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The London Monetary and Economic Conference of 1933 and the End of the Great Depression : A “Change of Regime” Analysis

Edwards, Sebastian - 2017

In this paper I analyze the London Monetary and Economic Conference of 1933, an almost forgotten episode in U.S. monetary history. I study how the Conference shaped dollar policy during the second half of 1933 and early 1934. I use daily data to investigate the way in which the Conference and...

Persistent link: https://www.econbiz.de/10012962174

The Worldwide Economic Impact of the Revolutionary and Napoleonic Wars

O'Rourke, Kevin H. - 2021

. Britain's control of the seas meant that it was much less affected than other nations, such as France and the United States …. Explicit welfare calculations are provided for four countries, Britain, France, Sweden and the United States. Welfare losses … France, and between 1.7-1.8% per annum in Britain. On the other hand, the conflict helped pave the way for the more liberal …

Persistent link: https://www.econbiz.de/10013221102

The Effect of Organized Breast Cancer Screening on Mammography Use : Evidence from France

Buchmueller, Tom; Goldzahl, Léontine - 2021

In 2004, France introduced a national program of organized breast cancer screening. The national program built on pre … lower incomes, suggesting that France's organized screening program has reduced socioeconomic disparities in access to …

Persistent link: https://www.econbiz.de/10013224125

Covid-19 and SME Failures

Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021

We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...

Persistent link: https://www.econbiz.de/10013244116

The R&D Tax Credit in France : Assessment and Ex-Ante Evaluation of the 2008 Reform

Mulkay, Benoit - 2014

France and proposes an ex ante evaluation of the major reform implemented in 2008. We first estimate an error correction …

Persistent link: https://www.econbiz.de/10013063858

Who Really Benefits from Consumption Tax Cuts? Evidence from a Large Vat Reform in France

Benzarti, Youssef - 2017

In this paper we evaluate the incidence of a large cut in value-added taxes (VAT) for French sit-down restaurants. In contrast to previous studies that focus on prices only, we estimate its effect on four groups: workers, firm owners, consumers and suppliers of material goods. Using a...

Persistent link: https://www.econbiz.de/10012947007

Answering the Queen : Machine Learning and Financial Crises

Fouliard, Jeremy; Howell, Michael J; Rey, Hélène - 2022

Financial crises cause economic, social and political havoc. Macroprudential policies are gaining traction but are still severely under-researched compared to monetary and "fiscal policy. We use the general framework of sequential predictions, also called online machine learning, to forecast...

Persistent link: https://www.econbiz.de/10014243066

Openness to Trade and the Spread of Industrialization : Evidence from Canada During the First Era of Globalization

Jaworski, Taylor; Keay, Ian - 2022

We use new data on manufacturing in Canada to quantify the impact of globalization on the growth and composition of … controlling for these factors, we find that greater exposure to globalization shaped the pattern of regional industrialization in …

Persistent link: https://www.econbiz.de/10013295874

Cherries for Sale : Export Networks and the Incidence of Cross-Border M&A

Blonigen, Bruce A. - 2012

This paper develops a dynamic model of cross-border M&A activity. We show that foreign firms will be relatively more attracted to targets in the domestic country that had high productivity levels several years prior to acquisition, but then suffered a negative productivity shock (i.e., cherries...

Persistent link: https://www.econbiz.de/10013100356

International Evidence on Sticky Consumption Growth

Carroll, Christopher D. - 2008

We estimate the degree of amp;apos;stickinessamp;apos; in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a...

Persistent link: https://www.econbiz.de/10012772369