Narrow search
Showing 1 - 10 of 175
Cover Image
Imperfect competition in product markets and labor markets, general equilibrium and unemployment
Schniewind, Achim - 2000
, low real wages and low unemployment results. With an intermediate view, when partial equilibrium effects are taken into … account, high real wages and unemployment results. If all general equilibrium effects are incorporated at once, again low real … wages and low unemployment results. We thus have obtained a hump-shaped relationship between the extend of feedback effects …
Persistent link: https://www.econbiz.de/10009476214
Cover Image
Outside finance, dominant investors and strategic transparency
Perotti, E.C.; Thadden, E.-L. von - 2001
This paper studies the incentives for transparency under different forms of corporate governance in a context of product market competition. This paper endogenizes the governance and financial structure of firms and determines a strategic decision on the degree of transparency in a context of...
Persistent link: https://www.econbiz.de/10009460045
Cover Image
Outside finance, dominant investors and strategic transparency
Perotti, E.C.; Thadden, E.-L. von - 2001
This Paper studies the incentives for transparency under different forms of corporate governance in a context of product market competition. This Paper endogenizes the governance and financial structure of firms and determines a strategic decision on the degree of transparency in a context of...
Persistent link: https://www.econbiz.de/10009460052
Cover Image
Emissions Trading and Intersectoral Dynamics: Absolute versus Relative Design Schemes
de Vries, Frans P.; Dijkstra, Bouwe R.; McGinty, Matthew - 2011
This paper examines the interdependence between imperfect competition and emis-sions trading in a two-sector (clean and dirty) economy. We compare the welfare implica-tions of an absolute cap-and-trade scheme (permit trading) with a relative intensity-basedscheme (credit trading). We nd...
Persistent link: https://www.econbiz.de/10009465954
Cover Image
Indeterminacy of intertemporal equilibria under imperfect competition
Kaas, Leo - 2001
stationary equilibria. The reason of this indeterminacy is that different price expectation functions of consumers lead to …
Persistent link: https://www.econbiz.de/10009471633
Cover Image
A new model of equilibrium involuntary unemployment
Kaas, Leo; Madden, Paul - 2004
with firms, on both the labour and the output market. Firms decide wages, employment, output and prices, and under constant …
Persistent link: https://www.econbiz.de/10009471634
Cover Image
Non-existence of market-clearing wages when the output market is imperfectly competitive
Kaas, Leo; Madden, Paul - 2004
marketclearing wage. Instead, at some wages, there can be two equilibria, one with involuntary unemployment and one with unfilled …
Persistent link: https://www.econbiz.de/10009471635
Cover Image
Imperfectly competitive cycles with Keynesian and Walrasian features
Kaas, Leo; Madden, Paul - 2005
We consider a multi-sector overlapping generations model with oligopolistic firms in the output markets and wage-setting trade unions in the labour markets. A coordination problem between firms creates multiple temporary equilibria which are either Walrasian or of the Keynesian unemployment...
Persistent link: https://www.econbiz.de/10009471636
Cover Image
Die Rolle von Marktstruktur und Tarifvertrag für das Problem beziehungsspezifischer Investitionen
Pohl, Hartmut - 2001
In empirischen und theoretischen Untersuchungen wird die Rolle von Verträgen für das Zustandekommen von ökonomischen Transaktionen auf Arbeitsmärkten betont. Da die Investitionstätigkeit in Sach- und Humankapital sowie in Forschung und Entwicklung häufig spezifisch erfolgt, ist es...
Persistent link: https://www.econbiz.de/10009471912
Cover Image
Assessing the Impact of Recent Trade Policy Changes in the Banana Market under Alternative Market Structures
Anania, Giovanni; Scoppola, Margherita - 2010
The paper focuses on the importance of the assumptions made about market structure andfirm behaviors in empirical trade policy analysis. It addresses this issue with reference torecent changes in the EU import regime for bananas, namely the Economic PartnershipAgreements and the December 2009...
Persistent link: https://www.econbiz.de/10009483596