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Multi-Product Firms and Product Turnover in the Developing World : Evidence from India
Goldberg, Pinelopi - 2015
Recent theoretical work predicts that an important margin of adjustment to deregulation or trade reforms is the … detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large …-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent …
Persistent link: https://www.econbiz.de/10012750189
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The Euro and Structural Reforms
Alesina, Alberto F. - 2010
, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the …
Persistent link: https://www.econbiz.de/10012758159
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What Have Two Decades of British Economic Reform Delivered?
Card, David; Freeman, Richard B. - 2021
Beginning in 1979 with the newly electted Thatcher Government and continuing under successive Conservative and Labour Governments, the United Kingdom has embarked on a two-decade-long experiment in economic reform. We present evidence that the reform process has succeeded in making the UK more...
Persistent link: https://www.econbiz.de/10013218893
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Democracy and Development : The Devil in the Details
Persson, Torsten; Tabellini, Guido - 2021
Does democracy promote economic development? We review recent attempts to address this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends %u2013 in a subtle way %u2013 on the details of...
Persistent link: https://www.econbiz.de/10013234089
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Inference for Vars Identified with Sign Restrictions
Moon, Hyungsik Roger - 2011
restrictions on the responses of a subset of the endogenous variables to a particular structural shock (sign-restricted SVARs). To …
Persistent link: https://www.econbiz.de/10013123692
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Confidence and the Transmission of Government Spending Shocks
Bachmann, Ruediger - 2011
There seems to be a widespread belief among economists, policy-makers, and members of the media that the "confidence'" of households and businesses is a critical component in the transmission of fiscal policy shocks into economic activity. We take this proposition to the data using standard...
Persistent link: https://www.econbiz.de/10013124852
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Are the Effects of Monetary Policy Shocks Big or Small?
Coibion, Olivier - 2011
are consistent across approaches and most likely medium. Alternative monetary policy shock measures from estimated Taylor …
Persistent link: https://www.econbiz.de/10013125566
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News, Noise, and Fluctuations : An Empirical Exploration
Blanchard, Olivier J. - 2010
We explore empirically models of aggregate fluctuations with two basic ingredients: agents form anticipations about the future based on noisy sources of information; these anticipations affect spending and output in the short run. Our objective is to separate fluctuations due to actual changes...
Persistent link: https://www.econbiz.de/10013152615
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Letting Different Views About Business Cycles Compete
Beaudry, Paul - 2010
preference or more generally a demand shock. More recently two other explanations have been advocated: surprise changes in …
Persistent link: https://www.econbiz.de/10013152795
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Identifying Government Spending Shocks : It's All in the Timing
Ramey, Valerie A. - 2009
the period 1969 to 2008. All news measures suggest that most components of consumption fall after a positive shock to …
Persistent link: https://www.econbiz.de/10013155114