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Management practices: Are not for profits different?

Delfgaauw, Josse; Dur, Robert; Propper, Carol; Smith, … - C.E.P.R. Discussion Papers - 2011

Recent studies have demonstrated the importance of good management for firm performance. Here, we focus on management in not-for-profits (NFPs). We present a model predicting that management quality will be lower in NFPs compared to for-profits (FPs), but that outputs may not be worse if...

Persistent link: https://www.econbiz.de/10009207527

Sudden Deaths: Taking Stock of Political Connections

Faccio, Mara; Parsley, David - C.E.P.R. Discussion Papers - 2006

Many firms voluntarily incur the costs of attempting to influence politicians. However, estimates of the value of political connections have been made in only a few cases. We propose a new approach to valuing political ties that builds on these previous studies. We consider connected to a...

Persistent link: https://www.econbiz.de/10005114293

Now-casting and the real-time data flow

Banbura, Marta; Giannone, Domenico; Modugno, Michele; … - C.E.P.R. Discussion Papers - 2012

The term now-casting is a contraction for now and forecasting and has been used for a long-time in meteorology and recently also in economics In this paper we survey recent developments on economic now-casting with special focus on those models that formalize key features of how market...

Persistent link: https://www.econbiz.de/10011084671

Fiscal Policy and the Current Account

Ali Abbas, S.M.; Bouhga-Hagbe, Jacques; Fatás, Antonio; … - C.E.P.R. Discussion Papers - 2010

improvement of 0.2–0.3 percentage point of GDP. This association is as strong in emerging and low-income countries as it is in …

Persistent link: https://www.econbiz.de/10008468562

An Area-Wide Real-Time Database for the Euro Area

Giannone, Domenico; Henry, Jérôme; Lalik, Magdalena; … - C.E.P.R. Discussion Papers - 2010

This paper describes how we constructed a real-time database for the euro area covering more than 200 series regularly published in the European Central Bank Monthly Bulletin, as made available ahead of publication to the Governing Council members before their first meeting of the month. We...

Persistent link: https://www.econbiz.de/10008468678

Gender, Poverty and the Intra-household Distribution of Resources

Findlay, Ronald; Wright, Robert E - C.E.P.R. Discussion Papers - 1994

couples with children. Data from two countries participating in the Luxembourg Income Study -- Italy and the United States …

Persistent link: https://www.econbiz.de/10005504217

The Distributional Consequences of Russia's Transition

Doyle, Christopher - C.E.P.R. Discussion Papers - 1993

the population have gained under the reforms, average real household per capita income has declined significantly with … households at the lower end of the income distribution suffering the greatest fall. Consequently there has been a substantial … rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …

Persistent link: https://www.econbiz.de/10005498039

Tackling Social Exclusion: Evidence from Chile

Carneiro, Pedro; Galasso, Emanuela; Ginja, Rita - C.E.P.R. Discussion Papers - 2014

design, exploring the fact that program eligibility is a discontinuous function of an index of family income and assets. We …

Persistent link: https://www.econbiz.de/10011083507

A Cautionary Note on Using Industry Affiliation to Predict Income

Pischke, Jörn-Steffen; Schwandt, Hannes - C.E.P.R. Discussion Papers - 2012

Many literatures investigate the causal impact of income on economic outcomes, for example in the context of … industry affiliation as an instrument for income. We demonstrate that industry affiliation is correlated with fixed individual …

Persistent link: https://www.econbiz.de/10011083623

The New Stylized Facts About Income and Subjective Well-Being

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2013

their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that … only income relative to others was related to well-being. In this paper, we review the evidence to assess the importance of … absolute and relative income in determining well-being. Our research suggests that absolute income plays a major role in …

Persistent link: https://www.econbiz.de/10011083711