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Intracompany Governance and Innovation
Belenzon, Sharon - 2009
This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and …: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is … countries, where business groups tend to be concentrated in industries with a slower and more fundamental innovation cycle and …
Persistent link: https://www.econbiz.de/10012463346
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Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity
Bloom, Nicholas - 2011
effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …
Persistent link: https://www.econbiz.de/10012461940
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Can Severe Fiscal Contractions be Expansionary? Tales of Two Small European Countries
Giavazzi, Francesco - 1990
According to conventional wisdom, a fiscal consolidation is likely to contract real aggregate demand. It has often been argued, however, that this conclusion is misleading as it neglects the role of expectations of future policy: if the fiscal consolidation is read by the private sector as a...
Persistent link: https://www.econbiz.de/10012475661
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The Euromarkets after 1992
Levich, Richard M. - 1989
variation in these factors across Europe. Competitive pressures should lead to a convergence of regulation, but national …
Persistent link: https://www.econbiz.de/10012476045
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Seigniorage in Europe
Grilli, Vittorio U. - 1988
In this paper, based on the experience of ten European countries, we study the relevance of seigniorage revenues in the recent past, and we speculate about their importance in the near future. We find that the members of the European community differ widely in the way they manage monetary...
Persistent link: https://www.econbiz.de/10012476282
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Monetary Policy and Performance in the U.S., Japan and Europe, 1973-86
Fischer, Stanley - 1987
Monetary policies in the U.S., Japan, Germany and the United Kingdom over the period 1973-1986 are compared and evaluated, with the aim of drawing lessons for monetary policy from the recent historical record. All four countries shifted during this period to money targeting, though with...
Persistent link: https://www.econbiz.de/10012476592
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The International Linkage of Real Interest Rates : The European - U.S. Connection
Cumby, Robert E. - 1984
rates has been widespread in the analyses by economic policymakers both in Europe and in the United States. In this paper we … been raised by the recent policy debates in Europe and the United States: Have ex ante real rates in the United States and … Europe been high during recent years? Has there been a link between U.S. real rates and those in other countries? Can this …
Persistent link: https://www.econbiz.de/10012477666
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Patents as Options : Some Estimates of the Value of Holding European Patent Stocks
Pakes, Ariel - 1984
innovation process, the model allows agents to be uncertain about the sequence of returns that will be earned if the patent is …
Persistent link: https://www.econbiz.de/10012477754
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The Heights of Europeans Since 1750 : A New Source For European Economic History
Floud, Roderick - 1984
Economic and social historians have traditionally been concerned to measure changes in the income and welfare of populations in the past.Until recently, however, they have not recognized that anthropometric data, such as evidence on the average height achieved by a population at a particular...
Persistent link: https://www.econbiz.de/10012477779
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Immigration and Preferences for Redistribution in Europe
Alesina, Alberto - 2019
We examine the relationship between immigration and attitudes toward redistribution using a newly assembled data set of immigrant stocks for 140 regions of 16 Western European countries. Exploiting within-country variations in the share of immigrants at the regional level, we find that native...
Persistent link: https://www.econbiz.de/10012479516