The auto industry is an international oligopoly that has a long tradition of influencing trade negotiations and national policies. Due to the industry's size and production linkages, the investment decisions made by the assembly firms often generate economic consequences that can be easily...

This paper investigates whether monetary and exchange rate policies are important for the success of major fiscal adjustments. We assess their role controlling for other determinants of success identified in the literature, including the size and composition of the deficit cut, the level of...

This paper characterizes monetary and exchange-rate policies during successful and unsuccessful fiscal adjustments by analyzing the OECD economies over the period 1970 to 1998. We find that successful adjustments are almost always preceded by large nominal and real exchange rate depreciations...

Exposure to pesticides is among the most far-reaching threats to raptors, but comprehensive analyses of the timing, spatial trends, species affected, and pesticides involved is lacking. Such knowledge is critical to target conservation action.We collated data on raptor poisoning across 22...

This paper analyses the impact of European Union (EU) funds on the performance of private firms. In particular, we examine a quasi-natural experiment consisting of a redrawing of administrative areas that expanded regional eligibility and led to a sudden increase in accessibility to EU grants...

Expanding regional eligibility in the access to grants can have important consequences for the performance of firms. We examine a quasi-natural experiment that consisted of a redrawing of administrative areas intended to increase accessibility to European Union (EU) funds using a rich...