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Redistribution Policy : A European Model
Casella, Alessandra - 2002
Following the rationale for regional redistribution programs described in the official documents of the European Union, this paper studies a very simple multi-country model built around two regions: a core and a periphery. Technological spill-overs link firms' productivity in each of the two...
Persistent link: https://www.econbiz.de/10012469451
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The Eurocrisis : Muddling Through, or On the Way to a More Perfect Euro Union?
Aizenman, Joshua - 2014
institutions. The euro has operated as a currency without a state, under the dominance of Germany. This has so far allowed the euro … to achieve a number of design objectives, and this may continue, as long as Germany does not shirk its growing … responsibility for the euro's future. Germany's resilience and dominant size within the EU may explain its "muddling …
Persistent link: https://www.econbiz.de/10012458424
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Combining Rules and Discretion in Economic Development Policy : Evidence on the Impacts of the California Competes Tax Credit
Freedman, Matthew; Neumark, David; Khanna, Shantanu - National Bureau of Economic Research - 2021
We evaluate the effects of one of a new generation of economic development programs, the California Competes Tax Credit (CCTC), on local job creation. Incorporating perceived best practices from previous initiatives, the CCTC combines explicit eligibility thresholds with some discretion on the...
Persistent link: https://www.econbiz.de/10012496148
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Place-Based Policies
Neumark, David - 2014
Place-based policies commonly target underperforming areas, such as deteriorating downtown business districts and disadvantaged regions. Principal examples include enterprise zones, European Union Structural Funds, and industrial cluster policies. Place-based policies are rationalized by various...
Persistent link: https://www.econbiz.de/10012458615
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Local Economic Development, Agglomeration Economies, and the Big Push : 100 Years of Evidence from the Tennessee Valley Authority
Kline, Patrick M. - 2013
We study the long run effects of one of the most ambitious regional development programs in U.S. history: the Tennessee Valley Authority (TVA). Using as controls authorities that were proposed but never approved by Congress, we find that the TVA led to large gains in agricultural employment that...
Persistent link: https://www.econbiz.de/10012459368
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The Transmission Mechanism of Monetary Policy in Europe : Evidence from Banks' Balance Sheets
Favero, Carlo A. - 1999
implement a case-study on the response of banks in France, Germany, Italy and Spain to a monetary tightening. The episode we …
Persistent link: https://www.econbiz.de/10012471558
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Hysteresis and the European Unemployment Problem
Blanchard, Olivier J. - 1986
Persistent link: https://www.econbiz.de/10012477122
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Pricing to Market when the Exchange Rate Changes
Krugman, Paul - 1986
It has been widely remarked that US import prices have not fully reflected movements in the exchange rate. This paper begins with an investigation of the actual extent of "pricing to market" by foreign suppliers. It shows that pricing to market is a real phenomenon, but not universal; in...
Persistent link: https://www.econbiz.de/10012477148
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Estimates of the Value of Patent Rights in European Countries During thePost-1950 Period
Schankerman, Mark - 1985
This paper examines the distribution of the values of patent rights in the United Kingdom, France, and Germany during …
Persistent link: https://www.econbiz.de/10012477430
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MPC Heterogeneity in Europe : Sources and Policy Implications
Ampudia, Miguel - 2018
policy-induced variations in stock returns. Finally, monetary contractions have a larger impact on consumption in Germany and …
Persistent link: https://www.econbiz.de/10012480733