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Perfect Equilibrium in a Competitive Model of Arms Accumulation

Zeeuw, Aart J. de; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 1987

economy whose government uses optimal taxation to provide a public good, defense. The East is a centrally planned economy …. Utility depends on consumption, leisure and defense; defense is a characteristic which is an increasing function of the …

Persistent link: https://www.econbiz.de/10005656395

Media and Politics

Strömberg, David - C.E.P.R. Discussion Papers - 2015

This article provides a review of recent literature in economics on the effect of mass media on politics. The focus is on the welfare effects of mass media. I also discuss the likely implications of existing behavioral theories of media effects, developed outside of economics.

Persistent link: https://www.econbiz.de/10011168894

Protectionism Isn’t Counter-Cyclic (anymore)

Rose, Andrew K - C.E.P.R. Discussion Papers - 2012

Conventional wisdom holds that protectionism is counter-cyclic; tariffs, quotas and the like grow during recessions. While that may have been a valid description of the data before the Second World War, it is no longer accurate. In the post-war era, protectionism has not actually moved...

Persistent link: https://www.econbiz.de/10011083599

Trade and Investment under Policy Uncertainty: Theory and Firm Evidence

Handley, Kyle; Limão, Nuno - C.E.P.R. Discussion Papers - 2012

We provide theoretical and empirical evidence that policy uncertainty can significantly affect firm level investment … and entry decisions in the context of international trade. When market entry costs are sunk, policy uncertainty can create … dynamic, heterogeneous firms model we show that: (i) investment and entry into export markets is reduced when trade policy is …

Persistent link: https://www.econbiz.de/10011083993

Energy and Climate Change in China

Carraro, Carlo; Massetti, Emanuele - C.E.P.R. Discussion Papers - 2012

This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH. A Business-as-Usual scenario is compared with five scenarios in which Greenhouse Gases emissions are taxed, at different levels. The elasticity of China’s emissions is...

Persistent link: https://www.econbiz.de/10011084331

What Determines Immigrations' Impact? Comparing Two Global Centuries

Hatton, Timothy J.; Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2006

links between these economic relationships and immigration policy. It concludes with an explanation for the apparent … difference in immigration's impact in the two global centuries, and thus on policy. …

Persistent link: https://www.econbiz.de/10005656429

Back to Kyoto? US Participation and the Linkage Between R&D and Climate Cooperation

Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor; … - C.E.P.R. Discussion Papers - 2002

&D cooperation. This Paper explores this idea by analysing on the one hand the incentives for EU, Japan and Russia to adopt this …

Persistent link: https://www.econbiz.de/10005661540

The Todaro Paradox Revisited

Zenou, Yves - C.E.P.R. Discussion Papers - 2005

and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an …

Persistent link: https://www.econbiz.de/10005661672

Emissions Trading Regimes and Incentives to Participate in International Climate Agreements

Buchner, Barbara; Carraro, Carlo - C.E.P.R. Discussion Papers - 2004

, participation and optimal policy should be jointly analysed. Moreover, our results show that the US, Russia and China have different …

Persistent link: https://www.econbiz.de/10005661962

Designing a Cheaper and More Effective Unemployment Benefit System

Coles, Melvyn G - C.E.P.R. Discussion Papers - 1996

unemployed is particularly costly, this policy provides insurance equivalent to that provided by the current system. By reducing …

Persistent link: https://www.econbiz.de/10005662357