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The Effect of Cash Injections : Evidence from the 1980s Farm Debt Crisis
Bergman, Nittai - 2017
What is the effect of cash injections during financial crises? Exploiting county-level variation arising from random weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local cash flow shocks on the real and financial sector. We show that such cash flow shocks...
Persistent link: https://www.econbiz.de/10012953501
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The Environmental Cost of Global Fuel Subsidies
Davis, Lucas W. - 2016
quantifies the external costs of global fuel subsidies using the latest available data and estimates from the World Bank and …
Persistent link: https://www.econbiz.de/10012996460
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The Economic Cost of Global Fuel Subsidies
Davis, Lucas W. - 2013
the latest available data from the World Bank, finding that road-sector subsidies for gasoline and diesel totaled $110 …
Persistent link: https://www.econbiz.de/10013071789
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Detection and Impact of Industrial Subsidies : The Case of World Shipbuilding
Kalouptsidi, Myrto - 2014
strategy to world shipbuilding, a classic target of industrial policy. I find strong evidence consistent with China having … subsidies led to substantial reallocation of ship production across the world, with Japan, in particular, losing significant …
Persistent link: https://www.econbiz.de/10013054035
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China's Unconventional Nationwide Co<Sub>2</Sub> Emissions Trading System : The Wide-Ranging Impacts of an Implicit Output Subsidy
Goulder, Lawrence H. - 2019
China is planning to implement the largest CO<sub>2</sub> emissions trading system in the world. To reduce emissions …'s forthcoming TPS for achieving CO<sub>2</sub> emissions reductions from the power sector.We find that the TPS's implicit subsidy to … subsidy disadvantages the TPS relative to C&T by causing power plants to make less efficient use of output-reduction as a way …
Persistent link: https://www.econbiz.de/10012858028
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Do Cash Windfalls Affect Wages? Evidence from R&D Grants to Small Firms
Howell, Sabrina T - 2020
This paper examines how employee earnings at small firms respond to a cash flow shock in the form of a government R&D grant. We use ranking data on applicant firms, which we link to IRS W2 earnings and other U.S. Census Bureau datasets. In a regression discontinuity design, we find that the...
Persistent link: https://www.econbiz.de/10012842482
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The Targeting and Impact of Paycheck Protection Program Loans to Small Businesses
Bartik, Alexander - 2020
The Paycheck Protection Program (PPP) aimed to quickly deliver hundreds of billions of dollars of loans to small businesses, with the loans administered via private banks. In this paper, we use firm-level data to document the demand and supply of PPP funds. Using an instrumental variables...
Persistent link: https://www.econbiz.de/10012826642
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Do Innovation Subsidies Make Chinese Firms More Innovative? Evidence from the China Employer Employee Survey
Cheng, Hong - 2019
The Chinese government has been using various subsidies to encourage innovations by Chinese firms. This paper examines the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find that the innovation subsidies are preferentially...
Persistent link: https://www.econbiz.de/10012895014
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The Right Stuff? Personality and Entrepreneurship
Hamilton, Barton H. - 2018
We construct a structural model of entry into self-employment to evaluate the impact of policies supporting entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the non-pecuniary benefits of running a business and not necessarily because they are good at...
Persistent link: https://www.econbiz.de/10012911470
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The Long Term Impacts of Grants on Poverty : 9-Year Evidence from Uganda's Youth Opportunities Program
Blattman, Christopher - 2018
In 2008, Uganda granted hundreds of small groups $400/person to help members start individual skilled trades. Four years on, an experimental evaluation found grants raised earnings by 38% (Blattman, Fiala, Martinez 2014). We return after 9 years to find these start-up grants acted more as a...
Persistent link: https://www.econbiz.de/10012911477