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Foreign Aid and Domestic Absorption
Temple, Jonathan; Sijpe, Nicolas Van de - CESifo - 2014
We introduce a new ‘supply-push’ instrument for foreign aid, to be used together with an instrumental variable estimator that filters out unobserved common factors. We use this instrument to study the effects of aid on macroeconomic ratios, and especially the ratios of consumption,...
Persistent link: https://www.econbiz.de/10010948860
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Measuring Alpha in the Fund Management Industry: Do Female Managers Perform Better?
Babalos, Vassilis; Caporale, Guglielmo Maria; … - CESifo - 2013
This paper examines the performance of 358 European diversified equity mutual funds controlling for gender differences …. Fund performance is evaluated against funds’ designated market indices and representative style portfolios. Consistently … with previous studies, no significant differences in performance and risk are found between female and male managed funds …
Persistent link: https://www.econbiz.de/10010667412
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A Simple Four Quadrants Model to Monitor the Performance of Local Governments
Ballanti, Danilo; Dispotico, Roberto; Porcelli, Francesco; … - CESifo - 2014
evaluate the performance of local government in the provision of local public services. The model employs a reduced set of …
Persistent link: https://www.econbiz.de/10010960639
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Why do Foreign Banks Withdraw from other Countries? A Panel Data Analysis
Hryckiewicz, Aneta; Kowalewski, Oskar - CESifo - 2010
problems in the home country, with a lesser factor being the weak performance of the foreign subsidiary. …
Persistent link: https://www.econbiz.de/10008583673
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Immigration and Entrepreneurship
Fairlie, Robert W.; Lofstrom, Magnus - CESifo - 2015
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …
Persistent link: https://www.econbiz.de/10011257678
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Entrepreneurial Innovations and Taxation
Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - CESifo - 2011
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …
Persistent link: https://www.econbiz.de/10009024844
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The Economics of Pending Patents
Koenen, Johannes; Peitz, Martin - CESifo - 2011
We provide a treatment of a number of questions pertaining to pending patents – a subject that has so-far mainly been discussed en-passant in the existing literature. We present the underlying institutional and legal framework that governs pending patents and some basic facts related to them....
Persistent link: https://www.econbiz.de/10009371351
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Innovation, Trade, and Finance
Egger, Peter; Keuschnigg, Christian - CESifo - 2011
This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...
Persistent link: https://www.econbiz.de/10009228619
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Incentives and Creativity in Groups
Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - CESifo - 2013
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out … performance. As a comparison we ran the same experiment (the Candle Problem) with and without incentives for individuals as well …. Incentives did not reduce performance there either. Comparing individuals with groups we find that team-work facilitates creative …
Persistent link: https://www.econbiz.de/10010690377
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The Role of Human Capital and Innovation in Prussian Economic Development
Cinnirella, Francesco; Streb, Jochen - CESifo - 2013
causal effect of human capital on income, net of the innovation channel. …
Persistent link: https://www.econbiz.de/10010693473