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test this hypothesis using interest rates on longer-maturity bonds for the U.S., Germany, Japan and Canada. The results of …
Persistent link: https://www.econbiz.de/10012467610
, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies …
Persistent link: https://www.econbiz.de/10012467625
century for the US, Japan, UK, Germany and France, and a shorter sample covering the last third of the twentieth century for …
Persistent link: https://www.econbiz.de/10012469021
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
This paper studies the effect of top tax rates on inventors' international mobility since 1977. We put special emphasis on "superstar" inventors, those with the most abundant and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track...
Persistent link: https://www.econbiz.de/10012457644
In this paper we provide empirical measures of central bank credibility and augment these with historical narratives from eleven countries. To the extent we are able to apply reliable institutional information we can also indirectly assess their role in influencing the credibility of the...
Persistent link: https://www.econbiz.de/10012457842
This paper examines the historical evolution of central bank credibility using both historical narrative and empirics for a group of 16 countries, both advanced and emerging. It shows how the evolution of credibility has gone through a pendulum where credibility was high under the classical gold...
Persistent link: https://www.econbiz.de/10012457973
period 1994-2006 in Japan and 7,828 firms over the period 1993-2008 in the Netherlands, we first apply two procedures to …
Persistent link: https://www.econbiz.de/10012459603
growth varies considerably over time and across the four countries, and it is always less important, except in Japan, than … Japan (30%), while TFP levels are very close in France, the United Kingdom and the United States, but much lower (40%) in … Japan …
Persistent link: https://www.econbiz.de/10012463072
.S. and Canada and the U.S. and Japan is negligible …
Persistent link: https://www.econbiz.de/10012466966