Similar Search Results

Adam, Klaus; Weber, Henning - 2018

Sticky price models featuring heterogeneous firms and systematic firm-level productivity trends deliver radically different predictions for the optimal inflation rate than their popular homogenous-firm counterparts: (1) the optimal steady-state inflation rate generically differs from zero and...

Persistent link: https://www.econbiz.de/10011845313

Capital structure and regulation in US local telephony: an exploratory econometric study

Resende, Marcelo - 2009

The paper aims at empirically investigating the relationship between regulation and the capital structure of the regulated firm, A key aspect of the referred relationship pertains a leverage effect according to which debt could be increased as a response to previous physical capital investment...

Persistent link: https://www.econbiz.de/10003854388

Tariffs, trade and productivity : a quantitative evaluation of heterogeneous firm models

Breinlich, Holger; Cuñat, Alejandro - 2013

We examine the quantitative predictions of heterogeneous firm models à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity across a range of standard models and compare them to the...

Persistent link: https://www.econbiz.de/10009773860

Why have corporate tax revenues declined? : Another look

Auerbach, Alan J. (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364838

The dark side of international cross-listing : effects on rival firms at home

Melvin, Michael (contributor); Valero, Magali (contributor) - 2007

Persistent link: https://www.econbiz.de/10003624831

Immigration and business dynamics : evidence from U.S. firms

Mahajan, Parag - 2022

Prior literature on the economic impact of immigration has largely ignored changes to the composition of labor demand. In contrast, this paper uses a comprehensive collection of survey and administrative data to show that heterogeneous establishment entry and exit drive immigrant-induced job...

Persistent link: https://www.econbiz.de/10013332159

Dynamic mergers effects on R&D investments and drug development across research phases in the pharmaceutical industry

Siebert, Ralph; Tian, Zhili - 2020

Pharmaceutical ﬁrms spend increasing amounts in mergers and acquisitions (M&As), which raises the question of whether sufficient investment is left after mergers to further develop ﬁrms' internal drug development capability. We evaluate the effects of M&As on ﬁrms' post-merger R&D...

Persistent link: https://www.econbiz.de/10012219372

Ten facts on declining business dynamism and lessons from endogenous growth theory

Akcigit, Ufuk; Ates, Sina T. - 2019

explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …

Persistent link: https://www.econbiz.de/10012104042

Immigrants' contribution to innovativeness : evidence from a non-selective immigration country

Candel-Haug, Katharina; Cuntz, Alexander; Falck, Oliver - 2018

The economic consequences of migration are hotly debated and a main topic of recent populist movements across Europe. We analyze Polish immigration in the context of the 2004 enlargement of the European Union and find a positive and significant spillover effect of the immigrants on the number of...

Persistent link: https://www.econbiz.de/10011942898

Firms' innovation strategy under the shadow of analyst coverage

Guo, Bing; Pérez-Castrillo, J. David; Toldra, Anna - 2017

We study the effect of analyst coverage on firms' innovation strategy and outcome. By considering three different … negative effect becomes not significant when firms' in-house R&D spending and external innovation channels are taken into … account. We find that more financial analysts encourage firms to make more efficient investments related to innovation, which …

Persistent link: https://www.econbiz.de/10011688059

1
2
3
4
5
6
7
8
9
10
Next
Last