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performance of local demand from a detailed database of broadband internet subscribers, discriminated by the main attributes of an … internet subscription contract as location, supplier, monthly-fee, download- and upload-speed features. From these results, we … are able to identify the effect of quality regulation on the behavior of internet providers in a differentiated product …
Persistent link: https://www.econbiz.de/10010395753
It is common practice to estimate the volatility-growth link by specifying a standard growth equation such that the variance of the error term appears as an explanatory variable in this growth equation. The variance in turn is modelled by a second equation. Hardly any of existing applications of...
Persistent link: https://www.econbiz.de/10010341161
Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon coun-tries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...
Persistent link: https://www.econbiz.de/10010343753
to transact immediately when placed in the market. This low-latency result holds regardless of the other properties of …-term speculators provide liquidity in markets? , How much benefit do these speculators add? , and Can extremely low-latency in markets …
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In the academic literature, the economic interpretation of stock market volatility is inherently ambivalent, being considered an indicator of either information flow or uncertainty. We show in a stylized model economy that both views suggest volatility-dependent cross-market spillovers. If...
Persistent link: https://www.econbiz.de/10010339937