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The Impacts of COVID-19 on Racial Inequality in Business Earnings
Fairlie, Robert W. - National Bureau of Economic Research - 2022
Many small businesses have closed, lost revenues, or downsized as a response to health and economic disruptions caused by COVID-19. But, were economic losses in the pandemic disproportionately felt by businesses owned by people of color? This paper provides the first study of the impacts of...
Persistent link: https://www.econbiz.de/10013435094
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Black Americans' Landholdings and Economic Mobility after Emancipation : New Evidence on the Significance of 40 Acres
Collins, William J.; Holtkamp, Nicholas C.; Wanamaker, … - National Bureau of Economic Research - 2022
The US Civil War ended in 1865 without the distribution of land or compensation to those formerly enslaved--a decision often seen as a cornerstone of racial inequality. We build a dataset to observe Black households' landholdings in 1880, a key component of their wealth, alongside a sample of...
Persistent link: https://www.econbiz.de/10013172157
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Two-Sided Search in International Markets
Eaton, Jonathan; Jinkins, David; Tybout, James R.; Xu, … - National Bureau of Economic Research - 2022
We develop a dynamic model of international business-to-business transactions in which sellers and buyers search for each other, with the probability of a match depending on both individual and aggregate search effort. Fit to customs records on U.S. apparel imports, the model captures key...
Persistent link: https://www.econbiz.de/10012814459
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Land and Credit : A Study of the Political Economy of Banking in the United States in the Early 20th Century
Rajan, Raghuram G. - 2009
Economists have argued that a high concentration of land holdings in a country can create powerful interest groups that retard the creation of economic institutions, and thus hold back economic development. Could these arguments apply beyond underdeveloped countries with backward political...
Persistent link: https://www.econbiz.de/10012463566
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Landed Interests and Financial Underdevelopment in the United States
Rajan, Raghuram G. - 2008
Landed elites in the United States in the early decades of the twentieth century played a significant role in restricting the development of finance. States that had higher land concentration passed more restrictive banking legislation. At the county level, counties with very concentrated land...
Persistent link: https://www.econbiz.de/10012464300
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Florida (Un)Chained
Calomiris, Charles W.; Jaremski, Matthew S. - National Bureau of Economic Research - 2023
To understand a price boom, it is helpful to take account of: (1) observable indicators of changes in ex ante risk tolerance, (2) what information exists and when, and (3) the incentives lenders face. This paper takes such an approach to the Florida land boom of the mid-1920s, the U.S.' first...
Persistent link: https://www.econbiz.de/10014226111
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Foreign direct investment
Froot, Kenneth (ed.) - 1993
Persistent link: https://www.econbiz.de/10000881399
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Outward FDI and Parent Exports and Employment : Japan, the United States, and Sweden
Lipsey, Robert E. - 2000
Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production … in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income …
Persistent link: https://www.econbiz.de/10012471148
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Is Foreign Direct Investment a Channel of Knowledge Spillovers? Evidence from Japan's FDI in the United States
Branstetter, Lee - 2000
Recent empirical work has examined the extent to which international trade fosters international spillovers' of technological information. FDI is an alternate, potentially equally important channel for the mediation of such knowledge spillovers. I introduce a framework for measuring...
Persistent link: https://www.econbiz.de/10012470716
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Foreign Direct Investment and Keiretsu : Rethinking U.S. and Japanese Policy
Weinstein, David E. - 1996
Japan suggests that foreign firms sell five to six times more in Japan than is commonly believed. Previous studies severely … underestimated the stock of FDI in Japan due to poor data. Second, after finding that even after adjusting for various factors the … level of FDI in Japan is still low, the paper explores explanations for this phenomenon. A second main conclusion is that …
Persistent link: https://www.econbiz.de/10012473233