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Improved Transportation Networks Facilitate Adaptation to Pollution and Temperature Extremes
Barwick, Panle Jia; Donaldson, Dave; Li, Shanjun; Lin, … - National Bureau of Economic Research - 2022
The social costs of pollution and climate change hinge critically on humans' ability to adapt. Based on transaction records from the world's largest payment network, this research compiles daily travel flows and documents that China's rapid expansion of high-speed railways (HSR) facilitates the...
Persistent link: https://www.econbiz.de/10013388818
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The Effect of Infrastructure on Worker Mobility : Evidence from High-Speed Rail Expansion in Germany
Heuermann, Daniel F. - 2018
We use the expansion of the high-speed rail network in Germany as a natural experiment to examine the causal effect of … reductions in commuting time between regions on the commuting decisions of workers and their choices regarding where to live and … train schedules and the opening of high-speed rail stations with panel data on all workers in Germany, we show that a …
Persistent link: https://www.econbiz.de/10012453209
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Effective Regulation and Firm Compliance : The Case of German Privacy Policies
Gambato, Jacopo; Ganglmair, Bernhard; Krämer, Julia K. - National Bureau of Economic Research - 2024
readability of privacy policies for a large sample of German firms. Germany has a system of state-level data protection …
Persistent link: https://www.econbiz.de/10015072855
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Inter Vivos Transfers of Ownership in Family Firms
Hines, James R, Jr - 2016
This paper examines the determinants of inter vivos (lifetime) transfers of ownership in German family firms between 2000 and 2013. Survey evidence indicates that owners of larger firms, and firms with strong current business conditions, transfer ownership at higher rates than others. When a...
Persistent link: https://www.econbiz.de/10012456374
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Competition and Quality : Evidence from High-Speed Railways and Airlines
Fang, Hanming - 2020
entry on the quality of service provided by airlines as proxied by their on-time performance, and to identify the channels …, the reductions in departure delays--which are controlled mostly by airlines, and the duration of taxi-in time--which are … controlled mostly by destination airports, are identified as the main sources of the improvement in the airlines' on-time …
Persistent link: https://www.econbiz.de/10012481330
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The Role of Transportation Speed in Facilitating High Skilled Teamwork
Dong, Xiaofang - 2018
High skilled workers gain from face to face interactions. If the skilled can move at higher speeds, then knowledge diffusion and idea spillovers are likely to reach greater distances. This paper uses the construction of China's high speed rail (HSR) network as a natural experiment to test this...
Persistent link: https://www.econbiz.de/10012453177
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Political Preferences and the Spatial Distribution of Infrastructure : Evidence from California's High-Speed Rail
Fajgelbaum, Pablo D.; Gaubert, Cecile; Gorton, Nicole; … - National Bureau of Economic Research - 2023
How do political preferences shape transportation policy? We study this question in the context of California's High-Speed Rail (CHSR). Combining geographic data on votes in a referendum on the CHSR with a model of its expected economic benefits, we estimate the weight of economic and...
Persistent link: https://www.econbiz.de/10014322825
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An Economic Approach to Regulating Algorithms
Rambachan, Ashesh - 2020
There is growing concern about "algorithmic bias" - that predictive algorithms used in decision-making might bake in or exacerbate discrimination in society. When will these "biases" arise? What should be done about them? We argue that such questions are naturally answered using the tools of...
Persistent link: https://www.econbiz.de/10012481694
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Shareholder Democracy in Canada
Morck, Randall - 2010
The federal government stands poised to exercise its constitutional right to regulate financial markets, an area traditionally left to competing provincial securities commissions. The current state of securities regulation renders impotent US-style takeover defences, such as poison pills and...
Persistent link: https://www.econbiz.de/10012462099
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The Effects of Product Liability Exemption in the Presence of the FDA
Philipson, Tomas J. - 2009
In the United States, drugs are jointly regulated by the US Food and Drug Administration, which oversees premarket clinical trials designed to ensure drug safety and efficacy, and the liability system, which allows patients to sue manufacturers for unsafe drugs. In this paper, we examine the...
Persistent link: https://www.econbiz.de/10012463046