Showing 1 - 10 of 183
There is limited causal evidence on the effects of different public procurement regulations on project quality and value-for-money for projects funded by national governments and foreign aid donors. This paper uses policy and experimental variation to study how two key contracting...
Persistent link: https://www.econbiz.de/10014226145
surprisingly little is known about how to achieve these outcomes. In this paper, we estimate causal effects of additional education … combat climate change. Results show a year of education increases pro-climate beliefs, behaviors, most policy preferences …
Persistent link: https://www.econbiz.de/10014247920
Relational contracts - informal self-enforcing agreements sustained by repeated interactions - are ubiquitous both within and across organizational boundaries. This review highlights recent empirical contributions in selected areas. We begin by reviewing some recent work that explicitly takes...
Persistent link: https://www.econbiz.de/10014226175
manufacturing, with foreign entrants contributing most to employment growth. State firms stall employment reallocation through … slower contraction. Half of tariff-induced foreign entrant growth is post-entry and exporter-driven. Foreign entrants are …
Persistent link: https://www.econbiz.de/10013477221
We study the effectiveness of government aid to exporters by exploring an exogenous shock that affected the ability of the Export-Import Bank of the United States (EXIM) to provide aid to U.S. exporters through loan guarantees to importers. We focus on Boeing, the largest individual recipient of...
Persistent link: https://www.econbiz.de/10014337795
has real effects: firms that borrow from more exposed banks experience lower debt growth and investment rates. These …
Persistent link: https://www.econbiz.de/10014436991
predict crises similarly to household debt; (iii) a measure of imbalance in credit growth flowing disproportionately to some …
Persistent link: https://www.econbiz.de/10014512079
(EMEs) and Frontier Market Economies (FMEs) from 2005 to 2021. Higher household debt levels and growth are associated with … significantly slower GDP growth in more developed EMEs but not in less developed EMEs and FMEs. We also examine the relationship … between US dollar cycles, sectoral debt levels and growth, and economic activity. Among developed EMEs, higher expected …
Persistent link: https://www.econbiz.de/10014486174
We study the extent to which the perceived cost of losing the exorbitant privilege the US holds in global safe asset markets sustains the safety of its public debt. Our findings indicate that the loss of this special status in the event of a default significantly augments the debt capacity for...
Persistent link: https://www.econbiz.de/10014486221
Advanced economies borrowed substantially during the Covid recession to fund their fiscal policy. The Covid recession differed from the Great Recession in that sovereign debt markets remained calm and spreads barely responded. We study the experience of Greece, the most extreme manifestation of...
Persistent link: https://www.econbiz.de/10014468244