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Banerjee, Abhijit; Duflo, Esther - C.E.P.R. Discussion Papers - 2006

This paper uses survey data from 13 countries to document the economic lives of the poor (those living on less than $2 dollar per day per capita at purchasing power parity) or the extremely poor (those living on less than $1 dollar per day). We describe their patterns of consumption and income...

Persistent link: https://www.econbiz.de/10005497941

Productivity in Cities: Self-Selection and Sorting

Venables, Anthony J - C.E.P.R. Discussion Papers - 2010

Productivity is high in cities partly because the urban environment acts as a self-selection mechanism. If workers have …. The mechanism may be reinforced by the development of informational networks in cities with a large proportion of high …

Persistent link: https://www.econbiz.de/10008682886

Euro Area Government Bonds—Integration and Fragmentation During the Sovereign Debt Crisis

Ehrmann, Michael; Fratzscher, Marcel - C.E.P.R. Discussion Papers - 2015

in yields following the OMT announcement, the high current degree of fragmentation poses difficult challenges for policy …-makers, since it leads to an unequal transmission of the ECB’s monetary policy to the various countries. …

Persistent link: https://www.econbiz.de/10011276387

Cartels Uncovered

Hyytinen, Ari; Steen, Frode; Toivanen, Otto - C.E.P.R. Discussion Papers - 2010

How many cartels are there? The answer is important in assessing the efficiency of competition policy. We present a … industry or not. Our model identifies key policy parameters from data generated under different competition policy regimes and …

Persistent link: https://www.econbiz.de/10008468608

Endogenous Minimum Participation in International Environmental Treaties

Carraro, Carlo; Marchiori, Carmen; Oreffice, Sonia - C.E.P.R. Discussion Papers - 2004

Many international treaties come into force only after a minimum number of countries have signed and ratified the treaty. Why do countries agree to introduce a minimum participation constraint among the rules characterizing an international treaty? This question is particularly relevant in the...

Persistent link: https://www.econbiz.de/10005123732

On the Consequences of the US Withdrawal from the Kyoto/Bonn Protocol

Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor - C.E.P.R. Discussion Papers - 2002

The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties has important implications for both the effectiveness and the efficiency of future climate policies. Among these implications, those related with technical change and...

Persistent link: https://www.econbiz.de/10005124246

Can Equity Enhance Efficiency? Some Lessons from Climate Negotiations

Bosello, Francesco; Buchner, Barbara; Carraro, Carlo; … - C.E.P.R. Discussion Papers - 2003

free-riding incentives is a policy mix in which global emission trading is coupled with a transfer mechanism designed to …

Persistent link: https://www.econbiz.de/10005136584

The Welfare Effects of Bundling in Multichannel Television Markets

Crawford, Gregory S; Yurukoglu, Ali - C.E.P.R. Discussion Papers - 2011

We measure how the bundling of television channels affects welfare. We estimate an industry model of viewership, demand, pricing, bundling, and input market bargaining using data on ratings, purchases, prices, bundles, and input costs. We conduct simulations of à la carte policies that require...

Persistent link: https://www.econbiz.de/10009001064

Exchange Rate Regimes in the Modern Era: Fixed, Floating, and Flaky

Rose, Andrew K - C.E.P.R. Discussion Papers - 2010

This paper provides a selective survey of the incidence, causes, and consequences of a country’s choice of its exchange rate regime. I begin with a critical review of Klein and Shambaugh’s (2010) book Exchange Rate Regimes in the Modern Era, and then proceed to provide an alternative...

Persistent link: https://www.econbiz.de/10008611016

Rural-Urban Migration and Unemployment: Theory and Policy Implications

Zenou, Yves - C.E.P.R. Discussion Papers - 2010

migration. In this respect, the employment subsidy policy can backfire by raising rather than reducing urban unemployment. … that it is unique. We then consider two policies: decreasing urban unemployment benefits and subsidizing urban employment …. We find that decreasing the unemployment benefit in the city creates urban jobs and reduces rural-urban migration since …

Persistent link: https://www.econbiz.de/10008784746

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