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Previous empirical investigations provide evidence of substantial regional variation in the supply elasticity of … regulatory supply constraints, city level population, population density, and geographic constraints. This paper studies … indicating that the supply elasticity is largely a local phenomenon, i.e., dependent mainly on city specific factors rather than …
Persistent link: https://www.econbiz.de/10012503045
Climate protection should use environmental policy instruments that raise revenues, which can be used, for instance, to cut labour taxes to alleviate unemployment in economies suffering from high and persistent unemployment. This paper elaborates the possibilities of an employment dividend of...
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This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply … depend on the type (financial or physical) of contract fulfilment and are robust to different levels of demand uncertainty …
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Activities of international banks have been at the core of discussions on the causes and effects of the international financial crisis. Yet, we know little about the actual magnitudes and mechanisms for transmission of liquidity shocks through international banks, including the reasons for...
Persistent link: https://www.econbiz.de/10010393856