We study the impact of foreign direct investment (FDI) on total factor productivity (TFP) of domestic firms using a new, representativ firm-level data set spanning six countries. A novel finding is that firm-level spillovers ...
This paper investigates the way dierent sides of grit in uence behavior. In addition to grit's upside in achieving economic success associated with not giving up, it might also have a downside associated with not letting ...
We present a factor-proportions trade model in which heterogeneous firms can offshore
intermediate inputs subject to fixed offshoring costs. In the skill-abundant country, high-
productivity firms offshore a larger range ...
Akin, Ozlem; Coleman, Nicholas S.; Fons-Rosen, Christian; Peydró, José-Luis(2016-10-01)
We exploit the 2008-2010 TARP bank bailouts after Lehman s failure to test for private information leakages from banking regulators to top corporate bank executives using insider trading data and information on political ...
