Download or read book Three Essays on the Economics of International Trade Law written by Daniela Benavente and published by . This book was released on 2010 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on the Nature of International Trade Law written by Robert E. Hudec and published by . This book was released on 1999 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Economics and Law written by Jonathan Brody Baker and published by . This book was released on 1986 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Law and Economics written by James Campbell Cooper and published by . This book was released on 2003 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of International Trade Law written by Daniel L. M. Kennedy and published by Cambridge University Press. This book was released on 2008-06-19 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, international experts from law, economics, and political science provide in-depth analysis of international trade issues. Attorneys, economists, and political scientists adopt an approach which considers WTO legal institutions as functioning in unexpected ways due to the political and economic conditions of their international environment. Topics include the constitutional dimensions of international trade law, adding and restructuring existing subjects, the legal relations between developed and developing countries, and the operation of the WTO dispute settle procedure. This will be an essential volume for professionals and academics involved with international trade policy.
Download or read book Three Essays in Law and Economics written by Robert M. Hunt (econoom.) and published by . This book was released on 1996 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in the Economics of Law and Language written by Hugo Marc Mialon and published by . This book was released on 2004 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in International Trade and Public Economics written by Margarita M. Kalamova and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 2012 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays of this book are contributions to the empirical Literature in International Trade and Public Economics. They deal with the relationship between the structure and quality of the public sector and the process of economic integration. Two of the essays add to the empirical determinants of trade and foreign direct investment (FDI) and to the numerous applications of the theory of government decentralization. Decentralization tends to discourage inward FDI and domestic trade and to increase imports and exports. A third essay focuses on the effect of governments' intangible assets - such as consumer perceptions about countries and products from these countries - on FDI. A country's nation brand is shown to have a significant and large positive effect on investment flows.
Download or read book Three Essays on Law and Economics written by Steven Tokar and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Law and Economics written by Asha Sadanand and published by . This book was released on 1984 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of Money and Financial Institutions written by Martin Shubik and published by MIT Press. This book was released on 1999 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Download or read book Globalization Without Cosmopolitanism written by Samuel Delpeuch and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first chapter looks at the role of trade and fiscal imbalances in trade policy decision-making. This chapter shows that bilateral trade deficits are robust predictors of tariff increases. The interactions between trade and budgetary balances are also explored and suggest that budgetary imbalances also contribute to the resurgence of trade tensions. The second chapter focuses on the consequences of financial globalization. Profit shifting can result in a downward distortion of productivity in companies and countries with high taxes. This hypothesis is tested on a database made up of all French companies and their foreign subsidiaries between 1997 and 2015. The opening of a subsidiary in a tax haven is associated with a systematic drop in productivity recorded in France. with a magnitude of 3%.The last chapter of the thesis asks the question of the implications of investment protection tools on the incentives of States to regulate. The misuse of these treaties can theoretically discourage States from regulating. This hypothesis is tested on the basis of the tobacco industry which has experienced significant regulatory change since 2005 and which has also been the scene of investor-State disputes. The initiation of dispute resolution is associated with a significant drop in the probability of adoption by other countries, which lends credence to the hypothesis of misuse of these legal tools.
