Showing 1 - 10 of 221
We conduct the first empirical test of the knowledge burden hypothesis, one of several theories advanced to explain … increasing team sizes in science. For identification, we exploit the collapse of the USSR as an exogenous shock to the knowledge … frontier causing a sudden release of previously hidden research. We report evidence that team size increased disproportionately …
Persistent link: https://www.econbiz.de/10012458968
and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research … governance project. Each of the papers represents state-of-the-art research in an important area of corporate governance research …
Persistent link: https://www.econbiz.de/10012463112
Managerial know-how shapes the productivity of firms by defining the set of available technologies, production choices, and market opportunities. This know-how can be reallocated across countries as managers acquire control of factors of production abroad. In this paper, we construct a...
Persistent link: https://www.econbiz.de/10012465581
Using dissertation research topics found in the EconLit database and large-scale algorithmic methods that identify … author demographics based on names, we explore the link between race and ethnicity and fields of economic research. We find …
Persistent link: https://www.econbiz.de/10014544716
Using the EconLit dissertation database and large-scale algorithmic methods that identify author demographics from names, we investigate the connection between the gender of economics dissertators and dissertation topics. Despite stagnation in the share of women among economics Ph.D.s in recent...
Persistent link: https://www.econbiz.de/10014544721
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
This paper assesses the prospects of a 2021 time bomb in SME failures triggered by the generous support policies enacted during the 2020 COVID-19 crisis. Policies implemented in 2020, on their own, do not create a 2021 "time-bomb" for SMEs. Rather, business failures and policy costs remain...
Persistent link: https://www.econbiz.de/10012482634
Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering export markets. Although this mechanism is often mentioned in policy documents, a significant share of econometric studies has not found evidence for this hypothesis. This paper...
Persistent link: https://www.econbiz.de/10012462109
In a model that is consistent with the existence of a home bias and with foreign investors that are less informed than domestic investors, we show that unexpectedly high worldwide returns lead to net equity inflows into small countries. In addition, a small country experiences net equity inflows...
Persistent link: https://www.econbiz.de/10012469714
In this paper, we propose an extension of the productivity decomposition method developed by Olley & Pakes (1996). This extension provides an accounting for the contributions of both firm entry and exit to aggregate productivity changes. It breaks down the contribution of surviving firms into a...
Persistent link: https://www.econbiz.de/10012460478