Showing 1 - 8 of 8
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
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
Persistent link: https://www.econbiz.de/10008684157
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
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
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
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
This article studies the equivalence between labor and consumption taxes in a stochastic context, where the government …
Persistent link: https://www.econbiz.de/10005051510