The Experts below are selected from a list of 2019723 Experts worldwide ranked by ideXlab platform

Melissa F Wasserman - One of the best experts on this subject based on the ideXlab platform.

Jean O Lanjouw - One of the best experts on this subject based on the ideXlab platform.

  • how to count patents and value intellectual property the uses of patent renewal and Application Data
    Journal of Industrial Economics, 1998
    Co-Authors: Jean O Lanjouw, Ariel Pakes, Jonathan Putnam
    Abstract:

    Patent counts are very imperfect measures of innovative output. This paper discusses how additional Data-the number of years a patent is renewed and the number of countries in which protection for the same invention is sought--can be used to improve on counts in studies that require a measure of the extent of innovation. Simple weighting schemes are proposed, which may remove half of the noise in patent counts as a measure of innovative output. We describe models of the patent Application and renewal processes whose parameter estimates can be used to assess the value of the proprietary rights created by the patent laws. We illustrate their use with estimates of how the value of patent protection would vary under alternative legal rules and renewal fees and with estimates of the international flows of returns from the patent system. Recent progress in the development of Databases has increased the potential for this type of analysis.

  • how to count patents and value intellectual property the uses of patent renewal and Application Data
    Journal of Industrial Economics, 1998
    Co-Authors: Jean O Lanjouw, Ariel Pakes, Jonathan Putnam
    Abstract:

    Patent counts are very imperfect measures of innovative output. This paper discusses how additional Data-the number of years a patent is renewed and the number of countries in which protection for the same invention is sought - can be used to improve on counts in studies which require a measure of the extent of innovation. A simple renewal based weighting scheme is proposed which may remove half of the noise in patent counts as a measure of innovative output. The paper also illustrates how these Data can be used to estimate the value of the proprietary rights created by the patent laws. The parameters estimated in this analysis can be used to answer a series of questions related to the value of patents. We illustrate with estimates of how the value of patent protection would vary under alternative legal rules and renewal fees, and with estimates of the international flows of returns from the patent system. Recent progress in the development of Databases has increased the potential for this type of analysis.

  • how to count patents and value intellectual property uses of patent renewal and Application Data
    Social Science Research Network, 1996
    Co-Authors: Jean O Lanjouw, Ariel Pakes, Jonathan D Putnam
    Abstract:

    Patent counts are very imperfect measures of innovative output. This paper discusses how additional Data-the number of years a patent is renewed and the number of countries in which protection for the same invention is sought - can be used to improve on counts in studies which require a measure of the extent of innovation. A simple renewal based weighting scheme is proposed which may remove half of the noise in patent counts as a measure of innovative output. The paper also illustrates how these Data can be used to estimate the value of the proprietary rights created by the patent laws. The parameters estimated in this analysis can be used to answer a series of questions related to the value of patents. We illustrate with estimates of how the value of patent protection would vary under alternative legal rules and renewal fees, and with estimates of the international flows of returns from the patent system. Recent progress in the development of Databases has increased the potential for this type of analysis.

Michael D Frakes - One of the best experts on this subject based on the ideXlab platform.

Benjamin Guin - One of the best experts on this subject based on the ideXlab platform.

  • the exposure of mortgage borrowers to interest rate risk and house price risk evidence from swiss loan Application Data
    Swiss Journal of Economics and Statistics, 2015
    Co-Authors: Martin Brown, Benjamin Guin
    Abstract:

    We study the exposure of mortgage borrowers in Switzerland to interest rate, income and house price risks and examine how the households’ choice of risky mortgages is related to individual interest rate expectations and risk-aversion. Our analysis is based on a unique Data set of household mortgage Applications from September 2012 until January 2014. Our assessment of risk exposure among mortgage borrowers in Switzerland is highly sensitive to the underlying assumptions on mortgage costs, household income and house value. Our main results suggest that the exposure of mortgage borrowers to interest rate and house price risks is limited in the medium-term. We further document that the choice of mortgage contract seems to be more influenced by affordability concerns than risk concerns. In particular, individual interest rate expectations hardly affect mortgage contract choice.

