Showing 1 - 10 of 24
This paper empirically examines the effects of financial crises on the organization of production of multinational enterprises. We construct a panel of European multinational networks from 2003 through 2015. We use as a financial shock the increase in risk premia between August 2007 and July...
Persistent link: https://www.econbiz.de/10014287317
Europe been high during recent years? Has there been a link between U.S. real rates and those in other countries? Can this … evidence that there is a positive association between movements in U.S. real rates and those in Europe. However,European real … rates typically do not move one-for-one with U.S. real rates,still leaving open the possibility that European monetary …
Persistent link: https://www.econbiz.de/10012477666
In many countries holders of patents must pay an annual renewal fee in order to keep their patents in force. This paper uses data on the proportion of patents renewed, and the renewal fees faced by, post World War II cohorts of patents in France, the United Kingdom, and Germany, in conjunction...
Persistent link: https://www.econbiz.de/10012477754
Economic and social historians have traditionally been concerned to measure changes in the income and welfare of populations in the past.Until recently, however, they have not recognized that anthropometric data, such as evidence on the average height achieved by a population at a particular...
Persistent link: https://www.econbiz.de/10012477779
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/10012479516
compare and contrast productivity growth up through 2015 starting from 1950 in the U.S. and from 1972 in the EU-10. Data are … the inventions that propelled U.S. productivity growth in the first half of the 20th century, and the next EU-10 stage for …-95 for the EU-10 as well as its industrial composition matched very closely the growth record of the U.S. in the previous …
Persistent link: https://www.econbiz.de/10012479654
coefficients show that immigration policies balancing the number of high-skilled and low-skilled immigrants from outside the EU …
Persistent link: https://www.econbiz.de/10012480728
We show that cheap credit to impaired firms has a disinflationary effect. By helping distressed firms to stay afloat, "zombie credit" can create excess production capacity, and in turn, put downward pressure on markups and prices. We test this mechanism exploiting granular inflation and...
Persistent link: https://www.econbiz.de/10012481741
We discuss the main fiscal policy issues in the Eurozone. Our goal is pedagogical: we do not make any new proposal, but try to represent fairly the various sides of the debate. We focus on two issues that are at the core of the current debate. The first is that, right from the start, the...
Persistent link: https://www.econbiz.de/10012482336
skill-based migration policy in the US compared to the European Union. Policy coordination among states within the federal … system on migration, taxes, and social benefits among states within the US federal system is stronger than among countries … may explain in part these US-Europe differences in policies …
Persistent link: https://www.econbiz.de/10012482345