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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 US, France, Germany and the UK. These measures of managerial practice are strongly associated with firm-level productivity, profitability, Tobin's Q, sales growth and survival...

Persistent link: https://www.econbiz.de/10012466452

Innovation Networks in the Industrial Revolution

Rosenberger, Lukas; Hanlon, W. Walker; Hallmann, Carl - National Bureau of Economic Research - 2024

Industrial Revolution? We argue that Britain possessed an important but underappreciated innovation advantage: British inventors … worked in technologies that were more central within the innovation network. We offer a new approach for measuring the … innovation network using patent data from Britain and France in the late-18th and early-19th century. We show that the network …

Persistent link: https://www.econbiz.de/10015056202

The Big Tech Lending Model

Liu, Lei; Lu, Guangli; Xiong, Wei - National Bureau of Economic Research - 2022

By comparing uncollateralized business loans made by a big tech lending program with conventional bank loans, we find that big tech loans tend to be smaller and have higher interest rates and that borrowers of big tech loans tend to repay far before maturity and borrow more frequently. These...

Persistent link: https://www.econbiz.de/10013334379

Intergenerational Mobility of Immigrants in 15 Destination Countries

Boustan, Leah Platt - National Bureau of Economic Research - 2025

We estimate intergenerational mobility of immigrants and their children in fifteen receiving countries. We document large income gaps for first-generation immigrants that diminish in the second generation. Around half of the second-generation gap can be explained by differences in parental...

Persistent link: https://www.econbiz.de/10015361434

Income-comparison Attitudes in the US and the UK : Evidence from Discrete-choice Experiments

Shigeoka, Hitoshi - 2016

Economists have long been aware of utility externalities such as a tendency to compare own income with others'. If welfare losses from income comparisons are significant, any governmental interventions that alter such attitudes may have large welfare consequences. We conduct an original online...

Persistent link: https://www.econbiz.de/10012456675

What has Been Happening to UK Income Inequality Since the Mid-1990s? Answers from Reconciled and Combined Household Survey and Tax Return Data

Burkhauser, Richard V. - 2016

Estimates of UK income inequality trends differ substantially according to whether estimates are based on household survey data (used for official statistics) or tax return data (used in the top incomes literature). We reconcile differences in variable definitions and combine survey and tax...

Persistent link: https://www.econbiz.de/10012456682

Fiscal Policies and the Prices of Labor : A Comparison of the U.K. and U.S

Mulligan, Casey B. - 2015

This paper measures the 2007-13 evolution of employment tax rates in the U.K. and the U.S., especially as they are influenced by changes in tax and safety net benefit rules. The magnitudes of the U.S. changes are greater, in the direction of taxing a greater fraction of the value created by...

Persistent link: https://www.econbiz.de/10012457310

Liquidity in Retirement Savings Systems : An International Comparison

Beshears, John - 2015

What is the socially optimal level of liquidity in a retirement savings system? Liquid retirement savings are desirable because liquidity enables agents to flexibly respond to pre-retirement events that raise the marginal utility of consumption. On the other hand, pre-retirement liquidity is...

Persistent link: https://www.econbiz.de/10012457499

How's Life at Home? New Evidence on Marriage and the Set Point for Happiness

Grover, Shawn - 2014

Subjective well-being research has often found that marriage is positively correlated with well-being. Some have argued that this correlation may be result of happier people being more likely to marry. Others have presented evidence suggesting that the well-being benefits of marriage are...

Persistent link: https://www.econbiz.de/10012457872

Unprecedented Actions : The Federal Reserve’s Response to the Global Financial Crisis in Historical Perspective

Mishkin, Frederic S. - 2014

Interventions by the Federal Reserve during the financial crisis of 2007-2009 were generally viewed as unprecedented and in violation of the rules--notably Bagehot's rule--that a central bank should follow to avoid the time-inconsistency problem and moral hazard. Reviewing the evidence for...

Persistent link: https://www.econbiz.de/10012457929