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Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary … so that all public schools and libraries in the U.S. will receive subsidized service to the Internet. The cost of the … of the higher taxation of interstate telephone services to fund the Internet access discounts. I estimate the cost to the …
Persistent link: https://www.econbiz.de/10013248105
like wages or GDP growth. Applied econometrics has since evolved to prioritize the estimation of specific causal effects …
Persistent link: https://www.econbiz.de/10012963183
government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation …
Persistent link: https://www.econbiz.de/10012965433
earlier economics literature on statistical discrimination.Institutional subscribers to the NBER working paper series, and …
Persistent link: https://www.econbiz.de/10012870057
strategies that combine econometrics and machine learning when conducting forecasts with new big data sources. Specifically … reduction strategies and traditional econometrics approaches in fore-cast accuracy, there are further significant gains from …
Persistent link: https://www.econbiz.de/10012916165
In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on the role of information technology (IT). We have adjusted Japanese data to conform to U.S. definitions in order to provide a rigorous comparison between the two economies. The...
Persistent link: https://www.econbiz.de/10013210551
Since the 1990s, R&D has become less geographically concentrated, and has seen especially fast growth in emerging markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software/IT domain; the increase in foreign R&D has been largely...
Persistent link: https://www.econbiz.de/10012916620
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological … adoption of broadband internet in firms. Our results suggest that broadband internet improves (worsens) the labor outcomes and … internet. We find suggestive evidence that broadband adoption in firms complements skilled workers in executing nonroutine …
Persistent link: https://www.econbiz.de/10013030144
Some booms in housing prices are followed by busts. Others are not. It is generally difficult to find observable fundamentals that are useful for predicting whether a boom will turn into a bust or not. We develop a model consistent with these observations. Agents have heterogeneous expectations...
Persistent link: https://www.econbiz.de/10013130972
Economics and history both strive to understand causation: economics using instrumental variables econometrics and …
Persistent link: https://www.econbiz.de/10013131513