MIT Sloan School of Management Working Paper Series最新文献

Global Strategy and MNC Capabilities 全球战略和跨国公司能力

MIT Sloan School of Management Working Paper Series Pub Date : 2021-05-04 DOI: 10.2139/ssrn.3850229

D. Lessard, D. Westney

引用次数: 0

The ECB's Instruments for Crises and Normal Times: Considerations for the Policy Strategy Review 欧洲央行应对危机和正常时期的工具:对政策战略评估的考虑

MIT Sloan School of Management Working Paper Series Pub Date : 2020-11-30 DOI: 10.2139/ssrn.3749303

Athanasios Orphanides

引用次数: 2

The Relative Importance of Fiscal and Monetary Policy: An Empirical Perspective 财政政策与货币政策的相对重要性:一个实证视角

MIT Sloan School of Management Working Paper Series Pub Date : 2020-06-30 DOI: 10.2139/ssrn.3595562

M. Czasonis, M. Kritzman, D. Turkington

引用次数: 0

Cooperative Search Advertising 合作搜索广告

MIT Sloan School of Management Working Paper Series Pub Date : 2018-05-23 DOI: 10.2139/ssrn.2837261

X. Cao, T. Ke

{"title":"Cooperative Search Advertising","authors":"X. Cao, T. Ke","doi":"10.2139/ssrn.2837261","DOIUrl":"https://doi.org/10.2139/ssrn.2837261","url":null,"abstract":"Channel coordination in search advertising is an important but complicated managerial decision for both manufacturers and retailers. A manufacturer can sponsor retailers to advertise his products while at the same time compete with them in position auctions. We model a manufacturer and retailers' cooperation and intra-brand competition in advertising, as well as inter-brand competition with other advertisers. We consider a simple coordination mechanism where a manufacturer shares a fixed percentage of a retailer's advertising cost. Our model prescribes the optimal cooperative advertising strategies from the manufacturer's perspective. We find that it can be optimal for a manufacturer not to cooperate with all his retailers even if they are ex ante the same. This reflects the manufacturer's trade-off between a higher demand versus a higher bidding cost resulting from more competition. We also find that an advertiser's position rank in equilibrium is entirely determined by his channel profit per click, no matter he is a manufacturer or retailer. Consequently, when determining whether to advertise directly to consumers or via retailers, a manufacturer should compare his profit per click from direct sales with the retailer's total channel profit per click; similarly, when choosing which retailer to sponsor, a manufacturer should compare their total channel profits per click. We also investigate how a manufacturer uses both wholesaling and advertising contracts to coordinate channels with endogenous retail prices.","PeriodicalId":239656,"journal":{"name":"MIT Sloan School of Management Working Paper Series","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125816827","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 27

Analysis of Gender Differences in Salaries: Evidence for India (Delhi Ncr) 工资性别差异分析:以印度为例(德里Ncr)

MIT Sloan School of Management Working Paper Series Pub Date : 2018-03-30 DOI: 10.2139/ssrn.3188171

K. Agarwala

引用次数: 1

A New Categorization of the U.S. Economy: The Role of Supply Chain Industries in Innovation and Economic Performance 美国经济的新分类:供应链产业在创新和经济绩效中的作用

MIT Sloan School of Management Working Paper Series Pub Date : 2017-10-09 DOI: 10.2139/ssrn.3050296

Mercedes Delgado, Karen G. Mills

{"title":"A New Categorization of the U.S. Economy: The Role of Supply Chain Industries in Innovation and Economic Performance","authors":"Mercedes Delgado, Karen G. Mills","doi":"10.2139/ssrn.3050296","DOIUrl":"https://doi.org/10.2139/ssrn.3050296","url":null,"abstract":"An active debate has centered on the importance of manufacturing for driving innovation in the U.S. economy. This paper proposes an alternative framework that focuses on the role of suppliers of goods and services (the “supply chain economy”) in national performance. Using the 2002 Benchmark Input- Output Accounts, we introduce a new industry categorization that separates supply chain (SC) industries (i.e., those that sell their goods and services primarily to businesses or government) from business-to-consumer (B2C) industries (i.e., those that sell primarily to consumers). We find that the supply chain economy is a distinct and large segment of the economy, with a mix of manufacturers and more importantly service providers. Supply chain industries, especially “traded” services (i.e., those that are sold across regions, like software), have higher average wages than B2C industries. The supply chain economy also has a much larger intensity of STEM jobs and generates the majority of patents. While STEM jobs are most prevalent among suppliers of traded services, patents are concentrated primarily in manufacturing suppliers. We also find that employment in the economy has been evolving from manufacturing into different types of services for the period under examination (1998–2013): SC traded services (with the highest STEM intensity and wages) experienced high growth in employment and wages; and B2C local services (with the lowest STEM intensity and wages) experienced high growth in employment but a decline in wages. Overall, our findings suggest that the subcategory of supply chain traded services is particularly important to innovation and the economy.","PeriodicalId":239656,"journal":{"name":"MIT Sloan School of Management Working Paper Series","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115392731","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

