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Skill-Specific Rather then General Education : A Reason for Us-Europe Growth Differences?
Krueger, Dirk; Kumar, Krishna B. - 2021
education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …
Persistent link: https://www.econbiz.de/10013212567
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Industry Compensation Under Relocation Risk : A Firm-Level Analysis of the EU Emissions Trading Scheme
Martin, Ralf - 2013
When regulated firms are offered compensation to prevent them from relocating, efficiency requires that payments be distributed across firms so as to equalize marginal relocation probabilities, weighted by the damage caused by relocation. We formalize this fundamental economic logic and apply it...
Persistent link: https://www.econbiz.de/10013080845
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German financial state aid during COVID-19 pandemic : higher impact among digitalized self-employed
Bertschek, Irene; Block, Jörn; Kritikos, Alexander; … - 2022
In response to strong revenue and income losses that a large share of the self-employed faced during the COVID-19 pandemic, the German federal government introduced a €50bn emergency aid program. Based on real-time online-survey data comprising more than 20,000 observations, we analyze the...
Persistent link: https://www.econbiz.de/10013414371
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The effects of cash for clunkers on local air quality
Helm, Ines; Koch, Nikolas; Rohlf, Alexander - 2023
We study the effects of a large car scrappage scheme in Germany on new car purchases and local air quality by combining vehicle registration data with data on local air pollutant emissions. For identification we exploit cross-sectional variation across districts in the number of cars eligible...
Persistent link: https://www.econbiz.de/10014310869
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The accident externality from trucking
Muehlenbachs, Lucija A.; Staubli, Stefan; Chu, Ziyan - 2017
The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise. We find each additional truck on the road increases the risk of a truck accident – but also, at an even higher rate, the risk of a car-on-car collision. Our estimates imply two...
Persistent link: https://www.econbiz.de/10011731933
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Railroads and Local Economic Development : The United States in the 1850s
Haines, Michael R. - 2006
We use county and individual-level data from 1850 and 1860 to examine the economic impact of gaining access to a railroad. Previous studies have found that rail access was positively correlated with the value of agricultural land at a point in time, and have interpreted this correlation as...
Persistent link: https://www.econbiz.de/10012779652
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Did Railroads Make Antebellum U.S. Banks More Sound?
Atack, Jeremy - 2014
We investigate the relationships of bank failures and balance sheet conditions with measures of proximity to different forms of transportation in the United States over the period from 1830-1860. A series of hazard models and bank-level regressions indicate a systematic relationship between...
Persistent link: https://www.econbiz.de/10013055511
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Mergers, Deregulation and Cost Savings in the U.S. Rail Industry
Berndt, Ernst R.; Friedlaender, Ann F.; Wang Chiang, … - 2021
The success of deregulation in creating a viable private rail freight system in the ?U.S. since 1979 is relatively undisputed. Deregulation has proceeded in three ways: (i) eased rate setting restrictions; (ii) simplified merger applications and approval procedures; and (iii) relaxed route...
Persistent link: https://www.econbiz.de/10013210639
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A breath of fresh air: raising awareness for clean fuel adoption
Afridi, Farzana; Debnath, Sisir; Somanathan, E. - 2020
them, or raise health awareness along with providing information on the universal cash-back LPG subsidy program or a … financial constraints and the importance of the design of public subsidy schemes in inducing regular usage of clean fuels. …
Persistent link: https://www.econbiz.de/10012389469
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Timing the transfer : liquidity constraints and the transition to clean fuels
Afridi, Farzana; Barnwal, Prabhat; Sarkar, Shreya - 2024
We study the role of the administrative design of energy subsidy programs aimed at encouraging households' transition … to cleaner energy sources. Our context is the universal subsidy for clean cooking gas (LPG) in India - households first … purchase LPG at the market price (over-the-counter) and then receive a "cash-back" subsidy in their bank account. The subsidy …
Persistent link: https://www.econbiz.de/10014580725