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Countercyclical taxation and price dispersion
Mayer, Eric (contributor); Grimm, Oliver (contributor) - 2008
In this paper, we explore the benefits from a supply-side oriented fiscal tax policy within the framework of a New Keynesian DSGE model. We show that countercyclical tax rules, which are contingent on the observed welfare gap or on the cost-push shock and levied on value added, remarkably reduce...
Persistent link: https://www.econbiz.de/10003767574
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Countercyclical taxation and price dispersion
Mayer, Eric; Grimm, Oliver - 2008 - This version: June 24, 2008
In this paper, we explore the benefits from a supply-side oriented fiscal tax policy within the framework of a New Keynesian DSGE model. We show that countercyclical tax rules, which are contingent on the observed welfare gap or alternatively on the markup shock and levied on value added, reduce...
Persistent link: https://www.econbiz.de/10003761393
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A theory of bidding dynamics and deadlines in online retail
Coey, Dominic; Larsen, Bradley J.; Platt, Brennan C. - 2016
Persistent link: https://www.econbiz.de/10011451371
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Merchant guilds, taxation and social capital
Dessí, Roberta; Piccolo, Salvatore - 2015
Persistent link: https://www.econbiz.de/10011302349
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Buyer power in international markets
Raff, Horst (contributor); Schmitt, Nicolas (contributor) - 2008
market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail … market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in … autarky, thus reversing the standard effects of trade liberalization. Second, the pro-competitive effects of trade …
Persistent link: https://www.econbiz.de/10003726017
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Buyer power in international markets
Raff, Horst; Schmitt, Nicolas - 2009
market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail … market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in … autarky, thus reversing the standard effects of trade liberalization. Second, the pro-competitive effects of trade …
Persistent link: https://www.econbiz.de/10003872802
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How does life settlement affect the primary life insurance market?
Fang, Hanming; Kung, Edward - 2010
Persistent link: https://www.econbiz.de/10003940169
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Buyer power in international markets
Raff, Horst; Schmitt, Nicolas - In: Journal of international economics 79 (2009) 2, pp. 222-229
Persistent link: https://www.econbiz.de/10003923712
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The European unemployment problem in a globalized world : wage rigidities, welfare and involuntary low-skilled labour unemployment
Hilgers, Bodo; Wacker, Ulrich - 1999
price and, thus, the output effect shows to be the driving force in our model. A terms of trade improvement leads to an … increase in welfare. In the case of a terms-of-trade deterioration, welfare only increases if employment increases. …
Persistent link: https://www.econbiz.de/10009491599
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Substitutes and complements in trading networks
Drexl, Moritz - In: Five essays in economic theory, (pp. 49-62). 2014
Persistent link: https://www.econbiz.de/10010500933