Showing 1 - 10 of 9,254
Recently competition policy has become an important trade policy issue, since many policy makers now see competition policy as an important instrument to secure market access' to foreign markets. This paper analyzes this issue both from a theoretical point of view and from the review of the...
Persistent link: https://www.econbiz.de/10012472092
This paper is the first to study empirically the effects of European antidumping actions on import diversion from … importers 'named' in an antidumping investigation, and potentially subject to protectionist measures, to countries not named' in … can be regarded as an indication of the effectiveness of antidumping policy which is used to protect the home industry …
Persistent link: https://www.econbiz.de/10012471444
We review the growing literature on the effects of antidumping, a trade policy that has emerged as the most serious … impediment to international trade. Over the past 25 years countries have increasingly turned to antidumping in order to offer … protection to import-competing industries. Antidumping is a trade policy where the institutional process surrounding the …
Persistent link: https://www.econbiz.de/10012470322
This paper discusses how price stability can be defined and how price stability can be maintained in practice. Some lessons for the Eurosystem are also considered. With regard to defining price stability, the choice between price-level stability and low (including zero) inflation and the...
Persistent link: https://www.econbiz.de/10012471507
In recent years the world economy has been subject to large and unsyncronized changes in fiscal policies, high and … builds on a two-country model of the world economy which is applied to the analysis of the transmission and effects of …
Persistent link: https://www.econbiz.de/10012477278
What is the optimal number of currencies in the world? Common currencies affect trading costs and, thereby, the amounts …
Persistent link: https://www.econbiz.de/10012470810
When countries of different sizes participate in a cooperative agreement, the potential gain from deviation determines the minimum power that each country requires in the common decision-making. <br><bR>This paper studies the problem in the context of a monetary union - multiple countries sharing a...
Persistent link: https://www.econbiz.de/10012475817
examine the effect of capital flows on the transmission of stagnation. In a world with a low natural rate of interest, greater …
Persistent link: https://www.econbiz.de/10012456376
We study how an economy's production structure determines the response of aggregate output and employment to sectoral financial shocks. In our framework, economic production is organized in an input-output network in which firms face financial constraints on their working capital. We show how...
Persistent link: https://www.econbiz.de/10012456463
A group of agents wants to reform the status quo if and only if this is Pareto improving. Agents have private information and may have common or private objectives, which creates a tension between information aggregation and minority protection. We analyze a simple voting system - majority rule...
Persistent link: https://www.econbiz.de/10012458249