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International Rent Sharing in Multinational Firms

Budd, John W; Konings, Jozef; Slaughter, Matthew - C.E.P.R. Discussion Papers - 2002

We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyse whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...

Persistent link: https://www.econbiz.de/10005124227

Corporate Efficiency in Europe

Hanousek, Jan; Kocenda, Evzen; Shamshur, Anastasiya - C.E.P.R. Discussion Papers - 2015

Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate …

Persistent link: https://www.econbiz.de/10011213309

Income inequality, decentralisation and regional development in Western Europe

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

Western Europe has an effect on within regional interpersonal inequality. Second, whether this potential relationship is …

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

The Causal Effect of Education on Health: What is the Role of Health Behaviors?

Brunello, Giorgio; Fort, Margherita; Schneeweis, Nicole; … - C.E.P.R. Discussion Papers - 2011

We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short-run and long-run mediating effects: while in the former only current or lagged behaviors are taken into account, in the latter we consider the entire history of behaviors. We...

Persistent link: https://www.econbiz.de/10009385763

Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008

Ponticelli, Jacopo; Voth, Hans-Joachim - C.E.P.R. Discussion Papers - 2011

Does fiscal consolidation lead to social unrest? Using cross-country evidence for the period 1919 to 2008, we examine the extent to which societies become unstable after budget cuts. The results show a clear correlation between fiscal retrenchment and instability. We test if the relationship...

Persistent link: https://www.econbiz.de/10009201119

Europe’s Great Depression: Coordination Failure after the First World War

Wolf, Nikolaus - C.E.P.R. Discussion Papers - 2010

of the great depression in Europe and the delay of recovery as a failure to coordinate economic policies. Europe could …

Persistent link: https://www.econbiz.de/10008466327

Work and Leisure in the US and Europe: Why So Different?

Alesina, Alberto F; Glaeser, Edward L; Sacerdote, Bruce - C.E.P.R. Discussion Papers - 2005

the US and Europe. Another popular view is that these differences are explained by long-standing European ‘culture’, but … the US and Europe. These policies do not seem to have increased employment, but they may have had a more society …

Persistent link: https://www.econbiz.de/10005662089

Demographic Change, Economic Growth and Social Welfare in Europe

Ermisch, John F; Joshi, Heather - C.E.P.R. Discussion Papers - 1987

This paper examines the economic rationale for concern about the falling rate of growth of Europe's population. It also … assembles demographic and economic time-series data for the countries of Eastern and Western Europe during the postwar period …

Persistent link: https://www.econbiz.de/10005662094

The Exchange-Rate Question in Europe

Giavazzi, Francesco - C.E.P.R. Discussion Papers - 1989

This paper reviews the arguments for and against monetary unification in Europe, taking into account the recent shift …

Persistent link: https://www.econbiz.de/10005666407

The Early Modern Great Divergence: Wages, Prices and Economic Development in Europe and Asia, 1500-1800

Broadberry, Stephen N; Gupta, Bishnupriya - C.E.P.R. Discussion Papers - 2005

1500 and 1800 look similar to the stagnating southern, central and eastern parts of Europe rather than the developing … northwestern parts. In the advanced parts of India and China, grain wages were comparable to those in northwestern Europe, but … wages of northwestern Europe were not simply a monetary phenomenon, but reflected high productivity in the tradable sector …

Persistent link: https://www.econbiz.de/10005666692