Showing 1 - 10 of 182
, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform …
Persistent link: https://www.econbiz.de/10013006606
, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform …
Persistent link: https://www.econbiz.de/10013058310
pure monopoly. We extend this model by examining cases of perfect competition and a vertically integrated domestic company … larger are the backward linkage effects. They reach their maximum under perfect competition in the intermediate goods market …
Persistent link: https://www.econbiz.de/10013316575
setting, we study the trade and welfare implications of labor market deregulation and compare these implications with the … consequences of product market deregulation. Thereby, we take into account that labor market reforms are subject to national policy … decisions and thus associated with unilateral intervention, while product market deregulation is determined at an international …
Persistent link: https://www.econbiz.de/10013119394
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate change induces a structural change to the more productive sector, economies can benefit from climate change though productivities in both sectors are reduced. If climate change...
Persistent link: https://www.econbiz.de/10012992447
We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the...
Persistent link: https://www.econbiz.de/10013063394
the findings can be related to an incumbency externality effect and to the theory of voter preferences for divided …
Persistent link: https://www.econbiz.de/10013112896
Up to now there was a general conviction that increasing unemployment and inflation have a negative impact on the government's popularity. This was true for Germany as well, but it does not seem to hold any longer. This paper first reviews the results of earlier periods before presenting new...
Persistent link: https://www.econbiz.de/10013149367
This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …
Persistent link: https://www.econbiz.de/10013136650
We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...
Persistent link: https://www.econbiz.de/10013100013