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Innovation and Foreign Ownership
Guadalupe, Maria - 2010
This paper uses a rich panel dataset of Spanish manufacturing firms (1990-2006) and a propensity score reweighting estimator to show that multinational firms acquire the most productive domestic firms, which, on acquisition, conduct more product and process innovation (simultaneously adopting...
Persistent link: https://www.econbiz.de/10012462084
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Foreign Investment and Domestic Productivity : Identifying Knowledge Spillovers and Competition Effects
Fons-Rosen, Christian - 2017
We study the impact of foreign direct investment (FDI) on total factor productivity (TFP) of domestic firms using a new, representative firm-level data set spanning six countries. A novel finding is that firm-level spillovers from foreign firms to domestic companies can be significantly...
Persistent link: https://www.econbiz.de/10012455039
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Measuring and Explaining Management Practices Across Firms and Countries
Bloom, Nick - 2006
We use an innovative survey tool to collect management practice data from 732 medium sized manufacturing firms in the …-level productivity, profitability, Tobin's Q, sales growth and survival rates. Management practices also display significant cross … tail of extremely badly managed firms. We find that poor management practices are more prevalent when (a) product market …
Persistent link: https://www.econbiz.de/10012466452
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The Transmission Mechanism of Monetary Policy in Europe : Evidence from Banks' Balance Sheets
Favero, Carlo A. - 1999
implement a case-study on the response of banks in France, Germany, Italy and Spain to a monetary tightening. The episode we …
Persistent link: https://www.econbiz.de/10012471558
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The Unequal Cost of Job Loss across Countries
Bertheau, Antoine; Acabbi, Edoardo; Barceló, Cristina; … - National Bureau of Economic Research - 2022
and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal …
Persistent link: https://www.econbiz.de/10012938696
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The Impact of Aggregators on Internet News Consumption
Athey, Susan; Mobius, Markus; Pal, Jeno - National Bureau of Economic Research - 2021
complements because they make news discovery easier. We use Spain as a natural experiment because Google News shut down altogether …
Persistent link: https://www.econbiz.de/10012510625
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What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data
Cavallo, Alberto; Kryvtsov, Oleksiy - National Bureau of Economic Research - 2021
We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...
Persistent link: https://www.econbiz.de/10012629429
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Who Are the Hand-to-Mouth?
Aguiar, Mark A. - 2020
Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...
Persistent link: https://www.econbiz.de/10012479167
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On the Direct and Indirect Real Effects of Credit Supply Shocks
Alfaro, Laura - 2019
. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset on the universe of corporate …
Persistent link: https://www.econbiz.de/10012479414
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MPC Heterogeneity in Europe : Sources and Policy Implications
Ampudia, Miguel - 2018
France while expansions have a larger impact in Italy and Spain …
Persistent link: https://www.econbiz.de/10012480733