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oligopoly. This paper proposes a non-cooperative foundation for "Nash-in-Nash" bargaining that extends the Rubinstein (1982 …
Persistent link: https://www.econbiz.de/10012458024
. Properly constructed, the game transfers significant oligopoly profits to the consumer. Australia's success -- she reaps …Australia pays less than other developed nations for her pharmaceuticals, about 45% as much as the United States. She …
Persistent link: https://www.econbiz.de/10012475217
mechanism and test the over-identifying restrictions for Australia, Canada, and New Zealand. For all three countries …
Persistent link: https://www.econbiz.de/10012480727
Using original data from two waves of a survey conducted in March and April 2020 in eight OECD countries (N = 21,649), we show that women are more likely to see COVID-19 as a very serious health problem, to agree with restraining public policy measures adopted in response to it, and to comply...
Persistent link: https://www.econbiz.de/10012481554
Although nation-based systems of financial regulation constitute a second-best approach to global welfare maximization, treacherous accountability problems must be acknowledged and resolved before regulatory cooperation can deal fairly and efficiently with cross-border issues. To track and...
Persistent link: https://www.econbiz.de/10012466806
several former colonies of Great Britain: the United States, Canada, Australia, New Zealand and South Africa. We trace out …
Persistent link: https://www.econbiz.de/10012468857
remotely one or more days per week rose more than three-fold in the U.S and by a factor of five or more in Australia, Canada …
Persistent link: https://www.econbiz.de/10014247927
central bank balance sheets. We analyze the experience in seven advanced economies (Australia, Canada, Euro area, New Zealand …
Persistent link: https://www.econbiz.de/10014528361
We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of greater misallocation in Mexico is the weaker...
Persistent link: https://www.econbiz.de/10012938686
How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10012480470