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05 Dec 2017
First Look

First Look at New Research and Ideas, December 5, 2017

of firm entry and exit, output, and R&D. Taxing the continued operation of incumbents can lead to sizable gains (of the order of 1.4% improvement in welfare) by encouraging exit of less productive firms and freeing up skilled labor to be used for R&D by... View Details

Keywords: Sean Silverthorne

26 Jul 2011
First Look

First Look: July 26

http://www.hbs.edu/research/pdf/11-034.pdf Tax Policy and the Efficiency of U.S. Direct Investment Abroad Authors:Mihir A. Desai, C. Fritz Foley, and James R. Hines Jr. Abstract Deferral of U.S. taxes on foreign source income is commonly characterized as a View Details

Keywords: Sean Silverthorne

06 Aug 2018
Research & Ideas

Supersmart Manufacturing Tools are Lowering Prices on TVs, Bulbs, and Solar Panels

who they can convince to enter the business. So, the capability to make that complex tool-dependent product becomes accessible to everybody who has the money. Many such cases have been worsened by government subsidies designed to... View Details

Keywords: by Sean Silverthorne; Manufacturing; Electronics

04 Nov 2014
First Look

First Look: November 4

for a reduction in financial expenditures due to the subsidies accompanying loans. However, BNDES does not systematically lend to underperforming firms. Our results indicate that BNDES subsidizes firms that could fund their projects with... View Details

Keywords: Sean Silverthorne

19 Feb 2019
First Look

New Research and Ideas, February 19, 2019

financially benefit most from home delivery are more likely to choose it. Those who benefit least from insurance subsidies are more likely to make no active choice and lose those subsidies. The implicit default incentivizes people to make... View Details

Keywords: Sean Silverthorne

01 Feb 2011
First Look

First Look: Feb. 1

Fundamental principles of intellectual property rights and agricultural subsidies are described, along with the challenges of creating and operating multilateral institutions. The note begins with a brief history of multilateral... View Details