Results 111 to 120 of about 74,238 (290)

Mitigating policy uncertainty: What financial markets reveal about firm‐level lobbying

open access: yesAmerican Journal of Political Science, EarlyView.
Abstract Elections can lead to substantial policy changes and, thus, are a significant source of risk. Firms can respond to such policy uncertainty by lobbying, but it is hard to quantify whether they do so and, if so, how much lobbying benefits them. We construct a new dataset and leverage investors’ expectations of variability in stock returns in the
Kristy Buzard   +2 more
wiley   +1 more source

What explains high unemployment? The aggregate demand channel [PDF]

open access: yes
A drop in aggregate demand driven by shocks to household balance sheets is responsible for a large fraction of the decline in U.S. employment from 2007 to 2009.
Amir Sufi, Atif R. Mian
core  

Extending the firm versus industry debate into social enterprises: A multilevel analysis on Spanish cooperatives 2008–2023

open access: yesAnnals of Public and Cooperative Economics, EarlyView.
Abstract An important debate in the field of strategy and industrial organization economics has long focused on whether the industry environment or firm idiosyncrasies have a greater impact on firm performance. However, cooperatives have been excluded from this inquiry, despite profits being the primary means to achieve their social objectives.
Pablo Doucet, Marta Solórzano‐García
wiley   +1 more source

Local multipliers in tradables and non-tradables

open access: yes, 2017
In this thesis, I study the local employment multiplier effect; the effect of employment in the tradable sector on employment in the non-tradable sector of the same region. Using a reduced form regression with a shift-share instrument I find a significant local multiplier effect in Metropolitan Statistical Areas in the USA.
openaire   +1 more source

Reallocation of Resources within the National Productive System in Bolivia: A View from the Perspective of Tradable and Non-Tradable Goods [PDF]

open access: yes
This paper explores Bolivia’s current unemployment situation taking into account the reallocation of resources within the aggregate supply. The origin of this internal imbalance is due to negative impacts of external real exchange rate (RER) shocks, as ...
Sergio G. Villarroel-Böhrt
core  

More than just loyalty? Understanding members’ investment in their cooperatives’ tradable preferred shares

open access: yesAnnals of Public and Cooperative Economics, EarlyView.
Abstract Guided by behavioural economics, this paper examines the factors shaping members’ investments in tradable and appreciable preferred shares issued by their cooperatives. These shares possess characteristics of both bonds and long‐term equity, and when tradable, they acquire a market value that helps mitigate issues related to the vaguely ...
Julia Höhler   +3 more
wiley   +1 more source

Prices vs. Quantities vs. Tradable Quantities [PDF]

open access: yes
This paper extends Weitzman's (1974) seminal paper comparing price and quantity instruments for regulation to consider a third option: tradable quantity regulations, such as tradable permits.
Roberton Williams
core  

Collective Wage Co‐ordination and the Costs of Job Displacement

open access: yesBritish Journal of Industrial Relations, EarlyView.
ABSTRACT This paper investigates whether a higher level of co‐ordination in collective wage bargaining affects the wage costs of job displacement. We use quasi‐exogenous variation in the timing of job loss due to mass layoffs spanning an institutional reform that introduced national ceilings to wage agreements negotiated at sectoral‐ and firm‐level—the
Sofía Fernández‐Guerrico   +1 more
wiley   +1 more source

Colonial wars and trade restrictions: Fighting for exclusive trading rights

open access: yesCanadian Journal of Economics/Revue canadienne d'économique, EarlyView.
Abstract This paper develops a model of colonial wars and trade restrictions, in which two metropolises compete for control over a colony's trade policy. In equilibrium, the metropolis that gains control can improve its terms of trade by restricting its rival's access to colonial trade.
Ivan G. Lopez Cruz, Gustavo Torrens
wiley   +1 more source

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