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dance. We will see that both the content and the process of negotiation can change dramatically once when we think of … bargaining as an aesthetic activity which provides intrinsic joy as well as extrinsic benefits. In such a dance, there is plenty … harmonious. We identify many forms of dance in negotiation, and explore three: the dance of positioning, where passions and …
Persistent link: https://www.econbiz.de/10010352068
This paper studies regional output asymmetries following U.S. federal tax shocks. We estimate a vector autoregressive model for each U.S. state, utilizing the exogenous tax shock series recently proposed by Romer and Romer (2010) and find considerable variations: estimated output multipliers lie...
Persistent link: https://www.econbiz.de/10010294366
This study represents a first attempt to empirically analyze the role of firm heterogeneity in regional business cycle behaviour. Working with monthly Italy's firms data and estimating a random effects ordered probit model, we first document sizable asymmetries in Northern and Southern firms...
Persistent link: https://www.econbiz.de/10011340665
This paper develops a statistical model for measuring spatial interactions when estimating macroeconomic regimes and regime shifts. The model is applied to study the contagion and propagation of recessions in small regional economies in the United States from 1990 to 2015. The empirical analysis...
Persistent link: https://www.econbiz.de/10011583212
This paper analyses the determinants of happiness in seven Eastern European transition countries during the early phase of economic transition. The analysis of representative survey data in an ordered logit model shows that those core socio-demographic and economic variables known to be relevant...
Persistent link: https://www.econbiz.de/10010265761
Turmoil in euro area once more forces EU authorities to rethink future of further monetary integration. One of the most commonly used criterions for successful monetary in contemporary research is business cycle synchronization (BCS). Though BCS has been vastly described at country level, not as...
Persistent link: https://www.econbiz.de/10012232312
We set up a two-region model to study the policy challenge of bringing the North's income up to the level of the South in the UK. The model focuses on labour costs as the driver of output gains through the international competitiveness channel. The empirical results show that the regional model...
Persistent link: https://www.econbiz.de/10012876009
Regionalspezifische Wirtschaftsstrukturen haben einen Einfluss auf die Resilienz von Regionen in konjunkturellen Krisenzeiten. Noch unklar ist in diesem Zusammenhang die relative Bedeutung kleinerer Unternehmen. Haben sie hinsichtlich der Arbeitslosigkeitsentwicklung in der Corona-Pandemie als...
Persistent link: https://www.econbiz.de/10012488175
In this paper we consider the predictors of the business cycle in Great Britain, where the claimant count and unemployment rate are found to be key indicators associated with turning points. Next, we consider at a micro-economic level, using disaggregated local authority level data, a number of...
Persistent link: https://www.econbiz.de/10015061965
-euro heterogeneity in wage bargaining we take this as the first-best approximation at hand for modelling monetary policy in the presence …
Persistent link: https://www.econbiz.de/10010295805