Central Bank Policies and the Debt Trap 中央银行政策和债务陷阱

MIT Sloan School of Management Working Paper Series Pub Date : 2017-02-06 DOI: 10.2139/ssrn.2912609

Athanasios Orphanides

引用次数: 18

The Influence of Green Supply Chain Management Practices on Firm Competitiveness Performances 绿色供应链管理实践对企业竞争力绩效的影响

MIT Sloan School of Management Working Paper Series Pub Date : 2016-12-08 DOI: 10.2139/ssrn.2882969

Nur Syakila

{"title":"The Influence of Green Supply Chain Management Practices on Firm Competitiveness Performances","authors":"Nur Syakila","doi":"10.2139/ssrn.2882969","DOIUrl":"https://doi.org/10.2139/ssrn.2882969","url":null,"abstract":"Purpose – The purposes of this study are to examine the significance of GSCM practices- green production, green purchasing and investment recovery towards firm competitiveness performances. Furthermore, the green practices have to be told to the various industries to mitigate and minimize the negative environmental impact. Therefore the employees must be aware of the green practices so that it will encourage everyone to cooperate in it. \u0000Methodology – The method that used is quantitative research which is questionnaire. They distributed it to respondents under the scope of manufacturing firms that using ISO 14001.541 questionnaires had been distributed to the specific person that holds the managerial position of the company but only 100 usable questionnaires were returned and it is the only results that have been used for the entire research. The results are based on regression analysis and equation modeling by using SPSS software. \u0000Findings – The study finds that green production and green purchasing are positive relationship and investment recovery are negative relationship between firm competitiveness performances. \u0000Practical implications – Some of the implications are the positive impact on firm competitiveness regarding green production and green purchasing. Then, to encourage firms to implement GSCM practices in their industry and the firm can implement the 3Rs program which is reuse, reduce and recycle in the production lines. \u0000Originality/value – A comprehensive GSCM practices model is proposed and empirically assessed. The results of this investigation support the proposition that GSCM practices are influence on firm competitiveness performances.","PeriodicalId":239656,"journal":{"name":"MIT Sloan School of Management Working Paper Series","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131883883","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

The Mortgage Credit Channel of Macroeconomic Transmission 宏观经济传导的抵押信贷渠道

MIT Sloan School of Management Working Paper Series Pub Date : 2016-11-23 DOI: 10.2139/ssrn.2735491

Daniel L. Greenwald

{"title":"The Mortgage Credit Channel of Macroeconomic Transmission","authors":"Daniel L. Greenwald","doi":"10.2139/ssrn.2735491","DOIUrl":"https://doi.org/10.2139/ssrn.2735491","url":null,"abstract":"This paper investigates if, how, and when mortgage credit growth propagates and amplifies shocks to the macroeconomy, and evaluates the implications of these dynamics for monetary and macroprudential policy. I develop a general equilibrium framework with endogenous prepayment decisions by borrowers and two credit constraints: a loan to-value constraint, and a limit on the ratio of mortgage payments to income. This realistic structure delivers powerful transmission from interest rates, into mortgage credit growth, house prices and aggregate demand. The keys to transmission are a constraint switching effect through which changes in which constraint binds for borrowers cause large movements in house prices, and a frontloading effect through which waves of prepayment transmit movements in credit limits into the real economy. Monetary policy is more effective at stabilizing inflation due to this channel, but contributes to larger fluctuations in credit growth. A relaxation of payment-to-income standards alone, calibrated to loan-level data, can generate roughly half of the observed increase in price-rent (43%) and debt-to household-income (53%) ratios, while relaxation of loan-to-value standards generates a much smaller boom. A cap on payment-to-income ratios, not loan-to-value ratios, is found to be the more effective macroprudential policy for limiting boom-bust cycles.","PeriodicalId":239656,"journal":{"name":"MIT Sloan School of Management Working Paper Series","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133124633","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 205

Transparency and Security in the Derivatives Market: The Brazilian Case 衍生品市场的透明度和安全性:巴西的案例

MIT Sloan School of Management Working Paper Series Pub Date : 2016-01-20 DOI: 10.2139/ssrn.2856353

Marcelo Maziero, J. Savóia, Fabiana Lopes da Silva

引用次数: 0