The advent of cloud computing promises to improve the way firms utilize IT solutions. Firms are expected to replace large and inflexible fixed-cost investments in IT with more targeted variable spending in cloud solutions. In addition, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to their specific needs. We assess these assertions ...
In sequential interactions, both the agent’s intention and the outcome of his choice may influence the principal’s action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the principal when deciding on a reciprocating action. We employ a controlled experiment to investigate how intentions and outcome affect the principal’s actions ...
Fachkräftemangel – und in vielen Bereichen auch genereller Arbeitskräftemangel – prägt zunehmend die OECD-Arbeitsmärkte. Doch das verschafft nicht allen Erwerbstätigen eine gute Beschäftigung. Die Pandemie könnte sich gerade für Jüngere, Frauen und Eingewanderte nachteilig ausgewirkt haben und die Ungleichheit am Arbeitsmarkt verstärken...
Urban areas are confronted with a chronic shortage of housing, especially in the low-rent segment. This precarious situation is further exacerbated by major chal-lenges, like the destruction of housing by wars and natural catastrophes, rapid increase of demand, or a pandemic cutting incomes. In response, the authorities take advantage of rent control that slows down rent increases or even freezes rents. ...
In this paper, we investigate how European households changed the diversity of their financial portfolios in response to the Great Financial and the subsequent European Debt Crisis. For this purpose we apply a Difference-in-Differences (DiD) approach estimated as a correlated random effects (CRE) model to six waves of the Survey of Health, Ageing and Retirement in Europe (SHARE). We find that households ...
Das Konjunkturbarometer des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin) liegt im August bei 78,7 Punkten und verharrt somit weit unter der 100-Punkte-Schwelle, die für ein durchschnittliches Wachstum der deutschen Wirtschaft steht. Gegenüber Juli hat sich der Wert um knapp sieben Punkte verbessert. Angesichts des schwierigen Umfelds mit hoher Inflation, Energiekrise und ...
