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Creative destruction and productive preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2013

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

Persistent link: https://www.econbiz.de/10010291511

Fairlie, Robert W.; Lofstrom, Magnus - 2015

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This … attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … fundamental immigrant entrepreneurship issues as well as the empirical methods and data used. The main themes we address are …

Persistent link: https://www.econbiz.de/10010531772

Does Emigration Drain Entrepreneurs?

Anelli, Massimo; Basso, Gætano; Ippedico, Giuseppe; … - 2020

Emigration of young, motivated individuals may deprive countries-of-origin of entrepreneurs. We isolate exogenous variation in a large emigration wave from Italy between 2008 and 2015 by interacting diaspora networks with economic pull factors in destination countries, and find that larger...

Persistent link: https://www.econbiz.de/10012269458

The Efficiency and Equity of the Tax and Transfer System in France

Egert, Balazs - 2013

Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at...

Persistent link: https://www.econbiz.de/10010293921

Tax System Design, Tax Reform, and Labor Supply

Pfeil, Katharina; Kasper, Matthias; Necker, Sarah; … - 2024

This study examines how tax system design and reform affect labor supply. We conduct an online experiment with 522 participants to assess labor responses to tax reforms that introduce or remove a notch, affecting after-tax income at either the lower or upper end of the income distribution. Our...

Persistent link: https://www.econbiz.de/10015097000

Credit Supply Shocks and Firm Dynamics: Evidence from Brazil

Bazzi, Samuel; Muendler, Marc-Andreas; Oliveira, Raquel F. - 2023

We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...

Persistent link: https://www.econbiz.de/10014469828

Cousins from Overseas: The Labour Market Impact of a Major Forced Return Migration Shock

Bohnet, Lara; Peralta, Susana; dos Santos, João Pereira - 2022

We study the labour market impact of a major shock of return migration, following the end of the Portuguese Colonial War in 1974. The retornados influx is unique because of its size (half a million people in a country of nine million), and similarity with the native population (almost 80% of the...

Persistent link: https://www.econbiz.de/10013427757

Simply a Matter of Luck & Looks? Predicting Elections when Both the World Economy and the Psychology of Faces Count

Garretsen, Harry; Stoker, Janka I.; Alessie, Rob; … - 2014

Economic research shows that candidates have a higher chance of getting (re-)elected when they have the luck that the world economy does well even though this is beyond their control and unrelated to their competence. Psychological research demonstrates that candidates increase their chances if...

Persistent link: https://www.econbiz.de/10010398670

Resource Windfalls, Macroeconmic Stability and Growth: The Role of Political Institutions

Arezki, Rabah; Hamilton, Kirk; Kazimov, Kazim - 2011

We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...

Persistent link: https://www.econbiz.de/10010280640

The Impact of Product and Labour Market Reform on Growth : Evidence for OECD Countries Based on Local Projections

de Haan, Jakob - 2020

This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...

Persistent link: https://www.econbiz.de/10012829322