This paper examines the effects of IT-related spillovers on firm-level productivity improvements over a long-term horizon. In contrast, prior research has largely focused on the direct and contemporaneous impacts of IT investments. As a result, we do not fully understand how IT investments are associated with ongoing productivity improvements in future periods and how spillovers influence these...

Examinations of the dynamics of daily returns and volatility in stock markets of the U.S., Hong Kong and mainland China (Shanghai and Shenzhen) over 2 January 2001 to 8 February 2013 suggest: (1) evidence of unidirectional return spillovers from the U.S. to the other three markets; but no spillover between Hong Kong and either of the two mainland China markets; (2) evidence of unidirectional AR...

Eye-movements in reading exhibit frequency spillover effects: fixation durations on a word are affected by the frequency of the previous word. We explore the idea that this effect may be an emergent property of a computationally rational eyemovement strategy that is navigating a tradeoff between processing immediate perceptual input, and continued processing of past input based on memory. We pr...

............................................................................................. iii Acknowledgements.................................................................................. iv List of Tables........................................................................................ vii Chapter

besides being a forum of exchange of ideas, it provides the ideal environment where junior researchers and Ph.D. students meet senior researchers. ICTCS 2013 is also open to researchers from outside Italy, who are welcome to submit papers and attend the Conference. During the General Assembly, Stefano Bistarelli, the Organizing Committee Chair of ICTCS 2014 gave an entertaining report on the lo...

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Over the past two decades, Germany experienced several periods of banking system instability rather than full-blown banking system crises. In this paper we introduce a continuous and forward-looking stability indicator for the banking system based on information on all financial institutions in Germany between 1995 and 2010. Explaining this measure by means of panel regression techniques, we id...

As international financial markets have become increasingly interdependent, new evidence on international spillover effects has widely been discussed around the globe. However, the MENA region has received little attention concerning international transmission of stock market movements. In this paper, we discuss international spillover effects between the major developed markets (U.S., Japan an...

Using a simple monopoly model, we examine the effects of economic integration. We show that the number of markets and the shape of marginal revenue curves are crucial to evaluate economic integration when the marginal cost is not constant. The effects of tariff-reductions in a three-country model are in contrast with those in a two-country model. The effects also depend on what trade policy the...

Of late, there has been a renewed and reinvigorated exchange of ideas across science and technology studies and participatory design, emerging from a shared interest in ‘publics’. In this article, we explore the role of participatory design in constituting publics, drawing together recent scholarship in both science and technology studies and participatory design. To frame our discussion, we pr...