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Results 1 - 10
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200
Public finance and individual preferences over globalization strategies. Economics and Politics. Forthcoming
, 2005
"... Do preferences toward globalization strategies vary across publicfinance regimes? In this paper, we use data on individual preferences toward immigration and trade policy to examine how pre-tax and posttax cleavages differ across globalization strategies and state fiscal jurisdictions. High exposure ..."
Abstract
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Cited by 58 (1 self)
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exposure to immigrant fiscal pressures reduces support for freer immigration among U.S. natives, especially the more skilled. The magnitude of this post-tax fiscal cleavage is comparable to the pretax labor-market effects of skill itself. There is no public-finance variation in opinion over trade policy
What do returns to acquiring firms tell us? Evidence from firms that make many acquisitions
- Journal of Finance
, 2002
"... We study shareholder returns for firms that acquired five or more public, private, and0or subsidiary targets within a short time period. Since the same bidder chooses different types of targets and methods of payment, any variation in returns must be due to the characteristics of the target and the ..."
Abstract
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Cited by 182 (4 self)
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We study shareholder returns for firms that acquired five or more public, private, and0or subsidiary targets within a short time period. Since the same bidder chooses different types of targets and methods of payment, any variation in returns must be due to the characteristics of the target
Back to the Beginning: Persistence and the Cross-Section of Corporate Capital Structure, The Journal of Finance, forthcoming
"... We examine the dynamic behavior of corporate capital structures in order to determine the empirical relevance of recent theories. We begin by showing that capital structure is highly persistent, so much so that the cross-sectional distribution of leverage in the year prior to the IPO is largely unch ..."
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Cited by 160 (8 self)
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consistent with segmented capital markets. While suggestive, ultimately our results suggest a critical need for understanding variation in corporate debt policies and the determination of private firms ’ capital structures in order to better understand public firms ’ capital structures, the latter of which
Perspectives on Public Finance 119 9 Comparative Perspectives on Public Finance
"... Decision makers in governments everywhere, from the poorest nations of the Third World to the major industrial powers and from small villages to large cities, face a variety of issues pertaining to public finance. Among the questions addressed are: (1) What and how many goods and services are to be ..."
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substantial variations in the ways in which revenues are mobilized in different countries. We conclude the chapter by raising some additional emerging issues related to the public finance questions listed above. The issues are likely to be faced or have an effect upon public
A further perspective on neutrality in public goods economy with conjectural variations. Public Finance Quaterly
, 1993
"... The results of Sandler and Posnett (1991) are generalized using a simple represen-tation of conjectural variations. Recently, Sandler and Posnett (1991) investigated more thor-oughly the following question: For which nonzero conjectural variations in an economy with a pure public good are the corres ..."
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Cited by 1 (0 self)
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The results of Sandler and Posnett (1991) are generalized using a simple represen-tation of conjectural variations. Recently, Sandler and Posnett (1991) investigated more thor-oughly the following question: For which nonzero conjectural variations in an economy with a pure public good
Whom You Know Matters: Venture Capital Networks and Investment Performance,
- Journal of Finance
, 2007
"... Abstract Many financial markets are characterized by strong relationships and networks, rather than arm's-length, spot-market transactions. We examine the performance consequences of this organizational choice in the context of relationships established when VCs syndicate portfolio company inv ..."
Abstract
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Cited by 138 (8 self)
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public offering or a sale to another company. Similarly, the portfolio companies of better networked VC firms are significantly more likely to survive to subsequent rounds of financing and to eventual exit. The magnitude of these effects is economically large, and is robust to a wide range
Financing Public Health: Diminished Funding for Core Needs and State-by-State Variation in Support
"... This article documents the instability and variation in publicfinancing of public health functions at the federal andstate levels. Trust for America’s Health has charted federal funding for the Centers of Disease Control and Prevention, which in turn provides a major portion of financing for state a ..."
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This article documents the instability and variation in publicfinancing of public health functions at the federal andstate levels. Trust for America’s Health has charted federal funding for the Centers of Disease Control and Prevention, which in turn provides a major portion of financing for state
Tax Me, But Spend Wisely Public Finance and Government Accountability
, 2012
"... This paper shows that local governments are more accountable when a larger fraction of their resources comes from local taxes. I construct a principal-agent model of public finance in which public revenues come from taxes and inter-governmental transfers. An increase in taxes changes the equilibrium ..."
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This paper shows that local governments are more accountable when a larger fraction of their resources comes from local taxes. I construct a principal-agent model of public finance in which public revenues come from taxes and inter-governmental transfers. An increase in taxes changes
Interjurisdictional Competition and Local Public Finance: Assessing the Modifying Effects
- of Institutional Incentives and Fiscal Constraints.” Urban Studies 49(7
, 2012
"... Analysts have sought for years to explain the variations in municipal expenditures across communities, with only modest success. However, recent efforts combining core propositions from the ‘Leviathan ’ and ‘municipal reform ’ frameworks show considerable promise. This paper contributes to this emer ..."
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Cited by 1 (1 self)
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Analysts have sought for years to explain the variations in municipal expenditures across communities, with only modest success. However, recent efforts combining core propositions from the ‘Leviathan ’ and ‘municipal reform ’ frameworks show considerable promise. This paper contributes
Explaining Agricultural Distortion Patterns: The Roles of Ideology, Inequality, Lobbying and Public Finance
"... This is a product of a research project on Distortions to Agricultural Incentives, under the leadership of Kym Anderson of the World Bank’s Development Research Group. The authors are grateful for very useful comments and discussions from seminar participants, particularly Jo Swinnen and Will Martin ..."
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Cited by 2 (0 self)
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. The views expressed are the authors ’ alone and not necessarily those of the World Bank and its Executive Directors, nor the countries they represent, nor of the institutions providing funds for this research project. In this paper, we examine the political economy drivers of the variation in agricultural
Results 1 - 10
of
200
