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positively to the product market reform in industries of countries where patent rights are strong, not where these are weak. The … positive response to the reform is more pronounced in industries in which innovators rely more on patenting than in other …
Persistent link: https://www.econbiz.de/10013064451
design compares firm cohorts incorporated before the reform and after; in a robustness check we additionally draw on the …
Persistent link: https://www.econbiz.de/10012858402
predicts that the portability reform will increase internal plan switching. However, under plausible assumptions, it will not … increase external insurer switching. Moreover, the portability reform will enable unhealthier enrollees to reoptimize their …
Persistent link: https://www.econbiz.de/10012954932
Available studies on asymmetries in the monetary transmission mechanism within Europe are invariably based on macro-economic evidence: such evidence is abundant but often contradictory. This paper takes a different route by using micro-economic data. We use the information contained in the...
Persistent link: https://www.econbiz.de/10013235277
We study the effect of welfare reform, broadly defined to include social policy changes in the 1990s, on the material … well-being and expenditure patterns of poor single-mother families. Our research suggests that welfare reform did not … welfare reform has shifted family expenditures towards items that facilitate work outside the home, but, at least so far, has …
Persistent link: https://www.econbiz.de/10012760606
exploiting variation in the effects of the reform on bankruptcy risk across credit-score segments. Using a combination of … administrative records, credit reports, and proprietary market-research data, we find that the reform reduced bankruptcy filings, and …
Persistent link: https://www.econbiz.de/10012862860
There are concerns that the Dodd-Frank Act (DFA) has impeded small business lending. By increasing the fixed regulatory compliance requirements needed to make business loans and operate a bank, the DFA disproportionately reduced the incentives for all banks to make very modest loans and reduced...
Persistent link: https://www.econbiz.de/10012921541
The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) is the most important reform of personal … the effects of the reform on bankruptcy, insolvency, and foreclosure, we explore the mechanism generating these responses … and examine the consequences for households. We find that the reform caused a 50% permanent drop in Chapter 7 filings, a …
Persistent link: https://www.econbiz.de/10012912179
variation from the Immigration Reform and Control Act of 1986 (IRCA), which authorized the largest U.S. amnesty to date. We …
Persistent link: https://www.econbiz.de/10012913780
This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which … behavior after the reform, and the volume spike in the fixing window disappeared. However, the anomalies on price dynamics … to examine the efficiency of banks' behavior after the reform. The volume pattern during the fixing time window suggests …
Persistent link: https://www.econbiz.de/10012958583