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Gourinchas, Pierre-Olivier - 2020

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

COVID-19 and SMEs : A 2021 "Time Bomb"?

Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - National Bureau of Economic Research - 2021

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

Innovation and Productivity across Four European Countries

Griffith, Rachel - 2006

This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … and the UK using firm-level data from the internationally harmonized Community Innovation Surveys (CIS3). Despite a … still rare. We apply a structural model that describes the link between R&D expenditure, innovation output and productivity …

Persistent link: https://www.econbiz.de/10012465938

Does Innovation Stimulate Employment? A Firm-Level Analysis Using Comparable Micro-Data from Four European Countries

Harrison, Rupert - 2008

innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the …

Persistent link: https://www.econbiz.de/10012464431

Closing the Productivity Gap with the US : Causes and Consequences of the Productivity Program in Western Europe

Giorcelli, Michela - National Bureau of Economic Research - 2023

promoted management training trips for European managers at US firms. Through the analysis of reports compiled by UK, France …, Germany, and Italian participating firms, I first document that these companies claimed between 5 and 10% yearly productivity …

Persistent link: https://www.econbiz.de/10014447280

Who Are the Hand-to-Mouth?

Aguiar, Mark A. - 2020

Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...

Persistent link: https://www.econbiz.de/10012479167

Data Gaps and the Policy Response to the Novel Coronavirus

Stock, James H. - 2020

This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...

Persistent link: https://www.econbiz.de/10012482082

Measuring and Explaining Management Practices Across Firms and Countries

Bloom, Nick - 2006

US, France, Germany and the UK. These measures of managerial practice are strongly associated with firm …

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

Peer Effects in European Primary Schools : Evidence from PIRLS

Ammermueller, Andreas - 2006

We estimate peer effects for fourth graders in six European countries. The identification relies on variation across classes within schools. We argue that classes within primary schools are formed roughly randomly with respect to family background. Similar to previous studies, we find sizeable...

Persistent link: https://www.econbiz.de/10012466488

International Transmission Under Bretton Woods

Stockman, Alan C. - 1992

This paper explores the main channels of international transmission of economic disturbances under the Bretton Woods System and presents evidence on the short-run international transmission of inflation under that system. There appears to have been little short-run international transmission of...

Persistent link: https://www.econbiz.de/10012474846

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