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Paciello, Luigi; Pozzi, Andrea; Trachter, Nicholas - C.E.P.R. Discussion Papers - 2014

We study a model of firm price setting with customer markets and empirically evaluate its predictions. Our framework captures the dynamics of customers in response to a change in the price set by firms, describes the behavior of optimal prices in the presence of customer retention concerns, and...

Persistent link: https://www.econbiz.de/10011084630

Back to Keynes?

van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2005

After a brief review of classical, Keynesian, New Classical and New Keynesian theories of macroeconomic policy, we assess whether New Keynesian Economics captures the quintessential features stressed by JM Keynes. Particular attention is paid to Keynesian features omitted in New Keynesian...

Persistent link: https://www.econbiz.de/10005504355

Employment, Family Union and Childbearing Decisions in Great Britain

Aassve, Arnstein; Burgess, Simon; Dickson, Matt; … - C.E.P.R. Discussion Papers - 2003

in fertility levels. Changes in union formation and fertility levels, on the other hand, do have a significant impact on …

Persistent link: https://www.econbiz.de/10005504302

Cohort Size and Female Labor Supply

Gustafsson, Siv - C.E.P.R. Discussion Papers - 1990

Easterlin's relative income hypothesis projects for smaller cohorts increasing wages, increasing fertility and …

Persistent link: https://www.econbiz.de/10005662066

Purchased Child Care, Optimal Family Size and Mother's Employment

Ermisch, John F - C.E.P.R. Discussion Papers - 1988

that the impact of the mother's wage on her completed fertility varies with the market price of child care, and that this …

Persistent link: https://www.econbiz.de/10005792321

The Cash Opportunity of Childbearing: An Approach Using British Data

Joshi, Heather - C.E.P.R. Discussion Papers - 1987

The opportunity costs of rearing British children, in terms of cash earnings forgone by their mother, are estimated for a typical family. Data from the 1980 Women and Employment Survey provide estimates for hourly pay as a function of work experience and current hours of work. In addition, these...

Persistent link: https://www.econbiz.de/10005792397

The Career Costs of Children

Adda, Jérôme; Dustmann, Christian; Stevens, Katrien - C.E.P.R. Discussion Papers - 2011

-friendly occupations. We estimate a dynamic life-cycle model of fertility, occupational choice, and labor supply using detailed survey and …-female wage gap as it evolves from labor market entry onward and the effect of pro-fertility policies. We show that a substantial … portion of the gender wage gap is explainable by realized and expected fertility and that the long-run effect of policies …

Persistent link: https://www.econbiz.de/10009385756

Exchange Rate Regimes and Trade Prices: Does the EMS Matter?

Sapir, André; Sekkat, Khalid - C.E.P.R. Discussion Papers - 1993

This paper investigates the role of the exchange rate regime in the process of trade adjustment, by examining the relationship between trade prices and exchange rate regimes. The theoretical framework is a dynamic one à la Froot-Klemperer (1989). The empirical investigation takes advantage of...

Persistent link: https://www.econbiz.de/10005497720

Towards a Theory of Firm Entry and Stabilization Policy

Bergin, Paul R; Corsetti, Giancarlo - C.E.P.R. Discussion Papers - 2005

This paper explores the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We evaluate stabilization policy in the context of a simple analytically solvable sticky price model, where firms have to prepay a fixed cost of entry. The presence of endogenous...

Persistent link: https://www.econbiz.de/10005497957

Product Standards Coalitions in a Market without Borders

Casella, Alessandra - C.E.P.R. Discussion Papers - 1997

Traditional analyses of standards in international trade identify standards as government regulations and investigate the potential for distortion of trade flows. In reality, however, private industry groups exercise critical influence on the determination of technical standards. The composition...

Persistent link: https://www.econbiz.de/10005498057