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The influence of collusion on price changes: New evidence from major cartel cases

von Blanckenburg, Korbinian; Geist, Alexander; … - 2010

In this paper, we compare the distribution of price changes between collusive and noncollusive periods for ten major cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis) moments. However, none of the above descriptive...

Persistent link: https://www.econbiz.de/10010274410

Labor market policy: A comparative view on the costs and benefits of labor market flexibility

Kahn, Lawrence M. - 2010

I review theories and evidence on labor market policies and institutions in an international context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and active labor market policies. Scandinavia and Central...

Persistent link: https://www.econbiz.de/10010274420

The effect of inflation on real commodity prices

Reicher, Christopher Phillip; Utlaut, Johannes Friederich - 2011

Recent research has shown that economic conditions have an important effect on real commodity prices. We quantify the contribution of fluctuations in inflation to this particular link. In the data, a temporary rise in inflation causes real commodity prices to rise, as does a rise in trend...

Persistent link: https://www.econbiz.de/10010274442

Exploring the intensive and extensive margins of world trade

Felbermayr, Gabriel J.; Kohler, Wilhelm K. - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a ?cornersolutions- version? of the gravity model to …

Persistent link: https://www.econbiz.de/10010274453

Does WTO membership make a difference at the extensive margin of world trade?

Felbermayr, Gabriel; Kohler, Wilhelm K. - 2007

estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose's results seem to indicate. …

Persistent link: https://www.econbiz.de/10010274458

Population growth and multiple equilibria: Inferences from a modified Ramsey model

Lehmijoki, Ulla - 2011

The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...

Persistent link: https://www.econbiz.de/10010274561

Ethnic fragmentation, conflict, displaced persons and human trafficking: An empirical analysis

Akee, Randall K. Q.; Basu, Arnab K.; Chau, Nancy H.; … - 2010

Ethnic conflicts and their links to international human trafficking have recently received a surge in international attention. It appears that ethnic conflicts exacerbate the internal displacement of individuals from networks of family and community, and their access to economic and social...

Persistent link: https://www.econbiz.de/10010274570

Economic governance of MFIs: Inside the black box

Arun, Thankom; Annim, Samuel Kobina - 2010

This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs the important role of other institutions such as country-level business registry...

Persistent link: https://www.econbiz.de/10010274571

Which institutions encourage entrepreneurs to create larger firms?

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - 2011

We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...

Persistent link: https://www.econbiz.de/10010274639

Institutions and economic performance: What can be explained?

Commander, Simon; Nikoloski, Zlatko - 2010

Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms. We look at three 'levels' of institutions and associated...

Persistent link: https://www.econbiz.de/10010274658