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Non-cooperative and cooperative policy reforms under uncertainty and spillovers
Hefeker, Carsten; Neugart, Michael - 2017
When countries need to implement costly economic policy reforms, these often imply uncertainties about their effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these circumstances countries implement too few or too many policy...
Persistent link: https://www.econbiz.de/10011588152
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Non-cooperative and cooperative policy reforms under uncertainty and spillovers
Hefeker, Carsten; Neugart, Michael - 2017
When countries need to implement costly economic policy reforms, these often imply uncertainties about their effectiveness for the homecountry and their spillovers to other countries. We develop a model to show that under these circumstances countries implement too few or too many policy...
Persistent link: https://www.econbiz.de/10011598522
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Non-cooperative and cooperative policy reforms under uncertainty and spillovers
Hefeker, Carsten; Neugart, Michael - 2017
When countries need to implement costly economic policy reforms, these often imply uncertainties about their effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these circumstances countries implement too few or too many policy...
Persistent link: https://www.econbiz.de/10011602603
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Essays on asset pricing with contagion, endogenous growth, and long-run risk
Grüning, Patrick - 2015
Persistent link: https://www.econbiz.de/10010530710
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Corruption, uncertainty and growth
Djumashev, Ratbek - 2007
Persistent link: https://www.econbiz.de/10003476391
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Trapped in the "zero-risk" society and how to break free
Sornette, Didier; Cauwels, Peter - 2020
We live in a ‘zero-risk society', characterized by a culture that is obsessed with controlling and removing any possible risks. Obviously, one of the fundamental objectives of any civilization is to improve the safety and security of its citizens. However, we should not let the cozy comfort...
Persistent link: https://www.econbiz.de/10012271226
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Essays on offshoring, wage inequality and innovation
Benz, Sebastian - 2014
. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I … Faktorausstattung zweier Länder basiert. Das zweite Kapitel liefert eine Theorie zu Offshoring unter Imitationsrisiko. Diese Theorie …
Persistent link: https://www.econbiz.de/10011742945
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Innovation and idiosyncratic risk : an industry and firm level analysis
Mazzucato, Mariana (contributor);  … - 2004
characterized by higher IR due to how innovation activity affects the uncertainty of expected future profits. While the industry …
Persistent link: https://www.econbiz.de/10002570986
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Reverse Hold-Ups : The (Often Ignored) Risks Faced by Innovators in Standardized Areas
Geradin, Damien - 2014
Persistent link: https://www.econbiz.de/10013069007
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Risk-sharing and entrepreneurship
Kilström, Matilda; Roth, Paula - 2022
In this paper, we study the role of risk-sharing in entrepreneurship-driven innovation. Studying entrepreneurship and … innovation entails modeling an occupational choice and an effort choice. Risk-sharing may increase the number of individuals who …
Persistent link: https://www.econbiz.de/10013161870