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The Chinese Corporate Savings Puzzle : a Firm-Level Cross-Country Perspective
Bayoumi, Tamim - 2010
China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account …
Persistent link: https://www.econbiz.de/10013137314
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Public Procurement and the Private Supply of Green Buildings
Simcoe, Timothy - 2014
We measure the impact of municipal policies requiring governments to construct green buildings on private-sector adoption of the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) standard. Using matching methods, panel data, and instrumental variables, we find...
Persistent link: https://www.econbiz.de/10013065448
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What We Spend and What We Get : Public and Private Provision of Crime Prevention
Witte, Ann Dryden; Witt, Robert - 2021
In this paper, we consider a number of issues regarding crime prevention and criminal justice. We begin by considering how crime is measured and present both general and specific evidence on the level of crime in a variety of countries. Crime is pervasive and varies substantially across...
Persistent link: https://www.econbiz.de/10013225388
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Funding in Public Sector Pension Plans - International Evidence
Ponds, Eduard H.M. - 2015
Most countries have separate pension plan for public sector employees. The future fiscal burden of these plans can be substantial as the government usually is the largest employer, pension promises in the public sector tend to be relatively generous, and future payments have to be paid out...
Persistent link: https://www.econbiz.de/10013037952
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Is Public R&D a Complement or Substitute for Private R&D? A Review of the Econometric Evidence
David, Paul A.; Hall, Bronwyn H.; Toole, Andrew A. - 2021
Is public R&D spending complementary and thus "additional" to private R&D spending, or does it substitute for and tend to "crowd out" private R&D? Conflicting answers are given to this question. We survey the body of available economectric evidence accumulated over the past 35 years. A framework...
Persistent link: https://www.econbiz.de/10013245706
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The Economic Impacts of Covid-19 : Evidence from a New Public Database Built Using Private Sector Data
Chetty, Raj - 2020
We build a publicly available database that tracks economic activity at a granular level in real time using anonymized data from private companies. We report daily statistics on consumer spending, business revenues, employment rates, and other key indicators disaggregated by ZIP code, industry,...
Persistent link: https://www.econbiz.de/10012829789
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Inflation Targeting and Private Sector Forecasts
Cecchetti, Stephen G. - 2013
Transparency is one of the biggest innovations in central bank policy of the past quarter century. Modern central bankers believe that they should be as clear about their objectives and actions as possible. However, is greater transparency always beneficial? Recent work suggests that when...
Persistent link: https://www.econbiz.de/10013095553
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U.S. Job Flows and the China Shock
Asquith, Brian - 2017
the industry and commuting-zone levels, and then estimates the impact of the `China shock' on each job-flow type. The … China shock is accounted for by either the increase in Chinese import penetration in the U.S., or by the U.S. policy change … that granted Permanent Normal Trade Relations (PNTR) status to China. We find that the China shock affects U.S. employment …
Persistent link: https://www.econbiz.de/10012941975
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Venture capital availability and labour market performance around the world
Feldmann, Horst - In: Applied economics 46 (2014) 1/3, pp. 14-29
Persistent link: https://www.econbiz.de/10010354132
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Dynamic factor demand in a rationing model
Smolny, Werner - In: Applied economics 29 (1997) 8, pp. 1091-1101
Persistent link: https://www.econbiz.de/10001227134