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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

Exporting and Performance of Plants : Evidence from Korean Manufacturing

Hahn, Chin Hee - 2004

This study examines the relationship between exporting and various performance measures including total factor productivity, using the annual plant-level panel data on Korean manufacturing sector during the period of 1990 to 1998. The two key questions examined are whether exporting improves...

Persistent link: https://www.econbiz.de/10012468486

An Exploration of Luxury Hotels in Tanzania

Comin, Diego A. - 2012

Tourism is a tradable service activity that could allow some African countries to generate significant growth. Tanzania …, Tanzania receives very few tourists and revenues from tourism. To explore the determinants of this performance, I conduct an …

Persistent link: https://www.econbiz.de/10012460756

Unintended Consequences from Nested State & Federal Regulations : The Case of the Pavley Greenhouse-Gas-per-Mile Limits

Goulder, Lawrence H. - 2009

Fourteen U.S. states recently pledged to adopt limits on greenhouse gases (GHGs) per mile of light-duty automobiles. Previous analyses predicted this action would significantly reduce emissions from new cars in these states, but ignored possible offsetting emissions increases from policy-induced...

Persistent link: https://www.econbiz.de/10012463313

Fluctuations in Overseas Travel by Americans, 1820 to 2000

Dupont, Brandon - 2009

There were substantial fluctuations in the numbers of American overseas travelers, especially before World War II. These fluctuations in travel around the robust, long term upward trend are the focus of this paper. We first identify those fluctuations in the raw data and then try to explain the...

Persistent link: https://www.econbiz.de/10012463801

The American Invasion of Europe : The Long Term Rise in Overseas Travel, 1820-2000

Dupont, Brandon - 2008

Tourism today is an activity of substantial economic importance worldwide, and has been for some time. Tourism is also …'s establishing special accounts on travel and tourism. In this paper we investigate the long term rise in overseas travel by … as mass tourism. We document this rise by compiling a long term series on overseas travel, and describe the changes in …

Persistent link: https://www.econbiz.de/10012464669

Why Do Europeans Smoke More than Americans?

Cutler, David M. - 2006

While Americans are less healthy than Europeans along some dimensions (like obesity), Americans are significantly less likely to smoke than their European counterparts. This difference emerged in the 1970s and it is biggest among the most educated. The puzzle becomes larger once we account for...

Persistent link: https://www.econbiz.de/10012466545

Work and Leisure in the U.S. and Europe : Why So Different?

Alesina, Alberto - 2005

Americans average 25.1 working hours per person in working age per week, but the Germans average 18.6 hours. The average American works 46.2 weeks per year, while the French average 40 weeks per year. Why do western Europeans work so much less than Americans? Recent work argues that these...

Persistent link: https://www.econbiz.de/10012467406

Long Workweeks and Strange Hours

Hamermesh, Daniel S. - 2014

American workweeks are long compared to other rich countries'. Much less well-known is that Americans are more likely to work at night and on weekends. We examine the relationship between these two phenomena using the American Time Use Survey and time-diary data from 5 other countries. Adjusting...

Persistent link: https://www.econbiz.de/10012458219

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