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lend-ing potential of the capital buffer decreases by CZK 630 billion toCZK 1.6 trillion due to overlaps under otherwise …
Persistent link: https://www.econbiz.de/10014566385
Studies of the inter-recipient allocation of aid may be categorized threefold. First, there are those which attempt to explain the observed allocation of aid. Second, there are those which seek to describe or evaluate the allocation of aid against normative criteria. Third, there are those which...
Persistent link: https://www.econbiz.de/10010279182
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fragmentation. Whereas the growth in North-South trade has been labeled "horizontal globalisation", fragmentation stands for the … "vertical globalisation". First fragmentation is introduced into a Ricardian model with one factor of production in a small … functions where we introduce one or two components. As a result, it seems to be clear that fragmentation is changing …
Persistent link: https://www.econbiz.de/10010300397
This paper presents a model to analyze the consequences of competition in order-flow between a profit maximizing stock exchange and an alternative trading platform on the decisions concerning trading fees and listing requirements. Listing requirements, set by the exchange, provide public...
Persistent link: https://www.econbiz.de/10010303703
This paper addresses a complex of globalization issues: the effect of globalization on the skill premium; the effect of globalization on unemployment; the relative importance of globalization and exogenous technical change; the effect of globalization on the ability of national governments to...
Persistent link: https://www.econbiz.de/10010324931
Recent contributions on tax competition recognize the interaction between both horizontal and vertical tax externalities in a single federation. In this paper, we extend the theoretical analysis to a framework with multiple federations (a Union). We show that the relative size of a federation in...
Persistent link: https://www.econbiz.de/10010263189
We investigate the implications of Network Neutrality regulation for Internet fragmentation. We model a two … fragmentation and extract CPs' extra profits. This occurs when repeated impressions of an ad rapidly lose value and consumers care …
Persistent link: https://www.econbiz.de/10010420580
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