Download or read book Product Standards Coalitions in a Market Without Borders written by Alessandra Casella and published by . This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 of these groups is affected by technology and market conditions, and in an integrated market the alliances of private firms are likely to cross national boundaries, generating harmonization bottom. across economic activities and across countries, economic integration should bring increased harmonization across countries and finer differentiation across products. Empirical evidence from the United States and the European Union, although mostly anecdotical, supports this prediction.
Download or read book Working Paper written by and published by . This book was released on 1998 with total page 718 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Coalitions Across Borders written by Joe Bandy and published by Rowman & Littlefield. This book was released on 2005 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Coalitions Across Borders' examines aspects of transnational movements that mobilise in protest against the inequities of the neo-liberal international order.
Download or read book Product Market Integration written by Helena Maria Guimaraes and published by Emerald Group Publishing. This book was released on 2010-08-18 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses the issue of product market integration within the European Union (EU) from a multidisciplinary approach that ranges from economics to political science and sociology. This book assesses the functioning of the EU Internal Market and evaluates the need for differentiated integration in an enlarged and heterogeneous EU.
Download or read book Bulletin written by and published by . This book was released on 1998 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The WTO and Technical Barriers to Trade written by Spencer Henson and published by Edward Elgar Publishing. This book was released on 2005 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative volume brings together for the first time the foremost research and commentary on technical barriers to trade. It explores the major theoretical issues associated with analysis of the impact of technical measures on trade in goods and the challenges associated with attempts to quantify impacts on trade flows. Previous empirical analyses of the impact of technical barriers on trade in goods in general are then presented. This is followed by in-depth coverage of the trade effects of sanitary and phytosanitary (SPS) measures, an area where analysis is particularly challenging. Finally, the volume concludes by exploring institutional efforts to overcome the impact of technical barriers, including harmonization of standards and the role of the WTO. The WTO and Technical Barriers to Trade will be an invaluable source of reference for academics, students and policymakers alike.
Download or read book Journal of Economic Integration written by and published by . This book was released on 2006 with total page 982 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The CEA written by Martin S. Feldstein and published by . This book was released on 1997 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Techniques to Extract Market Expectations from Financial Instruments written by Paul Söderlind and published by . This book was released on 1997 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is a selective survey of new or recent methods to extract information about market expectations from asset prices for monetary policy purposes. Traditionally, interest rates and forward exchange rates have been used to extract expected means of future interest rates, exchange rates and inflation. More recently, these methods have been refined to rely on implied forward interest rates, so as to extract expected future time-paths. Very recently only the means but the whole (risk neutral) probability distribution from a set of option prices.
Download or read book Contents of Recent Economics Journals written by and published by . This book was released on 1997-12-19 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Portfolio Approach to a Cross sectoral and Cross national Investment Strategy in Transition Economies written by Willem H. Buiter and published by . This book was released on 1997 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper takes a systematic look at the portfolio choice problem faced by Investment Banks or Funds investing in transition economies. We relate the performance of projects in the transition economies to the broader macroeconomic and international environment, which affect the project through its input-output structure and its financial balance sheet. Among the macroeconomic determinants of enterprise behavior we consider are productivity growth, real wage growth, movements in the international terms of trade, shocks to the relative price of traded and non-traded goods, domestic and foreign interest rates, currency depreciation and the rate of inflation. We evaluate the attractiveness of alternative investment strategies and provisioning rules from the perspective of portfolio theory.
Download or read book Order from Chaos written by Rosella Gardecki and published by . This book was released on 1997 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the consequences of initial periods of churning,' floundering about,' or mobility' in the labor market to help assess whether faster transitions to stable employment relationships--such as those envisioned by advocates of school-to-work programs--would be likely to lead to better adult labor market outcomes. Our interpretation of the results is that there is at best modest evidence linking early job market stability to better labor market outcomes. We find that adult labor market outcomes (defined as of the late 20s or early to mid-30s) are for the most part unrelated to early labor market experiences for both men and women. This evidence does not provide a compelling case for efforts to explicitly target the school-to-work transition, insofar as this implies changing the structure of youth labor markets so that workers become more firmly attached to employers, industries, or occupations at.
Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 1996 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Re emerging Markets written by William N. Goetzmann and published by . This book was released on 1997 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent research shows that emerging markets are distinguished by high returns and low covariances with global market factors. These are striking results because of their immediate implications for the international investor. One key issue is whether these results may be attributed to recent emergence. Most of today's emerging markets are actually re-emerging markets, i.e. markets that attracted international attention earlier in the century, and for various political, economic and institutional reasons experienced discontinuities in data sources. To analyze the effects of conditioning on recent emergence, we simulate a simple, general model of global markets in which markets are priced according to their exposure to a world factor; returns are only observed if the price level exceeds a threshold at the end of the observation period. The simulations reveal a number of new effects. In particular, we find that the brevity of a market history is related to the bias in annual returns as well as to the world beta. These patterns are confirmed by long-term histories of global capital markets and by recent empirical" evidence on emerging and submerged markets. Even though these results can also be explained by alternative theories, the common message is that basing investment decisions on the past performance of emerging markets is likely to lead to disappointing results
Download or read book The Valuation of the Foreign Income of U S Multinational Firms written by Gordon M. Bodnar and published by . This book was released on 1997 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper demonstrates the value-relevance of foreign earnings for U.S. multinational firms by examining the associations between annual abnormal stock performance and changes in firms' domestic and foreign incomes disclosed through SEC Regulation?210.4-08(h). For 2570 firm-year observations between 1985 and 1993, both foreign and domestic earnings changes have significant positive associations with annual excess returns measures; however, the association coefficient on foreign income is significantly larger than the association coefficient on domestic income. This indicates that foreign earnings disclosures are value-relevant and suggests that firm value is more sensitive to foreign earnings than domestic earnings. We demonstrate that this larger foreign association coefficient is consistent with differences in growth opportunities between domestic and foreign operations. To further support the growth opportunity interpretation of the results, we demonstrate that larger foreign association coefficients are not due to the influence of exchange rate changes or the result of methodological problems such as differences in the timing of foreign versus domestic earnings recognition or misspecification in the earnings expectation process.
Download or read book Business Cycles and Compositional Variation in US Unemployment written by Jaap H. Abbring and published by . This book was released on 1997 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Timing of Work Time Over Time written by Daniel S. Hamermesh and published by . This book was released on 1996 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The incidence of evening and night work declined sharply in the United States between the early 1970s and the early 1990s, while the fraction of work performed at the fringes of the traditional regular working day grew. The secular decline in evening and night work did not result from industrial shifts or demographic changes. It was greatest at the upper end of the wage distribution, slowest among workers in the lowest quartile of wages. The observed changes in timing are consistent with and magnify the increase in wage inequality in the U.S. that occurred during this period. They are easily explained by a model that views evening/night work as a disamenity, with rising real incomes causing workers to shift away from such work in the presence of only neutral technical change in the profitability of work at different times of day.
