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There is limited evidence of behavioral changes resulting from electricity information feedback. Using a randomized control trial from a New York apartment building, we study long-term effects of information feedback from "Modlet" in-home devices, which provide near-real-time plug-level...
Persistent link: https://www.econbiz.de/10012457857
Smart-home technologies have been heralded as an important way to increase energy conservation. While in vitro engineering estimates provide broad optimism, little has been done to explore whether such estimates scale beyond the lab. We estimate the causal impact of smart thermostats on energy...
Persistent link: https://www.econbiz.de/10013388838
a simple model of employment outsourcing, the primary implication of which is that firms will respond to externally … imposed firing costs by outsourcing positions requiring the least firm-specific skills rather than those with the highest …
Persistent link: https://www.econbiz.de/10012471218
We develop an equilibrium model of industrial structure in which the organization of firms is endogenous. Differentiated consumer products can be produced either by vertically integrated firms or by pairs of specialized companies. Production of each variety of consumer good requires a unique,...
Persistent link: https://www.econbiz.de/10012471481
and how these responses, in turn, are transmitted to the labor market. In previous work, we have argued that outsourcing … input purchases from the Census of Manufactures. We construct industry-by-industry estimates of outsourcing for the period … 1972-1990 and reexamine whether outsourcing has contributed to an increase in relative demand for skilled labor. Our main …
Persistent link: https://www.econbiz.de/10012473440
Slaughter (1993), in this paper I try to determine the extent to which outsourcing by multinational corporations contributed to … firms. I find that most of these facts are inconsistent with widespread outsourcing. Second, to test more rigorously whether … and in fact may be price complements. Taken together, these findings indicate that multinational outsourcing contributed …
Persistent link: https://www.econbiz.de/10012473622
1980's. We argue that a contributing factor to this decline was rising imports reflecting the outsourcing of production …
Persistent link: https://www.econbiz.de/10012473765
We model a simple market setting in which fragmentation of trade of the same asset across multiple exchanges improves allocative efficiency. Fragmentation reduces the inhibiting effect of price-impact avoidance on order submission. Although fragmentation reduces market depth on each exchange, it...
Persistent link: https://www.econbiz.de/10012479351
General purpose technologies like information technology typically require complementary firm-specific investments to create value. These complementary investments produce a form of capital, which is typically intangible and which we call digital capital. We create an extended firm-level panel...
Persistent link: https://www.econbiz.de/10012482503
analysis of our testable predictions using pharmaceutical data concerning patents, patent expiration, and outsourcing at …
Persistent link: https://www.econbiz.de/10012482597