Showing 1 - 10 of 514
This paper experimentally studies the role of associative memory for belief formation. Realworld information signals are often embedded in memorable contexts. Thus, today’s news, and the contexts they are embedded in, may cue the selective retrieval of similar past news and hence contribute to...
Persistent link: https://www.econbiz.de/10012118551
cross-industry differences in this dimension. Theory suggests several potential factors that might explain this dispersion … lower variability of the number of firms; and (2) these relationships are non-linear as suggested by theory with initial …
Persistent link: https://www.econbiz.de/10011508062
We apply and extend the cost-based approach to bundling and tying under competition developed in Evans and Salinger (2004) to over-the-counter pain relievers and cold medicines. We document that consumers pay much less for tablets with multiple ingredients than they would if they bought tablets...
Persistent link: https://www.econbiz.de/10003113334
are analysed and insights from the theory of industrial organisation are given. Governments intervene in the market for …
Persistent link: https://www.econbiz.de/10002734112
country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …
Persistent link: https://www.econbiz.de/10002757774
We nest an extended two-way fixed effect (ETWFE) estimator for staggered difference-in-differences within the structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest that RTA estimates in the current gravity literature may be...
Persistent link: https://www.econbiz.de/10014431432
The Great Depression is the canonical case of a widespread currency war, with more than 70 countries devaluing their currencies relative to gold between 1929 and 1936. What were the currency war’s effects on trade flows? We use newly-compiled, highfrequency bilateral trade data and gravity...
Persistent link: https://www.econbiz.de/10015178449
Global imports subject to pre-shipment inspections (PSI) - a practice under which imports need to undergo a third party review process before shipment - shrank from 700 bn USD in 2010 to 87 bn in 2018. However, only little is known about the trade impact of such procedures, which on the one hand...
Persistent link: https://www.econbiz.de/10013285519
; extreme value theory ; bootstrapping …
Persistent link: https://www.econbiz.de/10003891679
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments from the Heckscher-Ohlin and the tax competition literature into a common theoretical framework. The model suggests that with increasing global integration, developing countries...
Persistent link: https://www.econbiz.de/10003928775