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Congestion, wage rigidities and the provision of public intermediate goods

Pauser, Johannes - 2020

-Douglas production, the congestion technology can be shown to be crucial for the analysis of efficiency in the decentralized equilibrium …. Assuming decreasing marginal congestion, efficiency in the non-cooperative equilibrium is determined alone by the production … and congestion elasticities. In contrast, factor prices such as the level of the wage rigidity and corresponding …

Persistent link: https://www.econbiz.de/10012419105

Production chains

Levine, David K. - In: Review of economic dynamics 15 (2012) 3, pp. 271-282

Persistent link: https://www.econbiz.de/10009660808

Interdependent product cycles for globally sourced intermediates

Van Biesebroeck, Johannes; Zhang, Lijun - In: Journal of international economics 93 (2014) 2, pp. 143-156

Persistent link: https://www.econbiz.de/10010492574

Production chains

Levine, David K. - 2010

Persistent link: https://www.econbiz.de/10008760496

Production Chains

Levine, David K. - 2010

. The implications of the theory both for measurement and government policy are examined …

Persistent link: https://www.econbiz.de/10013135410

Reducible Intermediation Chains

An, Yu - 2019

We introduce reducible intermediation chains in order to study the intermediation incentives of corporate bond dealers. We find that three quarters of intermediation chains mitigate search frictions, while the remaining one-quarter of chains arise due to the dealers' rent-seeking incentive. We...

Persistent link: https://www.econbiz.de/10012903477