Narrow search
Showing 1 - 10 of 3,957
Cover Image
Informational Rents, Macroeconomic Rents, and Efficient Bailouts
Philippon, Thomas - 2011
We analyze government interventions to alleviate debt overhang among banks. Interventions generate two types of rents. Informational rents arise from opportunistic participation based on private information while macroeconomic rents arise from free riding. Minimizing informational rents is a...
Persistent link: https://www.econbiz.de/10012461931
Cover Image
Measuring Industry Specific Protection : Antidumping in the United States
Staiger, Robert W. - 1994
This paper provides estimates of the trade impacts of U.S. antidumping law and the determinants of suit filing activity … from 1980-1985. We study three possible channels through which the threat or mere possibility of antidumping duties can … antidumping law. We refer to these three non- duty effects as the investigation effect, the suspension effect, and the withdrawal …
Persistent link: https://www.econbiz.de/10012474232
Cover Image
Protection for Sale with Imperfect Rent Capturing
Facchini, Giovanni - 2005
Structurally estimating the Grossman and Helpman (1994) model using coverage ratios that include non-tariff barriers leads to biased parameter estimates. We develop a "protection for sale" theoretical framework consistent with the data, by explicitly allowing for non-tariff barriers. Introducing...
Persistent link: https://www.econbiz.de/10012467416
Cover Image
Shared Capitalism in the U.S. Economy? Prevalence, Characteristics, and Employee Views of Financial Participation in Enterprises
Kruse, Douglas L. - 2008
Between one-third and one-half of employees participate directly in company performance through profit sharing, gainsharing, employee ownership, or stock options. This flies in the face of concerns about the free rider problem and worker risk aversion in group incentives, and raises many...
Persistent link: https://www.econbiz.de/10012464414
Cover Image
Worker Needs and Voice in the US and the UK
Bryson, Alex - 2006
Workers have responded differently to declining union density in the US and UK. US workers have unfilled demand for unions whereas many UK workers free-ride at unionized workplaces. To explain this difference, we create a scalar measure of worker needs for representation and relate desire for...
Persistent link: https://www.econbiz.de/10012466359
Cover Image
Could the U.S. Iron Industry Have Survived Free Trade After the Civil War?
Irwin, Douglas A. - 2000
An unresolved question concerning post-Civil War U.S. industrialization is the degree to which import tariffs protected domestic manufacturers from foreign competition. This paper considers the impact of import tariffs on the domestic pig iron industry, the basic building block of the entire...
Persistent link: https://www.econbiz.de/10012471127
Cover Image
Protectionist Pressures, Imports, and Employment in the United States
Krueger, Anne O. - 1980
This paper assesses the theoretical and empirical basis for American labor union leaders' contention that imports have been a big source of job loss in the United States. It is shown, first, that identification of job losses "due to imports" is exceptionally difficult because economic growth...
Persistent link: https://www.econbiz.de/10012478683
Cover Image
Trade Protectionism and US Manufacturing Employment
Li, Chunding - 2019
This paper uses a numerical global general equilibrium model to simulate the possible effects of US initiated trade protection measures on US manufacturing employment. The simulation results show that US trade protection measures do not increase but will instead reduce manufacturing employment,...
Persistent link: https://www.econbiz.de/10012479809
Cover Image
Trade Restrictiveness and Deadweight Losses from U.S. Tariffs, 1859-1961
Irwin, Douglas A. - 2007
This paper calculates the Anderson-Neary (2005) trade restrictiveness index (TRI) for the United States using nearly a century of data. The results show that the standard import-weighted average tariff understates the TRI, defined as the uniform tariff that yields the same welfare loss as the...
Persistent link: https://www.econbiz.de/10012465199
Cover Image
The Smoot-Hawley Trade War
Mitchener, Kris; Wandschneider, Kirsten; O'Rourke, … - National Bureau of Economic Research - 2021
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...
Persistent link: https://www.econbiz.de/10012496170