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Trade policy, cross-border externalities and lobbies: do linked agreements enforce more cooperative outcomes?

Limão, Nuno - EconWPA - 2002

-pecuniary externalities), will this promote more cooperation in both policies or will cooperation in one policy be strengthened at the expense …

Persistent link: https://www.econbiz.de/10005124914

Are Preferential Trade Agreements with Non-trade Objectives a Stumbling Bloc for Multilateral Liberalization?

Limão, Nuno - EconWPA - 2002

Increasingly, in regional agreements, large economies, e.g. U.S. and E.U., offer lower trade barriers in exchange for cooperation by small economies in environmental, intellectual property and other issues. What is the effect of such agreements on multilateral trade liberalization? We show that,...

Persistent link: https://www.econbiz.de/10005556407

Labor Mobility and Income Tax Competition

Piaser, Gwenael - EconWPA - 2003

This paper provides a model of nonlinear income taxation in a context of international mobility. We consider two identical countries, in which each government chooses non-cooperatively redistributive taxes. It is shown that when skilled workers can move at low cost, the income taxation does not...

Persistent link: https://www.econbiz.de/10005561003

MFN Status, Trade Embargoes, Sanctions and Blockades: An Examination of Some Overlooked Property, Contract and Other Human Rights Issues

McGee, Robert W. - EconWPA - 1998

Most Favored Nation (MFN) status, trade embargoes and blockades have traditionally been used to entice nations to alter their behavior or to punish them for certain behavior. The intentions behind these policies are generally noble, at least on the surface. However, instituting these policies...

Persistent link: https://www.econbiz.de/10005119248

Per-Mile Premiums for Auto Insurance

Edlin, Aaron S. - EconWPA - 1999

's [1968] central insights about the accident externalities of driving. We use this model to estimate the driving, accident … premiums are taxed to account for accident externalities would be $32 - $43 billion, or $187 -$254 per vehicle, exclusive of …

Persistent link: https://www.econbiz.de/10005561012

Is a conservative central banker a (perfect) substitute for wage coordination?

Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2003

In a monetary union, macroeconomic policies are strongly associated with externalities that seem to imply the need for … negative externalities arising from a decentralized policy management. This paper investigates different solutions for … internalizing policy externalities. In particular, we compare wage coordination to the conservative central banker solution, which …

Persistent link: https://www.econbiz.de/10005076726

Partisanship and fiscal policy co-ordination in a monetary union

Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2001

The recent economic literature shows a new interest in the links between politics and economics. In this paper, we join Hibbs’ partisanship theory with the literature of fiscal policies international co- ordination. Furthermore, by considering a monetary union context, we also open a new angle...

Persistent link: https://www.econbiz.de/10005076746

Wage and public expenditure setting in a monetary union

Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2001

European countries have progressively integrated from the point of view of trade and investment and have a common currency now. However, labour market and fiscal institutions have largely retained their national status. The aim of this paper is to examine: a) the possibility for trade unions of...

Persistent link: https://www.econbiz.de/10005076748

Some empirical tests on the integration of economic activity between the euro area and the accession countries

Korhonen, Iikka - EconWPA - 2002

This note looks ata the correlation of short-term business cycles in the euro area and the Eu accession countries. This issue is assessed with the help of vector autoregressive models. There are clear differences in the degree of correlation between acces-sion countries. For Hungary and...

Persistent link: https://www.econbiz.de/10005076777

Monetary Transmission in the Euro Area: A Factor Model Approach

Sala, Luca - EconWPA - 2002

This paper studies the transmission of common monetary shocks across European countries by using a dynamic factor model (Forni-Reichlin (1998)). This technique allows to extract the common European monetary shock and to compute country-specific responses. Our identification employs rotations of...

Persistent link: https://www.econbiz.de/10005076808

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