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Credit Supply Shocks and Firm Dynamics : Evidence from Brazil
Bazzi, Samuel; Muendler, Marc-Andreas; Oliveira, Raquel F. - National Bureau of Economic Research - 2023
growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit … constraints can induce more entry of firms with greater long-run growth potential than the easing of conventional entry barriers … firms, which enter at larger size, survive longer, and grow faster. These firm dynamics are more pronounced in areas with …
Persistent link: https://www.econbiz.de/10014372477
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Industrial Organization and The Rise of Market Power
Miller, Nathan H. - National Bureau of Economic Research - 2024
This article addresses developments in the literature on The Rise of Market Power. First, it summarizes research about the result of De Loecker 2020 that the sales-weighted average markup has increased in the United States. Second, it summarizes and evaluates a set of industry studies that...
Persistent link: https://www.econbiz.de/10014576656
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Trading Places : Mobility Responses of Native and Foreign-Born Adults to the China Trade Shock
Autor, David H.; Dorn, David; Hanson, Gordon H. - National Bureau of Economic Research - 2023
immigration may have played in enabling U.S. commuting zones to respond to manufacturing job loss caused by import competition …. Because most U.S. immigrants arrived in the country after manufacturing regions were already mature, few took up jobs in …
Persistent link: https://www.econbiz.de/10013537796
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Cognitive Behavior Therapy Reduces Crime and Violence over 10 Years : Experimental Evidence
Blattman, Christopher; Chaskel, Sebastian; Jamison, … - National Bureau of Economic Research - 2022
In most societies, a small number of people commit the most serious violence. Short-term studies have shown that cognitive behavioral therapy (CBT) can reduce such antisocial behaviors. These behavior changes may be temporary, however, especially from therapy on its own. This is unsettled,...
Persistent link: https://www.econbiz.de/10013210077
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How Does Expropriation Risk Affect Innovation?
Benavente H., José Miguel; Bravo Ortega, Claudio; … - National Bureau of Economic Research - 2024
We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative sector, building on Romer's(1990) model. Our framework predicts the R&D expenditure, the share of human capital in R&D, the number of patents, technical progress, and economic growth...
Persistent link: https://www.econbiz.de/10014512142
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Investing with the Government : A Field Experiment in China
Colonnelli, Emanuele; Li, Bo; Liu, Ernest - National Bureau of Economic Research - 2022
survey both sides of the market: the capital investors and the private firms managing the invested capital by deploying it to … of having the government as an investor. We show that such dislike is not present with government-owned firms, and this … dislike is highest with best-performing firms. Additional results and follow-up surveys suggest political interference in …
Persistent link: https://www.econbiz.de/10013334380
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War Does not Foster Cooperation when Neoclassical Mechanisms are Absent! Evidence from a Natural Experiment among Turkish Conscripts
Kıbrıs, Arzu; Cesur, Resul - National Bureau of Economic Research - 2022
Exploiting a natural experiment and an innovative survey design, we study the social and political legacies of armed conflict exposure (ACE) among Turkish conscripts. Our empirical framework identifies the causal impact and the mediating pathways for the average male randomly picked from the...
Persistent link: https://www.econbiz.de/10013462722
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Declining Clientelism of Welfare Benefits? Targeting and Political Competition based Evidence from an Indian state
Maitra, Pushkar; Mitra, Sandip; Mookherjee, Dilip; … - National Bureau of Economic Research - 2024
It has been argued that since 2014, under the BJP-led central government, welfare benefits in India have become better targeted and less prone to clientelistic control by state and local governments. Arguably this has helped to increase the vote share of the BJP vis-a-vis regional parties. We...
Persistent link: https://www.econbiz.de/10014486248
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Value Chain Microfinance
Casaburi, Lorenzo; Willis, Jack - National Bureau of Economic Research - 2024
We study the provision of financial services to small firms, consumers, and workers in developing countries as part of …
Persistent link: https://www.econbiz.de/10014468284
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Informal Fiscal Systems in Developing Countries
Aman-Rana, Shan; Minaudier, Clement; Sukhtankar, Sandip - National Bureau of Economic Research - 2023
Governments in developing countries have low fiscal capacity yet face pressures to provide public goods and services, leading them to rely on various unusual fiscal arrangements. We document one such - hitherto unexplored - arrangement: informal fiscal systems that rely on local bureaucrats to...
Persistent link: https://www.econbiz.de/10014421219