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Reports of the death of U.S. manufacturing have been greatly exaggerated. Since the depth of the manufacturing recession in 2002, the sector as a whole has experienced robust and sustained output, revenue, and profit growth. The year 2006 was a record year for output, revenues, profits, profit...
Persistent link: https://www.econbiz.de/10014221882
This testimony makes three main points. First, inheritances tend to exacerbate existing economic disparities and may be the most important barrier to intergenerational economic mobility. These tendencies are most pronounced at the top of the income distribution. While inherited income is...
Persistent link: https://www.econbiz.de/10014045314
projects and their externalities. We demonstrate our approach for the Mekong River incorporating expert hydrological knowledge …
Persistent link: https://www.econbiz.de/10011556226
formation, and reproductive externalities. -- Altruism ; spite ; externalities ; conformity ; fixation ; signalling …
Persistent link: https://www.econbiz.de/10003811816
exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide … the two typologies of actors. -- Foreign Direct Investments ; Environmental Negative Externalities ; Structural Changes …
Persistent link: https://www.econbiz.de/10008746858
In this paper we argue that authorities aid cooperation by means ofdirect coordination or the enforcement of re-commitment devices suchas contract laws.Credible threats of violence allow this role. In alocal interaction model, an authority forms if mutually connected individuals with sufficient...
Persistent link: https://www.econbiz.de/10011302150
distress ex-post. If fire-sale liquidation imposes negative externalities on their peers, then firms can be collectively better …
Persistent link: https://www.econbiz.de/10013034519
positive externalities. Without subsidization, so the story reads, there would be an underinvestment in higher education. This … paper shortly reviews theoretical arguments as well as empirical evidence on externalities. It is found that evidence on … positive externalities is quite limited. What is more, evidence on negative externalities of higher education has been mainly …
Persistent link: https://www.econbiz.de/10010338372
from millions of digitized books for the USA, UK, Germany, France, Italy and Spain. While existing measures go back at most …
Persistent link: https://www.econbiz.de/10011476047
1997 to compute pairwise coagglomeration measurements for U.S. manufacturing industries. Industry attributes are used to … construct measures of the relevance of each of Marshall's three theories of industry agglomeration to each industry pair: (1 …
Persistent link: https://www.econbiz.de/10003461810