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Advertising and Mutual Funds: From Families to Individual Funds

Gallaher, Steven; Kaniel, Ron; Starks, Laura T - C.E.P.R. Discussion Papers - 2015

redemptions rather than increasing purchases of fund shares. We further find that advertising can affect the fund’s flow …

Persistent link: https://www.econbiz.de/10011145467

Does the WTO Make Trade More Stable?

Rose, Andrew K - C.E.P.R. Discussion Papers - 2004

I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) has increased the stability and predictability of trade flows. I use a large dataset covering annual bilateral trade flows between over 175...

Persistent link: https://www.econbiz.de/10005789132

Hedge Funds: Performance, Risk and Capital Formation

Fung, William; Hsieh, David A; Naik, Narayan; … - C.E.P.R. Discussion Papers - 2006

We use a comprehensive dataset of Funds-of-Hedge-Funds (FoFs) to investigate performance, risk and capital formation in the hedge fund industry over the past ten years. We confirm the finding of high systematic risk exposures in FoF returns. We divide up the past ten years into three distinct...

Persistent link: https://www.econbiz.de/10005792343

Income inequality, decentralisation and regional development in Western Europe

Pike, Andy J; Rodriguez-Pose, Andres; Tomaney, John; … - C.E.P.R. Discussion Papers - 2011

within regions. Using multiplicative interaction models and regionally aggregated microeconomic data for more than 100 …

Persistent link: https://www.econbiz.de/10009322504

When local interaction does not suffice: Sources of firm innovation in urban Norway

Fitjar, Rune Dahl; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2011

innovation and b) the factors behind the propensity to innovate in Norwegian firms. The results stress that while interaction …

Persistent link: https://www.econbiz.de/10008854504

Supplier Responses to Wal-Mart's Invasion in Mexico

Iacovone, Leonardo; Javorcik, Beata; Keller, Wolfgang; … - C.E.P.R. Discussion Papers - 2011

This paper examines the effect of Wal-Mart's entry into Mexico on Mexican manufacturers of consumer goods. Guided by firm interviews that suggested substantial heterogeneity across firms in how they responded to Wal-Mart's entry, we develop a dynamic industry model in which firms decide whether...

Persistent link: https://www.econbiz.de/10009275963

Who Profits from Trade Facilitation Initiatives?

Hoekman, Bernard; Shepherd, Ben - C.E.P.R. Discussion Papers - 2013

Extensive research has demonstrated the existence of large potential welfare gains from trade facilitation—measures to reduce the overall costs of the international movement of goods. From an equity perspective an important question is how those benefits are distributed across and within...

Persistent link: https://www.econbiz.de/10011083525

Entrepreneurship: Origins and Returns

Berglann, Helge; Moen, Espen R; Roed, Knut; Skogstrøm, … - C.E.P.R. Discussion Papers - 2009

We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched … worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self …-employment, but also employment in partly self-owned limited liability firms. Based on this extended entrepreneurship concept, we find …

Persistent link: https://www.econbiz.de/10005079007

Perceptions, Expectations, and Entrepreneurship: The Role of Extreme Events

Brück, Tilman; Llussá, Fernanda; Tavares, José - C.E.P.R. Discussion Papers - 2010

We provide, for the first time, comparative evidence of the impact of various types of extreme events – natural disasters, terrorism, and violent conflicts – on the perceptions of entrepreneurs concerning some key entrepreneurial issues – such as fear of failure in starting a business...

Persistent link: https://www.econbiz.de/10008692319

Which Immigrants Are Most Innovative and Entrepreneurial: Distinctions by Entry Visa

Hunt, Jennifer - C.E.P.R. Discussion Papers - 2010

Using the 2003 National Survey of College Graduates, I examine how immigrants perform relative to natives in activities likely to increase U.S. productivity, according to the type of visa on which they first entered the United States. Immigrants who first entered on a student/trainee visa or a...

Persistent link: https://www.econbiz.de/10008468510