Similar Search Results

Reopening Pandora's box in search of a WTO-compatible industrial policy? : the Brazil - taxation dispute

Ornelas, Emanuel; Puccio, Laura - 2019

Japan against seven different Brazilian industrial subsidy programmes. One concerned the automotive sector and represents a … or imports. The ensuing WTO dispute raises important issues concerning the WTO-compatibility of subsidy measures. In … particular, the Appellate Body (AB) reversed the panel findings with respect to two issues: the extent to which subsidy measures …

Persistent link: https://www.econbiz.de/10012119943

Optimal risk-sharing in mortgage contracts : the effects of potential prepayment and default

Brueckner, Jan K.; Lee, Kangoh - 2014

of optimal risk-sharing in mortgage contracts. But since only a small literature has studied this question, more research …'s (1986a) model, using it to characterize optimal contracts in the absence of mortgage termination, and then exploring how …

Persistent link: https://www.econbiz.de/10010412302

An equilibrium analysis of marriage, divorce and risk-sharing

Anderberg, Dan - 2001

This paper considers family formation and reciprocity-based cooperation in the form of sharing of earnings-risk. While risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be multiple equilibria diering not only in divorce rates...

Persistent link: https://www.econbiz.de/10011399734

Government size, trade openness, and output volatility : a case of fully integrated economies

Fujii, Eiji - 2015 - This version: October 2015

Government is often considered the safe sector of an open economy that provides households with insurance against external risk exposure. Among highly integrated economies, however, households should be able to exploit common financial markets to insure themselves. In this paper we examine the...

Persistent link: https://www.econbiz.de/10011350143

Financial market responses to a natural disaster : evidence from local credit networks and the Indian Ocean tsunami

Czura, Kristina; Klonner, Stefan - 2018

Conventional wisdom in economics holds that traditional credit and insurance networks are inapt for insuring against covariate risks such as natural hazards. We challenge this claim by examining changes in financial allocations in Rotating Savings and Credit Associations (Roscas), a popular...

Persistent link: https://www.econbiz.de/10011931550

Funded and unfunded pension schemes : risk, return and welfare

Miles, David - 2000

of return and income risks and also upon the actuarial fairness of annuity contracts. …

Persistent link: https://www.econbiz.de/10009781509

Non-cooperative and cooperative policy reforms under uncertainty and spillovers

Hefeker, Carsten; Neugart, Michael - 2017

When countries need to implement costly economic policy reforms, these often imply uncertainties about their effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these circumstances countries implement too few or too many policy...

Persistent link: https://www.econbiz.de/10011602603

Optimal pollution control in a mixed oligopoly with research spillovers

Haruna, Shoji; Goel, Rajeev K. - 2018

certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …

Persistent link: https://www.econbiz.de/10011800081

Spite in litigation

Mill, Wladislaw; Stäbler, Jonathan - 2023

This paper studies how litigation and settlement behavior is affected by agents motivated by spiteful preferences under the American and the English fee-shifting rule. We conduct an experiment and find that litigation expenditures and settlement requests are higher for more spiteful...

Persistent link: https://www.econbiz.de/10013555697

Awareness reduces racial bias

Pope, Devin G.; Price, Joseph; Wolfers, Justin - 2014

Can raising awareness of racial bias subsequently reduce that bias? We address this question by exploiting the widespread media attention highlighting racial bias among professional basketball referees that occurred in May 2007 following the release of an academic study. Using new data, we...

Persistent link: https://www.econbiz.de/10010250030