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Subsidizing Fuel Efficient Cars : Evidence from China's Automobile Industry

Chen, Chia-Wen - 2017

behavior to China's largest national subsidy program for fuel efficient vehicles during 2010 and 2011. Using variation from the … subsidy on sales of fuel efficient vehicles was smaller in areas where consumers were more likely to purchase fuel inefficient …

Persistent link: https://www.econbiz.de/10012455635

Breaking the Spell with Credit-Easing : Self-Confirming Credit Crises in Competitive Search Economies

Gaballo, Gaetano - 2016

find it optimal to implement a targeted subsidy to induce low interest rates and, as a by-product, generate new information …

Persistent link: https://www.econbiz.de/10012456667

Cash for Corollas : When Stimulus Reduces Spending

Hoekstra, Mark - 2014

The 2009 Cash for Clunkers program aimed to stimulate consumer spending in the new automobile industry, which was experiencing disproportionate reductions in demand and employment during the Great Recession. Exploiting program eligibility criteria in a regression discontinuity design, we show...

Persistent link: https://www.econbiz.de/10012458318

The 2021 Paycheck Protection Program Reboot : Loan Disbursement to Employer and Nonemployer Businesses in Minority Communities

Fairlie, Robert W.; Fossen, Frank M. - National Bureau of Economic Research - 2022

Was the $278 billion reboot of the $800 billion Paycheck Protection Program (PPP) in early 2021 disbursed equitably to minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the third and final round of the program, which was...

Persistent link: https://www.econbiz.de/10012938701

Racial Disparities in the Paycheck Protection Program

Chernenko, Sergey; Scharfstein, David - National Bureau of Economic Research - 2022

Using a large sample of Florida restaurants, we document significant racial disparities in borrowing through the Paycheck Protection Program (PPP) and investigate the causes of these disparities. Black-owned restaurants are 25% less likely to receive PPP loans. Restaurant location explains 5...

Persistent link: https://www.econbiz.de/10012938717

Stock Market Stimulus

Greenwood, Robin; Laarits, Toomas; Wurgler, Jeffrey - National Bureau of Economic Research - 2022

We study the stock market effects of the arrival of the three rounds of "stimulus checks" to U.S. taxpayers and the single round of direct payments to Hong Kong citizens. The first two rounds of U.S. checks appear to have increased retail buying and share prices of retail-dominated portfolios....

Persistent link: https://www.econbiz.de/10013172127

Were Federal COVID Relief Funds for Schools Enough?

Gordon, Nora; Reber, Sarah J. - National Bureau of Economic Research - 2021

Congress responded to the COVID pandemic's disruptions to instruction with unprecedented federal aid for school districts. While this relief has been widely characterized as a major windfall for K-12 education, per-pupil amounts vary considerably across districts, as will the costs districts...

Persistent link: https://www.econbiz.de/10012696379

The Responsiveness of Medicaid Spending to the Federal Subsidy

Bundorf, M. Kate; Kessler, Daniel P. - National Bureau of Economic Research - 2021

this type in the U.S. We find that Medicaid spending per enrollee responds to the magnitude of the federal subsidy. The … their Medicaid programs in exchange for increases in the generosity of the federal subsidy. States that exercised this … the after-subsidy price of Medicaid to a state of -0.494 to -0.579 …

Persistent link: https://www.econbiz.de/10012696401

Minority Self-Employment in the United States and the Impact of Affirmative Action Programs

Blanchflower, David G. - 2008

n this paper I examine changes in self-employment that have occurred since the early 1980s in the United States. It is a companion paper to a recent equivalent paper that related to the UK. Data on random samples of approximately twenty million US workers are examined taken from the Basic...

Persistent link: https://www.econbiz.de/10012464674

How to Restructure Failed Banking Systems : Lessons from the U.S. in the 1930's and Japan in the 1990's

Calomiris, Charles - 2003

The costs of government assistance to banks depend on the way rescues are managed. The cnetral questions of policy reference do not revolve around whether to bail out banks, but rather around the choice of which banks to rescue and the means for doing so. If a rescue is handled skillfully, the...

Persistent link: https://www.econbiz.de/10012469074

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