Showing 1 - 10 of 1,558
In "new" new international trade theory, whether firms export or not are determined by their productivity. These models …
Persistent link: https://www.econbiz.de/10013083086
). These shocks make the investment in developing an Artificial General Intelligence (AGI) subject to considerable uncertainty …
Persistent link: https://www.econbiz.de/10014083861
The transition process in Central and Eastern Europe was associated with growing environmental awareness. This paper analyses the determinants of Pollution Abatement and Control Expenditure (PACE) at plant level in the case of Romania using survey data and a Multilevel Regression Model (MRM)....
Persistent link: https://www.econbiz.de/10013069636
Protected areas represent a powerful policy tool for the preservation of ecosystems and their services. The rapid proliferation of protected areas in Bolivia over the past several decades has prompted interest in understanding their impacts on surrounding populations. Recent studies from other...
Persistent link: https://www.econbiz.de/10013110507
Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most prominent ones. We analyze the retirement decision of Belgian...
Persistent link: https://www.econbiz.de/10013071759
option theory. We derive the efficient separation rule. The model fits the observed distribution of job tenures well. Since …
Persistent link: https://www.econbiz.de/10012780583
The Coase theorem emphasizes the role transactions costs play in efficient market outcomes. We document inefficient outcomes, in the presence of a transactions cost, in southern California land markets and the corresponding transition to efficient outcomes after the transactions cost is...
Persistent link: https://www.econbiz.de/10013317335
A central assumption of the canonical cheap talk literature is that people misreport their private information if this is to their material benefit. Recent evidence from laboratory experiments with student subjects suggests, however, that while many people do report the payoff-maximizing...
Persistent link: https://www.econbiz.de/10013099099
The validity of existing empirical tests of the Pollution Haven Hypothesis (PHH) is constantly under scrutiny due to two shortcomings. First, the issues of unobserved heterogeneity and measurement error in environmental regulation are typically ignored due to the lack of a credible, traditional...
Persistent link: https://www.econbiz.de/10013067531
Environmental federalism refers to the debate over the 'optimal' level of government at which to delegate environmental policymaking. Although this issue receives widespread attention across the globe, opinions run the gamut. The diversity of views plays out in practice as well as different...
Persistent link: https://www.econbiz.de/10013071291