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The Making of Cultural Policy: A European Perspective

Ploeg, Frederick Van der - CESifo - 2005

No good comparable data on sizes of cultural sectors of the countries of Europe exist. Still, local and national governments of Europe spend substantial resources on culture and cultural sectors contribute significantly to employment and national income. After briefly describing special features...

Persistent link: https://www.econbiz.de/10005765923

Dissipative Advertising Signals Quality even without Repeat Purchases

Linnemer, Laurent - CESifo - 2008

Economists have emphasized the role of dissipative advertising and price as signals of quality. Most works, however …, limit the number of types to two options: high and low quality. Yet, production costs and quality both result from R … quality and marginal cost are both subject to chance. In a static framework (no repeat purchases and no informed consumers …

Persistent link: https://www.econbiz.de/10005094288

Off-Shoring and Productivity Growth in the Italian Manufacturing Industries

Daveri, Francesco; Jona-Lasinio, Cecilia - CESifo - 2008

manufacturing industries in 1995-2003. Our results indicate that the off-shoring of intermediates within the same industry (“narrow …

Persistent link: https://www.econbiz.de/10005181530

Optimal Tariffs, Retaliation and the Welfare Loss from Tariff Wars in the Melitz Model

Felbermayr, Gabriel J.; Jung, Benjamin; Larch, Mario - CESifo - 2011

This paper characterizes analytically the optimal tariff of a large one-sector economy with monopolistic competition …

Persistent link: https://www.econbiz.de/10009147740

Convexity, Differential Equations, and Games

Flåm, Sjur Didrik - CESifo - 2002

Theoretical and experimental studies of noncooperative games increasingly recognize Nash equilibrium as a limiting outcome of players‘ repeated interaction. This note, while sharing that view, illustrates and advocates combined use of convex optimization and differential equations, the purpose...

Persistent link: https://www.econbiz.de/10005181528

Trade Retaliation in a Monetary-Trade Model

Whalley, John; Yu, Jun; Zhang, Shunming - CESifo - 2009

We explore how outcomes of trade policy retaliation (Nash tariff games) are affected when trade simultaneously takes places geographically across countries and through time via financial intermediation. In such models deficits and surpluses in goods trade are endogenously determined, and...

Persistent link: https://www.econbiz.de/10005416485

Strategic Wage Setting and Coordination Frictions with Multiple Applications

Gautier, Pieter A.; Moraga-González, José Luis - CESifo - 2004

We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical …

Persistent link: https://www.econbiz.de/10005094458

Financing and Funding Health Care: Optimal Policy and Political Implementability

Nuscheler, Robert; Roeder, Kerstin - CESifo - 2014

Health care financing and funding are usually analyzed in isolation. This paper combines the corresponding strands of the literature and thereby advances our understanding of the important interaction between them. We investigate the impact of three modes of health care financing, namely,...

Persistent link: https://www.econbiz.de/10010812491

Is Medicines Parallel Trade ‘Regulatory Arbitrage’?

Costa-i-Font, Joan - CESifo - 2015

group (statins) that accounted for 5% of the market at the time of study and faced no generic competition. Our findings …

Persistent link: https://www.econbiz.de/10011274346

Inventory Control and Intermediation in Global Supply Chains

Qu, Zhan; Raff, Horst; Schmitt, Nicolas - CESifo - 2015

The paper develops a simple theoretical model of inventory control in global supply chains. It identifies a role for intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a supply chain is profitable when demand volatility is high. It also...

Persistent link: https://www.econbiz.de/10011210404