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Making Subsidies Work : Rules vs. Discretion

Cingano, Federico; Palomba, Filippo; Pinotti, Paolo; … - 2022

We estimate the employment effects of a large program of public investment subsidies that ranked applications on a score reflecting both objective criteria and local politicians' preferences. Leveraging the rationing of funds as an ideal RDD, we characterize the heterogeneity of treatment...

Persistent link: https://www.econbiz.de/10014083777

Direct, Spillover and Welfare Effects of Regional Firm Subsidies

Siegloch, Sebastian; Wehrhöfer, Nils; Etzel, Tobias - 2021

in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1 …

Persistent link: https://www.econbiz.de/10013226788

Subsidizing Firm Entry in Open Economies

Pflüger, Michael - 2009

firms where government subsidizes entry of domestic entrepreneurs. Under autarky the entry subsidy indirectly corrects for …

Persistent link: https://www.econbiz.de/10013155605

Place Based Policies with Unemployment

Kline, Patrick - 2013

in many place based policies. The optimal hiring subsidy is city specific in the sense that it depends upon the local …

Persistent link: https://www.econbiz.de/10013087404

Beyond Additionality : Are Innovation Subsidies Counterproductive?

Catozzella, Alessandra - 2014

simultaneity between subsidy allocation and the qualitative composition of the innovative output, as well as the endogeneity of … the innovation subsidy; far from 'doing better' as a result of government intervention, supported firms appear to exhaust …

Persistent link: https://www.econbiz.de/10013067882

Government Subsidies as a Risk-Sharing Policy Tool in Innovation Investment

Lu, Hao; Fuentes, Claudia de; Milla, Joniada; Ahmadi, Soheil - 2022

Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an overarching theoretical model to explain the conditions under which government subsidies create positive additionalities on private R&D investment. In this paper, we present a...

Persistent link: https://www.econbiz.de/10014241969

How to Deal with Covert Child Labour, and Give Children an Effective Education, in a Poor Developing Country

Cigno, Alessandro - 2011

As credit and insurance markets are imperfect, and given that intra-family transfers, and the way a child uses her time outside school hours, are private information, the second-best policy makes school enrollment compulsory, forces overt child labour below its efficient level (if positive), and...

Persistent link: https://www.econbiz.de/10013126131

Pension Reform and the Efficiency-Equity Trade-Off : Impacts of Removing an Early Retirement Subsidy

Andersen, Asbjørn - 2020

We provide empirical evidence that the removal of work disincentives embedded in retirement earnings tests can increase old-age labor supply considerably, but it does so at the cost of more income inequality. Causal effects are identified based on a reform of the Norwegian early retirement...

Persistent link: https://www.econbiz.de/10012843153

Subsidizing Domestic Services as a Tool to Fight Unemployment : Effectiveness and Hidden Costs

Leduc, Elisabeth - 2020

European countries have increasingly adopted wage subsidies for the sector of domestic services to reduce low-skilled unemployment. Yet, empirical evidence on their effectiveness is scarce. In this paper, we use Belgian administrative data to estimate how participation in the subsidized domestic...

Persistent link: https://www.econbiz.de/10012826750

Allocating Subsidies for Private Investments to Maximize Jobs Impacts

Robalino, David A. - 2020

to (a) estimate the value of the externality and (b) discover the amount of subsidy needed to trigger the private … which selects projects based on the estimated amount of JLEs per dollar of subsidy. The bidding process provides an … incentive to investors to reveal the subsidy needed for a project to become privately viable. We show that the proposed approach …

Persistent link: https://www.econbiz.de/10012831087