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9 Jul 2023: and endogenous default barriers are extended to allow the principal value of a firm’s debt to. ... In Section 2, two structural models where. firms have a stationary capital structure and endogenous default boundaries are extended to.

9 Jul 2023: 7. large firms may have the relative advantage and firm level "escalation" of endogenous sunk cost investments could have led to increases in market concentration. ... 5.3 Endogenous Sunk Costs and Escalation Sutton (1991, 1998) has argued strongly that

5 Dec 2023: The new paradigm views technical progress as an endogenous to the economy and the determinants of the change process. ... The endogenous view of and proactive approach to technical progress implies that, in order to induce technological progress, both

29 Jan 2024: Cointegration. Table: Cointegration Regressions and Endogenous Breaks. Dependent: log (nbpotc ) Dependent: log (nbpfront )m = otc m = front. ... ii) Endogenous break estimation suggest level and constantchange in the middle of 2006.

9 Jul 2023: creation potential of firms, through (endogenous) knowledge creation, innovation and. growth (Penrose, 1959). ... The focus on (endogenous) growth through knowledge creation and innovations in Penrose.

9 Jul 2023: that is potentially unobserved (to the researcher), serially correlated and subject to endogenous. ... for endogenous feedback from past actions in the serially correlated firm specific unobservable.

30 Jan 2024: With endogenous technology change, mitigation cost lower. • Bottom up models.

9 Jul 2023:  Qualitatively different causes of endogenous financial shocks. 12. Financial Shock.

9 Jul 2023: Although the themes explored varied from interview to interview, they were all sensitive to the endogenous and exogenous sources of learning and business support available to enterprises working within the industry, ... districts. However, the account of

11 Dec 2023: The theory builds on the Roy model ofoccupational choice with endogenous human capital investment, in whichworkers choose sectors based on relative wages and their comparative ad-vantage (Roy, 1951; Hsieh et ... Dietz, S. and Stern, N. (2015). Endogenous

6 Dec 2023: Endogenous variables are variables that are defined by other variables and are therefore identified as having at least one single headed arrow feeding into them (e.g. ... Number of occupants and Energy Pattern). All endogenous variables must have a

9 Jul 2023: 13. In proposing that law is better thought of as, at least in part, ‘endogenous’ to the economy, we are not arguing that either legal rules or the ‘legal infrastructure’ are

8 Dec 2023: R&D and endogenous technical change. In the competitive R&D literature,15 firms under-. ... they may not. Finally, this paper is relevant to the current literature on endogenous techni-.

9 Jul 2023: Under endogenous productivity growth, the optimal social discount rate must be equal to the marginal social product of capital……Positive social time preference, far from discriminating against future generations, is essential ... He argues that

9 Jul 2023: degree reflect cross-national differences in economic and political structures. Thus legal rules will tend to be endogenous to processes of economic and po-.

11 Dec 2023: 2020a] have argued, electrification (access and reliability) is non-random and is endogenous. ... it is endogenous to a variety of economic and political factors’ (p.

8 Dec 2023: The risk neutral case is the mostly studied in the literature and it is well known that, for riskneutral agents, modeling risk trading (with endogenous price) is irrelevant to the ... It is of interest that the game above is “stochastic endogenous”

9 Jul 2023: costs (as in Hymer), but also from endogenous pressures due to intra-firm learning, which release.

6 Dec 2023: In terms of endogenous design uncertainty, it is not yet clear what the best choice of technology is for coolant, reactor geometry, and spallation target (e.g. ... construction. Effective availability is the main endogenous source of uncertainty

9 Jul 2023: Model structure and properties15 ENDOGENOUS VARIABLES 81. of which: identities 64 inexact equations. ... There are 81 endogenous variables, i.e. variables whose value is determined by the model, given values of 27 exogenous variables, whose values are

9 Jul 2023: Monetary policy has two polar opposite settings. Under fully accommodating monetary policy, the authorities target a constant full-employment, full-capacity level of output ( O ). The (endogenous) money stock (M) is ... Lucas, G. (2021), ‘The (dampened)

9 Jul 2023: Recent game theoretical models imply that common knowledge is not entirely endogenous to agents’ interactions, but depends to a certain extent on emergent normative structures. ... This inherited trait does not violate the rationality assumption

8 Dec 2023: However, the level of market power exercise is not endogenous andis also fixed a priori by the modeler.

9 Jul 2023: production and exchange (Coase, 1988, Williamson, 1985); they both reflect behaviour, in the sense of being endogenous to their context or environment over the long term (Aoki, 2007, 2010) and shape ... We argue for an ontological perspective that sees

9 Jul 2023: Halaj & Kok (2014) others on endogenous networks. Aldasoro, Delli Gatti & Faia.

9 Jul 2023:  Research has several components:1. Triggers. o Understand Exogenous and Endogenous Triggers of Market Shockso Identify the ‘Trillion Dollar’ market-mover event set.

