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A Tale of (Almost) 1001 Coefficients : Deep and Heterogeneous Effects of the Eu-Turkey Customs Union
Larch, Mario - 2019
In view of the deferred start of negotiations for the modernization of the Customs Union between the EU and Turkey (CU … additional increase in EU-Turkey manufacturing trade by 55-65% compared to the previously active Ankara Agreement. We also … provide evidence that the CU-EUT significantly increased Turkey’s trade with third countries. Additionally, a substantial …
Persistent link: https://www.econbiz.de/10012892084
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Road Capacity, Domestic Trade and Regional Outcomes
Coşar, Kerem; Demir, Banu; Ghose, Devaki; Young, Nathaniel - 2021
existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a …
Persistent link: https://www.econbiz.de/10013211730
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Inferring Tax Compliance from Pass-Through : Evidence from Airbnb Tax Enforcement Agreements
Bibler, Andrew - 2019
Tax enforcement can be prohibitively costly when market transactions and participants are difficult to observe. Evasion among market participants may reduce tax revenue and provide certain types of suppliers an undue competitive advantage. Whether efforts to fully enforce taxes are worthwhile...
Persistent link: https://www.econbiz.de/10012866041
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How Does the EU ETS Reform Impact Allowance Prices? The Role of Myopia, Hedging Requirements and the Hotelling Rule
Bocklet, Johanna; Hintermayer, Martin - 2021
This paper uses a discrete-time partial equilibrium model of the European Emissions Trading System (EU ETS) to analyze the impact of the recent reform on allowance prices. By including bounded rationality such as myopia or hedging requirements, we find that the Hotelling price path is no longer...
Persistent link: https://www.econbiz.de/10013315290
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Competition and gender prejudice : are discriminatory employers doomed to fail?
Weber, Andrea Maria; Zulehner, Christine - 2009
According to Becker's (1957) famous theory on discrimination, entrepreneurs with a strong prejudice against female workers forgo profits by submitting to their tastes. In a competitive market their firms lack efficiency and are therefore forced to leave. We present new empirical evidence for...
Persistent link: https://www.econbiz.de/10010277092
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PRC Industrial Policies Postdate Rather than Lead Economic Activity
Holz, Carsten A. - 2020
taken place since the early 2000s are driven more by profitability considerations and private entrepreneurship than by …
Persistent link: https://www.econbiz.de/10012841149
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The Good, the Bad, and the Ugly : Impact of Negative Interest Rates and QE on the Profitability and Risk-Taking of 1600 German Banks
Florian, Urbschat - 2019
about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making …
Persistent link: https://www.econbiz.de/10012892229
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On the Profitability of Cross-Ownership in Cournot Oligopolies : Stock Sizes Matter
Benchekroun, Hassan - 2020
We examine the profitability of cross-ownership in an oligopolistic industry where firms compete as Cournot rivals. We … over to the case of non-renewable resource industries. The profitability of a symmetric cross-ownership can be positive …
Persistent link: https://www.econbiz.de/10012824811
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Profit Taxation and Bank Risk Taking
Kogler, Michael - 2021
How can tax policy improve financial stability? Recent studies suggest large stability gains from eliminating the debt bias in corporate taxation. It is well known that this reform reduces bank leverage. This paper analyzes a novel, complementary channel: risk taking. We model banks’ portfolio...
Persistent link: https://www.econbiz.de/10013250732
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Profit Effects of Consumers’ Identity Management : A Dynamic Model
Laussel, Didier; Van Long, Ngo; Resende, Joana - 2021
We consider a non-durable good monopoly that collects data on its customers in order to profile them and subsequently practice price discrimination on returning customers. The monopolist’s price discrimination scheme is leaky, in the sense that an endogenous fraction of consumers choose to...
Persistent link: https://www.econbiz.de/10013213778