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How Trade Credits Foster International Trade
Eck, Katharina; Engemann, Martina; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2012
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10011083260
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The Foreign Service and Foreign Trade: Embassies as Export Promotion
Rose, Andrew K - C.E.P.R. Discussion Papers - 2005
-section of data covering 22 large exporters and 200 import destinations. Bilateral exports rise by approximately 6-10% for each …
Persistent link: https://www.econbiz.de/10005791718
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Globalization and the Provision of Incentives Inside the Firm
Cuñat, Vicente; Guadalupe, Maria - C.E.P.R. Discussion Papers - 2006
import penetration. Using tariffs and exchange rates as instrumental variables, we estimate the causal effect of … while lower-ranking executives see their wages fall. Third, higher competition is associated with a higher probability of …
Persistent link: https://www.econbiz.de/10005124375
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Government Distributional Concerns and Economic Policy During the Transition from Socialism
Gordon, Roger H; Li, David Daokui - C.E.P.R. Discussion Papers - 1997
Before the transition governments had strong distributional objectives, which they pursued mainly by direct controls over state enterprise wage rates and hiring decisions, yielding a highly compressed wage distribution. During the reform they maintained similar controls over state enterprises,...
Persistent link: https://www.econbiz.de/10005114146
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Firm Entry Deregulation, Competition and Returns to Education and Skill
Fernandes, Ana; Ferreira, Priscila; Winters, L. Alan - C.E.P.R. Discussion Papers - 2013
This paper investigates the effects of firm entry deregulation. We exploit a recent reform that simplified business entry in Portugal as a quasi-natural experiment. We use cross-municipality-year variation in the implementation of the reform for identification. Using matched employer-employee...
Persistent link: https://www.econbiz.de/10011083872
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Product Market Competition, Returns to Skill and Wage Inequality
Guadalupe, Maria - C.E.P.R. Discussion Papers - 2004
dispersion of wages increase with competition using a large panel of United Kingdom workers with complete work histories. I …
Persistent link: https://www.econbiz.de/10005666700
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Unions And The Labour Market For Managers
Dinardo, John; Hallock, Kevin F; Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 2000
unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of … unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers' wages …
Persistent link: https://www.econbiz.de/10005666977
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Relative Wage Effects of German Unions
Schmidt, Christoph M - C.E.P.R. Discussion Papers - 1994
In contrast to the United States or the United Kingdom where union status is generally tied to the job, the typical unionized worker in Germany is a member of an industry union and there is no direct institutional link between union membership and the worker's wage. Using micro data from the...
Persistent link: https://www.econbiz.de/10005792011
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Anti-Trust Policy and National Growth: Some Evidence from Italy
Allegra, Elisabetta; Forni, Mario; Grillo, Michele; … - C.E.P.R. Discussion Papers - 2004
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
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Environmental Innovation Policy and International Competition
Carraro, Carlo; Siniscalco, Domenico - C.E.P.R. Discussion Papers - 1991
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