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Exporting the Surveillance State via Trade in AI
Beraja, Martin; Kao, Andrew; Yang, David Y.; Yuchtman, Noam - National Bureau of Economic Research - 2023
China. First, China has a comparative advantage in this technology. It is substantially more likely to export surveillance … democracies are more likely to import surveillance AI from China. This bias is not observed in AI imports from the US or in … imports of other frontier technologies from China. Third, autocracies and weak democracies are especially more likely to …
Persistent link: https://www.econbiz.de/10014372433
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Research and/or Development? Financial Frictions and Innovation Investment
Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023
disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …
Persistent link: https://www.econbiz.de/10014337755
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Innovation : The Bright Side of Common Ownership?
Antón, Miguel; Ederer, Florian; Giné, Mireia; … - National Bureau of Economic Research - 2024
impediment to corporate innovation. By contrast, without technological spillovers, innovation has the effect of stealing market … share from rivals; in that case, more common ownership reduces innovation. Empirically, the association between common … ownership and innovation inputs and outputs decreases with product market proximity and increases with technology proximity. The …
Persistent link: https://www.econbiz.de/10014512046
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Search Frictions and Product Design in the Municipal Bond Market
Brancaccio, Giulia; Kang, Karam - National Bureau of Economic Research - 2022
This paper shows that product design shapes search frictions and that intermediaries leverage this channel to increase their rents in the context of the U.S. municipal bond market. The majority of bonds are designed via negotiations between a local government and its underwriter. They are then...
Persistent link: https://www.econbiz.de/10013477267
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The Economic Approach to Political Borders
Spolaore, Enrico - National Bureau of Economic Research - 2022
This paper overviews theoretical and empirical studies of political borders from an economic perspective. It reviews theories of the number and size of nations focused on the trade-off between economies of scale in public-good provision and heterogeneity of preferences over public policies as...
Persistent link: https://www.econbiz.de/10013477293
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State Capacity as an Organizational Problem : Evidence from the Growth of the U.S. State Over 100 Years
Mastrorocco, Nicola; Teso, Edoardo - National Bureau of Economic Research - 2023
We study how the organization of the state evolves over the process of development of a nation, using a new dataset on the internal organization of the U.S. federal bureaucracy over 1817-1905. First, we show a series of facts, describing how the size of the state, its presence across the...
Persistent link: https://www.econbiz.de/10014337824
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The Impact of Bretton Woods International Capital Controls on the Global Economy and the Value of Geopolitical Stability : A General Equilibrium Analysis
Ohanian, Lee E.; Restrepo-Echavarria, Paulina; Van … - National Bureau of Economic Research - 2023
This paper quantifies the positive and normative impact of Bretton Woods capital controls on global and regional economic activity. A three-region DSGE capital flows accounting framework consisting of the U.S., Western Europe, and the Rest of the World (ROW) is developed to quantify capital...
Persistent link: https://www.econbiz.de/10014337829
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Protests
Cantoni, Davide; Kao, Andrew; Yang, David Y.; Yuchtman, Noam - National Bureau of Economic Research - 2023
correlated with protests; individual values are predictive of protest participation. Fifth, the US, China, and Russia are the …
Persistent link: https://www.econbiz.de/10014337849
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Partisan Traps
Bueno de Mesquita, Ethan; Dziuda, Wioletta - National Bureau of Economic Research - 2023
Electoral incentives may lead policymakers to eschew opportunities for common-interest reform, focusing instead on zero-sum, partisan policymaking. By forgoing opportunities for common-interest reforms, incumbents may convince their constituents that such reforms are rarely feasible, so that...
Persistent link: https://www.econbiz.de/10014436958
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Polarizing Corporations : Does Talent Flow to "Good" Firms?
Colonnelli, Emanuele; McQuade, Timothy; Ramos, Gabriel; … - National Bureau of Economic Research - 2023
We conduct a field experiment in partnership with the largest job platform in Brazil to study how environmental, social, and governance (ESG) practices of firms affect talent allocation. We find both an average job-seeker's preference for ESG and a large degree of heterogeneity across...
Persistent link: https://www.econbiz.de/10014437044