Showing 1 - 10 of 33
Using a new survey of firms' inflation expectations in France, we provide novel evidence about the measurement and formation of inflation expectations on the part of firms. First, French firms report inflation expectations with a smaller, but still positive, bias than households and display less...
Persistent link: https://www.econbiz.de/10012660054
information at the firm-level, we show that the horizontal shock is detrimental to firms' sales, employment, and innovation … often not significant - of the vertical shock on firms' sales, employment, and innovation …
Persistent link: https://www.econbiz.de/10012616643
Persistent link: https://www.econbiz.de/10012320490
This paper investigates the role of individual firms in international business cycle comovement using data covering the universe of French firm-level value added, bilateral imports and exports, and cross-border ownership over the period 1993-2007. At the micro level, controlling for firm and...
Persistent link: https://www.econbiz.de/10012456787
This paper uses a database covering the universe of French firms for the period 1990--2007 to provide a forensic account of the role of individual firms in generating aggregate fluctuations. We set up a simple multi-sector model of heterogeneous firms selling to multiple markets to motivate a...
Persistent link: https://www.econbiz.de/10012458603
We examine whether impact investing is more effective in fostering business venture success and social impact when investments are directed toward ventures located in disadvantaged urban areas compared to similar investments directed toward ventures located outside these areas. We explore this...
Persistent link: https://www.econbiz.de/10013435113
We assemble new data on the British and French concessions in Shanghai between 1845 and 1936 to assess the legal origins view of financial development. During this period, two regime changes altered the degree to which the British common and French civil law traditions held jurisdiction over the...
Persistent link: https://www.econbiz.de/10012533343
During the French Revolution, more than 100,000 individuals, predominantly supporters of the Old Regime, fled France. As a result, some areas experienced a significant change in the composition of the local elites whereas in others the pre-revolutionary social structure remained virtually...
Persistent link: https://www.econbiz.de/10012453778
Persistent link: https://www.econbiz.de/10013480896
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …
Persistent link: https://www.econbiz.de/10012482599