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High-Skilled Migration and Agglomeration

Pekkala Kerr, Sari - 2017

This paper reviews recent research regarding high-skilled migration. We adopt a data-driven perspective, bringing together and describing several ongoing research streams that range from the construction of global migration databases, to the legal codification of national policies regarding...

Persistent link: https://www.econbiz.de/10012964619

Global Talent Flows

Pekkala Kerr, Sari - 2017

The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape...

Persistent link: https://www.econbiz.de/10012965941

International R&D Spillovers and Marginal Social Returns on R&D

Ogawa, Kazuo - 2017

We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We divide the aggregate R&D stock by the business, government and education sectors and examine the impact on Total Factor Productivity. We endogenize the accrual of the R&D...

Persistent link: https://www.econbiz.de/10012964191

Firms and Collective Reputation : A Study of the Volkswagen Emissions Scandal

Bachmann, Ruediger - 2019

This paper uses the 2015 Volkswagen emissions scandal as a natural experiment to provide causal evidence that group reputation externalities matter for firms. We find that the Volkswagen scandal reduced the U.S. sales of the other German auto manufacturers—BMW, Mercedes- Benz, and Smart—by...

Persistent link: https://www.econbiz.de/10012900000

How do Electoral Systems Affect Fiscal Policy? Evidence from State and Local Governments, 1890 to 2005

Funk, Patricia; Gathmann, Christina - CESifo - 2010

Using a new data set on Swiss state and local governments from 1890 to today, we analyze how the adoption of proportional representation affects fiscal policy. We show that proportional systems shift spending toward broad goods (e.g. education and welfare benefits) but decrease spending on...

Persistent link: https://www.econbiz.de/10008534018

How Do Electoral Systems Affect Fiscal Policy? Evidence from State and Local Governments, 1890 to 2005

Funk, Patricia - 2010

Persistent link: https://www.econbiz.de/10013147419

Was Germany ever United? Evidence from Intra- and International Trade 1885-1933

Wolf, Nikolaus - 2013

When did Germany become economically integrated? Within the framework of a gravity model, based on a new data set of … about 40,000 observations on trade flows within and across the borders of Germany over the period 1885 - 1933, I explore the … internal fragmentation resulted from cultural heterogeneity, from administrative borders within Germany, and from geographical …

Persistent link: https://www.econbiz.de/10012753424

Formal and Informal Risk Sharing in LDCs: Theory and Empirical Evidence

Dubois, Pierre; Jullien, Bruno; Magnac, Thierry - CESifo - 2008

We develop and estimate a model of dynamic interactions in which commitment is limited and contracts are incomplete to explain the patterns of income and consumption growth in village economies of less developed countries. Households can insure each other through both formal contracts and...

Persistent link: https://www.econbiz.de/10005405774

The Limits of Trust in Economic Transactions - Investigations of Perfect Reputation Systems

Bolton, Gary E.; Ockenfels, Axel - CESifo - 2008

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Persistent link: https://www.econbiz.de/10005405818

A Look Upstream: Electricity Market Restructuring, Risk, Procurement Contracts and Efficiency

Maria, Corrado Di; Lange, Ian A.; Lazarova, Emiliya - CESifo - 2014

This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated firms respond to this increase in uncertainty by...

Persistent link: https://www.econbiz.de/10011099762