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Conventional wisdom in the field of international finance holds that the U.S. economy has become so open financiallly as to be characterized by perfect capital mobility: a highly elastic supply of foreign capital prevents the domestic rate of return from rising significantly above the world rate...
Persistent link: https://www.econbiz.de/10013229146
indicate that increases in the share of a firm's innovation performed by inventors of a particular ethnicity are associated …
Persistent link: https://www.econbiz.de/10013008529
Crowdsourcing - a collabo ... …
Persistent link: https://www.econbiz.de/10012945149
This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10013069031
public policy objectives, including value-creation, innovation, and competition. A number of novel data-collection methods …, including value-creation, as measured by the likelihood and size of IPOs and Mamp;As, and innovation, as measured by patents. It …
Persistent link: https://www.econbiz.de/10012751481
Crowdsourcing is an emerging technology where innovation and production are sourced out to the public through an open … call. At the center of crowdsourcing is a resource allocation problem: there is an abundance of workers but a scarcity of … fact that the exact difficulties of innovation tasks may not be known in advance, so tasks that require high-skill labor …
Persistent link: https://www.econbiz.de/10013059645
This paper uses the old-Keynesian representative agent model developed in Farmer (2010b) to answer two questions: 1) do increased government purchases crowd out private consumption? 2) do increased government purchases reduce unemployment? Farmer compared permanent tax financed expenditure paths...
Persistent link: https://www.econbiz.de/10013134828
When the government gives a grant to a private charitable organization, do the donors to that organization give less? If they do, is it because the grants crowd out donors who feel they gave through taxes (classic crowd out), or is it because the grant crowds out the fund-raising of the...
Persistent link: https://www.econbiz.de/10013138085
We analyze the effects of states' expansions of CHIP eligibility to children in higher income families during 2002-2009 on take-up of public coverage, crowd-out of private coverage, and rates of uninsurance. Our results indicate these expansions were associated with limited uptake of public...
Persistent link: https://www.econbiz.de/10013113249
Using data from charitable organizations in the US, authors have established that government grants to charities largely crowd out giving from other sources, but that this reduction is due mostly to reduced fundraising activities of the charity itself. We use much more detailed data from over...
Persistent link: https://www.econbiz.de/10013117887