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identify the advantages and disadvantages of these strategies in the view of the attitudes to uncertainty of managers and … competition and characterising the sector to identify the perception of business people about innovation, cooperative agreements …, mechanisms of profit appropriation and attitudes towards uncertainty.Adopting models such as NPV and Real Options along with …
Persistent link: https://www.econbiz.de/10013109884
The present paper analyzes the links that exist between Adam Smith's thought and Amartya Sen's one with the aim of presenting a definition of globalization which shows how global market could be a potential instrument to promote socio-economic development. The definition of globalization here...
Persistent link: https://www.econbiz.de/10013123250
) strategic interactions appear to emerge from tax competition rather than yardstick competition, with capital controls and fiscal … the political agency (yardstick competition) does not necessarily engender a "race to the bottom". …
Persistent link: https://www.econbiz.de/10010479922
various reasons for local government policy interactions, including fiscal competition, bidding for firms, yardstick … competition, expenditure spillovers, and Tiebout sorting. We discuss theoretically what parameters should be estimated to … determine the reason for competition among local governments. We emphasize how the policy outcomes emerging from this …
Persistent link: https://www.econbiz.de/10012304319
Persistent link: https://www.econbiz.de/10011894418
A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition …
Persistent link: https://www.econbiz.de/10014478411
A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition …
Persistent link: https://www.econbiz.de/10013555713
A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition …
Persistent link: https://www.econbiz.de/10014232734
estimate a large-scale FAVAR model for 18 OECD member countries. We quantify the global effects of economic policy uncertainty … and financial sector effects of uncertainty. In that respect, we compare the impacts of a US and a Euro area uncertainty … shock. According to our results, an increase in uncertainty has a strong negative impact on economic activity, consumer …
Persistent link: https://www.econbiz.de/10011691548
a large-scale FAVAR model for 18 OECD member countries. We quantify the global effects of economic policy uncertainty … and financial sector effects of uncertainty. In that respect, we compare the impacts of a US and a Euro area uncertainty … shock. According to our results, an increase in uncertainty has a strong negative impact on economic activity, consumer …
Persistent link: https://www.econbiz.de/10012110907