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Rent Building, Rent Sharing: A Panel Country-Industry Empirical Analysis

Askenazy, Philippe; Cette, Gilbert; Maarek, Paul - Institute for the Study of Labor (IZA) - 2012

Through panel estimates using OECD country-industry statistics, this paper aims to clarify the determinants of rent creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is carried out in two steps. The first explains the rent...

Persistent link: https://www.econbiz.de/10010541268

The Economics of Risky Health Behaviors

Cawley, John; Ruhm, Christopher J. - Institute for the Study of Labor (IZA) - 2011

Risky health behaviors such as smoking, drinking alcohol, drug use, unprotected sex, and poor diets and sedentary lifestyles (leading to obesity) are a major source of preventable deaths. This chapter overviews the theoretical frameworks for, and empirical evidence on, the economics of risky...

Persistent link: https://www.econbiz.de/10009024597

Did the National Minimum Wage Affect UK Prices?

Wadsworth, Jonathan - Institute for the Study of Labor (IZA) - 2009

wage workers could pass on any resulting higher labour costs in the form of higher prices. This study looks at the effects … of the introduction and subsequent uprating of the minimum wage on the prices of UK goods and services, comparing the … prices of goods produced by industries in which UK minimum wage workers make up a substantial share of total costs with the …

Persistent link: https://www.econbiz.de/10008565190

A Global View of Cross-Border Migration

di Giovanni, Julian; Levchenko, Andrei A.; Ortega, Francesc - Institute for the Study of Labor (IZA) - 2012

This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and destinations, using a quantitative multi-sector model of the global economy calibrated to aggregate and firm-level data on 60 developed and developing countries. Our framework accounts...

Persistent link: https://www.econbiz.de/10011279236

Welfare in Models of Trade with Heterogeneous Firms

Janiak, Alexandre - Institute for the Study of Labor (IZA) - 2008

I illustrate that the welfare improvement property of the Melitz model is due to the shape of the aggregate labor demand curve, which slopes upwards. By slightly changing some assumptions in the model, this curve may have a negative slope. In this case, increases in aggregate productivity result...

Persistent link: https://www.econbiz.de/10005233865

International Trade and Firm Performance: A Survey of Empirical Studies since 2006

Wagner, Joachim - Institute for the Study of Labor (IZA) - 2011

The literature on international trade and firm performance grows exponentially. This paper attempts to summarize what we learn from this literature to guide both future empirical and theoretical work in this area, and public debates and policy makers, in an evidence-based way. The focus is on...

Persistent link: https://www.econbiz.de/10009277811

Cross-Border Mergers and National Champions in an Integrating Economy

Suedekum, Jens - Institute for the Study of Labor (IZA) - 2006

We introduce a simple oligopolistic trade model with international transportation costs, and analyze the profitability and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of trade freeness, (ii) the possibility of rent...

Persistent link: https://www.econbiz.de/10005822177

How Outsourcing Affects Bilateral Political Relations

Polachek, Solomon W. - Institute for the Study of Labor (IZA) - 2004

One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment), thereby affecting political relations. However, at least as far back as 1750, economic philosophers such as Baron de Montesquieu in his L’Esprit des Lois, argued, “peace is...

Persistent link: https://www.econbiz.de/10005822680

Ethnic Networks and International Trade

Epstein, Gil S.; Gang, Ira N. - Institute for the Study of Labor (IZA) - 2004

There is a well-established high quality literature on the role of networks, particularly ethnic networks, in international trade. Ethnic networks are a way of overcoming informal barriers (information costs, risk and uncertainty) to trade by building trust and substituting for the difficulty of...

Persistent link: https://www.econbiz.de/10005763717

National Champion versus Foreign Takeover

Suedekum, Jens - Institute for the Study of Labor (IZA) - 2007

We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...

Persistent link: https://www.econbiz.de/10005763853