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Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO … of natural resources. Properly coordinated policy reforms offer an avenue to resource exporting and importing countries …
Persistent link: https://www.econbiz.de/10009518238
A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price bubble led to the financial crisis that started in 2007. There is a large empirical literature concerning the relation between asset price bubbles and financial crises. I evaluate...
Persistent link: https://www.econbiz.de/10003936616
I offer a selective review of discounting and climate policy. Analytic and numerical models show that different assumptions greatly change the degree to which decisions about climate policy depend on the discount rate. I discuss a claim that standard models exaggerate the current generation's...
Persistent link: https://www.econbiz.de/10003872837
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This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of … firing costs in a partial equilibrium context. In addition, we expand our analysis two types of firing costs in a New …-respecting the bonding critique. We find that the two types of firing costs do not show significant differences. However, respecting …
Persistent link: https://www.econbiz.de/10003884839
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. -- severance pay ; firing costs ; hiring costs ; separation rate ; employment …
Persistent link: https://www.econbiz.de/10009309703
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