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deviation increase in oil price volatility leads to a 0.38 percent increase in the markup of firms with average oil exposure. …
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in which traders operate.Binding tariffs at the WTO reduces the scope for their discretionary use. But, countries have … bound tariffs at ceiling levels often substantially above the level of applied tariffs. Therefore, whether the ceiling rate …. Using a recently built database on applied tariffs covering over 100 countries for the period 1996 to 2009, we find evidence …
Persistent link: https://www.econbiz.de/10009305703
The digital revolution of pricing enables retailers to change their prices more frequently than ever before. While the industry endorses this development, critics fear it could foster excessive price fluctuations. This paper studies price fluctuations in the context of brick-and-mortar retailing...
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developing country industrial tariffs, constrain this variability. We examine the theoretical effects of such constraints on the …
Persistent link: https://www.econbiz.de/10014154618
This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 countries with data spanning the period 1978-2012.Notwithstanding concerns that trade openness through RTAs can heighten exposure to shocks, in particular when it leads to increased...
Persistent link: https://www.econbiz.de/10013015607
We study dynamic signaling in a game of stochastically evolving stakes. Our motivating example is dynamic limit pricing in markets with persistent demand shocks. An incumbent is privately informed about its costs, high or low, and can deter a potential entrant by setting prices strategically....
Persistent link: https://www.econbiz.de/10012899655