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elastic to net post-tax real wages, and hence reduced by taxation. In a setting where preferences are isoelastic, deregulation … regulation for some goods. I provide sufficient conditions for deregulation, i.e. a general reduction in price floors, to be …
Persistent link: https://www.econbiz.de/10012892197
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...
Persistent link: https://www.econbiz.de/10012843419
costs. Our theory considers that shipment processing times at the port of entry are random and firms choose lead times to … buffer processing shocks. Based on this theory, we employ detailed data on import processing dates, instrumental variables …
Persistent link: https://www.econbiz.de/10013219078
Entrepôts are hubs that facilitate trade between various origins and destinations. We study the role these hubs, and the networks they form, play in international trade. Using novel data, we trace the paths of containerized goods entering the United States. We show that the majority of trade is...
Persistent link: https://www.econbiz.de/10012837477
Trade costs are crucial in new economic geography (NEG) models. The unavailability of actual trade costs data requires the approximation of trade costs. Most NEG studies do not deal with the ramifications of the particular trade costs specification used. This paper shows that the specification...
Persistent link: https://www.econbiz.de/10013316892
dominate hard limits with respect to equilibrium efficiency of reform provision …
Persistent link: https://www.econbiz.de/10013236278
A model that only focuses on economics relations, and in which efficiency and equity are defined in terms of resource … game of social interactions, and define comprehensive notions of efficiency and equity. Social interactions provide …
Persistent link: https://www.econbiz.de/10013214345
inequity). This tradeoff between efficiency and equity is the primary focus of this paper. We investigate how the distribution …
Persistent link: https://www.econbiz.de/10013322787
This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...
Persistent link: https://www.econbiz.de/10012844204
This paper develops a simple economic model to examine how leadership styles in organizations depend on the prevailing wage-setting conditions for workers. In particular, we examine a leader who can - in addition to the use of monetary incentives - motivate a worker by adopting leadership styles...
Persistent link: https://www.econbiz.de/10012861392