Publications des institutions partenaires
International arbitrage and the extensive margin of trade between rich and poor countries
We incorporate consumption indivisibilities into the Krugman (1980) model and show that an importer’s per capita income becomes a primary determinant of “export zeros”. Households in the rich North (poor South) are willing to pay high (low) prices for consumer goods; hence unconstrained monopoly pricing generates arbitrage opportunities for internationally traded products. Export...
Institution partenaire
English / 01/01/2018
A dynamic North-South Model of Demand-induced Product Cycles
This paper presents a dynamic North-South general-equilibrium model where per capita incomes shape demand patterns across regions. Innovation takes place in a rich North while firms in a poor South imitate products manufactured in North. Allowing a role for per capita incomes in determining demand delivers a complete international product cycle as described by Vernon (1966), where...
Institution partenaire
English / 01/01/2018
RWebData: A High-Level Interface to the Programmable Web
The rise of the programmable web offers new opportunities for the empirically driven sciences. The access to, compilation and preparation of data from the programmable web for statistical analysis can, however, involve substantial up-front costs for the practical researcher. The R-package RWebData provides a high-level framework that allows data to be easily collected from the...
Institution partenaire
English / 01/01/2018
Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2010
In the last 20 years, the share of top incomes in Switzerland has risen, while
exhibiting large variations. Switzerland is similar to European countries for the top
1% but closer to the U.S. for higher top income groups. With the synthetic control
method we close a time gap in the tax data, exploiting the fact that Swiss cantons
changed their tax system at...
Institution partenaire
English / 01/12/2017
Europe Fettered: The impact of crisis-era trade distortions on exports from the European Union
Having grown in real terms by 60% between 2000 to 2008, extra-EU exports have since stagnated. Stripping out other determinants of EU export growth, the focus here is on the impact of trade distortions imposed by foreign governments since the global economic crisis began. Our econometric analysis implies that crisis-era trade distortions held back EU Member State export growth to...
Institution partenaire
English / 01/12/2017
Hostage to fortune: Local labour markets and the case for trade
Institution partenaire
English / 01/11/2017
Ricardo’s relevance in today’s open but heavily distorted world trading system
Institution partenaire
/ 01/11/2017
Dyadic Value Distance: Determinants and Consequences
This paper establishes a measure of bilateral differences in values using 857 questions from the World Values Survey. We explore the determinants of value distance, linking it to geography as well as the historical relatedness of populations across 90 countries. Furthermore, we explore the explanatory power of value distance for the diffusion of technological development.
Institution partenaire
English / 27/10/2017
Investor Attention and Sentiment: Risk or Anomaly?
Are stocks' varying sensitivies to changing investor attention and sentiment priced? Employing internet search-based proxies for both, I find novel results that are consistent with theory. Stocks that co-vary negatively with increased investor attention to the stock market outperform in the following months in a behavior consistent with a risk premium. The pricing of co-...
Institution partenaire
English / 01/07/2017
The Return of the Leviathan: Public Policy and Evoluting Corporate Strategy�
Institution partenaire
/ 01/07/2017
Will Awe Trump Rules? The 21st GTA Report
Not since the London Summit of in April 2009 has protectionism had such a high profile in the run-up to a G20 Leader’s Summit. President Trump’s America First policies have drawn sharp criticism from leaders of other G20 governments. Accusations and counter-accusations of unfair trading practices have become a regular occurrence. So as to shed light on competing claims, this Global...
Institution partenaire
English / 01/07/2017
The Return of the Leviathan: Public Policy and Evoluting Corporate Strategy
Institution partenaire
/ 01/07/2017
Human Barriers to Trade
This paper investigates the impact of human barriers to international trade using ancestral distance as a measure of the relatedness between populations. In a new data set covering the universe of global trade, our findings document that country pairs with a high ancestral distance are less likely to trade with each other (extensive margin) and if they do trade, ancestral distance...
Institution partenaire
English / 06/01/2017
Russia’s New Concept of the State Migration Policy until 2025: A Reform towards Effective Policies for International Economic Migrants?
Russia’s new Concept of the State Migration Policy until 2025 (the CSMP) was approved on 13 June 2012. As the first comprehensive, nationwide document on migration policy in the modern history of Russia, it marks the beginning of a decisive reform of the country’s migration policy by departing from the existing focus on temporary foreign workers. The emphasis of the CSMP is on...
Institution partenaire
English / 01/01/2017
Uncovering Vote Trading Through Networks and Computation
We develop a new methodological framework for the empirical study of legislative vote trading. Building on the concept of reciprocity in directed weighted networks, our method facilitates the measurement of vote trading on a large scale, while estimating the micro-structure of trades between individual legislators. In principle, it can be applied to a broad variety of voting data and...
Institution partenaire
English / 01/01/2017
The WTO after TPP. How Worried Should Asian Governments Be
This paper critically evaluates the contention that the implementation of the Trans-Pacific Partnership would adversely affect the centrality of the World Trade Organization. Not only are many Asian nations members of the WTO, but some undertook major reforms to join. Contrary to much existing literature, it is argued here that governments in the Asia-Pacific region should not be...
Institution partenaire
/ 01/11/2016
How the Media Affects Attitudes towards Foreigners: Econometric Evidence
Institution partenaire
/ 07/10/2016
Direct Democracy, Postal Voting, and the Composition of Turnout
Existing work on the effects of electoral reforms suggests that decreasing the costs of voting may exacerbate rather than reduce representational biases in turnout. We argue that some electoral institutions may have more uniform mobilization effects than previously thought and exploit the sequential introduction of postal voting in Switzerland to analyze how an exogenous decrease in...
Institution partenaire
English / 01/10/2016
Gauging Procurement Policy Change During the Crisis-Era: Evidence from the Global Trade Alert.
This paper summarises the principal findings of the data collection efforts by the independent Global Trade Alert team on public procurement policy changes undertaken since November 2008. A particular focus is on policy changes that alter the relative treatment of domestic firms vis-à-vis foreign rivals. The ultimate goal of this paper is to inform other, ongoing data collection...
Institution partenaire
English / 01/09/2016
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