Abstract: This paper examines the effects of infrastructure expenditures and State incentives over regional labour markets for the U.S. economy. To this end, I propose a simple model in which workers have some kind of mobility and firms make use of two types of incentives: monetary (R&D tax credits) and […]
Research
2 posts
Abstract: Along history, Argentina’s multiple exchange rate system has created serious economic distortions. The 2011-15 episode does not differ from previous experiences. For instance, private external assets grew 37.7% with respect to 2010 as well as dollarized deposits (75% on average) during 2011-16 while the Black Market Premium reached a […]