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21 Dec 2009
Research & Ideas

Good Banks, Bad Banks, and Government’s Role as Fixer

downside on toxic assets that are actually purchased. Moreover, the partnerships are likely not to set a market price on many toxic assets, because the government will not provide generous subsidies to buy them on a regular basis. The... View Details

Keywords: by Roger Thompson; Banking; Financial Services

07 Apr 2009
First Look

First Look: April 7, 2009

paper addresses these questions by analyzing the available evidence on two related claims: (1) that the current U.S. policy of deferring taxation of foreign profits represents a subsidy to American firms and (2) that activity abroad by... View Details

Keywords: Martha Lagace

21 Apr 2009
First Look

First Look: April 21, 2009

contrast, small subsidy payments have a large effect on the likelihood of opening a savings account. These payments are more than two times more cost-effective than the financial literacy training, though this calculation does not take... View Details

Keywords: Martha Lagace

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

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