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Demand- and Supply-Side Policies and Unemployment: Policy Implications of the Insider-Outsider Approach
Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1989
The paper analyzes a variety of government policies that can stimulate employment when unemployment is generated … may be ineffective. We show how supply side policies can stimulate employment by raising worker productivity or reducing … effect on employment unless these policies stimulate labor productivity, the entry of firms, capital utilization or …
Persistent link: https://www.econbiz.de/10005666572
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Macroeconomic Implications of Insider Power
Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1989
negotiations. Wage and employment decisions are assumed to be made before business conditions are known; thus these decisions … effectiveness of various government policies on production, employment, and pricing. Hysteresis is shown to be a special case in a …
Persistent link: https://www.econbiz.de/10005661965
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Trade and regional inequality
Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2011
This paper examines the relationship between openness and within-country regional inequality across 28 countries over the period 1975-2005. In particular, it tests a) whether increases in trade lead to rising inequalities, b) whether these inequalities recede in time, and c) whether increases in...
Persistent link: https://www.econbiz.de/10009367423
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The Geography of Development within Countries
Desmet, Klaus; Henderson, J Vernon - C.E.P.R. Discussion Papers - 2014
This chapter describes how the spatial distribution of economic activity changes as economies develop and grow. We start with the relation between development and rural-urban migration. Moving beyond the coarse rural-urban distinction, we then focus on the continuum of locations in an economy...
Persistent link: https://www.econbiz.de/10011084674
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How Should Control Theory be Used by a Time-Consistent Government?
Cohen, Daniel; Michel, Philippe - C.E.P.R. Discussion Papers - 1986
It has been recognized that the optimal strategy of a government is generally time-inconsistent: optimality requires that the government take into account expectations effects in the formulation of its policy and to ignore these effects when applying the policy. In order to analyse the problem,...
Persistent link: https://www.econbiz.de/10005666548
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The Invisible Hand in Corporate Governance
Chhaochharia, Vidhi; Laeven, Luc - C.E.P.R. Discussion Papers - 2007
We evaluate the impact of firm-level corporate governance provisions on the valuation of firms in a large cross-section of countries. Unlike previous work, we distinguish between governance provisions that are set at the country-level and those that are adopted at the firm-level. We find that...
Persistent link: https://www.econbiz.de/10005067567
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Sources of Growth: the Entrepreneurial versus the Managed Economy
Audretsch, David B; Thurik, A R Roy - C.E.P.R. Discussion Papers - 1997
The purpose of this paper is to suggest that a fundamental shift in Europe, along with the other OECD countries, is taking place. This shift is from the managed economy to the entrepreneurial economy. While politicians and policy-makers have made a plea for guidance in the era of...
Persistent link: https://www.econbiz.de/10005504288
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Airbus versus Boeing Revisited: International Competition in the Aircraft Market
Irwin, Douglas; Pavcnik, Nina - C.E.P.R. Discussion Papers - 2003
This Paper examines international competition in the commercial aircraft industry. We estimate a discrete choice, differentiated products demand system for wide-body aircraft and examine the Airbus-Boeing rivalry under various assumptions on firm conduct. We then use this structure to evaluate...
Persistent link: https://www.econbiz.de/10005662293
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Alliances in the Air: Some Worldwide Evidence
Gagnepain, Philippe; Uribe, Marín; Luis, Pedro - C.E.P.R. Discussion Papers - 2005
We consider an empirical model of worldwide airlines’ alliances that we apply to a large set of companies for the period 1995-2000, with special attention to US and EU carriers. From the estimation of a cost, capacity and demand system that accounts for cross-price elasticities, we attempt to...
Persistent link: https://www.econbiz.de/10005666444
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Does Terrorism Work?
Gould, Eric D; Klor, Esteban F - C.E.P.R. Discussion Papers - 2009
This paper examines whether terrorism is an effective tool to achieve political goals. By exploiting variation in … response to terror. Hence, terrorism appears to be an effective strategy in terms of shifting the entire Israeli political … landscape to the left. These findings may shed light on the causes underlying the spread of global terrorism in the last few …
Persistent link: https://www.econbiz.de/10008458294