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The selection effect of two-way trade in the Melitz model: an alternative approach

Potin, Jacques - HAL - 2009

This paper studies the influential Melitz model of trade with heterogeneous firms using an alternative, intuitive approach. Contrary to what is often argued, it is an increase in product market competition that drives the bad firms out: with two-way trade, entry by foreign firms is not...

Persistent link: https://www.econbiz.de/10008836773

Firm Heterogeneity and the Localization of Economic Activities

Bombarda, Pamela - HAL - 2013

This paper examines how market-access strategies, via exports and FDI, respond to changes in the level of integration. Empirical evidence shows that both firm exports and multinational activity are affected by trade-liberalization episodes. We account for the strong positive correlation between...

Persistent link: https://www.econbiz.de/10010899561

Heterogeneous firms, "Profit Shifting" FDI and international tax competition

Krautheim, Sebastian; Schmidt-Eisenlohr, Tim - HAL - 2009

Larger firms are more likely to use tax haven operations to exploit international tax differences. We study a tax game between a large country and a tax haven modeling heterogenous monopolistic firms, which can shift profits abroad. We shows that a higher degree of firm heterogeneity (a...

Persistent link: https://www.econbiz.de/10008792939

Monopolistic competition in general equilibrium: Beyond the CES

Zhelobodko, Evgeny; Kokovin, Sergey; Parenti, Mathieu; … - HAL - 2011

We propose a general model of monopolistic competition and derive a complete characterization of the market equilibrium using the concept of Relative Love for Variety. When the RLV increases with individual consumption, the market generates pro-competitive effects. When it decreases, the market...

Persistent link: https://www.econbiz.de/10008839537

Self-selection and the Efficiency of Tournaments

Eriksson, Tor; Teyssier, Sabrina; Villeval, Marie Claire - HAL - 2009

The literature has shown that the overall efficiency of exogenously imposed tournaments is reduced by a high variance in performance. This paper reports results from an experiment analyzing whether allowing subjects to self-select into different payment schemes is reducing the variability of...

Persistent link: https://www.econbiz.de/10009401083

Endogénéisation des règles sociales et évolutionnisme culturel chez Friedrich A. Hayek

Dang, Ai-Thu; Mangolte, Pierre-André - HAL - 2002

L'objectif de ce texte est, d'une part, de proposer une façon de lever la dualité ou contradiction mise en évidence par de nombreux commentateurs dans la théorie hayékienne de l'évolution et, d'autre part, de souligner les difficultés rencontrées par Hayek dans sa tentative...

Persistent link: https://www.econbiz.de/10010750962

Determinacy in Linear Rational Expectations Models

Gauthier, Stéphane - HAL - 2004

The purpose of this paper is to assess the relevance of rational expectations solutions to the class of linear univariate models where both the number of leads in expectations and the number of lags in predetermined variables are arbitrary. It recommends to rule out all the solutions that would...

Persistent link: https://www.econbiz.de/10010898623

Randomization vs. selection: How to choose in the absence of preference?

Danan, Eric - HAL - 2010

randomizing. Thus, randomization among noncomparable options is costly relative to deliberate selection. On the other hand …, randomization among indifferent options is costless relative to deliberate selection. …

Persistent link: https://www.econbiz.de/10010898935

The Economics of Performance Appraisals

Diaye, Marc-Arthur; Greenan, Nathalie - HAL - 2012

, to theoretically quantify the selection e ects driven by the implementation of performance appraisals. …

Persistent link: https://www.econbiz.de/10010899804

Intra-household Selection into Migration: Evidence from a Matched Sample of Migrants and Origin Households in Senegal

Chort, Isabelle; Senne, Jean-Noël - HAL - 2013

This paper fills the gap between individual selection models and collective approaches of migration. We build a … theoretical model in order to account for household-based migration decisions and derive its implications on migrant selection … the one among its members who is to migrate, migrant selection in this case may differ from what is predicted by a pure …

Persistent link: https://www.econbiz.de/10010739025