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We examine a situation where efforts on different tasks positively affect production but are not separately verifiable and where the manager (principal) and the worker (agent) have different ideas about how production should be carried out: agents prefer a less efficient way of production. We...
Persistent link: https://www.econbiz.de/10010267331
We examine a situation where efforts on different tasks positively affect production but are not separately verifiable and where the manager (principal) and the worker (agent) have different ideas about how production should be carried out: agents prefer a less efficient way of production. We...
Persistent link: https://www.econbiz.de/10011422133
This paper empirically assesses the impact of specialisation on the synchronisation of regional business cycles in two … core countries of EMU, namely France and Germany. Several specialisation indices are introduced and some first stylised … enacted and tested for robustness in order to calculate the impact of specialisation on the degree of business cycle …
Persistent link: https://www.econbiz.de/10010295593
about trade openness, specialisation and vulnerability. While we do find that the Nordic countries are open economies …
Persistent link: https://www.econbiz.de/10012037641
, technology, skill and intensity), the relationship between export specialisation and export price indices, and the role of import … demand in specialisation are examined for the Visegrad Group and Romania in the periods 19951999 and 20002007. The results …
Persistent link: https://www.econbiz.de/10010322386
This paper discusses the so-called commercial approach to microfinance under economic and ethical aspects. It first shows how microfinance has developed from a purely welfare-oriented activity to a commercially relevant line of banking business. The background of this stunning success is the...
Persistent link: https://www.econbiz.de/10010271345
in the commercialisation and use of eco-efficient nanotechnology in the Finnish glass-processing and construction …, commercialization is inhibited by the absence of large and technologically progressive companies which could act as lead users, provide …
Persistent link: https://www.econbiz.de/10010273000
Member States towards farming, commercialisation, and barriers to and drivers for an increased integration in agricultural …
Persistent link: https://www.econbiz.de/10010277822
time it takes until commercialization starts. To the best of my knowledge, such an analysis has not been undertaken before … commercialized. It seems like the government financing creates a pool of patents with bad perspectives of commercialization. The …
Persistent link: https://www.econbiz.de/10010320091
of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by …
Persistent link: https://www.econbiz.de/10010320239