We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selectioninto trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting…firms takes a gravity form: the extensive margin is also accected by...

This paper represents a first attempt at a tractable analysis of how monetary policy influences the income distribution in an economy. It presents a monetary growth model in which inflation affects credit market efficiency, and via this link, influences capital accumulation, and the income...

The trend towards Internet self-regulation is driven both by gov-ernments that feel reluctant to invest in direct regulation (because offreedom of speech concerns or high cots of monitoring and enforce-ment) and by the industry that is under the threat of rising publicconcerns over content...

This paper proposes a simple framework to study incentives and matching in the marketfor teachers. The framework is used to investigate the consequences of introducing incentivepay for teachers when contracts have both a matching and an incentive effect. Our analysissuggests that school...

We re-examine the labor donation theory of not-for-profits and show that these organizations may exist notnecessarily because motivated workers prefer to work in them, or that they dominate for-profits in terms ofwelfare, but because the excess supply of motivated workers makes the non-profit...

This paper uses a unique data set containing detailed micro-information on organisations, managers, workers and volunteers belonging to public, private forprofit and private nonprofit institutions delivering social services in Italy. The analysis aims to estimate the determinants of wages across...

The request for a strengthening of academic research at the German economic researchinstitutes by the German Science Council more than a decade ago was founded on thecrucial insight that sound policy advice - the traditional task of the institutes - can only beguaranteed in the long term if it...

The predominant part of the literature states that women are more likely to donate tocharitable causes but men are more generous in terms of the amount given. The last resultgenerally derives from the focus on mean amount given...

The notion of social entrepreneurship has gained increasing recognition in thelast years, both as an increasingly visible mode of economic action, and as animportant policy tool. The paper outlines a typology that departs from aSchumpeterian view of entrepreneurship, that centers on the creation...

In Fachkreisen ist umstritten, ob die Vergabe sozialer Dienstleistungen demVergaberecht unterliegt. Diskutiert wird dieses Thema oft mit dem Ziel, zuklären, ob und in welchem Umfang Vergaberegelungen einschlägig sind. Dabeispielt eine Rolle, welche Leistungen öffentlich ausgeschrieben...