Download or read book Three Essays on Health Economics and International Trade written by Kowsar Yousefi and published by . This book was released on 2012 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation contains two chapters on law and economics and one chapter on international trade. An important but under-researched issue for medical malpractice (med-mal) litigation is how physicians' previous medical malpractice experiences affect their behaviour. Using Florida data on closed med-mal claims, I find that if physicians have prior paid claims, their current litigation is resolved faster and is associated with less cost. Having a prior payout does not significantly predict the likelihood or the amount of the current payout. This suggests that ``learning'' occurs as a result of prior med-mal experience. As a theoretical motivation, I developed a dynamic version of the divergent expectations (DE) litigation model. The model predicts, consistent with the data, that physicians have a more realistic analysis of med-mal litigation if they have prior experience. Many robustness checks are carried out to test the results, including using a fixed effect framework, to which the results are robust. In the second chapter, we investigate the impact of ``duty to settle'' rule in predicting patterns in data. Prior models and studies of settlement ignore the insurer's ``duty to settle'' -- the obligation to settle within policy limits if it would be unreasonable to refuse a within-limits settlement offer. We incorporate the duty to settle into a structural model of settlement of medical malpractice claims, and then estimate the model using maximum likelihood methods applied to a Texas closed claims database. Both the data and our model predict: a mass of cases with a settlement demand by the plaintiff exactly at limits; a smaller but still sizeable mass of cases with settlement exactly at limits; very few above-limits payments by insureds; and when above-limits payments are made, they are often by insurers. The model does a reasonable job in predicting data moments, including fractions of cases settled at limits, settled above limits, and tried. Using the model in counterfactual analysis, we predict: (i) with no duty to settle, more cases will be tried; (ii) with strict insurer liability for not settling within limits, there will be fewer trials and more above limits payments by insurers; and (iii) the duty to settle will rarely cause insurers to pay more than the expected value of claims. The third chapter of this dissertation is on international trade. There is a well established literature on the impact of sovereign debt renegotiation on bilateral trade, including Rose (2005) among others. However, there is no study that disentangles impacts of renegotiation on the intensive and extensive margins, where the former is the trade volume of established bilateral trading relationships and the latter is the number of established relationships. This study employs the UNComTrade dataset and debt renegotiation data from the Paris Club for over 150 countries in order to address the impact of a debt renegotiation on the extensive margin of trade. This paper finds that bilateral trade volume declines following a sovereign debt renegotiation. The result is robust to the use of trade lags as instrumental variables to address endogeneity. Consistent with the trade literature, this study documents a negative impact of a debt renegotiation on the trade value using the Tobit approach in a fixed effect model, to appropriately handle censored data. Interestingly, a comparison between the marginal impacts of a debt renegotiation on the extensive and the intensive margins shows that the former effect has at least the same magnitude as the latter.
Download or read book Three Essays on International Trade Competition and Trade written by Tŏk-kŭn An and published by . This book was released on 1996 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Future of Law and Economics written by Guido Calabresi and published by Yale University Press. This book was released on 2016-01-28 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, “economic analysis of law,” examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike.
Download or read book Three Essays in International Finance written by Byong-Ju Lee and published by Stanford University. This book was released on 2011 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis consists of three essays on international finance. The first essay is "Exchange rates and Fundamentals". A new open interest rate parity condition that takes account of economic fundamentals is developed from stochastic discount factors (SDFs) of two countries. Through this parity condition, business cycles or fundamentals are linked to exchange rates. Key empirical findings from this parity condition are as follows. First, this model beats the random walk hypothesis: economic fundamentals explain exchange rate movements for high interest rate currencies. Exchange rates of low interest rate currencies act like a random walk because they are less correlated with fundamentals owing to their low risk. For example, U.S. business cycles explain the direction of changes in exchange rates against the dollar. The same thing is true for Japan. Second, this model resolves the forward premium puzzle: the forward premium puzzle is not a general characteristic as regarded in previous studies. It happens when the risk awareness of investors is low, during economic expansions and for low risk currencies. The second essay is "Carry Trade and Global Financial Instability". Carry trade, an opportunistic investment strategy that takes advantage of interest rate differential across countries, is identified the cause of the large-scale depreciations of peripheral currencies in the later half of 2008. A simultaneous equations model, which is derived from a conceptual partial equilibrium model for a local foreign exchange market, is estimated from a cross-sectional sample. The results suggest that the larger appreciation of the yen than the dollar was brought about by a lack of the local supply of the yen rather than a more severe crunch of yen credits. The third essay is "The Economic Origin of Letters of Credit". This essay discusses the economic origin of letters of credit, an instrument widely used in international trade. A game theoretical analysis shows that letters of credit improve efficiency in trade settlements, increasing returns in trade. A few notable facts on letters of credit are discussed. First, the new institution is adopted by merchant banks to maximize their profits and in the process, an improvement in efficiency of international transactions is obtained. Second, the organization established by the legacy institution, bills of exchange, played a critical role in adopting the new institution. Third, the legal enforcement is not essential in this economic institution. Finally, two drivers are identified that improve efficiency of transactions: concentration and projection.
Download or read book Three Essays in the New International Trade Theory written by Taiji Furusawa and published by . This book was released on 1994 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
