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In this paper, we analyze the effect of Cournot competition with differentiated products on the real and financial decisions of a publicly-owned firm, with three different structures in the financial market : monopoly, duopoly and Stackelberg. We shows that the degree of product differentiation...
Persistent link: https://www.econbiz.de/10009652978
We study an extension of Jain and Mirman (1999) with two insiders under three different market structures : (i) Cournot competition among the insiders, (ii) Stackelberg game between the insiders and (iii) monopoly in the real market and Stackelberg in the financial market. We show how the...
Persistent link: https://www.econbiz.de/10009372702
In this paper, we study the real and financial effects of insider trading in the spirit of Jain and Mirman (1999). Unlike the previous works that address this issue, we suppose that the production of the real good is costly and depends mainly of the price of an intermediate good produced locally...
Persistent link: https://www.econbiz.de/10010635105
We study an extension of Jain and Mirman (1999) with two insiders under three different market structures : (i) Cournot competition among the insiders, (ii) Stackelberg game between the insiders and (iii) monopoly in the real market and Stackelberg in the financial market. We show how the...
Persistent link: https://www.econbiz.de/10010635234
In this paper, we study the real and financial effects of insider trading in the spirit of Jain and Mirman (1999). Unlike the previous works that address this issue, we suppose that the production of the real good is costly and depends mainly of the price of an intermediate good produced locally...
Persistent link: https://www.econbiz.de/10009402125
Recently, much research interest is directed towards the impact of migration on the sending country. However, we think that this literature does not successfully analyse the effects of migration on unemployment and wage rates especially in urban areas. It studies the effect of one king of...
Persistent link: https://www.econbiz.de/10010738500
In this paper, I run a computable general equilibrium (CGE) model of the Moroccan economy to investigate the transmission channels through which remittances affect households and sectors. I give a particular attention to the investment of remittances in the real estate sector, by allowing a...
Persistent link: https://www.econbiz.de/10010738561
La littérature économique récente sur l'impact de la migration sur le pays d'origine n'a pas réussi à analyser l'effet de la migration sur le chômage et le taux de salaire surtout dans les zones urbaines. A l'aide d'un MEGC détaillé appliqué à l'économie marocaine, nous sommes...
Persistent link: https://www.econbiz.de/10010750487
In this paper, I run a computable general equilibrium (CGE) model of the Moroccan economy to investigate the transmission channels through which remittances affect households and sectors. I give a particular attention to the investment of remittances in the real estate sector, by allowing a...
Persistent link: https://www.econbiz.de/10010750968
Recently, much research interest is directed towards the impact of migration on the sending country. However, we think that this literature does not successfully analyse the effects of migration on unemployment and wage rates especially in urban areas. It studies the effect of one king of...
Persistent link: https://www.econbiz.de/10008794888