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We document that individuals who grew up in areas with high density of firms are more likely, as adults, to become entrepreneurs, controlling for the density of firms in their current location. Conditional on becoming entrepreneurs, the same individuals are also more likely to be successful...
Persistent link: https://www.econbiz.de/10013002773
Using data on the universe of U.S. patents filed between 1976 and 2010, we quantify how sensitive is migration by star scientist to changes in personal and business tax differentials across states. We uncover large, stable, and precisely estimated effects of personal and corporate taxes on star...
Persistent link: https://www.econbiz.de/10013023681
patent citation data, using same-MSA and co-ethnicity as proxies for spatial and social proximity, respectively, to estimate …
Persistent link: https://www.econbiz.de/10012754047
, where we merge: (i) firm-level balance sheet data; (ii) social security data on the universe of workers; (iii) patent data … from the European Patent Office; (iv) the national registry of local politicians; and (v) detailed data on local elections … in Italy. We find that firm-level political connections are widespread, especially among large firms, and that industries …
Persistent link: https://www.econbiz.de/10012909902
introduction of the first regularized patent system, which appeared in the Venetian Republic in 1474. We begin by developing a …
Persistent link: https://www.econbiz.de/10012941168
This paper studies the effects of university STEM education on innovation and labor market outcomes by exploiting a change in enrollment requirements in Italian STEM majors. University-level scientific education had two direct effects on the development of patents by students who had acquired a...
Persistent link: https://www.econbiz.de/10012868742
Linking individuals across historical datasets relies on information such as name and age that is both non-unique and prone to enumeration and transcription errors. These errors make it impossible to find the correct match with certainty. In the first part of the paper, we suggest a fully...
Persistent link: https://www.econbiz.de/10012927030
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their nationality in aggregate statistics. We associate the universe of traded securities with their issuer's ultimate parent and restate bilateral investment positions to better...
Persistent link: https://www.econbiz.de/10012839470
Recent research suggests that rates of extreme poverty, commonly defined as living on less than $2/person/day, are high and rising in the United States. We re-examine the rate of extreme poverty by linking 2011 data from the Survey of Income and Program Participation and Current Population...
Persistent link: https://www.econbiz.de/10012869067
Police use of force – particularly lethal force – is one of the most divisive issues of the twenty-first century. To understand the nexus of race, criminal justice, and police brutality, academics and journalists have begun to amass impressive datasets on Officer-Involved-Shootings (OIS). I...
Persistent link: https://www.econbiz.de/10012929545