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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
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
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
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
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
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 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
Persistent link: https://www.econbiz.de/10004968004
This paper presents an analysis of the Five Economists' plan for a "wage-tax trade-off", combining an EITC program with a freeze on award wage increases, as a policy package for reducing unemployment. The study identifies the changes in effective tax rates implied by the EITC program and shows...
Persistent link: https://www.econbiz.de/10004971406
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