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Patents versus subsidies: A laboratory experiment

Darai, Donja; Großer, Jens; Trhal, Nadja - 2009

This paper studies the effects of patents and subsidies on R&D investment decisions. The theoretical framework is a two …-stage game consisting of an investment and a market stage. In equilibrium, both patents and subsidies induce the same amount of R … theoretical predictions. Patents and subsidies increase investment in R&D and the observed amounts of investment in the patent and …

Persistent link: https://www.econbiz.de/10010315562

Cheaper children, more children

Mörk, Eva; Sjögren, Anna; Svaleryd, Helena - 2008

We study the effect of child care costs on the fertility behavior of Swedish women and find that reductions in child care charges influence fertility decisions, even when costs are initially highly subsidized. Exploiting the exogenous variation in child care costs caused by a Swedish child care...

Persistent link: https://www.econbiz.de/10010273939

Aid, Governance, and Private Foreign Investment: Some Puzzling Findings and a Possible Explanation

Harms, Philipp; Lutz, Matthias - 2003

Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...

Persistent link: https://www.econbiz.de/10011430042

Fussing and fuming over Fannie and Freddie: how much smoke, how much fire?

Frame, W. Scott; White, Lawrence J. - 2004

The roles of Fannie Mae and Freddie Mac have become increasingly controversial in the modern world of residential mortgage finance. The authors describe the special features of these two companies and their roles in the mortgage markets and then discuss the controversies that surround the...

Persistent link: https://www.econbiz.de/10010397657

Towards Developing Subsidy Disciplines under GATS

Ahuja, Rajeev - 2005

Persistent link: https://www.econbiz.de/10011807583

The incidence of cash for clunkers: An analysis of the 2009 car scrappage scheme in Germany

Kaul, Ashok; Pfeifer, Gregor; Witte, Stefan - 2012

Governments all over the world have invested tens of billions of dollars in car scrappage programs to fuel the economy in 2009. We investigate the German case using a unique micro transaction dataset covering the years 2007 to 2010. Our focus is on the incidence of the subsidy, i.e., we ask how...

Persistent link: https://www.econbiz.de/10010316840

Hoarding international reserves versus a Pigovian tax-cum-subsidy scheme: Reflections on the deleveraging crisis of 2008-9, and a cost benefit analysis

Aizenman, Joshua - 2010

In this paper we outline a Pigovian tax-cum-subsidy scheme that deals with concerns about the costs and efficacy of hoarding international reserves (IR) as a means of self-insurance against a deleveraging crisis. We overview the degree to which IR provided self-insurance to Emerging Markets...

Persistent link: https://www.econbiz.de/10010287764

Agricultural and Trade Policy Reform and Inequality: The Distributive Effects of Direct Payments to German Farmers under the EU's New Common Agricultural Policy

Witzke, Harald von; Noleppa, Steffen - Universität <Berlin, Humboldt-Universität> / … - 2007

The Common Agricultural Policy (CAP) of the European Union has been in a process of reform since the early 1990s. As a result of reforms, agricultural market regulations have become more liberal and direct payments have been introduced which are to a large extent decoupled from production. In...

Persistent link: https://www.econbiz.de/10009302572

Bank Bailout Menus

Bhattacharya, Sudipto; Nyborg, Kjell G. - Swiss National Centre of Competence in Research North … - 2010

to minimize subsidies to banks' equityholders. When banks do not dier withrespect to the extent of debt overhang, it can … be fully overcome with the minimal amountof subsidies, providing each bank's equity holders no more than their pre …

Persistent link: https://www.econbiz.de/10009305107