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Strategic supply function competition with private information
Vives, Xavier (contributor) - 2008
A Bayesian supply function equilibrium is characterized in a market where firms have private information about their uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition, competitiveness is affected by the parameters of the...
Persistent link: https://www.econbiz.de/10003763172
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Bank behavior and the cost channel of monetary transmission
Hülsewig, Oliver (contributor); Mayer, Eric (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003377604
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Strategic supply function competition with private information
Vives, Xavier - 2009
. Price-cost margins and bid shading are affected by the parameters of the information structure: supply functions are steeper …
Persistent link: https://www.econbiz.de/10003910453
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Childcare costs and the demand for children : evidence from a nationwide reform
Mörk, Eva; Sjögren, Anna; Svaleryd, Helena - 2010
families with children already enrolled in child care. -- childcare ; cost of children ; fertility ; quasi …
Persistent link: https://www.econbiz.de/10008697836
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Flexible contracts
Gottardi, Piero; Tallon, Jean-Marc; Ghirardato, Paolo - 2010
This paper studies the costs and benefits of delegating decisions to superiorly informed agents relative to the use of rigid, non discretionary contracts. Delegation grants some flexibility in the choice of the action by the agent, but also requires the use of an appropriate incentive contract...
Persistent link: https://www.econbiz.de/10003936681
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - 2010
In this paper we propose a novel way to model the labor market in the context of a New-Keynesian general equilibrium model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to replicate many important stylized facts of the business...
Persistent link: https://www.econbiz.de/10003937114
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International trade and monopolistic competition without CES : estimating translog gravity
Novy, Dennis - 2010
; trade cost elasticity ; heterogeneity ; zero trade …
Persistent link: https://www.econbiz.de/10003956003
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Outsourcing cost and tax progression under Nash wage bargaining with flexible outsourcing
Koskela, Erkki - 2010
It is analyzed the impacts of outsourcing cost and wage tax progression under labor market imperfections with Nash wage … bargaining and flexible outsourcing. With sufficiently strong (weak) labor market imperfection, lower outsourcing cost has a wage …
Persistent link: https://www.econbiz.de/10003994552
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Cutting costs of catching carbon : intertemporal effects under imperfect climate policy
Hoel, Michael; Jensen, Svenn - 2010
We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation … technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may … be more desirable than com-parable cost reductions related to renewable energy. The finding rests on the incentives …
Persistent link: https://www.econbiz.de/10008806063
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Fiscal competition in space and time : an endogenous-growth approach
Becker, Daniel Thomas (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003499558