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Immigration, Real Estate Prices and the Consumption Decision of Native Households

Since house prices govern the consumption decisions of renters and owners alike, changing house prices can have far-reaching macroeconomic consequences. We analyze how the disposable income and consumption decisions of households are affected by exogenous house price changes in Switzerland. We look at consumption of both housing and nondurable goods to establish a comprehensive…

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Win-win and no-win situations in supply chain finance: The case of accounts receivable programs

The paper aims to investigate whether supply chain finance (SCF) solutions have the potential to create tripartite value in the international trade arena. Distinguishing three actors, this value proposition is examined by modeling an accounts receivable platform (ARP) program. The setting is adapted to a supply chain with an OECD supplier and non-OECD buyers. The paper identifies…

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Kaum Wachstum – Schweizer Logistikmarkt hält den Atem an

Die Auswirkungen des Frankenschocks bringen auch die Schweizer Logistikbranche ins Wanken. Nach ersten Berechnungen wird das Logistikmarktvolumen im Jahr 2015 um 0,9 Prozent auf 38,8 Milliarden Franken sinken. Für 2016 ist wieder mit einem leichten Wachstum zu rechnen.

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Governance Structure and the Credibility Gap: Experimental Evidence on Family Businesses’ Sustainability Reporting

This paper examines the success of corporate communication in voluntary sustainability reporting. Existing studies have focused on the perspective of the communicators but lack an understanding of the perspective of information recipients to clearly evaluate this interactive communication process. This paper looks at the issue of a credibility gap perceived by external stakeholders…

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Nighttime lights as a proxy for human development at the local Level

Nighttime lights are increasingly used by social scientists as a proxy for economic activity and economic development in subnational spatial units. However, so far, our understanding of what nighttime lights capture is limited. We construct local indicators of household wealth, education and health from geo-coded Demographic and Health Surveys (DHS) for 29 African countries. We show…

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Customer-Driving Marketing: Neue Kundenbedürfnisse wecken

Kundenbedürfnisse verändern sich unabhängig von technologischen Entwicklungen. Diese Veränderungen müssen möglichst frühzeitig identifiziert und für das eigene Unternehmen genutzt werden. Doch den meisten Unternehmen gelingt es nicht, sich von den derzeitigen Bedürfnissen ihrer Kunden zu lösen: Sie sind „Customer-Driven“. Dieses Verhalten führt zwar zu marginalen Verbesserungen der…

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Family firms and national competitiveness: Does family firm prevalence matter?

We revisit the question of family firms (FFs) and their capacity for internationalization, and link it to the literature on national competitiveness. We draw widely on the FF competitive advantage and internationalization literature to argue that FFs’ organizing preferences and capabilities will typically support exporting and that these same organizing preferences will mitigate…

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Heterogeneous Employment Effects of Job Search Programmes: A Machine Learning Approach

We systematically investigate the effect heterogeneity of job search programmes for unemployed workers. To investigate possibly heterogeneous employment effects, we combine non-experimental causal empirical models with Lasso-type estimators. The empirical analyses are based on rich administrative data from Swiss social security records. We find considerable heterogeneities only…

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Income Inequality and Technology Diffusion

This paper investigates how household income inequality shapes the diffusion of tech-
nologies. A simple demand side model with hierarchical preferences is used to show that
after some minimum level of average income relative to the price of the technology is
achieved, more consumer inequality hinders the diffusion process for new technologies.
Using data on…

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Work-related Social Support Modulates Effects of Early Life Stress on Limbic Reactivity during Stress

Early life stress (ELS) affects stress- reactivity via limbic brain regions implicated such as hippocampus and amygdala. Social support is a major protective factor against ELS effects, while subjects with ELS experience reportedly perceive less of it in their daily life. The workplace, where most adults spend a substantial amount of time in their daily lives, might serve as a major…

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