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This paper studies the impact of process and product innovations introduced by firms on employment growth in these … firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to … innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the …
Persistent link: https://www.econbiz.de/10012751345
. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset on the universe of corporate …
Persistent link: https://www.econbiz.de/10012894440
Similar to other OECD countries, labor force participation rates of Spanish older workers were falling until the mid-1990s when there was a reversal in the trend. Labor force participation rates of Spanish men have been increasing since then, although at a slower pace than in other OECD...
Persistent link: https://www.econbiz.de/10012918084
Spain, a country which had relatively poor productivity growth in agriculture and low living standards prior to 1800, was a …
Persistent link: https://www.econbiz.de/10012760115
The connections between globalization and democracy are a classic question in international political economy and a topic much debated in foreign policy circles. While the analytical literature is extensive, few previous studies have acknowledged the possibility of bidirectional causality or...
Persistent link: https://www.econbiz.de/10012760718
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012838354
To assess age-specific infection fatality rates (IFRs) for COVID-19, we have conducted a systematic review of seroprevalence studies as well as countries with comprehensive tracing programs. Age-specific IFRs were computed using the prevalence data in conjunction with reported fatalities four...
Persistent link: https://www.econbiz.de/10012827227
stock returns. Monetary policy has a larger impact on consumption in Italy and Spain compared to France and Germany …
Persistent link: https://www.econbiz.de/10012910644
The 1918 Influenza Pandemic killed millions worldwide and hundreds of thousands in the United States. This paper studies the impact of air pollution on pandemic mortality. The analysis combines a panel dataset on infant and all-age mortality with a novel measure of air pollution based on the...
Persistent link: https://www.econbiz.de/10013013917
We develop a theoretical framework to characterize strategic behavior in sequential markets under imperfect competition and limited arbitrage. Our theory predicts that these two elements can generate a systematic price premium. We test the model predictions using micro-data from the Iberian...
Persistent link: https://www.econbiz.de/10013039636