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Fixed transaction costs and delivery lags are important costs of international trade. These costs lead firms to import …)-type inventory management problem successfully accounts for these features of the data. Moreover, the model can account for import … and import price dynamics in the aftermath of large devaluations. In particular, desired inventory adjustment in response …
Persistent link: https://www.econbiz.de/10010292145
. How would an increase in FDI and a reduction in import tariff levels in isolation affect household welfare and other … that the two policies will have different impact on macroeconomic indicators, inter alia exchange rate, export, import and …
Persistent link: https://www.econbiz.de/10010343383
We examine if international trade improves labor market integration of immigrants in Sweden. Immigrants participate substantially less than natives in the labor market. However, trading with a foreign country is expected to increase the demand for immigrants from that country. By hiring...
Persistent link: https://www.econbiz.de/10013208875
This paper develops and implements a novel test of the Stolper-Samuelson theorem. We use nationally-representative matched employer-employee panel data from 1997 through 2015 to study the effect of the rise in China's exports on French worker earnings. Our version of the Stolper-Samuelson...
Persistent link: https://www.econbiz.de/10012653022
We examine if international trade improves labor market integration of immigrants in Sweden. Immigrants participate substantially less than natives in the labor market. However, trading with a foreign country is expected to increase the demand for immigrants from that country. By hiring...
Persistent link: https://www.econbiz.de/10012654461
We explain excess volatility, short-term momentum and long-term reversal of asset prices by a repeated game version of Keynes beauty contest. In every period the players can either place a buy or sell order on the asset market. The actual price movement is determined by average market orders and...
Persistent link: https://www.econbiz.de/10005859323
This baseline report has been developed for an impact evaluation of a social and behaviour change communication (SBCC …
Persistent link: https://www.econbiz.de/10012030388
of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and … monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so … monitoring and sanctions than in the other two systems. Workfare appears to be inferior to the other two systems. …
Persistent link: https://www.econbiz.de/10010321532
sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is …
Persistent link: https://www.econbiz.de/10010321601
's losses by engaging in costly monitoring activities. It is paradoxical that a behavior with such negative consequences is …
Persistent link: https://www.econbiz.de/10010335981