Now showing items 1-3 of 3

  • Capital deaccumulation and the large persistent effects of financial crises 

    Knowles, Matthew Paul (2015-01-17) - Working or discussion paper
    In a panel of OECD and emerging economies, I find that banking crises are characterized by larger initial drops in investment than other large recessions and are followed by particularly persistent drops in output. ...
  • The clarity incentive for issue engagement in campaigns 

    Basu, Chitralekha; Knowles, Matthew Paul (2017-06-14) - Working or discussion paper
    Although parties focus disproportionately on favorable issues in their election campaigns, it is also the case that parties spend much of the ‘short campaign’ addressing the same issues – and especially salient issues. If ...
  • Entrepreneurship, agency frictions and redistributive capital taxation 

    Knowles, Matthew Paul; Boar, Corina (2017-08-27) - Working or discussion paper
    Motivated by the observation that among OECD countries redistribution is negatively correlated with entrepreneurial activity, we examine the implications of entrepreneurial financial frictions for optimal linear capital ...