Showing 1 - 10 of 4,117
causal evidence on the economic drivers of biodiversity loss using a novel panel dataset on the types and quantities of … pollution as underlying contributors to contemporaneous biodiversity declines …
Persistent link: https://www.econbiz.de/10012660035
We explore the effects of physical and regulatory risks related to biodiversity loss on economic activity and asset … values. We first develop a news-based measure of aggregate biodiversity risk and analyze how it varies over time. We also … construct and publicly release several firm-level measures of exposure to biodiversity risk, based on textual analyses of firms …
Persistent link: https://www.econbiz.de/10014250155
The purpose of the paper is to measure the potential bias in the U.S. import price index due to the appearance of new … product varieties, or new foreign suppliers, and determine the effect of this bias on the estimated income elasticity of … share of import expenditure on the sampled products is falling over time, this will lead to an upward bias in the measured …
Persistent link: https://www.econbiz.de/10012474074
Large literatures have analyzed racial and ethnic disparities in economic outcomes and access to the safety net. For such analyses that rely on survey data, it is crucial that survey accuracy does not vary by race and ethnicity. Otherwise, the observed disparities may be confounded by...
Persistent link: https://www.econbiz.de/10015056187
Do perceptions about how the government spends tax dollars affect the willingness to pay taxes? We designed a field experiment to test this hypothesis in a natural, high-stakes context and via revealed preferences. We measure perceptions about the share of property tax revenues that fund public...
Persistent link: https://www.econbiz.de/10012938758
Recent proposals to expand the Child Tax Credit (CTC) are at the center of current policy discussions in the United States. We study the fiscal cost of three such proposals that would expand refundability of the credit to low-income children, increase the maximum credit amount, and/or eliminate...
Persistent link: https://www.econbiz.de/10012660020
This paper examines the U.S. government's intramural research and development efforts over a 40-year period, drawing together multiple human capital, government spending, and patent datasets. The U.S. Federal Government innovates along four dimensions: technological, organizational, regulatory,...
Persistent link: https://www.econbiz.de/10012481764
Partisanship of state level politicians affect the impact of federal fiscal policy in the U.S. Using data from close gubernatorial elections, we find partisan differences in the marginal propensity to spend federal transfers since the early 1980's: Republican governors spend less. A New...
Persistent link: https://www.econbiz.de/10012482641
Rising government debt levels around the world are raising the specter that authorities might seek to inflate away the debt. In theoretical settings where fiscal policy "dominates" monetary policy, higher debt without offsetting changes in primary surpluses should lead households to anticipate...
Persistent link: https://www.econbiz.de/10012482700
This note shows that the aggregate fiscal expenditure stimulus in the United States, properly adjusted for the declining fiscal expenditure of the fifty states, was close to zero in 2009. While the Federal government stimulus prevented a net decline in aggregate fiscal expenditure, it did not...
Persistent link: https://www.econbiz.de/10012462868