategic innovation decisions, where...
Persistent link: https://www.econbiz.de/10015210944
This paper investigates the effect of grouping students by prior achievement into different classes (or schools) in settings where students are competing for admission to programs offering only a limited number of places. We first develop a model that identifies the conditions under which the...
Persistent link: https://www.econbiz.de/10013351696
This paper documents the link between finance and informal competition. Using longitudinal firm-level data, we show … that formal firms that are more exposed to the competition of informal firms are less likely to apply for a bank loan. This … informal competition have worse expectations on future sales growth, which in turn are associated with a lower probability of …
Persistent link: https://www.econbiz.de/10013351979
The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market …
Persistent link: https://www.econbiz.de/10013426366
We present the first causal evidence on the persistent impact of enduring competition on prosociality. Inspired by the … competition period. 4-year follow-up data indicate that the effect persists and generalizes, suggesting a change in traits and not …
Persistent link: https://www.econbiz.de/10014469517
Are excessively concentrated markets inequitable as well as inefficient? We explore this issue by analyzing the degree of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at large, we find that top wealth holders have tended to...
Persistent link: https://www.econbiz.de/10014533863
incidence increases with competition but decreases with lower demand elasticity. Furthermore, the air passenger tax reduces …
Persistent link: https://www.econbiz.de/10014533931
We investigate the impact of a change in the gender composition of the pool of candidates on the academic performance of women in an entrance exam. We use data from a natural experiment that altered the gender composition of the candidates for a nation-wide admission exam to a coding educational...
Persistent link: https://www.econbiz.de/10014533959
contrast, signaling leadership skills has no effect. Last, we consider the role of labor market competition. Companies facing … competition in the labor market, measured by the number of competitors advertising similar positions, are 56 to 66% less likely to … novel evidence that soft skills and labor market competition both play an important role in understanding hiring …
Persistent link: https://www.econbiz.de/10014567489
both increased competition and the enactment of equal treatment laws reduce the gender wage gap. …
Persistent link: https://www.econbiz.de/10010261556