Showing 1 - 10 of 141
Six main characteristics of an economic order are discussed and empirically evaluated for the case of Slovenia. All of them pertain to the institutional setting ab urbe condita; they comprise the legal and jurisdictional situation, the role of private property, the institutionalised strive at...
Persistent link: https://www.econbiz.de/10010275197
Coordination is a fundamental principle for economic policy in the EU. There is a consensus that soft coordination (exchange of information, general guidelines for economic policy) is useful. Whether stabilization policies should be coordinated is another matter. Against the background of the...
Persistent link: https://www.econbiz.de/10010273159
Trade preferences provide a potential policy tool for supporting refugee employment in countries of first asylum. Thus, in the context of the EU-Jordan Compact agreed in 2016, the EU eased the rules of origin for Jordanian exporters employing a minimum share of Syrian refugees. The use of trade...
Persistent link: https://www.econbiz.de/10011881286
This paper investigates if the euro's effect on euro-area trade differs across trade sectors and across country pairs, and to what degree heterogeneity matters for estimating the aggregate euro effect. Time-varying latent variables, which are specific to each sector in each country pair, control...
Persistent link: https://www.econbiz.de/10010270031
This paper analyzes intergenerational redistribution in a 2-period overlapping- generations model that allows for heterogeneous labor productivities within the working generation. In each period, the government decides about redistributive transfers to maximize the aggregate utility of the...
Persistent link: https://www.econbiz.de/10010331072
In this paper redistribution policy is analyzed in a 2-period overlapping generations model with heterogeneous individuals and asymmetric information between the government and the private sector. Individuals of the same generation differ with respect to their labor productivity. In each period,...
Persistent link: https://www.econbiz.de/10010275329
An overlapping generations model is set up in this paper to analyze social security policy in a representative democracy with asymmetric information. The model considers not only redistribution between generations but also redistribution within generations according to individual labor incomes....
Persistent link: https://www.econbiz.de/10010275705
firms, the flow of technology and the migration of people. These rules have to make sure that individuals, individual … been introduced to ease patent applications. TRIPS protects intellectual property. Rules for labor migration relate to the … a pecking order between trade, capital flows and migration. …
Persistent link: https://www.econbiz.de/10010291767
endogeneity of migration through an instrumental variable estimation our empirical results show that international migration has a … the capital obtained from international migration only to overcome liquidity constraints for subsistence production … whereas migration itself seems to be the superior investment option compared to other productive activities such as livestock …
Persistent link: https://www.econbiz.de/10010294943
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of...
Persistent link: https://www.econbiz.de/10011372122