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Signalling and commitment : monetary versus inflation targeting

Gersbach, Hans; Hahn, Volker - 2003

Persistent link: https://www.econbiz.de/10013424367

Testing for trade-induced investment-led growth

Baldwin, Richard E.; Seghezza, Elena - 1996

Persistent link: https://www.econbiz.de/10000928508

Trade-induced investment-led growth

Baldwin, Richard E. - 1996

Persistent link: https://www.econbiz.de/10013422230

Exit and power in general equilibrium

Gersbach, Hans; Haller, Hans - 2008

We We integrate individual power in groups into general equilibrium models. The relationship between group formation, resource allocation, and the power of specific individuals or particular sociological groups is investigated. We introduce, via an illustrative example, three appealing concepts...

Persistent link: https://www.econbiz.de/10010264415

Campaigns, political mobility, and communication

Gersbach, Hans - 2009

We present a model of elections in which interest group donations allow candidates to shift policy positions. We show that if donations were prohibited, then a unique equilibrium regarding the platform choices of candidates would exist. Our game with financing of political campaigns exhibits two...

Persistent link: https://www.econbiz.de/10010266018

Democratic provision of divisible public goods

Gersbach, Hans - 2010

In this paper we examine the potential of democratic constitutions for the provision of divisible public goods in a large economy. Our main insights are as follows: When aggregate shocks are absent, the combination of the following rules yields first-best allocations: a supermajority rule, equal...

Persistent link: https://www.econbiz.de/10010266097

Self-financing environmental mechanisms

Breitscheidel, Jörg; Gersbach, Hans - 2005

We explore the design of self-financing tax/subsidy mechanisms to solve hold-up problems in environmental regulation. Under Cournot competition, announcing the subsidy rate seems to be preferable to announcing the tax rate. Moreover, for constant marginal damage the hold-up problem can always be...

Persistent link: https://www.econbiz.de/10010271818

Information markets, elections and contracts

Gersbach, Hans; Müller, Markus - 2011

problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and … democratic elections. An information market is used to predict the long-term performance of a policy, while threshold contracts … stipulate a price level on the political information market that a politician must reach to have the right to stand for …

Persistent link: https://www.econbiz.de/10010274852

Investment creation and investment diversion : simulation analysis of the Single Market programme

Baldwin, Richard E.; Forslid, Rikard; Haaland, Jan I. - 1995

Persistent link: https://www.econbiz.de/10000554786

A domino theory of regionalism

Baldwin, Richard E. - 1993

Persistent link: https://www.econbiz.de/10000141373

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