  • the exposure of mortgage borrowers to interest rate risk and house price risk evidence from swiss loan Application Data
    Swiss Journal of Economics and Statistics, 2015
    Co-Authors: Martin Brown, Benjamin Guin
    Abstract:

    We study the exposure of mortgage borrowers in Switzerland to interest rate and house price risks and examine how the households' choice of risky mortgages is related to individual interest rate expectations and risk-aversion. Our analysis is based on a unique Data set of household mortgage Applications from September 2012 until January 2014. Our assessment of risk exposure among mortgage borrowers in Switzerland is highly sensitive to the underlying assumptions on mortgage costs, household income and house value. Our main results suggest that the exposure of mortgage borrowers to interest rate and house price risks is limited in the medium term. We further document that the choice of mortgage contract seems to be more influenced by affordability concerns than risk concerns. In particular, individual interest rate expectations hardly affect mortgage contract choice.

  • the exposure of mortgage borrowers to interest rate risk income risk and house price risk evidence from swiss loan Application Data
    2015
    Co-Authors: Martin Brown, Benjamin Guin
    Abstract:

    We study the exposure of mortgage borrowers in Switzerland to interest rate, income and house price risks and examine how the households’ choice of risky mortgages is related to individual interest rate expectations and risk-aversion. Our analysis is based on a unique Data set of household mortgage Applications from September 2012 until January 2014. Our assessment of risk exposure among mortgage borrowers in Switzerland is highly sensitive to the underlying assumptions on mortgage costs, household income and house value. Our main results suggest that the exposure of mortgage borrowers to interest rate and house price risks is limited in the medium-term. We further document that the choice of mortgage contract seems to be more influenced by affordability concerns than risk concerns. In particular, individual interest rate expectations hardly affect mortgage contract choice.

Ariel Pakes - One of the best experts on this subject based on the ideXlab platform.

  • how to count patents and value intellectual property the uses of patent renewal and Application Data
    Journal of Industrial Economics, 1998
    Co-Authors: Jean O Lanjouw, Ariel Pakes, Jonathan Putnam
    Abstract:

    Patent counts are very imperfect measures of innovative output. This paper discusses how additional Data-the number of years a patent is renewed and the number of countries in which protection for the same invention is sought--can be used to improve on counts in studies that require a measure of the extent of innovation. Simple weighting schemes are proposed, which may remove half of the noise in patent counts as a measure of innovative output. We describe models of the patent Application and renewal processes whose parameter estimates can be used to assess the value of the proprietary rights created by the patent laws. We illustrate their use with estimates of how the value of patent protection would vary under alternative legal rules and renewal fees and with estimates of the international flows of returns from the patent system. Recent progress in the development of Databases has increased the potential for this type of analysis.

  • how to count patents and value intellectual property the uses of patent renewal and Application Data
    Journal of Industrial Economics, 1998
    Co-Authors: Jean O Lanjouw, Ariel Pakes, Jonathan Putnam
    Abstract:

    Patent counts are very imperfect measures of innovative output. This paper discusses how additional Data-the number of years a patent is renewed and the number of countries in which protection for the same invention is sought - can be used to improve on counts in studies which require a measure of the extent of innovation. A simple renewal based weighting scheme is proposed which may remove half of the noise in patent counts as a measure of innovative output. The paper also illustrates how these Data can be used to estimate the value of the proprietary rights created by the patent laws. The parameters estimated in this analysis can be used to answer a series of questions related to the value of patents. We illustrate with estimates of how the value of patent protection would vary under alternative legal rules and renewal fees, and with estimates of the international flows of returns from the patent system. Recent progress in the development of Databases has increased the potential for this type of analysis.

  • how to count patents and value intellectual property uses of patent renewal and Application Data
    Social Science Research Network, 1996
    Co-Authors: Jean O Lanjouw, Ariel Pakes, Jonathan D Putnam
    Abstract:

    Patent counts are very imperfect measures of innovative output. This paper discusses how additional Data-the number of years a patent is renewed and the number of countries in which protection for the same invention is sought - can be used to improve on counts in studies which require a measure of the extent of innovation. A simple renewal based weighting scheme is proposed which may remove half of the noise in patent counts as a measure of innovative output. The paper also illustrates how these Data can be used to estimate the value of the proprietary rights created by the patent laws. The parameters estimated in this analysis can be used to answer a series of questions related to the value of patents. We illustrate with estimates of how the value of patent protection would vary under alternative legal rules and renewal fees, and with estimates of the international flows of returns from the patent system. Recent progress in the development of Databases has increased the potential for this type of analysis.