Showing 1 - 10 of 687
We examine the dynamic impact of household borrowing on the trade balance using data from 33 developing countries and 36 developed countries over the 1980-2017 period. Our findings suggest that the impact of household borrowing on the trade balance is by and large negative, both in the short and...
Persistent link: https://www.econbiz.de/10013224078
This paper presents a study of backward and forward patent citations in patents granted to firms and institutions in … the Netherlands by the United States Patent and Trademark Office (USPTO). The study establishes different patterns of … patent citation in recent Dutch patents belonging to different industrial classes. We run our model in the set of backward …
Persistent link: https://www.econbiz.de/10010270540
sectoral patenting trends, we find that U.S. patent production declines in sectors facing greater import competition. This …
Persistent link: https://www.econbiz.de/10012861408
Why are average hours worked per adult lower in rich countries than in poor countries? We consider two natural explanations: income effects in preferences, in which leisure becomes more valuable when income rises, and distortionary tax systems, which are more prevalent in richer countries. To...
Persistent link: https://www.econbiz.de/10012834992
Interest-rate spreads fluctuate widely across time and countries. We characterize their behavior using some 3,200 quarterly observations for 21 advanced and 17 emerging economies since the early 1990s. Before the financial crisis, spreads are 10 times more volatile in emerging economies than in...
Persistent link: https://www.econbiz.de/10012841745
We provide an overview of the integration of refugees into the labor markets of a number of high-income countries. Discussing the ways in which refugees and economic migrants are differently selected and so might be expected to perform differently in a host country's labor market, we examine...
Persistent link: https://www.econbiz.de/10012842968
This paper presents and describes a new database of major minimum wage and collective bargaining reforms covering 26 advanced economies over the period 1970-2020. The main advantage of this dataset is the precise identification of the nature and date of major reforms, which is valuable in many...
Persistent link: https://www.econbiz.de/10013291753
This paper examines the asymmetric impact of economic policy uncertainty (EPU) and oil price uncertainty (OPU) on inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the 1990s until August 2022 for a number of developed and...
Persistent link: https://www.econbiz.de/10014260984
in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan … level within the U.S. and the 38 largest patent-cited countries outside the U.S. We present 3 key findings: First, we find … of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and …
Persistent link: https://www.econbiz.de/10010264618
variation to establish causality. By analysing patent citation data, we further provide evidence that these positive effects are …
Persistent link: https://www.econbiz.de/10012892171