job-to-job mobility to study policy spillovers in the context of three local minimum wage increases. Estimated spillover …

spillovers. Patients in the lead investigator's region are initially 36% more likely to receive the new drug, but utilization …

programs be maintained when implemented by governments at scale, will positive effects be offset by negative spillovers, and … economic spillovers on non-beneficiaries. However, the effects were entirely driven by the asset transfer portion of the …

We study international monetary policy spillovers and spillbacks in a tractable two-country Heterogeneous Agent New … propensities to consume (MPC). While both channels amplify the size of spillovers/spillbacks, only precautionary savings can change … their sign relative to RANK. Spillovers are likely to be larger in economies with higher fractions of high MPC households …

This paper studies how to design a fiscal constitution that, by capitalizing intergenerational spillovers into land … spillovers depend on the type of the spillover. Land taxation is the essential instrument for policies that mostly generate … fiscal spillovers, such as debt and public infrastructure. By contrast, interjurisdictional competition is the essential …

This paper studies localization of academic and industrial knowledge spillovers. Using data on U.S. Research and … find that academic spillovers are more localized than industrial spillovers. I also find that localization is increased by … nearby stocks of R&D, but reduced by laboratory and firm size. These results on localized academic spillovers reflect open …