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The engine immobilizer : a non-starter for car thieves

Ours, Jan C. van; Vollaard, Ben A. - 2013

We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strengthening victim precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory for all new cars sold within the European Union as of...

Persistent link: https://www.econbiz.de/10009700313

Electricity and firm productivity : a general-equilibrium approach

Fried, Stephie; Lagakos, David - 2021

Many policymakers view power outages as a major constraint on firm productivity in developing countries. Yet empirical studies find modest short-run effects of outages on firm performance. This paper builds a dynamic macroeconomic model to study the long-run general-equilibrium effects of power...

Persistent link: https://www.econbiz.de/10012745254

Electricity and Firm Productivity : A General-Equilibrium Approach

Fried, Stephie; Lagakos, David - 2021

The lack of reliable electricity in the developing world is widely viewed by policymakers as a major constraint on firm productivity. Yet most empirical studies find modest short-run effects of power outages on firm performance. This paper builds a dynamic macroeconomic model to study the...

Persistent link: https://www.econbiz.de/10013309881

The causal effects of global supply chain disruptions on macroeconomic outcomes : evidence and theory

Bai, Xiwen; Fernández-Villaverde, Jesús; Li, Yiliang; … - 2024

We study the causal effects and policy implications of global supply chain disruptions. We construct a new index of supply chain disruptions from the mandatory automatic identification system data of container ships, developing a novel spatial clustering algorithm that determines real-time...

Persistent link: https://www.econbiz.de/10014469003

The macroeconomic effects of funding U.S. infrastructure

Malley, James R.; Philippopulos, Apostolēs - 2022

This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …

Persistent link: https://www.econbiz.de/10012801569

ICT, R&D and Organizational Innovation : Exploring Complementarities in Investment and Production

Mohnen, Pierre A. - 2018

This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate an integrated model of investment profile adoption and...

Persistent link: https://www.econbiz.de/10012911090

Do Information Technologies Improve Teenagers’ Sexual Education? Evidence from a Randomized Evaluation in Colombia

Chong, Alberto; González-Navarro, Marco; Karlan, Dean; … - 2021

Across public junior high schools in 21 Colombian cities, we conducted a randomized evaluation of a mandatory six-month internet-based sexual education course. Six months after finishing the course, we find a 0.4 standard deviation improvement in knowledge, a 0.2 standard deviation improvement...

Persistent link: https://www.econbiz.de/10013235302

Upstream Product Market Regulations, ICT, R&D and Productivity

Cette, Gilbert - 2015

Our study aims at assessing the actual importance of the two main channels usually contemplated in the literature through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in ICT. We thus estimate what are the specific impacts of...

Persistent link: https://www.econbiz.de/10013034911

Labour Market Regulations and Capital Intensity

Cette, Gilbert - 2016

On the basis of a country*industry unbalanced panel data sample for 14 OECD countries and 18 industries covering the years 1988 to 2007, this study proposes an econometric investigation of the effects of the OECD Employment Protection Legislation (EPL) indicator on capital intensity for four...

Persistent link: https://www.econbiz.de/10012983663

Has the stability and growth pact stabilised? : Evidence from a panel of 12 European countries and some implications for the reform of the pact

Marinheiro, Carlos Fonseca (contributor) - 2005

Ever since its inception EMU has been subject to controversy. The fiscal policy rules embedded in the Treaty on European Union, and clarified in the Stability and Growth Pact (SGP), are probably the most contentious. The SGP is being accused of being too rigid and of forcing pro-cyclicality in...

Persistent link: https://www.econbiz.de/10002734044