Search Results - "Gugler, Klaus"

Corporate governance and dividend pay-out policy in Germany by Gugler, Klaus, Yurtoglu, B.Burcin

“…A new explanation of why dividends may be informative is put forward in this paper. We find evidence that dividends signal the severity of the conflict between…”
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Effectiveness of climate policies: Carbon pricing vs. subsidizing renewables by Gugler, Klaus, Haxhimusa, Adhurim, Liebensteiner, Mario

“…Most but not all economists view carbon pricing as most effective to combat carbon emissions, whereas other policies are widely applied and highly debated. We…”
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Go for Gigabit? First Evidence on Economic Benefits of High‐speed Broadband Technologies in Europe by Briglauer, Wolfgang, Gugler, Klaus

“…The literature on the effects of investment in broadband infrastructure finds positive macroeconomic effects. However, it is severely constrained because it…”
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The Impact of Corporate Governance on Investment Returns in Developed and Developing Countries by Gugler, Klaus, Mueller, Dennis C., Burcin Yurtoglu, B.

“…We shed light on three conundrums in the literature on investment: why investments out of different sources of finance earn different returns, why different…”
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Market integration and technology mix: Evidence from the German and French electricity markets by Gugler, Klaus, Haxhimusa, Adhurim

“…We employ hourly data from German and French electricity markets and show that integration of German and French electricity markets depends on the technology…”
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Productivity growth and incentive regulation in Austria's gas distribution by Gugler, Klaus, Liebensteiner, Mario

“…The projected rate of productivity growth is the critical determinant of the price cap in incentive regulation. However, the regulatory authorities generally…”
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The effects of mergers on company employment in the USA and Europe by Gugler, Klaus, Yurtoglu, B.Burcin

“…We systematically analyse the effects of mergers and acquisitions on the demand for labour in the USA and Europe. We do not find adverse effects of mergers on…”
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Carbon pricing and emissions: Causal effects of Britain's carbon tax by Gugler, Klaus, Haxhimusa, Adhurim, Liebensteiner, Mario

“…This study estimates that the introduction of a carbon tax in the British power sector in 2013 and its two subsequent elevations in 2014 and 2015 led to a…”
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The persistence of profits in banking: an international comparison by Gugler, Klaus, Peev, Evgeni

“…This article examines the dynamics of bank profitability in the USA, Germany, Great Britain, France, Italy and Switzerland over the period 1993-2014. We find…”
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Environmental Policies and directed technological change by Gugler, Klaus, Szücs, Florian, Wiedenhofer, Thomas

“…This article evaluates if and to which extent policy can steer innovation towards eco-friendly technologies. We construct a cross-country dataset on sectoral…”
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Corporate governance, dividend payout policy, and the interrelation between dividends, R&D, and capital investment by Gugler, Klaus

“…This paper investigates the relationship between dividends and the ownership and control structure of the firm. For a panel of Austrian firms over the 1991/99…”
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A retrospective study on the regional benefits and spillover effects of high-speed broadband networks: Evidence from German counties by Briglauer, Wolfgang, Dürr, Niklas, Gugler, Klaus

“…•We employ an unbalanced panel for all 401 German counties for 2010–2015.•We estimate GDP effects of broadband bandwidth within and across counties.•An…”
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Employment behavior and the economic crisis: Evidence from winners and runners-up in procurement auctions by Gugler, Klaus, Weichselbaumer, Michael, Zulehner, Christine

“…To estimate the differential effects of increased product demand on the demand for labor before and during the recent economic crisis, we use a combination of…”
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Integration of European Electricity Markets: Evidence from Spot Prices by Gugler, Klaus, Haxhimusa, Adhurim, Liebensteiner, Mario

“…This paper investigates the current state of market integration among European electricity day-ahead spot prices. In our empirical analysis we utilize a large…”
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Vertical disintegration in the European electricity sector: Empirical evidence on lost synergies by Gugler, Klaus, Liebensteiner, Mario, Schmitt, Stephan

“…•We investigate economies of vertical integration (EVI) of European electricity utilities.•Our results confirm the presence of substantial EVI.•Sources of EVI…”
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The deployment and penetration of high-speed fiber networks and services: Why are EU member states lagging behind? by Briglauer, Wolfgang, Gugler, Klaus

“…One of the most controversial regulatory issues in Europe (and elsewhere) is whether the emerging next-generation access (NGA) infrastructure should be…”
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Market Power versus Efficiency Effects of Mergers and Research Joint Ventures: Evidence from the Semiconductor Industry by Gugler, Klaus, Siebert, Ralph

“…Merger control authorities may approve a merger based on an "efficiency defense." An important aspect in clearing mergers is that the efficiencies need to be…”
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Investment opportunities, uncertainty, and renewables in European electricity markets by Gugler, Klaus, Haxhimusa, Adhurim, Liebensteiner, Mario, Schindler, Nora

“…We investigate investment decisions in electricity generation technologies under uncertainty. The econometric analysis is based on a vast dataset of…”
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Net neutrality and high-speed broadband networks: evidence from OECD countries by Briglauer, Wolfgang, Cambini, Carlo, Gugler, Klaus, Stocker, Volker

“…Network neutrality regulations are intended to preserve the Internet as a non-discriminatory, public network and an open platform for innovation. Whereas the…”
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Merger externalities in oligopolistic markets by Gugler, Klaus, Szücs, Florian

“…•We evaluate the externalities of 183 large mergers on rivals.•We use synthetic control groups to create counterfactuals.•We find a significant positive…”
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