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The Internet roared to the scene in Latin America and it is transforming the way Latin Americans interact, shop, bank …, and spend their time. The Internet is changing regional consumption patterns, the landscape of regional companies, and the …, Internet of Things, and so on- are empowering LAC companies of all sizes to dramatically cut costs, improve customer service …
Persistent link: https://www.econbiz.de/10011625966
The search for economically efficient policy instruments designed to promote the diffusion of renewable energy technologies in liberalized markets has led to the introduction of quota-based tradable 'green' certificate (TGC) schemes for renewable electricity. However, there is a debate about the...
Persistent link: https://www.econbiz.de/10003894058
This paper provides a theoretical rationale for non-binding retail price recommendations (RPRs) in vertical supply relations. Analyzing a bilateral manufacturer-retailer relationship with repeated trade, we show that linear relational contracts can implement the surplusmaximizing outcome. If the...
Persistent link: https://www.econbiz.de/10003900887
This paper analyses the impact of unilateral climate policy on firms’ international location strategies in emission-intensive sectors, when countries differ in terms of market size. The cases of partial and total relocation via foreign direct investment are separately considered. A simple...
Persistent link: https://www.econbiz.de/10008736813
In the last twenty years economics has created much of lasting value and real potential: it has been a very fertile period. But economics has also suffered from what I shall term "collective amnesia" covering whole areas of public policy. And on policy and the role of government it has,...
Persistent link: https://www.econbiz.de/10008824504
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This paper is a quantitative, equilibrium study of the insurance role of severance pay when workers face displacement risk and markets are incomplete. A key feature of our model is that, in line with an established empirical literature, job displacement entails a persistent fall in earnings upon...
Persistent link: https://www.econbiz.de/10011458292
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