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A Gains from Trade Perspective on Macroeconomic Fluctuations

Beaudry, Paul - 2011

Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … "gains from trade" approach can easily explain why changes in perceptions about the future (including "news" about the future …

Persistent link: https://www.econbiz.de/10012461366

Product Switching and the Business Cycle

Bernard, Andrew B. - 2016

This paper explores role of product adding and dropping within manufacturing firms over the business cycle. While a substantial body of work has explored the importance of the extensive margins of firm entry and exit in employment and output flows, only recently has research begun to examine the...

Persistent link: https://www.econbiz.de/10012456031

Public and private sector partnerships : learning for growth

Montanheiro, Luiz C. (contributor); Haigh, R. H. (contributor) - 1997 - 2. ed.

Persistent link: https://www.econbiz.de/10000965994

Understanding public and private sector partnerships

Montanheiro, Luiz C. (contributor); Haigh, R. H. (contributor) - 1997

Persistent link: https://www.econbiz.de/10000966003

Trust in Large Organizations

Porta, Rafael La - 1996

Several authors suggest that trust is an important determinant of cooperation between strangers in a society, and therefore of performance of social institutions. We argue that trust should be particularly important for the performance of large organizations. In a cross-section of countries,...

Persistent link: https://www.econbiz.de/10012472964

Intergovernmental Cooperation and Tax Enforcement

Troiano, Ugo - 2017

Improving the efficiency of tax collection is important for development and fairness purposes. I study the Audit Exchange Information Agreements, which are agreements between the states and the U.S. federal government to exchange information about income tax audit plans and techniques, signed...

Persistent link: https://www.econbiz.de/10012453560

Central Banks : Evolution and Innovation in Historical Perspective

Bordo, Michael D. - 2017

Central banks have evolved for close to four centuries. This paper argues that for two centuries central banks caught up to the strategies followed by the leading central banks of the era; the Bank of England in the eighteenth and nineteenth centuries and the Federal Reserve in the twentieth...

Persistent link: https://www.econbiz.de/10012453864

Overcoming the common pool problem through voluntary cooperation : the rise and fall of a fishery cooperative

Deacon, Robert T. - 2010

We analyze a seldom used, but highly promising form of rights-based management over common pool resources that involves the self-selection of heterogeneous fishermen into sectors. The fishery management regime assigns one portion of an overall catch quota to a voluntary cooperative, with the...

Persistent link: https://www.econbiz.de/10012462317

Interracial Workplace Cooperation : Evidence from the NBA

Price, Joseph - 2009

Using data from the National Basketball Association (NBA), we examine whether patterns of workplace cooperation occur disproportionately among workers of the same race. We find that, holding constant the composition of teammates on the floor, basketball players are no more likely to complete an...

Persistent link: https://www.econbiz.de/10012463898

Liaisons Dangereuses : Increasing Connectivity, Risk Sharing, and Systemic Risk

Battiston, Stefano - 2009

We characterize the evolution over time of a network of credit relations among financial agents as a system of coupled stochastic processes. Each process describes the dynamics of individual financial robustness, while the coupling results from a network of liabilities among agents. The average...

Persistent link: https://www.econbiz.de/10012463991