Showing 1 - 10 of 75
. Results are presented for the United States, Japan, and an aggregate called "Europe" consisting of eleven European economies … indices for Japan and Europe. If anything, real wages in Europe and Japan were too flexible rather than too rigid, in the … sense that much of the increase in wage gap indices in Europe during 1968-70 and in Japan in 1973-74 can be interpreted as …
Persistent link: https://www.econbiz.de/10005789135
Exclusive dealing contracts between manufacturers and retailers force new entrants to set up their own costly dealer networks to enter the market. We ask whether such contracts may act as an entry barrier, and provide an empirical analysis of the European car market. We first estimate a demand...
Persistent link: https://www.econbiz.de/10011083855
Anti-trust problems affecting markets for intermediate goods or services raise the input costs of firms operating in downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic performance of the country. We try to document the...
Persistent link: https://www.econbiz.de/10005067650
We consider one polluting industry in an open economy. The national government implements a policy of industrial pollution control by inducing appropriate technological innovations to reduce toxic emissions. The emission-reducing innovations are developed through firm-specific costly...
Persistent link: https://www.econbiz.de/10005666416
Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate …
Persistent link: https://www.econbiz.de/10011213309
Western Europe has an effect on within regional interpersonal inequality. Second, whether this potential relationship is …
Persistent link: https://www.econbiz.de/10009322504
We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short-run and long-run mediating effects: while in the former only current or lagged behaviors are taken into account, in the latter we consider the entire history of behaviors. We...
Persistent link: https://www.econbiz.de/10009385763
Does fiscal consolidation lead to social unrest? Using cross-country evidence for the period 1919 to 2008, we examine the extent to which societies become unstable after budget cuts. The results show a clear correlation between fiscal retrenchment and instability. We test if the relationship...
Persistent link: https://www.econbiz.de/10009201119
distress. With a focus on Europe, it looks at how these banks’ foreign affiliates have been faring during the recent financial …
Persistent link: https://www.econbiz.de/10008468703
innovation. In the early-modern period parliaments declined in influence in southern and central Europe and gained in importance …
Persistent link: https://www.econbiz.de/10008530357