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This paper estimates the effect of trade policy during the Great Liberalization of the 1990s on innovation in over 60 countries using international firm-level patent data. The empirical strategy exploits ex-ante differences in firms' exposure to countries and industries, allowing us to construct...
Persistent link: https://www.econbiz.de/10012982938
The Cobden-Chevalier treaty of 1860 eliminated many French import prohibitions and lowered tariffs between France and … other nations followed because of the use of the unconditional-MFN clause. Post-1860 in France, we find a significant rise …
Persistent link: https://www.econbiz.de/10012909122
We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started in response to the reform are, on average, smaller,...
Persistent link: https://www.econbiz.de/10013043273
evidence from France in the 1930s. In 1936, France departed from the gold standard and implemented mandatory wage increases and …
Persistent link: https://www.econbiz.de/10012995511
globalization along three dimensions: depth, breadth and persistence. We examine depth by studying whether a bank's preference for … country or nationalized banks from different countries, consistent with an impact on the breadth of globalization. Third, we … government interventions affect the depth and breadth of banking globalization, but may not persist after public interventions …
Persistent link: https://www.econbiz.de/10012998957
zone in France using linked employer-employee data. Using instrumental variables with worker and firm fixed effects, we …
Persistent link: https://www.econbiz.de/10014090772
The emergence of the Asian tiger countries and the participation of the ex-communist countries in world trade has reduced the equilibrium price of labor in western Europe and elsewhere. However, the actual price of labor hardly reacts, because the welfare state's minimum replacement incomes are...
Persistent link: https://www.econbiz.de/10012777456
The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...
Persistent link: https://www.econbiz.de/10012760115
The literature on conflict and terrorism has paid little attention to the economic costs of terrorism for the perpetrators. This paper aims to fill that gap by examining the economic costs of committing suicide terror attacks. Using data covering the universe of Palestinian suicide terrorists...
Persistent link: https://www.econbiz.de/10013155112
Does opening a market to international trade affect the pattern of matching between firms and workers? And does the modified sorting pattern affect welfare? This paper answers these questions both theoretically and empirically in three parts. We set up a model of matching between heterogeneous...
Persistent link: https://www.econbiz.de/10013021871