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Policies to Promote Growth and Economic Efficiency in Mexico
Arias, Javier - 2010
This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under stress in Mexico and this retards the growth of skills of...
Persistent link: https://www.econbiz.de/10013135761
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On the Timing and Efficiency of Creative Destruction
Caballero, Ricardo J. - 2010
This paper analyzes the timing, pace and efficiency of the on- going job reallocation that results from product and … policies can restore economic efficiency …
Persistent link: https://www.econbiz.de/10013139984
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Getting Beneath the Veil of Effective Schools : Evidence from New York City
Dobbie, Will - 2011
Charter schools were developed, in part, to serve as an R&D engine for traditional public schools, resulting in a wide variety of school strategies and outcomes. In this paper, we collect unparalleled data on the inner-workings of 35 charter schools and correlate these data with credible...
Persistent link: https://www.econbiz.de/10013117889
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Deregulation, Consolidation, and Efficiency : Evidence from U.S. Nuclear Power
Davis, Lucas W. - 2011
percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …
Persistent link: https://www.econbiz.de/10013121046
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Property Taxation, Zoning, and Efficiency : A Dynamic Analysis
Coate, Stephen - 2011
This paper revisits the classic argument that a system of local governments financing public service provision via property taxes will produce an efficient allocation of both housing and services if communities can implement zoning ordinances. The novel feature of the analysis is a dynamic model...
Persistent link: https://www.econbiz.de/10013123687
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Inefficient Investment Waves
He, Zhiguo - 2012
We develop a dynamic model of trading and investment with limited aggregate resources to study investment cycles. Unverifiable idiosyncratic investment opportunities imply market prices to play a role of rent distribution, distorting private investment incentives from a social point of view....
Persistent link: https://www.econbiz.de/10013103789
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Exploring Tradeoffs in the Organization of Scientific Work : Collaboration and Scientific Reward
Bikard, Michaël - 2014
efficiency of collaboration and the credit allocation that arises after the completion of collaborative work. In this paper, we …
Persistent link: https://www.econbiz.de/10013064160
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The Redistributive Effects of Financial Deregulation
Korinek, Anton - 2013
Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the … levels of welfare for the two parties. A regulator has to trade off efficiency in the financial sector, which is aided by … deregulation, against efficiency in the real economy, which is aided by tighter regulation and a more stable supply of credit. We …
Persistent link: https://www.econbiz.de/10013073879
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Efficiently Inefficient Markets for Assets and Asset Management
Garleanu, Nicolae - 2015
costly, and managers charge an endogenous fee. The efficiency of asset prices is linked to the efficiency of the asset …
Persistent link: https://www.econbiz.de/10013015107
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Insolvency Resolution and the Missing High Yield Bond Markets
Becker, Bo - 2013
-standard-deviation increase in the efficiency of bankruptcy is associated with an increase in the stock of corporate bonds equal to 5% of firm …
Persistent link: https://www.econbiz.de/10013076562