Showing 1 - 10 of 161
Purpose – The purpose of this paper is to investigate convergence or divergence trends at global scale. Design/methodology/approach – The paper questions the methodology and findings of the conventional convergence literature using linear OLS models. It introduces polynomial (quadratic)...
Persistent link: https://www.econbiz.de/10009194102
Purpose – The purpose of this paper is to reassess the relative impact of labour market regulation on economic … Europe. Design/methodology/approach – This paper compares the impact of labour market regulation to that of macroeconomic … test. Findings – The main result is that regulation impacts on growth, the impact of regulatory change is, however, less …
Persistent link: https://www.econbiz.de/10004964055
This paper examines the endogenous choice problem of each firm's price or quantity contract in a mixed duopoly composed of one social welfare maximizing public firm and one relative profit-maximizing private firm. In this paper, we show that unless the degree of product differentiation and the...
Persistent link: https://www.econbiz.de/10011116961
We consider strategic trade policy when two firms from two different countries that start out with different production costs compete in prices in a third country, and technology transfer between the two firms is possible through technology licensing. We find that optimal policy when technology...
Persistent link: https://www.econbiz.de/10011208934
Discusses the economic contributions of George Barclay Richardson. Detailing the Austrian and Marshallian aspects of his work, argues that all his contributions – on industrial organization, welfare economics, history of thought, etc. – are united in their concern with the co-ordination...
Persistent link: https://www.econbiz.de/10005003348
– increasing conflict between German-speaking and non-Germanspeaking institutions in Austria. German scholarship commanded high …
Persistent link: https://www.econbiz.de/10004987096
Using a panel of Colombian banks and quarterly data between 1996:1 and 2010:3, we study the relationship between short-run adjustments in bank capital buffers and the business cycle. We follow a partial adjustment framework and control for several variables that have been identified as important...
Persistent link: https://www.econbiz.de/10011048793
This paper presents an analysis of the market for checks using the monopoly problem as an approximation. The need for such an analysis arises due to the following policy proposal: from time to time, the Turkish government considers increasing the lump-sum amount that drawee banks are legally...
Persistent link: https://www.econbiz.de/10010573257
Regulation of telecommunications sector plays a crucial role in the political and economic agenda for both industrial … of regulation and the extended state interventionism. The main aim of this study is to examine the regulatory process in … effective regulation and investment. …
Persistent link: https://www.econbiz.de/10010636259
This paper examines the efficient allocation of international health aid. We built a simple macroeconomic model which considers an endogenous allocation of aid mixed between the public and the private channels. We derive a non-cooperative interaction-game involving the private sector, the donor...
Persistent link: https://www.econbiz.de/10010636302