This paper analyzes past and possible future spillovers from the Euro Area Sovereign Debt Crisis, both within the Euro …, disaggregated into fifteen national economies. We find that macroeconomic and financial market spillovers have been small outside of …

Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an … explicit model of spillovers through labor flows in a framework with search frictions. Firms can choose to innovate or to …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage …

The paper analyses the global spillovers of the Federal Reserve’s unconventional monetary policy measures since 2007 … policy spillovers, but rather that responses to Fed policies are related to country risk. The results thus illustrate how US …

://data.economicresearchforum.org/erf/bcspill.aspx?lang=en for updates of the spillover plot). I also derive measures of directional spillovers and show that the U.S. (1980s and …

We develop a tractable dynamic model of productivity growth and technology spillovers that is consistent with the …

cross-border merger activity generate positive spillovers to wages, but are more likely to generate firm-level wage …

between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our …

growth spillovers via mechanisms beyond those previously established for R&D. …

Innovative start-ups and venture capitalists are highly clustered, benefiting from localized spillovers: Silicon Valley … significant spillovers, it becomes optimal for an innovative start-up and its financier to adopt contracts with fewer … contingencies: these contracts maximize their ability to extract (part of) the surplus they generate through positive spillovers …