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Access to Banking and Its Value in Developed Countries : Evidence from the U.S. Marijuana Industry
Merz, Markus - 2018
How does access to banking services affect small firms in highly developed countries? We exploit the unique legal situation of the U.S. marijuana industry that benefits from the superior institutional environment in terms of legal protection and the labor market but has no access to bank lending...
Persistent link: https://www.econbiz.de/10012935303
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Immigration, human capital formation and endogenous economic growth
Ehrlich, Isaac; Kim, Jinyoung - 2015
propositions and empirical tests consistent with these trends via a general-equilibrium model of endogenous growth where human … capital, population, income growth and distribution, and migration trends are endogenous. We derive new insights about the … impact of migration on long-term income growth and distribution, and the net benefits to natives in both destination and …
Persistent link: https://www.econbiz.de/10011428114
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Migration and Human Capital Formation : Theory and Evidence from the U.S. High School Movement
Ramcharan, Rodney - 2006
In 1910, 12 percent of American 14-17 year olds were enrolled in high school; by 1930, enrollment had increased to 50 percent; enrollment in Britain was 12 percent in 1950. This paper argues that by increasing the skill premium, the massive inflows of European unskilled immigrants at the turn of...
Persistent link: https://www.econbiz.de/10012782741
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Public Pension Plans and Inflation in the United States and Other Selected Jurisdictions
Brown, Alex; Firzli, M. Nicolas J.; Franzel, Joshua M. - 2022
Public pension funds are, by far, the world's preeminent asset owners, with more than $ 25 trillions in combined assets. The largest pension funds are found in the United States, Canada, Australia, Japan, the Netherlands and the UK ("pension superpowers"). How they are managed, their funding...
Persistent link: https://www.econbiz.de/10014030997
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Credit vs. demand constraints : the determinants of US firm-level investment over the business cycles from 1977 to 2011
Schoder, Christian - 2013
sales growth, Tobin's q, the cash flow-capital ratio and the cost of capital as covariates is fitted by a rolling window … find that the investment effects of the variables capturing the demand-side of the capital market, i.e. sales growth and …
Persistent link: https://www.econbiz.de/10009746995
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Credit vs. demand constraints : the determinants of US firm-level investment over the business cycles from 1977 to 2011
Schoder, Christian - In: The North American journal of economics and finance : a … 26 (2013), pp. 1-27
Persistent link: https://www.econbiz.de/10010364825
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Growth, foreign direct investment and urban concentrations: unbundling spatial lags
Poelhekke, Steven; van der Ploeg, Frederick - 2008
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear … that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we … growth and unbundling spatial lags matters. Robustness is verified by re-estimating our regressions with fixed effects and …
Persistent link: https://www.econbiz.de/10010276225
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Ethnicity and the immigration of highly skilled workers to the United States
Jasso, Guillermina - 2009
proportions in EB-2 and EB-3 sent remittances than in the cohort overall. (6) A little measure of assimilation - using dollars to …
Persistent link: https://www.econbiz.de/10010269358
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The impact of US regional business cycles on remittances to Latin America
Magnusson, Kristin - 2009
The current economic slowdown in the United States and the decline in remittance growth to some Latin American … estimation of these linkages is also shown to matter for gauging the sensitivity of remittances to economic conditions in the … home country, and hence the extent to which remittances might buffer domestic shocks as well as transmitting external ones. …
Persistent link: https://www.econbiz.de/10010281244
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The impact of the 1996 US Immigration Policy Reform (IIRIRA) on Mexican migrants' remittances
Vaira-Lucero, Matias; Nahm, Daehoon; Tani, Massimiliano - 2012
' motivations are not only altruistic but also self-interested. Given that migrants' remittances and their savings are important …
Persistent link: https://www.econbiz.de/10010282214