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This paper studies the effect of corporate and personal taxes on innovation in the United States over the twentieth century. We use three new datasets: a panel of the universe of inventors who patent since 1920; a dataset of the employment, location and patents of firms active in R&D since 1921; and a...
Persistent link: https://www.econbiz.de/10012911035
This paper studies the effect of corporate and personal taxes on innovation in the United States over the twentieth century. We use three new datasets: a panel of the universe of inventors who patent since 1920; a dataset of the employment, location and patents of firms active in R&D since 1921; and a...
Persistent link: https://www.econbiz.de/10012911499
This paper studies the effect of corporate and personal taxes on innovation in the United States over the twentieth century. We use three new datasets: a panel of the universe of inventors who patent since 1920; a dataset of the employment, location and patents of firms active in R&D since 1921; and a...
Persistent link: https://www.econbiz.de/10012480635
Persistent link: https://www.econbiz.de/10011914344
(middling, mix of relationship and transaction-based) are surveyed throughout U.S. banking history. Megabanks are relatively new … scale have been found in some recent studies but they appear to include underpriced government insurance and rewards for bad …
Persistent link: https://www.econbiz.de/10013026222
Annual time series data show that from 1790 through 2010 only about 1 percent of U.S. commercial banks failed each year on average. Many community banks, including mutual savings banks and local commercial banks, provided valuable intermediation services for decades before failing or, more...
Persistent link: https://www.econbiz.de/10013038005
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