Showing 1 - 10 of 39
We empirically examine how import competition affects sentiment toward China in local communities in the United States using a news-based index for sentiment. Results are threefold. First, U.S. sentiment toward China peaked in 2007 before turning negative. Second, communities more exposed to...
Persistent link: https://www.econbiz.de/10014534312
interact with fragmentation in determining government size. The empirical study of the role of fragmented governments for …
Persistent link: https://www.econbiz.de/10010261274
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...
Persistent link: https://www.econbiz.de/10010276225
We investigate the relation between Net Neutrality regulation and Internet fragmentation. We model a two-sided market … strategically set termination fees to induce fragmentation. This takes place when advertising revenues are potentially large but … identify an important link between termination fees, the online advertising market and Internet fragmentation. We extend the …
Persistent link: https://www.econbiz.de/10011307134
tested hypotheses. They also reveal persistent fragmentation between EMU core and periphery banking systems caused by a …
Persistent link: https://www.econbiz.de/10012018223
The structure of a multinational firm, that is how its affiliates relate to one another, is critical for understanding where multinationals locate, how policy affects them, and their resilience to localized shocks. Here, we review the two main structures: horizontal investments which replicate...
Persistent link: https://www.econbiz.de/10012207915
This paper studies how political fragmentation affects government stability. We show that each additional party with … fragmentation in parliaments worldwide may have a substantial impact on stability and political selection. …
Persistent link: https://www.econbiz.de/10012207969
The comparative advantage of many cities is based on their efficiency in the production of ‘functions’, e.g., business services such as finance, law, engineering, or similar functions that are used by firms in a wide range of sectors. Firms that use these functions may choose to source them...
Persistent link: https://www.econbiz.de/10012492983
We collect, digitize, and supplement the Swiss rich list for the years 1989–2020 published in the "BILANZ" business magazine to gain new insights on the structure and dynamics of top wealth in Switzerland. Using this data allows us study the super-rich in Switzerland in ways that were not...
Persistent link: https://www.econbiz.de/10013353390
The effect of a permanent change of inflation on the distribution of wealth is analyzed in a general equilibrium OLG model that is calibrated with regard to the characteristics of the US economy. Poor agents accumulate savings predominantly in the form of money, while rich agents participate in...
Persistent link: https://www.econbiz.de/10010315656