Showing 1 - 10 of 562
This paper studies foreign direct investment (FDI) spillovers on gender labor market practices of domestic firms, based …
Persistent link: https://www.econbiz.de/10012270542
We show that a minimum wage introduced in the presence of asymmetric information about worker productivities will lead to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric information. -- minimum wages ; unemployment ; asymmetric...
Persistent link: https://www.econbiz.de/10003833327
prevents the emergence of trade in services, at considerable potential cost to firms operating in the EU. The paper discusses …
Persistent link: https://www.econbiz.de/10003850864
macroeconomic adjustment, general market deregulation, and promotion of private investment in the provision of public infrastructure …
Persistent link: https://www.econbiz.de/10011507688
We augment the canonical neoclassical model of trade to allow for interstate disputes over land, oil, water, or other … resources. The costs of such disputes in terms of arming depend on the trade regime in place. Under either autarky or free trade …, the larger country (in terms of factor endowments) need not to be more powerful. Yet, under free trade, there is a …
Persistent link: https://www.econbiz.de/10003850881
, 5 per cent of the value of their intra-EU trade. This figure is probably higher for other EU Member States. Obviously …, the costs constitute a (differentiated) border tax that impedes intra-EU trade. The paper analyses the determinants of the … compliance costs, as well as their effect on intra-EU trade intensity. The paper submits that the differential compliance costs …
Persistent link: https://www.econbiz.de/10011398053
parental human capital; (2) intergenerational transfers are accomplished via investment in the education of the younger …
Persistent link: https://www.econbiz.de/10011399283
Our friend and colleague Rüdiger Dornbusch passed away before he was able tocomplete his book based on the Munich Lectures in Economics that he gave inNovember 17, 1998, at the Center for Economic Studies of Ludwig-Maximilians-Universität.The lectures contain a fascinating overview of the...
Persistent link: https://www.econbiz.de/10011507825
foreign trade.Rüdiger Dornbusch passed away on July 25, 2002, before he was able to finalize the manuscript of his most …
Persistent link: https://www.econbiz.de/10011541194
firms in making their investment decisions. We use a revealed preference approach that relies on the pattern of investment … spending - combined with investment theory - to estimate the discount rates used by managers. The standard story predicts that … firms with high stock prices and good investment opportunities should have discount rates that do not differ systematically …
Persistent link: https://www.econbiz.de/10009153871