Showing 1 - 10 of 175
"Short-run subsidies for health products are common in poor countries. How do they affect long-run adoption? We present a model of technology adoption in which people learn about a technology's effectiveness by using it (or observing others using it) for some time, but people quit using it too...
Persistent link: https://www.econbiz.de/10003987975
"We evaluate multiple variants of a commonly used intervention to boost education in developing countries -- the conditional cash transfer (CCT) -- with a student level randomization that allows us to generate intra-family and peer-network variation. We test three treatments: a basic CCT...
Persistent link: https://www.econbiz.de/10010521179
This paper suggests that innovation policy in the United States has erred by subsidizing the private sector demand for scientists and engineers without asking whether the educational system provides that supply response necessary for these subsidies to work. It suggests that the existing...
Persistent link: https://www.econbiz.de/10012471027
inequality aversion and financing the subsidy is not too distortive …
Persistent link: https://www.econbiz.de/10012471291
This paper studies the connection between share pledging and entrepreneurial activities in China, challenging the common wisdom that share pledging funds circle back to the listed firms. Share pledging funds are at the discretion of the shareholders who pledge their publicly traded shares, and...
Persistent link: https://www.econbiz.de/10012938700
Was the $278 billion reboot of the $800 billion Paycheck Protection Program (PPP) in early 2021 disbursed equitably to minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the third and final round of the program, which was...
Persistent link: https://www.econbiz.de/10012938701
Using a large sample of Florida restaurants, we document significant racial disparities in borrowing through the Paycheck Protection Program (PPP) and investigate the causes of these disparities. Black-owned restaurants are 25% less likely to receive PPP loans. Restaurant location explains 5...
Persistent link: https://www.econbiz.de/10012938717
study a subsidy program design that mitigates such price increases by making products' eligibility for a subsidy dependent … eligibility mitigates the price increases arising from the subsidy and even leads to a reduction in prices for some products. It … improves consumer and total surpluses while limiting government subsidy payments …
Persistent link: https://www.econbiz.de/10012510538
without the subsidy), and resulting substitution from driving. We combine administrative, insurance and survey data from a … large-scale Swedish subsidy program in 2018, which is similar to other programs around world, to evaluate these implications …. We find (1) complete pass through of the average $500 subsidy to consumers, (2) a near doubling of E-bikes sold but one …
Persistent link: https://www.econbiz.de/10013191007
We study the stock market effects of the arrival of the three rounds of "stimulus checks" to U.S. taxpayers and the single round of direct payments to Hong Kong citizens. The first two rounds of U.S. checks appear to have increased retail buying and share prices of retail-dominated portfolios....
Persistent link: https://www.econbiz.de/10013172127