Showing 1 - 10 of 307
We study carbon border adjustment mechanism (CBAM) policies, as currently being implemented by the EU and UK. Policy discussions have cited three motivations and one concern. CBAMs can improve domestic competitiveness in regulated markets, reduce emissions leakage to unregulated markets, and...
Persistent link: https://www.econbiz.de/10015398174
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry of...
Persistent link: https://www.econbiz.de/10013477221
value-for-money for projects funded by national governments and foreign aid donors. This paper uses policy and experimental …
Persistent link: https://www.econbiz.de/10014226145
Relational contracts - informal self-enforcing agreements sustained by repeated interactions - are ubiquitous both within and across organizational boundaries. This review highlights recent empirical contributions in selected areas. We begin by reviewing some recent work that explicitly takes...
Persistent link: https://www.econbiz.de/10014226175
Congress received substantially more fiscal assistance than did relatively underrepresented states. We find that the aid driven … by excess representation had substantial impacts on population health. For each $1,000 increase in federal fiscal aid per … aid, which corresponds with our in-sample variation, generated $591 billion in value through life years saved. Additional …
Persistent link: https://www.econbiz.de/10015398151
We study a unique quasi-experiment in Austria, where compulsory voting laws are changed across Austria's nine states at different times. Analyzing state and national elections from 1949-2010, we show that compulsory voting laws with weakly enforced fines increase turnout by roughly 10 percentage...
Persistent link: https://www.econbiz.de/10012456454
The New Deal during the 1930s was arguably the largest peace-time expansion in federal government activity in American history. Until recently there had been very little quantitative testing of the microeconomic impact of the wide variety of New Deal programs. Over the past decade scholars have...
Persistent link: https://www.econbiz.de/10012456747
limits also reduce distortions, but come at the cost of more corruption, which makes it a welfare-reducing policy …
Persistent link: https://www.econbiz.de/10012456813
We use Bayesian prior and posterior analysis of a monetary DSGE model, extended to include fiscal details and two distinct monetary-fiscal policy regimes, to quantify government spending multipliers in U.S. data. The combination of model specification, observable data, and relatively diffuse...
Persistent link: https://www.econbiz.de/10012457235
We show that a fiscal expansion by the core economies of the euro area would have a large and positive impact on periphery GDP assuming that policy rates remain low for a prolonged period. Under our preferred model specification, an expansion of core government spending equal to one percent of...
Persistent link: https://www.econbiz.de/10012457242