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Event studies represent an increasingly popular method to evaluate the welfare effects of economic policy decisions. The basic idea is that stock market reactions to the announcement of policy decisions contain superior information about the welfare effects of these decisions. This paper...
Persistent link: https://www.econbiz.de/10009748588
Persistent link: https://www.econbiz.de/10009764079
Event studies represent an increasingly popular method to evaluate (future) welfare effects of economic policy decisions. The basic idea is to hire the stock market as a referee, i.e. that stock market reactions to the announcement of policy decision are interpreted to contain superior...
Persistent link: https://www.econbiz.de/10009680439
Persistent link: https://www.econbiz.de/10011344473
Event studies represent an increasingly popular method to evaluate (future) welfare effects of economic policy decisions. The basic idea is to hire the stock market as a referee, i.e. that stock market reactions to the announcement of policy decision are interpreted to contain superior...
Persistent link: https://www.econbiz.de/10010957573
[Introduction ...] In this chapter, we attempt to sketch a competition policy agenda for industrializing countries that meet or come close to meeting several typical characteristics. Section 2 outlines these characteristics and thus specifies the addressees of our paper. Thereafter, section 3...
Persistent link: https://www.econbiz.de/10010957580
[Introduction ...] In this chapter, we attempt to sketch a competition policy agenda for industrializing countries that meet or come close to meeting several typical characteristics. Section 2 outlines these characteristics and thus specifies the addressees of our paper. Thereafter, section 3...
Persistent link: https://www.econbiz.de/10010316156
This study gives a new identity to a knowledge search mode named search diversity and investigates how it is more rigorous in capturing knowledge heterogeneity in comparison to general assessment of search breadth. By distinguishing between diversifying and expanding search domain as building...
Persistent link: https://www.econbiz.de/10012704113
Purpose: This paper analyzes the association of searching diversely as a strategy to capture external knowledge and that of competition intensity with innovation in logistics. Secondly it studies how these associations interact by examining whether they intensify or mitigate one another when...
Persistent link: https://www.econbiz.de/10012704133
There are different determinants for organizational innovation. By taking an encompassing look into dynamics of organizational innovation, this paper examines how organizational innovation is an outcome to interaction of knowledge search strategies and underlying market conditions. Although the...
Persistent link: https://www.econbiz.de/10012704135