Effects of broadband availability on total factor productivity in service sector firms: Evidence from Ireland

While broadband is widely believed to augment productivity, there is little firm-level evidence of a generalised causal effect. In this paper we examine whether the introduction of digital subscriber line (DSL) broadband services increased firms' productivity in nine sub-sectors within the services and distribution sector in Ireland from 2006 to 2012. Firm-level panel data on firms' characteristics are linked to spatial information on the rollout of DSL. While we do not find significant productivity effects in the services sectors taken together, we do find positive and significant effects on firm's total factor productivity in Information & Communication and Administrative & Support Services.     

Three Triggers? Negative Equity,Income Shocks and Institutions as Determinants of Mortgage Default

The Journal of Real Estate Finance and Economics - In understanding the determinants of mortgage default, the consensus has moved from an ‘option theory’ model to the ‘double...     

The price of broadband quality: tracking the changing valuation of service characteristics

This paper investigates how retail broadband prices, choice and quality are changing over time. Using a data set containing daily observations of plans offered in Ireland from 2007 to 2013, this paper applies hedonic modelling techniques to observe the changing pricing of service characteristics. Although we find that average nominal prices remain static throughout our sample period, quality of service has risen dramatically over time, particularly with respect to download speed. Some characteristics of broadband plans exhibit broadly stable valuations over time, but the elasticity of price with respect to advertised download speed and the premium on bundled services declined for most types of broadband plans during the sample period. In addition, the retail price premium enjoyed by the incumbent operator fell significantly since 2007.     

Literature-related discovery (LRD): Lessons learned, and future research directions

Literature-related discovery (LRD) is the linking of two or more literature concepts that have heretofore not been linked (i.e., disjoint), in order to produce novel, interesting, plausible, and intelligible knowledge (i.e., potential discovery). The open discovery systems (ODS) component of LRD starts with a problem to be solved, and generates solutions to that problem through potential discovery. We have been using ODS LRD to identify potential treatments or preventative actions for challenging medical problems, among myriad other applications. The five immediately preceding papers in this Special Issue describe the application of ODS LRD to Raynaud's Phenomenon (RP), cataracts, Parkinson's Disease (PD), Multiple Sclerosis (MS), and Water Purification (WP). We describe the lessons learned from each application, and how the techniques can be improved further.Generation of much potential discovery using ODS LRD is possible when the conceptual roadblocks to discovery are removed. Some of these roadblocks include use of numerical filters that are unrelated to generating discovery, and excessive reliance on literatures directly related to the problem literature of interest. The issue of how to handle large amounts of potential discovery has not been addressed in the literature, since most ODS LRD researchers have tried to find a relatively few potential discovery items. We present a development strategy that capitalizes on the large amounts of potential discovery we have identified.     

An information approach to international currencies

Models of currency competition focus on the 5% of trading attributable to balance-of-payments flows. We introduce an information approach that focuses on the other 95%. Important departures from traditional models arise when transactions convey information. First, prices reveal different information depending on whether trades are direct or though vehicle currencies. Second, missing markets arise due to insufficiently symmetric information, rather than insufficient transactions scale. Third, the indeterminacy of equilibrium that arises in traditional models is resolved: currency trade patterns no longer concentrate arbitrarily on market size. Empirically, we provide a first analysis of transactions across a full market triangle: the euro, yen and US dollar. The estimated transaction effects on prices support the information approach.     

Information technology and rural development: unique opportunity or potential threat? *

The less deterministic view of the potential contribution of information technology to rural development suggests a range of possible outcomes including centralization and decentralization. Evidence from the Republic of Ireland indicates a weak trend towards rural areas benefiting from the new technologies, and an expansion of the information economy in the urban core.     

The role of ICTs in everyday mobile lives

Information and communications technologies (ICTs) are permeating modern lifestyles, shaping and colouring the undertaking of activities and travel. This article reports on a qualitative diary and interview study that explored the ways in which ICTs are being used by students aged 18-28 and part-time working mums. Study participants were selected on the basis of being ‘informal experts’ - reflecting their affinity for engagement with ICTs. Through an exploration of the interview findings, it becomes clear that relatively new technological devices and applications have quickly become embedded into the participants’ everyday travel and communications. Changes in social practice at the level of the individuals are not visibly dramatic, but at the same time, there is evidence of a cumulative influence of ICTs on their daily lives. Technologies are enabling the participants to better accommodate the uncertainties in activity and travel scheduling and yet also contributing to a ‘fluidity’ in time-space co-ordination of activities. They are also allowing the juggling of life roles in time and space leading to apparent fragmenting of activities. The article reflects upon the travel behaviour consequences of ICTs in their influence on everyday life.     

Women and Advertising

The most vocal critics of advertising are the better-educated, more sophisticated consumers who are, in fact, the best customers for many products and services. They particularly resent condescension and sex-object imagery. There is much suggestive evidence that advertising which consumers find irritating erodes the quality and credibility of brand images. There is also evidence that advertising which they like has a positive effect on brand images. The problem seems to stem from a narrow definition of ‘advertising effectiveness’ and institutionalized advertising research procedures. This paper suggests that the solution lies in expanding our definition of effectiveness to include emotional response. It also suggests that we may be rescued by the explosion of change in media technology. As the media context changes, the dimension of liking could be a crucial criterion of advertising effectiveness.