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We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10009540777
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10009742603
and uncertainty shocks. Voting for Brexit had large negative effects on the UK economy between 2016 and 2019, leading to … higher import and consumer prices, lower investment, and slower real wage and GDP growth. However, at the aggregate level …
Persistent link: https://www.econbiz.de/10012806478
We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors....
Persistent link: https://www.econbiz.de/10011433584
evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover … effects from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector …
Persistent link: https://www.econbiz.de/10003940536
interest rate on distribution and investment within different regimes of accumulation, the „golden age“- and the „post …
Persistent link: https://www.econbiz.de/10003958507
consists of two major parts. In the first part, we aim at measuring investment in intangibles at the sector level. We shed … light on differences across sectors but also compare these figures with investment in physical capital and with investment … intangible capital from 1995-2006 by 30%. Furthermore, results reveal differences in the investment patterns among the UK and …
Persistent link: https://www.econbiz.de/10010385066
This study assesses the impact of Brexit uncertainty on the UK and also on international financial markets, for the … the UK might be negatively affected, one may expect that the (uncertainty about) Brexit does not only have an impact on … the time-varying interactions between UK policy uncertainty, which to a large extent is attributed to Brexit uncertainty …
Persistent link: https://www.econbiz.de/10011582007
Uncertainty affects employers' decisions on labour workforce, as it does on capital. We exploit differences on how … firms adjust their labour work-force when uncertainty increases. Using data from the Wage Dynamic Network Survey for 25 … European countries, we first construct, opposite to usual aggregate indicators, a set of uncertainty indicators exploiting …
Persistent link: https://www.econbiz.de/10012284895
This study assesses the impact of the uncertainty caused by Brexit, on both the UK and international financial markets … financial markets are by nature highly interlinked, one might expect that the uncertainty engendered by Brexit also has an … (2008) method to estimate the time-varying interactions between UK policy uncertainty, which to a large extent is attributed …
Persistent link: https://www.econbiz.de/10011570794