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Macro news and exchange rates in the BRICS
Caporale, Guglielmo Maria; Spagnolo, Fabio; Spagnolo, Nicola - 2016
This paper examines the effects of newspaper headlines on the exchange rates visa-a-vis both the US dollar and the euro for the currencies of the BRICS (Brazil, Russia, India, China and South Africa). The data are daily and cover the period 03/1/2000-12/5/2013. The estimated VAR-GARCH(1,1) model...
Persistent link: https://www.econbiz.de/10011422554
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Negotiating to avoid "gradual" versus "dangerous" climate change : an experimental test of two prisoners' dilemmas
Barrett, Scott; Dannenberg, Astrid - 2014
According to the Framework Convention on Climate Change, global collective action is needed to stabilize "greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system." The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010229864
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On the sensitivity of collective action to uncertainty about climate tipping points
Barrett, Scott; Dannenberg, Astrid - 2014
Previous research shows that collective action to avoid a catastrophic threshold, such as a climate "tipping point", is unaffected by uncertainty about the impact of crossing the threshold but that collective action collapses if the location of the threshold is uncertain. Theory suggests that...
Persistent link: https://www.econbiz.de/10010249688
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Hidden persuaders : do small gifts lubricate business negotiations?
Maréchal, Michel André; Thöni, Christian - 2016
products company to study the influence of small gifts on the outcome of business negotiations. We find that small gifts matter … of their negotiations. However, we also find that small gifts tend to be counterproductive when purchasing and sales …
Persistent link: https://www.econbiz.de/10011472074
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The focusing effect in negotiations
Canidio, Andrea; Karle, Heiko - 2021
Two players with preferences distorted by the focusing effect (Koszegi and Szeidl, 2013) negotiate an agreement over several issues and one transfer. We show that, as long as their preferences are differentially distorted, an issue will be inefficiently left out of the agreement or inefficiently...
Persistent link: https://www.econbiz.de/10012619453
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Hidden persuaders : do small gifts lubricate business negotiations?
Maréchal, Michel André; Thöni, Christian - 2018
to study the influence of small gifts on the outcome of business negotiations. We find that small gifts matter. On … their negotiations. However, we also find that small gifts tend to be counterproductive when purchasing and sales agents …
Persistent link: https://www.econbiz.de/10011859309
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Gender differences in wage expectations and negotiation
Kiessling, Lukas; Pinger, Pia; Seegers, Philipp; … - 2023
reservation wages and that a difference in plans about "boldness" during prospective wage negotiations pertains to gender …
Persistent link: https://www.econbiz.de/10014444193
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Bringing the Copenhagen global climate change negotiations to conclusion
Whalley, John (contributor); Walsh, Sean (contributor) - 2008
In this paper we discuss the global negotiations now underway and aimed at achieving new climate change mitigation and … ongoing global negotiations on climate change and further rounds will almost certainly follow. We highlight both the vast … the negotiations is between OECD countries on the one hand, and lower wage, large population, rapidly growing countries …
Persistent link: https://www.econbiz.de/10003790759
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Moderating political extremism : single round vs runoff elections under plurality rule
Bordignon, Massimo; Tabellini, Guido Enrico - 2009
We compare single ballot vs dual ballot elections under plurality rule, assuming sincere voting and allowing for partly endogenous party formation. Under the dual ballot, the number of parties is larger but the influence of extremist voters on equilibrium policy is smaller, because their...
Persistent link: https://www.econbiz.de/10003824705
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The bail-out! : positive political economics of greek-type crises in the EMU
Fahrholz, Christian; Wójcik, Cezary - 2010
The Greek bail-out was highly controversial. An oft-heard assessment is that i) the bail-out was a mistake, ii) the political haggling over it was irrational and iii) the bail-out will create a moral hazard problem. Contrary to this view, our analysis suggests that, given EMU's present...
Persistent link: https://www.econbiz.de/10008697133