Similar Search Results

What We Spend and What We Get : Public and Private Provision of Crime Prevention

Witte, Ann Dryden; Witt, Robert - 2021

In this paper, we consider a number of issues regarding crime prevention and criminal justice. We begin by considering how crime is measured and present both general and specific evidence on the level of crime in a variety of countries. Crime is pervasive and varies substantially across...

Persistent link: https://www.econbiz.de/10013225388

The Chinese Corporate Savings Puzzle : a Firm-Level Cross-Country Perspective

Bayoumi, Tamim A. - 2010

China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account surplus. The mainstream explanation for high corporate savings is a combination of windfall profits in state-owned firms, especially in resource sectors, and mis-governance of...

Persistent link: https://www.econbiz.de/10013137314

Is Public R&D a Complement or Substitute for Private R&D? A Review of the Econometric Evidence

David, Paul A.; Hall, Bronwyn H.; Toole, Andrew A. - 2021

Is public R&D spending complementary and thus "additional" to private R&D spending, or does it substitute for and tend to "crowd out" private R&D? Conflicting answers are given to this question. We survey the body of available economectric evidence accumulated over the past 35 years. A framework...

Persistent link: https://www.econbiz.de/10013245706

The Economic Impacts of Covid-19 : Evidence from a New Public Database Built Using Private Sector Data

Chetty, Raj - 2020

We build a publicly available database that tracks economic activity at a granular level in real time using anonymized data from private companies. We report daily statistics on consumer spending, business revenues, employment rates, and other key indicators disaggregated by ZIP code, industry,...

Persistent link: https://www.econbiz.de/10012829789

Inflation Targeting and Private Sector Forecasts

Cecchetti, Stephen G. - 2013

Transparency is one of the biggest innovations in central bank policy of the past quarter century. Modern central bankers believe that they should be as clear about their objectives and actions as possible. However, is greater transparency always beneficial? Recent work suggests that when...

Persistent link: https://www.econbiz.de/10013095553

How Collateral Laws Shape Lending and Sectoral Activity

Calomiris, Charles W. - 2016

favor immovable-based production. An analysis of Slovakia's collateral law reform confirms our findings …

Persistent link: https://www.econbiz.de/10013000520

Privatizing the Privatized

Tornell, Aaron - 2021

In the first part of this paper we argue that three reforms must be implemented if privatization is to increase … small window of opportunity? Either they privatize hastily today, or not at all. Should they go ahead with privatization and … clear cut. Privatization without prior implementation of the three reforms mentioned above will simply replace government …

Persistent link: https://www.econbiz.de/10013240949

Human Capital and Regional Development

Gennaioli, Nicola - 2015

We investigate the determinants of regional development using a newly constructed database of 1569 sub-national regions from 110 countries covering 74 percent of the world's surface and 96 percent of its GDP. We combine the cross-regional analysis of geographic, institutional, cultural, and...

Persistent link: https://www.econbiz.de/10013037866

When, Where, and Why? Early Industrialization in the Poor Periphery 1870-1940

Williamson, Jeffrey G. - 2010

This paper documents industrial output and labor productivity growth around the poor periphery 1870-1940 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over these seven critical...

Persistent link: https://www.econbiz.de/10013138324

The Impact of the Asian Miracle on the Theory of Economic Growth

Fogel, Robert William - 2012

of institutional changes on invention, innovation, the process of technological change, and economic growth. Section 7 …

Persistent link: https://www.econbiz.de/10013117048