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Persistent link: https://www.econbiz.de/10005056474
Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The...
Persistent link: https://www.econbiz.de/10005063034
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses -- it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies, as well as to a favorable external environment. This book focuses on these...
Persistent link: https://www.econbiz.de/10011245903
conclusions. First, further steps in regional integration would enhance competition and produce large economic benefits for both …
Persistent link: https://www.econbiz.de/10005768829
Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs from its predecessor model, and how the new features of the model can improve the IMF’s...
Persistent link: https://www.econbiz.de/10005590952
This paper assesses cartel practices in the national cement industry based on Indonesia's anti-monopoly law. Particularly, consider the fact that the market leaders, PT Sement Gresik Group and PT Indocement respectively owns 43% and 34% of the national cement market.
Persistent link: https://www.econbiz.de/10005729435
1906, who seems to have originated the concept of a dominant firm facing competition from fringe rivals maximizing profits … the model analytically in 1934, although in a duopoly context absent stable equilibrium. George Stigler finally combined …
Persistent link: https://www.econbiz.de/10005641871
We present a counter-example to the conventional property rights theory of the firm, which indicates that not …, outside assistance, changing profit status or economies of scale and scope. We employ a modified Bertrand duopoly model of … mixed competition in the health care industry to show that, even when these four conditions do not hold, not …
Persistent link: https://www.econbiz.de/10005437868
In this paper an experimental environment to test theoretical predictions concerning R&D behavior of firms in duopoly …
Persistent link: https://www.econbiz.de/10011092197
Persistent link: https://www.econbiz.de/10008520098