In this paper we investigate the effect of Donald Trump’s campaign for coal in his successful race for the White House in 2016. Using a spatial Durbin model we estimate the effect of coal production on the Republicans vote share in the US Presidential Election of 2016 on the county level. To...

The use of debt for financing new companies comes with screening and monitoring by lenders that help focusing on achieving long-term growth. Debt-induced governance further brings entrepreneurs to pursue growth opportunities. By contrast, as more debt is used and leverage increases,...

In this paper, we investigate the effect of Donald Trump's campaign for coal during his successful race for the White House in 2016. We use a twofold empirical strategy. First, we estimate an event study model to show the change in Republican Party shares in coal counties in 2016 relative to...

Using a novel country-industry level panel database with information on newly incorporated firms in 17 European countries between 1997 and 2004, we study how taxation of corporate income affects the size of entrants at the country-industry level. Our results, that are robust to changes in...

Can tax policy foster the creation of new companies? To answer this question, we assemble a novel country-industry level panel database with data on entry (by incorporation) for 17 European countries between 1997 and 2004. Our analysis is based on recent models of how corporate taxation affects...

<i> La riforma del trasporto pubblico locale. Il caso del Piemonte</i> (di Graziella Fornengo, Elisabetta Ottoz) - ABSTRACT: The paper analyses, for the period 1998-2002, the effects of the reform of local public transit in Piedmont on the structure and efficiency of the regional bus transport...

The aim of this note is to study the optimal licensing of a non drastic cost reducing patented innovation, if the patent holder facing spillover is not only concerned with the optimal number of licenses, but also with their time distrbution. A simple three agents model, a patentee and two...