Countertrade - or reciprocal buying - is defined as a transaction involving (at least) a two-way transfer of goods, rather than a singular transfer of goods for money. The main objective of this paper is to explain the extensive use of countertrade both between countries and between firms within...

From 1983, Australia operated an Incomes Policy - the Accord. Senator Peter Cook, Australian Industrial Relations Minister, gave a Centre for Economic Performance-sponsored public lecture on the Accord in June 1991. In view of the considerable worldwide interest in the Accord, Senator Cook''s...

Preface: Professor Masahiro Satō of the Institute of Economic Research, Hitotsubashi University, presented this paper at a special session of the joint LSE-SOAS seminar series 'Japanese Economy and Society in Comparative Historical Perspective, held on 14 March 1990 at STICERD. The seminar...

This paper is concerned with the determinants of car prices in four European countries: Belgium, France, Germany and the United Kingdom, over the period 1970-1985. The main focus of the study lies in explaining the levels of, and the changes in, the large price differentials observed across the...

This paper sets out to model the evolution of market shares in the semiconductor industry. The time profile of market shares for different firms in this industry has shown a striking regularity over successive generations of products. In a model of vertical product differentiation three distinct...

Ces résultats sont tirés de travaux réalisés au Crédoc (Centre de Recherche pour l'Etude et l'Observation des Conditions de Vie), dans le département "Prospective de la Consommation", par Joèlle Maffre, François Yvon, Marie-Paule Bayol, Frédéric Oble, avec la participation de Isabelle...

Proposes a topology to capture a broad range of the country variation in such areas as recruitment and training practices, job demarcation, employee mobility and collective bargaining. Basis of the proposed topology; Implications of the empirical data on the labor markets in Great Britain and...

The market is a place where people behave quite relentlessly. If one person is selling a particular commodity at a higher price than others, no one will buy that commodity from him, however virtuous or merciful he is known to be. Of course, the actual world does not always work exactly in this...