🦜 Business Economics
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Business Economics
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Returns to green tasks in Europe: evidence from online job vacancies
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2184&r=&r=bec
Published: May 21, 2026 00:00
Do the determinants of technology adoption depend on technological architecture? Using administrative data on Turkish firms from 2021 to 2024, we compare the adoption of traditional and generative artificial intelligence (GenAI).We show that GenAI adoption…
Should we stay or should we go? Firms’ decision on services mode of supply
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2182&r=&r=bec
Published: May 15, 2026 00:00
Services account for one-third of global trade, yet little is known about the impact of trade restrictions on services trade. To make progress in this area, it is crucial to understand through which modes services are traded (cross-border, consumption…
Mind the break-up: when policy disrupts firms' supply chains
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2183&r=&r=bec
Published: May 15, 2026 00:00
This paper examines how policy-induced supply-chain shocks affect firms' performances, using the UK-EU Trade and Cooperation Agreement (TCA) as a source of exogenous variation. Using UK microdata on firm-level goods and services trade linked to firm's…
Management and misallocation in Mexico
https://d.repec.org/n?u=RePEc:ehl:lserod:138432&r=&r=bec
Published: April 30, 2026 00:00
Using comprehensive administrative management surveys from Mexico and the United States, we document large management gaps between the two countries, driven by both lower average management quality among Mexican firms and greater misallocation. Compared…
Investment in Demand and Dynamic Competition for Customers
https://d.repec.org/n?u=RePEc:pen:papers:26-006&r=&r=bec
Published: April 30, 2026 00:00
The allocation of demand across firms determines aggregate productivity. Firms affect allocations through prices and non-price investment in demand. We develop a framework with search frictions and dynamic customer relationships in which demand investment…
Gaming the Giants: How Startups Shape Innovation to Spark Acquisition Wars
https://d.repec.org/n?u=RePEc:tse:wpaper:131684&r=&r=bec
Published: April 20, 2026 00:00
We study a startup’s choice of its “direction of innovation, ” how well the technology fits alternative acquirers, and the effects on acquisition outcomes and market dominance. Two horizontally differentiated firms bid to acquire the innovation and then…
Stabilization vs. Growth
https://d.repec.org/n?u=RePEc:fip:fedlwp:103046&r=&r=bec
Published: April 16, 2026 00:00
Should firms in financial distress be saved to stabilize an economy, even if less productive ones are kept alive, possibly reducing economic growth? To assess this fundamental stabilization-vs.-growth trade-off, we develop a new dynamic general equilibrium…
AI unbound: digital infrastructure, AI adoption, and firm performance
https://d.repec.org/n?u=RePEc:cep:cepdps:dp2172&r=&r=bec
Published: April 15, 2026 00:00
We study how digital infrastructure relaxes constraints on the diffusion and economic impact of artificial intelligence (AI). Using administrative data and a nationally representative enterprise survey from Turkey (2021-2024), we document significant…
Chokepoint: the Financial Effects of Rare Earth Supply Disruptions
https://d.repec.org/n?u=RePEc:gii:giihei:heidwp10-2026&r=&r=bec
Published: April 9, 2026 00:00
This paper constructs a high-frequency, news-based measure of rare earth supply shocks to examine how disruptions in these critical inputs affect global firm valuations. Using news articles between 2021 and 2025, I identify exogenous rare earth supply…