Results 51 to 60 of about 597 (192)

Labor Market Institutions, Fiscal Multipliers, and Macroeconomic Volatility

Journal of Applied Econometrics, EarlyView.
ABSTRACT How do labor market institutions shape the transmission of government spending shocks and macroeconomic volatility? We develop a theoretical model in which labor market institutions affect fiscal transmission through their effect on wage rigidity, job separation, and matching frictions.
Maximilian Boeck, Jesús Crespo Cuaresma, Christian Glocker   +2 more
wiley   +1 more source

Insecure Property Rights and Conflicts: How to Solve Them?

Mathematics, 2022
According to the leading literature, the valid enforcement of property rights is a key ingredient for economic development. However, their enforcement can be problematic in international relations, which can be a valid approximation of an anarchic or ...
Dario Maimone Ansaldo Patti, Pietro Navarra, Giuseppe Sobbrio   +2 more
doaj   +1 more source

Consensus‐Based Recommendations to Embrace Sustainable Luxury: A Delphi Study

Sustainable Development, EarlyView.
ABSTRACT Integrating sustainability into luxury practices presents unique challenges. Using a two‐phase Delphi method, this study develops consensus‐based recommendations for sustainable luxury. Findings identify key priorities including traceability, fair labour, circular design, and sustainable materials as essential for aligning luxury with ethical ...
Alexia Del Greco, Selena Russo, Francesca Greselin, Marco Bani, Giulia Rampoldi, Federico Zorzi, Stefano Ardenghi, Claudio Rozzoni, Maria Grazia Strepparava, Paolo Galli, MUSA‐Spoke5 group, Beatrice De Santes, Roberta Bettinetti, Tommaso Buganza, Stefania Carraro, Federica Celeste, Federico Cerri, Licia Cerini, Miriam Colombo, Marco Contardi, Camilla Falivena, Luca Fallati, Silvia Gadola, Marco Giustra, Valerio Isa, Lucio Lamberti, Maddalena Mazzocut‐Mis, Lucia Morelli, Lucia Paladino, Stefania Palmieri, Margherita Pero, Federico Pippo, Lorenzo Pizzuti, Daniela Preite, Claudia Riccardi, Elisabetta Rocchetti, Francesco Saliu, Lucia Salvioni, Carlo Salvato, Emanuela Scarpellini, Elena Scoccianti, Davide Seveso, Francesca Spena, Alessandra Spagnoli, Gianluca Tedaldi, Ilaria Tani, Francesco Tissoni, Giovanna Tonelli, Umberto Tolino, Daniel Trabucchi, Tamara Gaia Vasiljev, Andrea Visconti, Elisa Arrigo   +52 more
wiley   +1 more source

Mergers in the Presence of Adverse Selection

The RAND Journal of Economics, EarlyView.
ABSTRACT In the presence of adverse selection, mergers can increase welfare through a reduction in inefficient sorting. I characterize the sorting externality internalized between merging firms in a tractable discrete choice model. Mergers benefit consumers when the firms are small, willingness to pay is moderately increasing in cost, and consumer ...
Conor Ryan
wiley   +1 more source

The Incidence of Coarse Certification: Evidence From the ENERGY STAR Program

The RAND Journal of Economics, EarlyView.
ABSTRACT A coarse certification provides simple but incomplete information. Its rationale is to help consumers trade off dimensions of quality that are complex and lack salience. In imperfectly competitive markets, it may induce excess bunching at the certification requirement, crowd out quality, and facilitate price discrimination. Who will ultimately
Sébastien Houde
wiley   +1 more source

Seeing like a citizen: Experimental evidence on how empowerment affects engagement with the state

American Journal of Political Science, EarlyView.
Abstract Building a strong and effective state requires revenue. Yet, in many low‐income countries, citizens do not make formal payments to the state or forego engaging with the state altogether due to vulnerability to opportunistic demands by state agents. We study two randomized interventions in Kinshasa, Democratic Republic of the Congo, designed to
Soeren J. Henn, Laura Paler, Wilson Prichard, Cyrus Samii, Raúl Sánchez de la Sierra   +4 more
wiley   +1 more source

Yardstick competition under fiscal and administrative asymmetries: Rent‐seeking and local cooperation

Annals of Public and Cooperative Economics, EarlyView.
Abstract This paper develops a two‐period model to investigate how fiscal and bureaucratic asymmetries shape yardstick competition (YC), inter‐municipal cooperation (IMC), and rent‐seeking in local public service provision. Unlike previous approaches, we allow incumbents to invest in bureaucratic efficiency, influencing both service quality and ...
Antonio Cortese, Giuseppe Di Liddo, Andrea Morone   +2 more
wiley   +1 more source

Trade policy uncertainty, organization of firms, and the form of international trade

Canadian Journal of Economics/Revue canadienne d'économique, EarlyView.
Abstract This paper investigates the hypothesis that lower trade policy uncertainty (TPU) reduces the share of intrafirm trade in total trade. A significant change in US‐China TPU occurred in 2001 when China joined the WTO, providing a natural experiment to test this hypothesis.
Felix Fosu
wiley   +1 more source

Extreme weather and economic crisis in the 1430s in England, and the implications for tenurial change

The Economic History Review, EarlyView.
Abstract The 1430s were characterized by extreme weather conditions, food and fodder shortages, and high mortalities among animals and humans, although the severity of events and their consequences in England have received limited attention. The economic downturn and the depressed customary land market in this decade marked the beginning of the Great ...
Mark Bailey
wiley   +1 more source

The Interaction Between Credit and Labor Market Frictions

International Economic Review, EarlyView.
ABSTRACT I study a novel two‐way feedback between credit and labor market frictions. Running from credit to labor markets, amplitude in capital demand caused by collateral constraints spills over onto labor demand due to the complementarity of capital and labor; and, furthermore, credit frictions raise effective financial hiring costs, prompting firms ...
Yulia Moiseeva
wiley   +1 more source