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The American South started the post World War II era as the poorest region of the country. Per capita disposable income was less than 70 percent of the national level and the South produced less tha...
The number of unemployed persons per vacancy more than tripled during the 2008–2009 recession. The ratio fell after July 2009 but remains more than double its prerecession level as of September 20...
Somewhat surprisingly, cross-country empirical evidence (at least in the cross section) does not seem to support the predictions of standard models that economies with stricter regulations on hiring ...
I develop a model in which career concerns lead to inefficient reinvestment decisions. Managers have incentives to inflate interim returns by continuing bad projects and delaying write-offs. In the ve...
We explore a new mechanism through which investors take correlated shortcuts. Specifically, we exploit a regulatory provision governing firm classification into industries: A firm's industry classific...
Our paper tests a key prediction of property rights theory, specifically, that agents will respond to marginal incentives embedded in property rights when making non-contractible, revenue-enhancing in...
I study a model of investment and sale of ideas and test its empirical implications using a novel data set from the market for original movie ideas. Consistent with the theoretical results, I find tha...
The growth of the private equity industry has spurred concerns about its potential impact on the economy more generally. This analysis looks across nations and industries to assess the impact of priva...
We use a new firm level data set that establishes the location, ownership, and activity of 650,000 multinational subsidiaries—close to a comprehensive picture of global multinational activity. A numbe...
TenasiTech Pty Ltd, a materials science start-up company from UniQuest based on University of Queensland research, has secured A$1.4 million in grants and equity capital from the Queensland Government...
The typical cost analysis of an environmental regulation consists of an engineering estimate of the compliance costs. In industries where fixed costs are an important determinant of market structure, ...
The present study has investigated the country specific determinants of the vertical and total intra-industry trade between Iran and its main trading partners (including 24 countries) in the agricultu...
This paper analyzes the production strategies of local footwear manufacturers in the Philippinesagainst the inflow of foreign cheap products into the local market since mid-1990s using macroand micro ...
In this essay, I analyze the development of the Spanish shoe industry from the mid-nineteenth century to the end of the twentieth century in order to determine what enabled Spain to become an importa...
Thousands of Italian companies are involved in vertical chains involving textiles and apparel and shoes and leather goods,respectively. These industries have varied business and company models, partl...

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