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Stranded Assets in the Transition to a Carbon-Free Economy

van der Ploeg, Rick - 2020

Assets in the fossil fuel industries are at risk of losing market value due to anticipated breakthroughs in renewable technology and governments stepping up climate policies in the light of the Paris commitments to limit global warming to 1.5 or 2 degrees Celsius. Stranded assets arise due to...

Persistent link: https://www.econbiz.de/10012843436

Quadratic Costs, Innovation and Welfare : The Role of Technology

Marjit, Sugata - 2020

In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …

Persistent link: https://www.econbiz.de/10012824572

Platform Design and Innovation Incentives : Evidence from the Product Ratings System on Apple's App Store

Leyden, Benjamin T. - 2021

, innovation …

Persistent link: https://www.econbiz.de/10013224087

The Role of Human Capital in Structural Change and Growth in an Open Economy : Innovative and Absorptive Capacity Effects

Bye, Brita; Faehn, Taran - 2021

Since the financial crisis in 2008, slow growth has riddled Europe and the Covid-19 pandemic is amplifying the challenge. Promoting economic growth and transforming to a more knowledge-based industrial structure will be high on the agenda for the coming decades. We study how more and better...

Persistent link: https://www.econbiz.de/10013249658

Language as a Renewable Resource : Import, Dissipation, and Absorption of Innovations

Wickström, Bengt-Arne - 2021

The structural stability of different languages subject to the import of external elements is analyzed. We focus on the temporal side of the different processes interacting to produce a change in the structure of the language. That is, the rate of import and dissipation of new elements is seen...

Persistent link: https://www.econbiz.de/10013315865

Dynamic Causal Forests, with an Application to Payroll Tax Incidence in Norway

Gavrilova, Evelina; Langørgen, Audun; Zoutman, Floris - 2023

This paper develops a machine-learning method that allows researchers to estimate heterogeneous treatment effects with panel data in a setting with many covariates. Our method, which we name the dynamic causal forest (DCF) method, extends the causal-forest method of Wager and Athey (2018) by...

Persistent link: https://www.econbiz.de/10014346998

Pay Transparency Under Subjective Performance Evaluation

Fahn, Matthias; Zanarone, Giorgio - 2021

This paper studies how pay transparency affects organizations that reward employees based on their efforts (i.e., using “subjective performance evaluation”). First, we show that transparency triggers social comparisons that require the organization to pay its employees an “envy premium”....

Persistent link: https://www.econbiz.de/10013250033

Organizational Capacity and Profit Shifting

Bilicka, Katarzyna Anna; Scur, Daniela - 2021

This paper analyses the effect of a firm’s organizational capacity on the reported profitability of multinational enterprises (MNEs). Better organizational practices improve productivity and the potential taxable profits of firms. However, higher adoption of these practices may also enable...

Persistent link: https://www.econbiz.de/10013212267

Control Aversion in Hierarchies

De Chiara, Alessandro; Engl, Florian; Herz, Holger; … - 2022

Companies typically control various aspects of their workers’ behaviors. In this paper, we investigate whether the hierarchical distance of the superior who imposes such control measures matters for the workers’ ensuing reaction. In particular, we test, in a laboratory experiment, whether...

Persistent link: https://www.econbiz.de/10014082243

Technological Sovereignty as Ability, Not Autarky

March, Christoph; Schieferdecker, Ina - 2021

globalization. We develop a competence-based definition of technological sovereignty, which puts innovation policy at the core of … cooperation and trade. Two case studies illustrate how innovation policy might be used to achieve technological sovereignty …

Persistent link: https://www.econbiz.de/10013222214