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We analyze the effects of trade liberalization on environmental policies in a strategic setting when there is transboundary pollution. Trade liberalization can result in a race to the bottom in environmental taxes, which makes both countries worse. This is not due to the terms of trade motive,...
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Using data on licensing of registered nurses (RNs) in Iowa and results of a labor-market survey sent to a subsample of the database, we investigate the factors influencing the decision to renew a nursing license or not. A disproportionate share of those who donï¾’t renew do so due to...
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Our context involves N Cournot oligopolists producing M products at constant marginal costs when preferences are quasi-linear. We identify relationships between second moments of unit costs and second moments of firm-level production. For example, a larger variance in unit costs of a product...
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