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Subsidizing firm entry in open economies
Pflüger, Michael; Südekum, Jens - 2009
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10010271259
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Social Interactions in Unemployment
Lalive, Rafael - 2003
This paper studies the relevance of social interactions among the unemployed. Identification is based on a salient and selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change affects entitled individuals not only directly,...
Persistent link: https://www.econbiz.de/10010261540
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Defensive Innovations
Koeniger, Winfried - 2002
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10010262794
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Employment, exchange rates and labour market rigidity
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2010
There is increasing evidence that the interaction between shocks and labour market institutions is crucial to understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model affects the impact of exchange rate movements on...
Persistent link: https://www.econbiz.de/10010269855
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Much ado about nothing? Do domestic firms really benefit from foreign direct investment?
Görg, Holger; Greenaway, David - 2003
Governments the world over offer significant inducements to attract inward investment, motivated by the expectation of … productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …
Persistent link: https://www.econbiz.de/10010265405
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Globalization and innovation in emerging markets
Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - 2008
Globalization brings opportunities and pressures for domestic firms in emerging market economies to innovate and improve their competitive position. Using recent data on firms in 27 transition economies, we test for the effects of globalization through the impact of increased competition and...
Persistent link: https://www.econbiz.de/10010268909
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Potential, prizes and performance : testing tournament theory with professional tennis data
Sunde, Uwe - 2003
This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the … contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been … underlies any agency theory about elimination tournaments, and has been empirically tested in other contexts. The evidence …
Persistent link: https://www.econbiz.de/10010261647
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How Outsourcing Affects Bilateral Political Relations
Polachek, Solomon W. - 2004
One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment), thereby affecting political relations. However, at least as far back as 1750, economic philosophers such as Baron de Montesquieu in his L?Esprit des Lois, argued, ?peace is the...
Persistent link: https://www.econbiz.de/10010262075
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International capital market integration, educational choice and economic growth
Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005
thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …
Persistent link: https://www.econbiz.de/10010267663
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Earnings over the lifecycle: the Mincer earnings function and its applications
Polachek, Solomon W. - 2007
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10010268458