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This paper challenges the common assumption of market segmentation in international trade. To analyze export entry and pricing decisions of firms in integrated vs. segmented markets, we develop a novel tractable approach based on stochastic export costs that allows us to compare firm-level and...
Persistent link: https://www.econbiz.de/10013315233
conditional on the entire voting profile, such a 'transnational lobby' can veto any proposal at no cost. If contributions are …
Persistent link: https://www.econbiz.de/10013316770
apparent mismatch between relative economic size and voting rights in the Council. We present a simple model of optimal … representation in a federal central bank addressing this question. Optimal voting weights reflect two opposing forces: the wish to … passive reaction to idiosyncratic national economic shocks. A perfect match between economic size and voting rights is rarely …
Persistent link: https://www.econbiz.de/10010261091
The European higher education landscape has become increasingly integrated causing competition among universities that is no longer bound to national borders. In view of this development, the present paper investigates the relative efficiency of 450 European universities between 2011 and 2014....
Persistent link: https://www.econbiz.de/10012842974
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This paper investigates regional or international transfers as a means to prevent immigration into unemployment. We analyze a two-country model with free migration in which the rich country is characterized by minimum wage unemployment. Matching grants for investment in infrastructure are...
Persistent link: https://www.econbiz.de/10010263931
We develop a two-country, two-sector model with a continuum of workers to address the link between migration and trade where policy is determined by a simple referendum. In particular, we address two questions. First, are states already in free trade areas more likely to support full integration...
Persistent link: https://www.econbiz.de/10010283588
This paper analyzes the a priori influence of the European Parliament (EP) and the Council of Ministers (CM) on legislation of the European Union adopted under its codecision procedure. In contrast to studies which use conventional power indices, both institutions are assumed to act...
Persistent link: https://www.econbiz.de/10010261094