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Price Discrimination within and across EMU Markets : Evidence from French Exporters
Fontaine, François - 2019
We study the cross-sectional dispersion of prices paid by EMU importers for French products. We document a significant level of price dispersion both within product categories across exporters, and within exporters across buyers. This latter source of price discrepancies, sellers' price...
Persistent link: https://www.econbiz.de/10012480190
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MPC Heterogeneity in Europe : Sources and Policy Implications
Ampudia, Miguel - 2018
France while expansions have a larger impact in Italy and Spain …
Persistent link: https://www.econbiz.de/10012480733
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The Effect of Macroeconomic Uncertainty on Household Spending
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - National Bureau of Economic Research - 2021
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10012496179
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Congressional Vote Options
King, David C. - 1999
Among political practitioners, there is conventional wisdom about the outcomes of critical and salient legislative votes. 'This vote,' we hear, ' will either win by a little or lose by a lot.' Real-world examples suggest coalition leaders purchase 'hip-pocket' votes and "if you need me" pledges,...
Persistent link: https://www.econbiz.de/10012471442
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The Generalized War of Attrition
Bulow, Jeremy - 1997
We generalize the War of Attrition model to allow for N + K firms competing for N prizes. Two special cases are of particular interest. First, if firms continue to pay their full costs after dropping out (as in a standard-setting context), each firm's exit time is independent both of K and of...
Persistent link: https://www.econbiz.de/10012472956
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Voting on the Budget Deficit
Alesina, Alberto - 1988
This paper analyzes a model in which different rational individuals vote over the composition and time profile of public spending. Potential disagreement between current and future majorities generates instability in the social choice function that aggregates individual preferences. In...
Persistent link: https://www.econbiz.de/10012476301
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The Role of Advisory Services in Proxy Voting
Alexander, Cindy R. - 2009
This paper studies the information content and consequences of third-party voting advice issued during proxy contests …. We find that voting advice is a good predictor of contest outcomes and that vote recommendations appear to certify the …
Persistent link: https://www.econbiz.de/10012463507
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Protecting Minorities in Binary Elections : A Test of Storable Votes Using Field Data
Casella, Alessandra - 2008
Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is <i>Storable Votes</i>:...
Persistent link: https://www.econbiz.de/10012464542
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Friends in High Places
Cohen, Lauren - 2010
We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U … consistent predictors of voting behavior. For the former, we estimate sharp measures that control for common characteristics of … networks on voting. We find that the effect of alumni networks is close to 60% of the size of the effect of state …
Persistent link: https://www.econbiz.de/10012462219
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Freedom of Speech, Deterrence, and Compellence in the Parliament
Altindag, Duha Tore; Mocan, Naci; Zhang, Jie - National Bureau of Economic Research - 2021
This paper presents the first empirical analysis of the impact of Parliamentary immunity on the behavior and performance of politicians. Leveraging a Constitutional Amendment, the adoption of which lifted the immunity of 132 of the 550 members of the Turkish Parliament, we find that losing...
Persistent link: https://www.econbiz.de/10012496085