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The Financing of Industry, 1970-89: An International Comparison

Corbett, Jennifer; Jenkinson, Tim - C.E.P.R. Discussion Papers - 1994

The main aims of this paper are, first, to construct a consistent comparative set of data on the sources of finance for investment over the period 1970--89 for Germany, Japan, the United Kingdom and the United States and second, to challenge some conventional views of the international...

Persistent link: https://www.econbiz.de/10005656452

Minimum Wages and Employment in France and the United States

Abowd, John M; Kramarz, Francis; Margolis, David N - C.E.P.R. Discussion Papers - 1999

We use longitudinal individual wage and employment data in France and the United States to investigate the effect of intertemporal changes in an individual's status vis-à-vis the real minimum wage on employment transition rates. We find that movements in both French and American real minimum...

Persistent link: https://www.econbiz.de/10005662257

International Evidence on the Determinants of Saving

Bayoumi, Tamim; Masson, Paul R; Samiei, Hossein - C.E.P.R. Discussion Papers - 1996

A broad set of possible determinants of private saving behaviour is examined, using data for a large sample of industrial and developing countries. Both time-series and cross-section estimates are obtained. Results suggest that there is a partial offset on private saving of changes in public...

Persistent link: https://www.econbiz.de/10005792506

Wealth inequality and household structure: US vs. Spain

Bover, Olympia - C.E.P.R. Discussion Papers - 2008

We study the link between culturally inherited household structure and wealth distribution in international comparisons using household data for the US and Spain (the SCF and the EFF). We estimate counterfactual US distributions relying on the Spanish household structure. Our results show that...

Persistent link: https://www.econbiz.de/10005136407

Older and Wiser? Birth Order and IQ of Young Men

Black, Sandra; Devereux, Paul J.; Salvanes, Kjell G - C.E.P.R. Discussion Papers - 2007

While recent research finds strong evidence that birth order affects children’s outcomes such as education and earnings, the evidence on the effects of birth order on IQ is decidedly mixed. This paper uses a large dataset on the population of Norway that allows us to precisely measure birth...

Persistent link: https://www.econbiz.de/10005497911

Cognitive Ability and Paternalism

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2002

sufficient intelligence by people with limited intelligence may dominate government regulation. …

Persistent link: https://www.econbiz.de/10005662402

Small Family, Smart Family? Family Size and the IQ Scores of Young Men

Black, Sandra; Devereux, Paul J.; Salvanes, Kjell G - C.E.P.R. Discussion Papers - 2007

How do families influence the ability of children? Cognitive skills have been shown to be a strong predictor of educational attainment and future labor market success; as a result, understanding the determinants of cognitive skills can lead to a better understanding of children’s long run...

Persistent link: https://www.econbiz.de/10005789041

IQ, Social Mobility and Growth

Hassler, John; Mora, Rodríguez; Vicente, José - C.E.P.R. Discussion Papers - 1998

depends on the relative award the market assigns to intelligence versus other individual merits, which will also influence … equilibrium in the labour market implies that the reward to entrepreneurs depends more on social assets than on intelligence. This …

Persistent link: https://www.econbiz.de/10005124419

Defense R&D in the Anti-Terrorist Era

Trajtenberg, Manuel - C.E.P.R. Discussion Papers - 2004

prominently, commanding 30% of current defense R&D spending, versus just about 13% for intelligence and anti-terrorism. The second … security. Intelligence emerges as the key aspect of the war against terrorism and, accordingly, R&D aimed at providing advanced … technological means for intelligence is viewed as the cornerstone of defense R&D. This entails developing computerized sensory …

Persistent link: https://www.econbiz.de/10005136658

Adjustment to Target Capital, Finance and Growth

Ciccone, Antonio; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2006

Does financial development result in capital being reallocated more rapidly to industries where it is most productive? We argue that if this was the case, financially developed countries should see faster growth in industries with investment opportunities due to global demand and productivity...

Persistent link: https://www.econbiz.de/10005504771