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Many modern trade and growth models are characterized by multiple equilibria. In theory the analysis of multiple equilibria is possible, but in practice it is difficult to test for the presence of multiple equilibria. Based on the methodology developed by Davis and Weinstein (2004) for the case...
Persistent link: https://www.econbiz.de/10010271819
In the famous debate between Keynes and Ohlin on the transfer problem, the interaction between non-traded goods and unemployment complicates the analysis considerably. We analyze these issues using four different models to conclude that Keynes's concern regarding the large burden imposed on...
Persistent link: https://www.econbiz.de/10010275773
This paper investigates the long-term trend and the underlying determinants of public sector centralization in Germany from 1871 until today. The institutional and the quantitative review of the German history provides no conclusive evidence for a continuous process of government centralization...
Persistent link: https://www.econbiz.de/10010297454
The development of the Tunisian transport infrastructure in the period following the establishment of the French Protectorate has been little studied. The history of the Tunisian railways and ports is profoundly influenced by developments in the financial situation of the Regency during the last...
Persistent link: https://www.econbiz.de/10015206819
The essay examines the contribution provided by Piero, Roberto and Leone Strozzi - sons of the wealthy Florentine banker Filippo Strozzi - to the French war effort in the last two decades of the Ital- ian Wars. A contribution based on their military and diplomatic skills and on the availability...
Persistent link: https://www.econbiz.de/10015206873
During the First World War, the film industry of the major European countries experienced a lasting crisis, which necessitated significant restructuring and prompted appeals for state intervention to counterbalance the invasion of American films. As the extent of this crisis did not affect all...
Persistent link: https://www.econbiz.de/10015206904
Persistent link: https://www.econbiz.de/10013343154
Emmanuel Macron hat während seiner ersten Amtszeit (2017-2022) versucht, sich von altbekannten, weithin kritisierten Mustern französischer Afrikapolitik abzusetzen. Er diversifizierte die Beziehungen zu Afrika in regionaler und inhaltlicher Hinsicht, integrierte nicht-staatliche Akteure und...
Persistent link: https://www.econbiz.de/10013408686
Persistent link: https://www.econbiz.de/10013546664
hinausgehen. Denkbar wäre vor allem, dass Frankreich eine sichtbarere ergänzende Rolle zur erweiterten nuklearen Abschreckung der …
Persistent link: https://www.econbiz.de/10013550140