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due to the public good nature of pollution abatement. The theory of international environmental agreements (IEAs) in … social preferences into a model of international environmental agreements. Focusing on Charness-Rabin social preferences, we …
Persistent link: https://www.econbiz.de/10012458462
Nonprofits supply many tax-financed services like healthcare and education. Yet nonprofits are absent from the canonical property rights theory of ownership. Extending the government "make or buy" decision to nonprofits and ex post frictions based on contracts as reference points suggests that...
Persistent link: https://www.econbiz.de/10014468220
Persistent link: https://www.econbiz.de/10000080994
greenhouse gases throughout the industrialized world, and the Clean Development Mechanism -- an international emission … various types of linkages, and analyze the near-term and long-term role that linkage may play in a future international …
Persistent link: https://www.econbiz.de/10012464215
We examine the role of non-economic partnerships in promoting international economic exchange. Since far …-sighted countries are more willing to join costly international partnerships such as environmental treaties, environmental engagement … tends to encourage international lending. Countries with such non-economic partnerships also find it easier to engage in …
Persistent link: https://www.econbiz.de/10012464658
This article tells how the world achieved a working consensus on the core principles of monetary policy. The story … inflation follow from an international acceptance of these ideas? And how did a consensus theoretical model develop in academia …
Persistent link: https://www.econbiz.de/10012465067
The Gold Pool (1961-1968) was one of the most ambitious cases of central bank cooperation in history. Major central banks pooled interventions - sharing profits and losses - to stabilize the dollar price of gold. Why did it collapse? From at least 1964, the fate of the Pool was in fact tied to...
Persistent link: https://www.econbiz.de/10012453697
This paper places current efforts at international economic policy coordination in historical perspective. It argues …
Persistent link: https://www.econbiz.de/10012460992
system: international liquidity and exchange rate management. Despite radical changes since World War II in the market … context for liquidity and exchange rate concerns, they remain central to discussions of international macroeconomic policy …
Persistent link: https://www.econbiz.de/10012461016
We argue that the intrinsic inefficiency of proprietary software has historically created a space for alternative institutions that provide software as a public good. We discuss several sources of such inefficiency, focusing on one that has not been described in the literature: the...
Persistent link: https://www.econbiz.de/10012463702