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The New Empirical Economics of Management

Bloom, Nicholas - 2014

Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across …

Persistent link: https://www.econbiz.de/10013054045

Maintaining Central-Bank Financial Stability Under New-Style Central Banking

Hall, Robert E. - 2015

Since 2008, the central banks of advanced countries have borrowed trillions of dollars from their commercial banks in the form of interest-paying reserves and invested the proceeds in portfolios of risky assets. We investigate how this new style of central banking affects central banks'...

Persistent link: https://www.econbiz.de/10013022593

Migration as a Test of the Happiness Set Point Hypothesis : Evidence from Immigration to Canada

Helliwell, John F. - 2016

Strong versions of the set point hypothesis argue that subjective well-being measures reflect each individual's own personality and that deviations from that set point will tend to be short-lived, rendering them poor measures of the quality of life. International migration provides an excellent...

Persistent link: https://www.econbiz.de/10012983665

Heterogeneous Frictional Costs Across Industries in Cross-Border Mergers and Acquisitions

Blonigen, Bruce A. - 2016

While there has been significant research to explore the determinants (and frictions) of foreign direct investment (FDI), past literature primarily focuses on country-wide FDI patterns with little examination of sectoral heterogeneity in FDI. Anecdotally, there is substantial sectoral...

Persistent link: https://www.econbiz.de/10012984746

The More We Die, the More We Sell? A Simple Test of the Home-Market Effect

Costinot, Arnaud - 2016

The home-market effect, first hypothesized by Linder (1961) and later formalized by Krugman (1980), is the idea that countries with larger demand for some products at home tend to have larger sales of the same products abroad. In this paper, we develop a simple test of the home-market effect...

Persistent link: https://www.econbiz.de/10012984754

Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark Industry Characteristics

Ciccone, Antonio - 2016

Empirical cross-industry cross-country models are applied widely in economics, for example to investigate the determinants of economic growth or international trade. Estimation generally relies on US proxies for unobservable technological industry characteristics, for example industries'...

Persistent link: https://www.econbiz.de/10012988080

Newer Need Not Be Better : Evaluating the Penn World Tables and the World Development Indicators Using Nighttime Lights

Pinkovskiy, Maxim - 2016

Penn World Tables and of the World Development Indicators better estimate true income per capita. We find that revisions of …-price series in both PWT 8.0 and PWT 8.1, the two most recent vintages of the PWT. We additionally find that the World Development … Indicators are as good, and often better, measures of unobserved true income as are any recent vintages of the Penn World Tables …

Persistent link: https://www.econbiz.de/10012992665

Nutrient Intake : A Cross-National Analysis of Trends and Economic Correlates

Dave, Dhaval - 2016

Nutrition is a key input in the health production function, and a better understanding of how we eat can aid in guiding effective policy change towards better population health. This study documents prevalence rates, trends in, and potential correlates of nutrient intake for panels of countries,...

Persistent link: https://www.econbiz.de/10012993851

The Rise and Decline of General Laws of Capitalism

Acemoglu, Daron - 2014

Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...

Persistent link: https://www.econbiz.de/10013039764

Geography and Agricultural Productivity : Cross-Country Evidence from Micro Plot-Level Data

Adamopoulos, Tasso - 2018

Why is agricultural productivity so low in poor countries relative to the rest of the world? Is it due to geography or …

Persistent link: https://www.econbiz.de/10012920893