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Net Neutrality with Competing Internet Platforms
Bourreau, Marc; Kourandi, Frago; Valletti, Tommaso - C.E.P.R. Discussion Papers - 2014
study the effect of a net neutrality regulation on capacity investments in the market for Internet access, and on innovation … capacity and content innovation are both higher than under net neutrality. Total welfare increases, though the discriminatory …
Persistent link: https://www.econbiz.de/10011083479
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Profit Taxation, Innovation and the Financing of Heterogeneous Firms
Keuschnigg, Christian; Ribi, Evelyn - C.E.P.R. Discussion Papers - 2010
investment of constrained firms by reducing free cash-flow and thereby discourage innovation. (iii) A revenue neutral increase in …Credit constraints are more frequent among growth companies with large investment opportunities. For the same reason … endogenous share opts for innovation and faces credit constraints in the subsequent expansion phase. We emphasize four results …
Persistent link: https://www.econbiz.de/10008468605
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Are Capital Flows Consistent with the Neoclassical Growth Model? Evidence from a Cross-section of Developing Countries
Manzocchi, Stefano; Martin, Philippe - C.E.P.R. Discussion Papers - 1996
We identify the determinants of capital movements in an ‘augmented-Solow’ model where capital mobility is restricted to a subset of capital assets. We then test the prediction of the neoclassical model and find that it is consistent with the evidence on net capital flows in a cross-section...
Persistent link: https://www.econbiz.de/10005661577
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Should Firms be Required to Pay for Vocational Training?
Stevens, Margaret - C.E.P.R. Discussion Papers - 1999
to make firms increase investment in vocational training. It is shown that regulating firms, or equivalently financing a … subsidy by taxation of profits, can achieve a Pareto improvement irrespective of the cause of under-investment. However, when …
Persistent link: https://www.econbiz.de/10005498076
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Impact of Paternal Temporary Absence on Children Left Behind
Booth, Alison L; Tamura, Yuji - C.E.P.R. Discussion Papers - 2009
Using the first two waves of the Vietnam Living Standards Survey, we investigate how a father’s temporary absence affects children left behind in terms of their school attendance, household expenditures on education, and nonhousework labor supply in the 1990s. The estimating subsample is...
Persistent link: https://www.econbiz.de/10005014568
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The Role of Human Capital Investments in the Location Decisions of Firms
Matouschek, Niko; Robert-Nicoud, Frédéric - C.E.P.R. Discussion Papers - 2003
We explore the role of human capital investments in the location decisions of firms. We show that whether human capital investments act as a force for or against concentration depends on who is undertaking them and whether they are industry- or firm-specific. We also discuss the empirical...
Persistent link: https://www.econbiz.de/10005666716
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Anti-Trust Policy and National Growth: Some Evidence from Italy
Allegra, Elisabetta; Forni, Mario; Grillo, Michele; … - C.E.P.R. Discussion Papers - 2004
Anti-trust problems affecting markets for intermediate goods or services raise the input costs of firms operating in downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic performance of the country. We try to document the...
Persistent link: https://www.econbiz.de/10005067650
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Environmental Innovation Policy and International Competition
Carraro, Carlo; Siniscalco, Domenico - C.E.P.R. Discussion Papers - 1991
competition, Bertrand and Cournot oligopoly) international competition forces the national government to subsidize innovation. The …
Persistent link: https://www.econbiz.de/10005666416
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Austerity
Dellas, Harris; Niepelt, Dirk - C.E.P.R. Discussion Papers - 2014
favorable loan package; that it is associated with over-investment even when investment does not create collateral; and that low …
Persistent link: https://www.econbiz.de/10011145392
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Austerity in 2009-2013
Alesina, Alberto F; Barbiero, Omar; Favero, Carlo A.; … - C.E.P.R. Discussion Papers - 2015
The conventional wisdom is (i) that fiscal austerity was the main culprit for the recessions experienced by many countries, especially in Europe, since 2010 and (ii) that this round of fiscal consolidation was much more costly than past ones. The contribution of this paper is a clarification of...
Persistent link: https://www.econbiz.de/10011145403