Showing 1 - 10 of 309
The paper provides basic guidelines and tools for simulating subsidy reforms with Stata using a single cross-section survey. Simulations are discussed under a partial equilibrium and medium-term framework using a marginal approach. The paper distinguishes between single priced products, such as...
Persistent link: https://www.econbiz.de/10012975103
This paper explores the hypothesis that the credibility of economic policy making in Argentina (or lack thereof) has impacted the volatility of economic performance. To establish the link, a historical review of economic policy making and economic outcomes over the quarter century is presented,...
Persistent link: https://www.econbiz.de/10012967486
Statistics show that the sale of goods on credit is widespread among firms even when they are capital constrained and thus face relatively high costs in providing trade credit. This study provides an explanation for this by arguing that customers who possess strong market power are able to...
Persistent link: https://www.econbiz.de/10012747684
. Discounts for early payment seem to be offered to riskier buyers to limit the potential nonpayment risk when credit is extended …
Persistent link: https://www.econbiz.de/10012975885
buyers to mange business risk. The authors use a novel and unique dataset on almost 30,000 supplier contracts for 56 large … product quality; and 4) as a screening mechanism to gauge buyer default risk. In particular, the analysis finds that the …, investment grade suppliers. In comparison, early payment discounts seem to be used as a risk management tool to limit the …
Persistent link: https://www.econbiz.de/10012976511
Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the … on workers to estimate time-varying individual income risk parameters in different manufacturing sectors in Mexico … and income risk for workers of varying education levels. The authors' findings are as follows. The level of openness of an …
Persistent link: https://www.econbiz.de/10012747694
price and causes a risk-neutral firm to reduce ex ante emissions so as to smooth out marginal abatement costs over time. The …
Persistent link: https://www.econbiz.de/10012747760
Among policy instruments to control future greenhouse gas emissions, well-calibrated general intensity targets are known to lead to lower uncertainty on the amount of abatement than emissions quotas (Jotzo and Pezzey 2004). The authors test whether this result holds in a broader framework, and...
Persistent link: https://www.econbiz.de/10012747950
This paper attempts to quantify the impact of economic policy uncertainty on overall trade and trade linked to global value chains. Using new data on policy uncertainty for 18 countries and 24 years, it finds a statistically significant negative impact of policy uncertainty on overall trade...
Persistent link: https://www.econbiz.de/10012859487
The productivity of the world's natural resources is critically dependent on a variety of highly uncertain factors, which obscure individual investors and governments that seek to make long-term, sometimes irreversible investments in their exploration and utilization. These dynamic...
Persistent link: https://www.econbiz.de/10012841047