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Network Dynamics and Knowledge Transfer in Virtual Organizations: Overcoming the Liability of Dispersion

Gandal, Neil; Stettner, Uriel - C.E.P.R. Discussion Papers - 2014

Product development within and across community-based and geographically dispersed virtual organizations is becoming an increasingly important mechanism through which individual knowledge holders create and disseminate knowledge in joint efforts to generate products. Without the benefits of...

Persistent link: https://www.econbiz.de/10011083814

On the Theory of Ethnic Conflict

Caselli, Francesco; Coleman II, Wilbur John - C.E.P.R. Discussion Papers - 2006

We present a theory of ethnic conflict in which coalitions formed along ethnic lines compete for the economy's resources. The role of ethnicity is to enforce coalition membership: in ethnically homogeneous societies members of the losing coalition can defect to the winners at low cost, and this...

Persistent link: https://www.econbiz.de/10005791398

Exploitation, Altruism, and Social Welfare: An Economic Exploration

Doepke, Matthias - C.E.P.R. Discussion Papers - 2013

Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday … language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare … distinctions that common usage of the term exploitation allows. I resolve this conflict by introducing a welfare function with …

Persistent link: https://www.econbiz.de/10011084615

Does Trade Cause Capital to Flow? Evidence from Historical Rainfalls

Kalemli-Ozcan, Sebnem; Nikolsko-Rzhevskyy, Alex - C.E.P.R. Discussion Papers - 2011

Estimating the effect of trade on capital flows is difficult given the inherent identification problem. We use fluctuations in rainfall to capture the exogenous variation in trade between Germany, France, the U.K., and the Ottoman Empire during 1859-1913. The provisionistic policy of the Ottoman...

Persistent link: https://www.econbiz.de/10009283394

Medium Term Business Cycles in Developing Countries

Comin, Diego; Loayza, Norman; Pasha, Farooq; Servén, Luis - C.E.P.R. Discussion Papers - 2011

Business cycle fluctuations in developed economies (N) tend to have large and persistent effects on developing countries (S). We study the transmission of business cycle fluctuations for developed to developing economies with a two-country asymmetric DSGE model with two features: (i) endogenous...

Persistent link: https://www.econbiz.de/10009322501

Global Sourcing of a Complex Good

Van Biesebroeck, Johannes; Zhang, Lijun - C.E.P.R. Discussion Papers - 2011

We analyze a firm that produces a final good from multiple intermediates that can each be sourced domestically or from a low-wage country. The model explicitly incorporates that sourcing decisions of intermediates are interdependent. Equilibrium predictions depend crucially on a key modeling...

Persistent link: https://www.econbiz.de/10009324256

How Big are the Gains from International Financial Integration?

Hoxha, Indrit; Kalemli-Ozcan, Sebnem; Vollrath, Dietrich - C.E.P.R. Discussion Papers - 2011

The literature has shown that the implied welfare gains from international financial integration are very small. We revisit the existing findings and document that welfare gains can be substantial if capital goods are not perfect substitutes. We use a model of optimal savings that includes a...

Persistent link: https://www.econbiz.de/10009364327

A Linder Hypothesis for Foreign Direct Investment

Fajgelbaum, Pablo; Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2011

We study patterns of FDI in a multi-country world economy. First, we present evidence for a broad sample of countries … that firms direct FDI disproportionately to markets with income levels similar to their home market. Then we develop a …-driven and the decision to serve foreign countries via exports or FDI depends on a proximity-concentration trade-off. We …

Persistent link: https://www.econbiz.de/10009367424

The Impact of ISO 9000 Diffusion on Trade and FDI: A New Institutional Analysis

Clougherty, Joseph A.; Grajek, Michal - C.E.P.R. Discussion Papers - 2006

The effects of ISO 9000 diffusion on trade and FDI have gone understudied. We employ panel data reported by OECD … diffusion to have no effect in developed nations, but to positively pull FDI (i.e., enhancing inward FDI) and positively push …

Persistent link: https://www.econbiz.de/10005662290

An Equilibrium Model of 'Global Imbalances' and Low Interest Rates

Caballero, Ricardo; Farhi, Emmanuel; Gourinchas, … - C.E.P.R. Discussion Papers - 2006

extensions of the basic model, we also generate exchange rate and FDI excess returns which are broadly consistent with the recent …

Persistent link: https://www.econbiz.de/10005666722