Showing 1 - 10 of 102
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
The average height of children is an indicator for the quality of nutrition and health care. Heights have never declined over longer time spans in Eastern Germany since 1880 - except for the most recent period 1997-2006. In the Eastern German Land of Brandenburg, a data set of 253,050 pre-school...
Persistent link: https://www.econbiz.de/10013316616
We present a dynamic quantitative trade and migration model that incorporates downward nominal wage rigidities and show how this framework can generate changes in unemployment and labor participation that match those uncovered by the empirical literature studying the “China shock.” We find...
Persistent link: https://www.econbiz.de/10014244023
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
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...
Persistent link: https://www.econbiz.de/10012841145
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
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