Showing 1 - 10 of 76
driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of … confirm the presence of informational spillovers with respect to political liberalization but offer little support for … informational spillovers with respect to economic reforms. …
Persistent link: https://www.econbiz.de/10010281046
This paper investigates the effect of a policy measure that gives secondary schools additional resources for low-ability pupils. Schools are free in deciding how to spend the additional money. I use a nonparametric bounds analysis to estimate upper and lower bounds on the effect of additional...
Persistent link: https://www.econbiz.de/10010290747
spillovers and imperfections in the demand for energy efficiency. We conclude that some technology policies, particularly …
Persistent link: https://www.econbiz.de/10010352376
We examine to what extent banks' stock market values during the 2007-2012 financial crisis were driven by increases in the default risk of banks designated as globally systemically important by the Financial Stability Board. We find that bank market values hardly respond to changes in the...
Persistent link: https://www.econbiz.de/10010398542
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two … planner prefer the R&Dcooperative strategy over the competitive one regardless of the intensity of knowledge spillovers …
Persistent link: https://www.econbiz.de/10010261135
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the …) generate the social optimum despite the presence of spillovers. This conclusion is closely tied to the famous self …
Persistent link: https://www.econbiz.de/10010322999
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the …) generate the social optimum despite the presence of spillovers. This conclusion is closely tied to the famous self …
Persistent link: https://www.econbiz.de/10010328863
staggered treatment adoption in the presence of spillovers. We show that the ATT can be estimated by a simple TWFE method that …
Persistent link: https://www.econbiz.de/10014534330
to spillovers from use of insurance by neighbors. However, many enrollees attempted to use insurance but failed …
Persistent link: https://www.econbiz.de/10014534463
This paper investigates the bilateral impacts of antidumping measures, beyond directly targeted products and exporting firms. It focuses on the country whose exports are most exposed to such measures, China. Product-level analysis shows that export volumes are negatively affected for products...
Persistent link: https://www.econbiz.de/10015047300