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Five Puzzles in the Behaviour of Productivity, Investment and Innovation
Gordon, Robert J - C.E.P.R. Discussion Papers - 2004
Productivity growth in the United States was considerably faster during 2000-03 than in the boom years of 1995 … justified on the basis of data through the end of 1999 in their claim that part of the post-1995 productivity growth revival … reflected the normal cyclical correlation between productivity and output growth. In contrast, data through mid-2003 reveal only …
Persistent link: https://www.econbiz.de/10005123790
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Does Entry Regulation Hinder Job Creation? Evidence from the French Retail Industry
Bertrand, Marianne; Kramarz, Francis - C.E.P.R. Discussion Papers - 2001
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Persistent link: https://www.econbiz.de/10005504697
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Structural Reforms and Growth: Product and Labor Market Deregulations
Eijffinger, Sylvester C W; Rossi, Alberto - C.E.P.R. Discussion Papers - 2006
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...
Persistent link: https://www.econbiz.de/10005792522
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Integration in the English wheat market 1770-1820
Brunt, Liam; Cannon, Edmund - C.E.P.R. Discussion Papers - 2013
Cointegration analysis has been used widely to quantify market integration through price arbitrage. We show that total price variability can be decomposed into: (i) magnitude of price shocks; (ii) correlation of price shocks; (iii) between-period arbitrage. All three measures depend upon data...
Persistent link: https://www.econbiz.de/10011084541
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Two Tales on Resale
Höeffler, Felix; Schmidt, Klaus M. - C.E.P.R. Discussion Papers - 2007
consumers, in particular when wholesale prices are regulated. However, we show that (i) resale may increase prices and make … consumers worse off and that (ii) standard 'retail minus X regulation' may increase prices and harm consumers. Our analysis …
Persistent link: https://www.econbiz.de/10005792264
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Education, HIV, and Early Fertility: Experimental Evidence from Kenya
Duflo, Esther; Dupas, Pascaline; Kremer, Michael - C.E.P.R. Discussion Papers - 2015
A seven-year randomized evaluation suggests education subsidies reduce adolescent girls’ dropout, pregnancy, and marriage but not sexually transmitted infection (STI). The government’s HIV curriculum, which stresses abstinence until marriage, does not reduce pregnancy or STI. Both programs...
Persistent link: https://www.econbiz.de/10011145417
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Religion and Innovation
Bénabou, Roland; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2015
In earlier work (Bénabou, Ticchi and Vindigni 2013) we uncovered a robust negative association between religiosity and patents per capita, holding across countries as well as US states, with and without controls. In this paper we turn to the individual level, examining the relationship between...
Persistent link: https://www.econbiz.de/10011213308
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The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding
Desmet, Klaus; Nagy, David Krisztián; Rossi-Hansberg, … - C.E.P.R. Discussion Papers - 2015
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with …
Persistent link: https://www.econbiz.de/10011252617
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Growth, Colonization, and Institutional Development: In and Out of Africa
Bertocchi, Graziella - C.E.P.R. Discussion Papers - 2011
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history …, which has been marked by its colonization experience. Next I discuss the potential growth impact of state fragility, a …
Persistent link: https://www.econbiz.de/10009225960
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Learning From Stock Prices and Economic Growth
Peress, Joël - C.E.P.R. Discussion Papers - 2011
A competitive stock market is embedded into a neoclassical growth economy to analyze the interplay between the … economic growth by raising total factor productivity, but its impact is only transitory. Several predictions on the evolution …
Persistent link: https://www.econbiz.de/10009293661