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Brand Management and Strategies Against Counterfeits
Qian, Yi - 2014
In this paper I provide a theory for brand-protection strategies to reduce counterfeiting under weak intellectual property rights. My theoretical framework has general implications for endogenous sunk cost investments as a means of deterring counterfeiters. My model incorporates two layers of...
Persistent link: https://www.econbiz.de/10013066603
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From Imitation to Innovation : Where is All that Chinese R&D Going?
König, Michael D.; Song, Zheng (Michael); … - 2022
China during the period 2007–12. The estimated model fits the Chinese data well. We compare the estimates with those …
Persistent link: https://www.econbiz.de/10013309719
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Chinese Firm and Industry Reactions to Antidumping Initiations and Measures
Chunding, Li - 2013
Because of large and rapid growing export volumes and its formal status as a non-market economy; China has been the … are against China; India, in turn, is the largest source of initiation against China by number of actions. Here we explore … empirically. We use industrial panel data on all Chinese firms in the industry, foreign firms operating within China and state …
Persistent link: https://www.econbiz.de/10013094234
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What Does Equity Sector Orderflow Tell Us About the Economy?
Beber, Alessandro - 2010
Investors rebalance their portfolios as their views about expected returns and risk change. We use empirical measures of portfolio rebalancing to back out investors' views, specifically their views about the state of the economy. We show that aggregate portfolio rebalancing across equity sectors...
Persistent link: https://www.econbiz.de/10013135882
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Monetary Policy, Doubts and Asset Prices
Benigno, Pierpaolo - 2010
Asset prices and the equity premium might reflect doubts and pessimism. Introducing these features in an otherwise standard New-Keynesian model changes in a quite substantial way the nature of the policy that maximizes the welfare of the consumers in the model. First, following productivity...
Persistent link: https://www.econbiz.de/10013137729
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Economic Conditions and the Quality of Suicide Terrorism
Benmelech, Efraim - 2010
We analyze the link between economic conditions and the quality of suicide terrorism. While the existing empirical literature shows that poverty and economic conditions are not correlated with the quantity of terror, theory predicts that poverty and poor economic conditions may affect the...
Persistent link: https://www.econbiz.de/10013138762
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The Euro and European Economic Conditions
Feldstein, Martin S. - 2011
The creation of the euro should now be recognized as an experiment that has led to the sovereign debt crisis in several countries, the fragile condition of major European banks, the high levels of unemployment, and the large trade deficits that now exist in most Eurozone countries. Although the...
Persistent link: https://www.econbiz.de/10013118129
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The Impact of the Macroeconomy on Health Insurance Coverage : Evidence from the Great Recession
Cawley, John - 2011
This paper investigates the impact of the macroeconomy on the health insurance coverage of Americans using panel data from the Survey of Income and Program Participation (SIPP) for 2004-2010, a period that includes the Great Recession of 2007-09. We find that a one percentage point increase in...
Persistent link: https://www.econbiz.de/10013118248
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Country Size, International Trade, and Aggregate Fluctuations in Granular Economies
di Giovanni, Julian - 2011
This paper proposes a new mechanism by which country size and international trade affect macroeconomic volatility. We study a multi-country, multi-sector model with heterogeneous firms that are subject to idiosyncratic firm-specific shocks. When the distribution of firm sizes follows a power law...
Persistent link: https://www.econbiz.de/10013121047
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Historical Oil Shocks
Hamilton, James D. - 2014
This paper surveys the history of the oil industry with a particular focus on the events associated with significant changes in the price of oil. Although oil was used much differently and was substantially less important economically in the nineteenth century than it is today, there are...
Persistent link: https://www.econbiz.de/10013068515