Browsing Department of Economics (ECO) by Subject "L16"
Now showing items 1-5 of 5
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Title:Detecting Propagation Effects by Observing Aggregate Distributions: The Case of Lumpy Investments Author(s):GUISO, Luigi; LAI, Chaoqun; NIREI, MakotoDate:2011-01-01Type:Working PaperSeries/Number:EUI ECO; 2011/25Abstract:By using an extensive panel data set of Italian firms, we show empirically that the fraction of firms that engage in a lumpy investment follows a non-normal, double-exponential distribution across region-year. We propose ... -
Title:Product and Process Innovation in a Growth Model of Firm Selection Author(s):BENEDETTI FASIL, CristianaDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/30Abstract:Recent empirical evidence based on firm level data emphasizes firm heterogeneity in innovation activities and the different effects of process and product innovations on the productivity level and productivity growth. To ...
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Title:Non-Price Competition and Exchange Rate Pass-Through Author(s):ASCIONE, AuroraDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/54Abstract:A substantial body of empirical works document that exchange rate pass-through to con- sumer prices is incomplete. This evidence has cast doubts on the ability of flexible exchange rates to generate expenditure switching. ...
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Title:Talent Utilization, a Source of Bias in Measuring TFP Author(s):ZOABI, HosnyDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/27Abstract:This paper analyzes a model of economic growth that explains differences in economic structure across countries. It highlights the interplay between productivity, talents utilization and entrepreneurship incentives. The ...
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Title:Employment Protection, Firm Selection, and Growth Author(s):POSCHKE, MarkusDate:2006Type:Working PaperSeries/Number:EUI ECO; 2006/35Abstract:This paper analyzes the effect of firing costs on aggregate productivity growth. For this purpose, a model of endogenous growth through selection and imitation is developed. It is consistent with recent evidence on firm ...