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Intracompany Governance and Innovation
Belenzon, Sharon - 2014
This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and …: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is … countries, where business groups tend to be concentrated in industries with a slower and more fundamental innovation cycle and …
Persistent link: https://www.econbiz.de/10013070812
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Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, it and Productivity
Bloom, Nicholas - 2015
effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …
Persistent link: https://www.econbiz.de/10013038317
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Automatic Stabilizers and Economic Crisis : Us vs. Europe
Dolls, Mathias - 2010
stabilizers in Eastern and Southern Europe are much lower than in Central and Northern European countries. We also investigate …
Persistent link: https://www.econbiz.de/10013139144
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What is a Sustainable Public Debt?
D'Erasmo, Pablo - 2015
three approaches to analyze debt sustainability in the United States and Europe after the recent surge in public debt …
Persistent link: https://www.econbiz.de/10013015096
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A Long Term Perspective on the Euro
Bordo, Michael D. - 2008
This study grounds the establishment of EMU and the euro in the context of the history of international monetary cooperation and of monetary unions, above all in the U.S., Germany and Italy. The purpose of national monetary unions was to reduce transactions costs of multiple currencies and...
Persistent link: https://www.econbiz.de/10012772728
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Monetary Policy and Performance in the U.S., Japan and Europe, 1973-86
Fischer, Stanley - 2007
Monetary policies in the U.S., Japan, Germany and the United Kingdom over the period 1973-1986 are compared and evaluated, with the aim of drawing lessons for monetary policy from the recent historical record. All four countries shifted during this period to money targeting, though with...
Persistent link: https://www.econbiz.de/10012777224
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Skill of the Immigrants and Vote of the Natives : Immigration and Nationalism in European Elections 2007-2016
Moriconi, Simone - 2018
In this paper we document the impact of immigration at the regional level on Europeans' political preferences as expressed by voting behavior in parliamentary or presidential elections between 2007 and 2016. We combine individual data on party voting with a classification of each party's...
Persistent link: https://www.econbiz.de/10012910650
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The Industry Anatomy of the Transatlantic Productivity Growth Slowdown
Gordon, Robert J. - 2019
By merging KLEMS data sets and aggregating over the ten largest Western European nations (EU-10), we are able to compare and contrast productivity growth up through 2015 starting from 1950 in the U.S. and from 1972 in the EU-10. Data are provided at the aggregate level, as well as for 16...
Persistent link: https://www.econbiz.de/10012889492
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Immigration and Preferences for Redistribution in Europe
Alesina, Alberto F. - 2019
We examine the relationship between immigration and attitudes toward redistribution using a newly assembled data set of immigrant stocks for 140 regions of 16 Western European countries. Exploiting within-country variations in the share of immigrants at the regional level, we find that native...
Persistent link: https://www.econbiz.de/10012892564
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The Euromarkets after 1992
Levich, Richard M. - 2010
variation in these factors across Europe. Competitive pressures should lead to a convergence of regulation, but national …
Persistent link: https://www.econbiz.de/10012760201