5 Dec 2023: Where can international cooperation support. domestic climate policy? Karsten Neuhoff1. A move to a low Carbon economy involves (1) internalisation of CO2 externalities, (2) advancement of technologies and (3) removal of barriers and evolution of

8 Dec 2023: Figure 1: Illustration of market setup with highlighted endogenous components. The primary goal of our model is to assess the impact of capacity market design op-. ... features. 1. Endogeneity of capacity and electricity market. This includes endogenous.

7 Dec 2023: Regulatory lag Endogenous and relatively short Exogenous (set ex-ante) and relatively long.

2 Feb 2024: Hence, kijt endogenous - use spot fuel price as an instrument.First stage regression:.

9 Jul 2023: The generation of novelty is therefore not only time-dependent but also endogenous, and the problem-solving process never reaches any equilibrium because the system is continuously generating new solutions as

6 Dec 2023: the companies (i.e. the endogenous controllable inefficiency). Controlling for environmental. variables is important from a management perspective for a number of reasons. ... control, and (iii) endogenous inefficiency under the control of management. As

6 Dec 2023: 16See, for example, Godfrey (1987). 14. connected regions, making it likely that flows over NorNed are endogenous to the electricityprice17. ... Firstly, the potentially endogenous variable that represents flows overNorNed is regressed on all exogenous

9 Jul 2023: The 2SLS systems are estimated by first obtaining the first stage estimates of the endogenous variables, PROFDIFF, MTBV, BDSH and LARGE. ... The estimates of the endogenous variables are then used directly as independent variables to obtain the second

11 Dec 2023: We use subscripts for indexation. For readers’ convenience, we use upper case letters for exogenous variables (parameters) and lower case for endogenous variables. ... Only units with final investment decision status are included in the dataset.24 In

6 Dec 2023: and balanced sample. Last, we instrument for the potentially endogenous supply variable in. ... That is, for instance, even though. the gap before R&P is endogenous, it is unlikely that only low or high productivity plants have.

5 Dec 2023: the result of actual flows at the equilibrium(endogenous value XT Cr(q)),. ... Mathemati-cally, we may summarise these possible combinations in table 1:. A priori XT Cr Endogenous XT Cr(q).

9 Jul 2023: The usual disclaimer applies. 2. SOURCES OF INCREASING RETURNS AND REGIONAL INNOVATION IN THE UK In recent years endogenous growth theories have highlighted the importance of different sources of increasing returns ... 4. Implications Our research

6 Dec 2023: Reg3 estimates a system of structural equations, where some equations may contain endogenous variables among the explanatory variables. ... These endogenous explanatory variables are the dependent variables from other equations in the system38.

9 Jul 2023: p̄)i. Introduction Model Impact assessment Data Results Conclusion. Asset fire sales, endogenous and mark-to-market effects.

6 Dec 2023: Short et al., 2003; Hirschhausen et al., 2006), but these are, at least partly, endogenous to the utilities and not included here. ... It is reasonable to assume that pricing is endogenous in eq (1) and determined by the same factors as cost with the mark

9 Jul 2023:  New scenarios looking at Financial Shocks – ‘Endogenous processes of financial shock’.

9 Jul 2023: died in armed combat. Such epidemics represent exogenous, as well as endogenous, ‘shocks’.

9 Jul 2023: KNOWLEDGE SPILLOVERS AND SOURCES OF KNOWLEDGE IN THE MANUFACTURING SECTOR: LITERATURE REVIEW AND. EMPIRICAL EVIDENCE FOR THE UK. Centre for Business Research, University Of Cambridge Working Paper No. 451. by. Elif Bascavusoglu-Moreau. University of

9 Jul 2023: combat. Such epidemics, we argue, represent exogenous, as well as endogenous,.

9 Jul 2023: Thus, exogenous attention. can be conceptualized as an interruption of endogenous attention (Carretié, 2014). ... stock, i.e., attract more endogenous investor attention. Intuitively, we expect that stimuli.

7 Dec 2023: Social Effects in the Diffusion of Solar Photovoltaic Technology in the UK EPRG Working Paper 1332 Cambridge Working Paper in Economics 1357. Laura-Lucia Richter Abstract The main research question in this paper is whether the installation rate of

5 Dec 2023: Input prices pose a challenge. Wages in particular may be endogenous to the firm and its.

5 Dec 2023: Otherwise new institutions are unstable. But their introduction could also produce unintended side-effects and set in motion a dynamic process of institutional creation by inciting the endogenous production of new

9 Jul 2023: A Regional Review, Asian Development Bank, Philippines. Alberth S and Hope C, 2007, “Climate modelling with endogenous technical change: Stochastic learning and optimal greenhouse gas abatement in the PAGE2002 model”,