Showing 1 - 10 of 397
A puzzling evidence stemming from the applied research on growth and innovation is that successful innovations do not appear to have a significant effect on sales growth rates, at odds with the expectation that successful innovators will prosper at the expenses of their less able competitors....
Persistent link: https://www.econbiz.de/10005650051
Three well-known aggregate regularities (i.e. Beveridge, Wage, and Okun's curves) seem to provide a quite complete picture of the interplay between labor market macro-dynamics and business cycle. Nevertheless, existing theoretical literature still lacks micro-founded models which are able to...
Persistent link: https://www.econbiz.de/10005518698
We analyse labor market dynamics with an agent based model, which replicates a set of stylized facts in the labor market as well as aggregate regularities. We are able to reproduce the Beveridge curve, job creation and destruction flows, a persistent unemployment level, and wages stickiness. On...
Persistent link: https://www.econbiz.de/10005481662
The paper investigates the changes in job creation and destruction flows considering a very disaggregate level of analysis. If institutional setup plays a more important role compared to other factors, than at lower levels of aggregation we should observe that job flows regularities are in line...
Persistent link: https://www.econbiz.de/10005481684
Experimental results in research on time preference are often controversial. We propose a systematic investigation of choice task in multiple price list format (MPL) that is frequently implemented in experiments on time preference, through a computer simulation analysis. We conduct experiments...
Persistent link: https://www.econbiz.de/10008465650
The work studies the processes of growth of the world top 150 pharmaceutical firms, on the grounds of an original database which allows also disaggregate analysis at the level of single therapeutical classes and chemical entities.Our findings show that the industry -whose long-term evolution is...
Persistent link: https://www.econbiz.de/10005518673
This paper adopts sociometric analysis to explore the process of knowledge acquisition and diffusion in clusters of firms. By comparing the knowledge systems of two clusters selected for being at different stages of their development path, this study shows that the knowledge system of the...
Persistent link: https://www.econbiz.de/10005518674
This paper provides a description of the production process by comparing different frameworks in which to analyze the relations between inputs and output. The analysis is performed on a representative sample of Italian manufacturing firms. We employ both parametric and non-parametric analysis....
Persistent link: https://www.econbiz.de/10005518675
Since the seminal work of Pareto, many empirical analyses suggested that the distribution of firms size is characterized by an asymptotic power like behavior. At the same time, recent investigations show that the distribution of annual growth rates of business firms displays a remarkable...
Persistent link: https://www.econbiz.de/10005518676
In an economic geography model where both a negative pecuniary and a positive technological externality are present, we introduce an explicit dynamics of firms locational choice and we characterize its long run distribution. Our analysis shows that economic activities evenly distribute when the...
Persistent link: https://www.econbiz.de/10005518677