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Paradoxa in der Volkswirtschaf...
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635761
Market-dependent production set
Egbert, Henrik
;
Naqvi, Nadeem
-
2011
theory
, exogenous changes in technology or primary-factor supplies alter equilibrium prices; however, government …
Persistent link: https://www.econbiz.de/10010286432
Saved in:
635762
Unemployment and portfolio choice: Does persistence matter?
Bremus, Franziska M.
;
Kuzin, Vladimir
-
2011
Households can rely on private savings or on public unemployment insurance to hedge against the risk of becoming unemployed. These hedging mechanisms are used differently across countries. In this paper, we use a life cycle model to study the effects of unemployment on the portfolio choice of...
Persistent link: https://www.econbiz.de/10010286436
Saved in:
635763
All you need is trade: On the in(ter)dependence of trade and asset holdings in gravity equations
Kleinert, Jörn
;
Neugebauer, Katja
-
2012
This paper looks at the interrelationship between trade in goods and asset holdings, as brought forward by some contributions to the empirical literature in international economics. These contributions argue that single-equation gravity models suffer from an endogeneity bias, culminating in a...
Persistent link: https://www.econbiz.de/10010286439
Saved in:
635764
Endogenous transport costs in international trade
Kleinert, Jörn
;
Spies, Julia
-
2011
In this paper we claim that distance alone is a poor proxy for international transport costs in empirical studies. We model a manufacturing and a transport sector and let the level of manufacturing exports determine the demand for transport services. Above a particular trade level, transport...
Persistent link: https://www.econbiz.de/10010286440
Saved in:
635765
International sourcing, product complexity and intellectual property rights
Naghavi, Alireza
;
Spies, Julia
;
Toubal, Farid
-
2011
In this paper, we propose the technological complexity of a product and the level of Intellectual Property Rights (IPRs) protection to be the co-determinants of the mode through which multinational firms purchase their goods. We study the choice between intra-firm trade and outsourcing given...
Persistent link: https://www.econbiz.de/10010286441
Saved in:
635766
Vertically related markets of collective licensing of differentiated copyrights with indirect network effects
Thomes, Tim Paul
-
2010
This paper presents a
theory
of vertically interrelated markets of identical fixed size under implementation of …
Persistent link: https://www.econbiz.de/10010286453
Saved in:
635767
Procedurally fair provision of public projects: An axiomatic characterization
Güth, Werner
;
Kliemt, Hartmut
-
2011
Unanimous voting as the fundamental procedural source of political legitimacy grants veto power to each individual. We present an axiomatic characterization of a class of bidding processes to spell out the underlying egalitarian values for collective projects of a productive state. At heart of...
Persistent link: https://www.econbiz.de/10010286454
Saved in:
635768
Money
Wray, L. Randall
-
2010
possible. These three propositions are used to build a
theory
of money that is linked to common themes in the heterodox …'s approach, which relies on accounting identities; the K distribution
theory
of Keynes, Michal Kalecki, Nicholas Kaldor, and …
Persistent link: https://www.econbiz.de/10010286493
Saved in:
635769
Extrinsic rewards and intrinsic motives: Standard and behavioral approaches to agency and labor markets
Rebitzer, James B.
;
Taylor, Lowell J.
-
2010
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics documents how the resolution of these problems shapes personnel policies and labor markets. For the most part, the study of agency in employment relationships relies on highly...
Persistent link: https://www.econbiz.de/10010286501
Saved in:
635770
A post Keynesian perspective on the rise of Central Bank independence: A dubious success story in monetary economics
Bibow, Jörg
-
2010
This paper critically assesses the rise of central bank independence (CBI) as an apparent success story in modern monetary economics. As to the observed rise in CBI since the late 1980s, we single out the role of peculiar German traditions in spreading CBI across continental Europe, while its...
Persistent link: https://www.econbiz.de/10010286503
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