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Social Policy Dimensions of Economic Integration : Environmental and Labour Standards
Anderson, Kym - 2021
Social policies, particularly environmental and labour issues, are not new to trade policy fora including the GATT. However, they are likely to have a more prominent role in trade policy discussions in the years ahead for the new World Trade Organization. Many developing countries perceive the...
Persistent link: https://www.econbiz.de/10013249224
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Observations on International Labor Standards and Trade
Krueger, Alan B. - 2021
This paper reviews the theoretical arguments for and against linking international labor standards to trade. Based on theory alone it is difficult to generalize about the effect of labor standards on efficiency and equity. Some economists have argued that international labor standards are merely...
Persistent link: https://www.econbiz.de/10013313652
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Trade Wars : The Exaggerated Impact of Trade in Economic Debate
Freeman, Richard B. - 2021
The rules governing trade and capital flows have been at the center of controversy as globalization has proceeded. One reason is the belief that trade and capital flows have massive effects on the labor market -- either positive, per the claims of international financial institutions and free...
Persistent link: https://www.econbiz.de/10013230810
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The Dynamics of Car Sales : A Discrete Choice Approach
Adda, Jerome - 2006
Mankiw [1982] explores the Permanent Income Hypothesis implication that durable expenditures follow an ARMA(1,1) representation. He finds that durable expenditures are represented by an AR(1) process which implies that the rate of depreciation of durables, under the PIH model, is 100%. This...
Persistent link: https://www.econbiz.de/10012783955
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Misclassification in Binary Choice Models
Meyer, Bruce D. - 2014
While measurement error in the dependent variable does not lead to bias in some well-known cases, with a binary dependent variable the bias can be pronounced. In binary choice, Hausman, Abrevaya and Scott-Morton (1998) show that the marginal effects in the observed data differ from the true ones...
Persistent link: https://www.econbiz.de/10013047031
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Friends in High Places
Cohen, Lauren - 2010
We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U … consistent predictors of voting behavior. For the former, we estimate sharp measures that control for common characteristics of … networks on voting. We find that the effect of alumni networks is close to 60% of the size of the effect of state …
Persistent link: https://www.econbiz.de/10013137309
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The Role of Advisory Services in Proxy Voting
Alexander, Cindy R. - 2009
This paper studies the information content and consequences of third-party voting advice issued during proxy contests …. We find that voting advice is a good predictor of contest outcomes and that vote recommendations appear to certify the …
Persistent link: https://www.econbiz.de/10013158027
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Protecting Minorities in Binary Elections : A Test of Storable Votes Using Field Data
Casella, Alessandra - 2010
Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is lt;igt;Storable...
Persistent link: https://www.econbiz.de/10012759195
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Guns and Votes
Bouton, Laurent - 2014
Why are U.S. congressmen reluctant to support gun control regulations, despite the fact that most Americans are in favor of them? We argue that re-election motives can lead politicians to take a pro-gun stance against the interests of an apathetic majority of the electorate, but in line with the...
Persistent link: https://www.econbiz.de/10013051757
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How Do Voters Matter? Evidence from Us Congressional Redistricting
Jones, Daniel - 2016
impacts the district representative's roll call voting. We find that an increase in Democrat share within a district causes … more leftist roll call voting. This occurs because a Democrat is more likely to hold the seat, but also because – in … contrast to existing empirical work – partisan composition has a direct effect on the roll call voting of individual …
Persistent link: https://www.econbiz.de/10012984766