Results 171 to 180 of about 324,568 (209)
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U.S. Economic Foreign Policy and the Escape Clause
Review of Social Economy, 1959exaly +2 more sources
Voluntary Export Restraints and the GATT's Main Escape Clause
World Economy, 1980exaly +2 more sources
Contracting with Endogenously Incomplete Commitment: Escape Clauses
2023We study mechanism design under endogenously incomplete commitment as it arises in contracting with escape clauses. An escape clause permits the agent to end a contractual relationship under specified circumstances, after which the principal can offer an ex-post contract.
Tangerås, Thomas P., Gick, Wolfgang
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An Overlapping‐generations Model of Escape Clause Protection
Review of International Economics, 2004AbstractThe paper explores the efficiency consequences of using temporary protection to ease adjustment following an unexpected, permanent improvement in a country's terms of trade. In the model, workers trade off the potentially higher wage that the export sector has to offer with a lower job acquisition rate. An unexpected improvement in the terms of
Carl Davidson, Steven J. Matusz
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Seeking Escape: The Use of Escape Clauses in International Trade Agreements
International Studies Quarterly, 2009In agreements that include flexibility enhancing mechanisms such as escape clauses, how do institutions realize the benefits of flexibility while preventing its abuse? The conventional wisdom is that escape clauses must be made costly, but I show this claim to be at odds with empirical observation.
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Which way to jump on escape clauses
Industrial Management, 1973Exclusion clauses will come in for a great deal of scrutiny under the Supply of Goods (Implied Terms) Act. Here, Ewan Mitchell advises when to leave them out and when to retain them.
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1974
Escape clauses are a standard feature of commercial treaties. They allow contracting parties, under conditions specified in advance, to derogate from some or all of the obligations contained in these treaties. Escape clauses are usually essential in order to persuade countries to accede to the treaty in the first place. They can be regarded as negative
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Escape clauses are a standard feature of commercial treaties. They allow contracting parties, under conditions specified in advance, to derogate from some or all of the obligations contained in these treaties. Escape clauses are usually essential in order to persuade countries to accede to the treaty in the first place. They can be regarded as negative
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Inflation rules with consistent escape clauses
European Economic Review, 1999Abstract Simple inflation targets may be supplemented with an escape clause to be invoked in case the economy is hit by a major supply shock. In this paper, consistent solutions to the Flood and Isard (1989, IMF Staff Papers, 36, 612–632) escape clause model are derived in the spirit of Lohmann (1990, American Economic Review, 82, 273–286). She shows
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Destabilizing Effects of Exchange-Rate Escape Clauses
1996This paper studies policy rules with escape clauses, analyzing as an example fixed exchange rate systems that allow member countries the freedom to realign in periods of stress. While well-designed escape-clause rules can raise society's welfare in principle, limited credibility makes it difficult to implement such rules in practice.
Obstfeld, Maurice, Obstfeld, Maurice
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