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717971
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:
717972
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:
717973
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:
717974
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:
717975
International trade
theory
and policy: A review of the literature
Sen, Sunanda
-
2010
This paper provides a survey of the literature on trade
theory
, from the classical example of comparative advantage to … verifications and logical critiques. A useful supplement is provided in terms of Staffan Linder's
theory
of overlapping demand … trade
theory
, with strategic trade providing inputs to industrial policy. Issues relating to trade, growth, and development …
Persistent link: https://www.econbiz.de/10010286543
Saved in:
717976
A contribution to the
theory
of financial fragility and crisis
Bhaduri, Amit
-
2010
The paper examines three aspects of a financial crisis of domestic origin. The first section studies the evolution of a debt-financed consumption boom supported by rising asset prices, leading to a credit crunch and fluctuations in the real economy, and, ultimately, to debt deflation. The next...
Persistent link: https://www.econbiz.de/10010286546
Saved in:
717977
Financial markets
Bibow, Jörg
-
2011
This paper provides a brief exposition of financial markets in Post Keynesian economics. Inspired by John Maynard Keynes's path-breaking insights into the role of liquidity and finance in monetary production economies Post Keynesian economics offers a refreshing alternative to mainstream...
Persistent link: https://www.econbiz.de/10010286553
Saved in:
717978
Robust estimation of linear fixed effects panel data models with an application to the exporter productivity premium
Verardi, Vincenzo
;
Wagner, Joachim
-
2010
In empirical studies it often happens that some variables for some units are far away from the other observations in the sample. These extreme observations, or outliers, often have a large impact on the results of statistical analyses - conclusions based on a sample with and without these units...
Persistent link: https://www.econbiz.de/10010286574
Saved in:
717979
Trade-offs between justices, economics, and efficiency
Baumgärtner, Stefan
;
Glotzbach, Stefanie
;
Hoberg, Nikolai
-
2011
We argue that economics - as the scientific method of analyzing trade-offs - can be helpful (and may even be indispensable) for assessing the trade-off between intergenerational and intragenerational justice. Economic analysis can delineate the opportunity set of politics with respect to the two...
Persistent link: https://www.econbiz.de/10010286575
Saved in:
717980
Complementarity, impatience, and the resilience of natural-dependent economies
Quaas, Martin F.
;
van Soest, Daan
;
Baumgärtner, Stefan
-
2011
We study how human preferences affect the resilience of economies that depend on more than one type of natural resources. In particular, we analyze whether the degree of substitutability of natural resources in consumer needs may give rise to multiple steady states and path dependence even when...
Persistent link: https://www.econbiz.de/10010286617
Saved in:
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