Showing 1 - 10 of 38
, and then proceed to provide an alternative overview of what the economics professions knows and needs to know about …
Persistent link: https://www.econbiz.de/10008611016
We measure how the bundling of television channels affects welfare. We estimate an industry model of viewership, demand …
Persistent link: https://www.econbiz.de/10009001064
This article provides a review of recent literature in economics on the effect of mass media on politics. The focus is … effects, developed outside of economics. …
Persistent link: https://www.econbiz.de/10011168894
Conventional wisdom holds that protectionism is counter-cyclic; tariffs, quotas and the like grow during recessions. While that may have been a valid description of the data before the Second World War, it is no longer accurate. In the post-war era, protectionism has not actually moved...
Persistent link: https://www.econbiz.de/10011083599
We provide theoretical and empirical evidence that policy uncertainty can significantly affect firm level investment … and entry decisions in the context of international trade. When market entry costs are sunk, policy uncertainty can create … dynamic, heterogeneous firms model we show that: (i) investment and entry into export markets is reduced when trade policy is …
Persistent link: https://www.econbiz.de/10011083993
This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH. A Business-as-Usual scenario is compared with five scenarios in which Greenhouse Gases emissions are taxed, at different levels. The elasticity of China’s emissions is...
Persistent link: https://www.econbiz.de/10011084331
-urban migration. In this respect, the employment subsidy policy can backfire by raising rather than reducing urban unemployment. …
Persistent link: https://www.econbiz.de/10008784746
in yields following the OMT announcement, the high current degree of fragmentation poses difficult challenges for policy …-makers, since it leads to an unequal transmission of the ECB’s monetary policy to the various countries. …
Persistent link: https://www.econbiz.de/10011276387
This Paper provides a first applied game theory analysis of a technology-based climate protocol by assessing: (i) the self-enforcement (namely, the absence of incentives to free ride) of the coalition that would form when countries negotiate on climate-related technological cooperation; (ii) the...
Persistent link: https://www.econbiz.de/10005791506
macroeconomic questions such as business cycles, growth, and policy. Particular attention is given to the ability of the model to …
Persistent link: https://www.econbiz.de/10005792066