Showing 1 - 10 of 4,149
There are two main forms of government in U.S. cities: council-manager and mayor-council. This paper develops a theory of fiscal policy determination under these two forms. The theory predicts that expected public spending will be lower under mayor-council, but that either form of government...
Persistent link: https://www.econbiz.de/10012463791
Audits are a common mechanism used by governments to monitor public spending. In this paper, we discuss the effectiveness of auditing with theory and empirics. In our model, the value of audits depends on both the underlying presence of abuse and the government's ability to observe it and...
Persistent link: https://www.econbiz.de/10014226172
STEM PhDs /Ina Ganguli and Patrick Gaulé --II. Immigration policy and innovation.High-skill immigration, innovation, and … and Chungeun Yoon --III. Immigration and entrepreneurship.Immigrant entrepreneurs and innovation in the U.S. high … the links between immigration policy in determining who can come into the country and the rate of innovation among …
Persistent link: https://www.econbiz.de/10012040463
Persistent link: https://www.econbiz.de/10009237697
We characterize the contribution of immigrants to US innovation, both through their direct productivity as well as … Number is assigned. We find immigrants represent 16 percent of all US inventors, but produced 23 percent of total innovation … premature inventor deaths, we find that immigrant inventors create especially strong positive externalities on the innovation …
Persistent link: https://www.econbiz.de/10013477290
disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …
Persistent link: https://www.econbiz.de/10014337755
We document political sentiment effects on US inventors. Democratic inventors are more likely to patent (relative to Republicans) after the 2008 election of Obama but less likely after the 2016 election of Trump. These effects are 2-3 times as strong among politically active partisans and are...
Persistent link: https://www.econbiz.de/10014337851
externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …
Persistent link: https://www.econbiz.de/10014337854
reduces carbon emissions by inducing substitution away from coal. Yet, the natural gas boom discourages innovation directed at …
Persistent link: https://www.econbiz.de/10014372414