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Economic Sanctions and Trade Flows in the Neighbourhood
Bove, Vincenzo; Di Salvatore, Jessica; Nisticò, Roberto - 2023
We investigate the effect of economic sanctions on trade flows in countries sharing a border with sanctioned states. According to trade models, sanctions are expected to reduce trade flows as they disrupt established trading routes and economic relationships with suppliers and customers....
Persistent link: https://www.econbiz.de/10014260611
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A Review of the Circular Economy and its Implementation
Heshmati, Almas - 2016
Circular economy (CE) is a sustainable development strategy that is being proposed to tackle urgent problems of environmental degradation and resource scarcity. CE's 3R principles are to reduce, reuse and recycle materials. The principles account for a circular system where all materials are...
Persistent link: https://www.econbiz.de/10013001862
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Business Conditions and Default Risks Across Countries
Pflüger, Michael - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10013128748
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Globalization and Strategic Research Investments
Bohnstedt, Anna - 2011
We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into basic research to improve their technological potential. These research investments tighten firm selection and raise the average productivity of firms in the market, thereby...
Persistent link: https://www.econbiz.de/10013131927
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Labor Market Adjustments after a Large Import Shock : Evidence from the German Clothing Industry and the Multi-Fibre Arrangement
Braakmann, Nils - 2009
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
Persistent link: https://www.econbiz.de/10013153171
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Industrialization Under Medieval Conditions? Global Development after Covid-19
Naudé, Wim - 2021
of the medieval world. It comes at a time when innovation had already been stagnating under guild-like corporate … industrial revolution (4IR) to a premature end. Hence the post-COVID-19 world may be left with trade as the only engine for … industrialization for the foreseeable future. If the global community fails to fix the multilateral trade system, the world may start to …
Persistent link: https://www.econbiz.de/10013315031
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Emotions, Sanctions and Cooperation
Joffily, Mateus - 2011
We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and punishment in a social dilemma. Emotional reaction to free-riding incites individuals to apply sanctions when they are available. The application of sanctions activates a...
Persistent link: https://www.econbiz.de/10013127956
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Certainty and Severity of Sanctions in Classical and Behavioral Models of Deterrence : A Survey
Entorf, Horst - 2012
This survey summarizes the classical fundamentals of modern deterrence theory, covers major theoretical and empirical findings on the impact of certainty and severity of punishment (and the interplay thereof) as well as underlying methodological problems, gives an overview of limitations and...
Persistent link: https://www.econbiz.de/10013106951
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Sanctions for Young Welfare Recipients
van den Berg, Gerard J. - 2013
these obligations, a sanction involving a punitive benefits reduction may be imposed. In this paper we give an overview of … on job finding probabilities. Our results suggest that each type of sanction leads to an increased transition rate to …
Persistent link: https://www.econbiz.de/10013074831
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Under Heavy Pressure : Intense Monitoring and Accumulation of Sanctions for Young Welfare Recipients in Germany
van den Berg, Gerard J. - 2017
cash benefit is withdrawn for three months. A second sanction of the same type within one year implies a complete benefit … unobservables into account. Our results suggest that both the first and the second sanction increase the probability of finding a … job, but that these jobs go along with lower earnings due to first but not the second sanction. Moreover, first sanctions …
Persistent link: https://www.econbiz.de/10012957479