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Self-Regulation and Regulatory Flexibility: Why Firms May be Reluctant to Signal Green

Lyon, Thomas P.; Maxwell, John W. - Department of Business Economics and Public Policy, … - 2014

Corporate self-regulation is a crucial non-market strategy, and has generally been understood as a response to regulatory threats. However, self-regulation can also influence the nature of regulatory threats, especially when firms have private information about their costs of abatement. We study...

Persistent link: https://www.econbiz.de/10011096390

The value of diplomacy: Bilateral relations and immigrant well-being

Becchetti, Leonardo; Clark, Andrew E.; Ricco, Elena Giachin - HAL - 2011

This paper attempts to establish the value of good relationships between countries by considering their effect on a group of individuals who are arguably intimately affected by them: immigrants. We appeal to an index of conflict/cooperation which is calculated as an annual weighted sum of news...

Persistent link: https://www.econbiz.de/10010738906

The Human Capital-Intensive Firm and Coordination: Redefined Integration and Disintegration

Sautel, Olivier; Cézanne, Cécile - HAL - 2007

The aim of this paper is to reconsider the link between integration and disintegration. We argue that the conception of … disintegration must be differentiated by the tools they give to the firm to effectively govern productive assets. …

Persistent link: https://www.econbiz.de/10011026169

Political Economy of Fiscal Unions

Fidrmuc, Jan - CESifo - 2013

I formulate a political-economy model of a fiscal union where the threat of secession imposes a limit on fiscal redistribution between regions. I argue that the trade-off between implementing the region’s preferred fiscal policy and benefiting from inter-regional risk sharing depends on the...

Persistent link: https://www.econbiz.de/10010681224

Firme intensive en capital humain et coordination : vers une redéfinition du rapport entre intégration et dé-intégration

Sautel, Olivier; Cézanne-Sintès, Cécile - HAL - 2007

The aim of this paper is to reconsider the link between vertical integration and disintegration which are traditionally … opposed in the literature. The conception of integration and disintegration closely depends on the way we define the firm and … of the firm involves a redefinition of the link between integration and disintegration. We advance that it can not be …

Persistent link: https://www.econbiz.de/10008791165

Economic and Politico-Economic Equivalence of Fiscal Policies

Gonzalez-Eiras, Martín; Niepelt, Dirk - CESifo - 2012

We extend “economic equivalence” results, like the Ricardian equivalence proposition, to the political sphere where … environments with distorting taxes, economic equivalence relations between policies with different levels of debt do not extend to …

Persistent link: https://www.econbiz.de/10009645636

On the Equivalence between Labor and Consumption Taxation

Panteghini, Paolo - CESifo - 2009

This article studies the equivalence between labor and consumption taxes in a stochastic context, where the government …

Persistent link: https://www.econbiz.de/10005051510

Time Series Forecasting: The Case for the Single Source of Error State Space

Ord, J Keith; Snyder, Ralph D; Koehler, Anne B; … - Department of Econometrics and Business Statistics, … - 2005

The state space approach to modelling univariate time series is now widely used both in theory and in applications. However, the very richness of the framework means that quite different model formulations are possible, even when they purport to describe the same phenomena. In this paper, we...

Persistent link: https://www.econbiz.de/10005427626