Publications des institutions partenaires
The cross-country Engel curve for product diversification
This paper employs ICP expenditure data to investigate the relationship between income and product diversity. It turns out that per-capita income has a strong positive impact on the number of products consumed at a non-negligible level in a country, and a significant negative impact on the concentration of consumers' expenditure across different goods categories. Inequality in...
Institution partenaire
English / 01/01/1996
Labor Markets, Production Strategies, and Wage Bargaining Institutions: The Swedish Employer Offensive in Comparative Perspective
Institution partenaire
English / 01/01/1996
Social Movements and Institutional Selectivity
Contrary to what is usually implied by work on the relationship between political opportunity structures and social movements, political institutions are not a general setting offering or denying formal access and political opportunities to every challenge, but rather favor certain types of movements and constrain others. This process of institutional selectivity depends on the...
Institution partenaire
English / 01/01/1996
Modelling Income Distribution in Spain: A Robust Parametric Approach
This paper presents a robust estimation of two income distribution models using Spanish data for the period 1990-91 under three different concepts of income. The effect on the estimates of the Theil index due to the choice of the definition of income and of the estimation method is also analysed.
Institution partenaire
English / 01/01/1996
Stochastic Programming Tutorial for Financial Decision Making (The Saddle Property of Optimal Profits)
The complexity of the interaction between time and uncertainty made finance models to one of the most important applications of probability theory and optimization theory. Stochastic programming combines those two fields with the intention to design methodologies for planning under uncertainty. This tutorial consists of two parts, written for practitioners, in particular financial...
Institution partenaire
English / 01/01/1996
What size should banks want to be?
Contents
1. The optimal size of a single bank depends on the technology
2. To which degree should a bank wish to be regulated?
3. Banks versus capital markets
Institution partenaire
English / 01/01/1996
Trade Liberalisation in South East Asia
Washington, D.C.; 1996; Download des Manuskripts: (pdf, 461k)
Institution partenaire
English / 01/01/1996
The Theory of Transfers in a Multilateral World: The Customs Union Case with Structural Adjustment
In this paper the transfer problem is analysed in a three country, three commodity (including one non-traded good) trade model where two countries belong to a customs union. The three countries A, B and C each produce three goods and engage in an asymmetric pattern of trade. Countries A and B form a customs union and C remains outside the union. Several results are obtained....
Institution partenaire
English / 01/01/1996
Tax evasion, consumption of public goods and fairness
This study shows that in general the impact of equity on tax evasion depends on how the taxpayer's risk aversion is affected by perceived equity. Then possible reasons are discussed why an increase in perceived equity may increase a person's risk aversion and thus lead to a decrease of evasion. An economic as well as a psychological argument are presented which can explain...
Institution partenaire
English / 01/03/1995
Energy security Coping with multiple supply risks
This study starts from the observation that today's Western trading nations are exposed to multiple risks of energy supplies, eg simultaneous shortage of oil and gas supplies. To cope with these risks, both oil and gas can be stockpiled. Adopting the viewpoint of a policy maker who aims at minimizing the expected cost of security of supply, optimal simultaneous adjustments of...
Institution partenaire
English / 01/01/1995
Diffusion of hospital innovations in different institutional settings
This paper purports to analyze a hospital's adoption of both product and process innovation as a quantal choice. The impacts of this decision on physicians, while depending on institutions that differ between the US and continental Europe, are shown to feed back to the hospital, influencing the profitability of the innovation. Recent changes of hospital finance give rise to...
Institution partenaire
English / 01/01/1995
Collective action, migration and welfare states
In current welfare state analysis there is little theory to explain the action of exclusive groups. This article explores the possibilities of a theory that focuses on the interaction between individual choices and strategies, the formal systems, policies and rules of governments and the informal norms and practices of groups. The argument is that club theory, a branch of public...
Institution partenaire
English / 01/01/1995
Happiness and unemployment: a panel data analysis for Germany
We use data from the German Socio-Economic Panel to investigate how individual happiness is affected by unemployment. Unemployment has a large and negative effect even after controlling for individual specific fixed effects. Nonparticipation, in contrast, is much less harmful to happiness. Further, we decompose the total well-being costs of unemployment and find that well above three...
Institution partenaire
English / 01/01/1995
Duration dependence and dispersion in count - data models
This paper explores the relation between non-exponential waiting times between events and the distribution of the number of events in a fixed time interval. It is shown that within this framework the frequently observed phenomenon of overdispersion, i.e. a variance that exceeds the mean, is caused by a decreasing hazard function of the waiting times, while an increasing hazard...
Institution partenaire
English / 01/01/1995
Product and process flexibility in an innovative environment
This article studies several attributes of a firm's long-run decisions about organizational structure, attributes that affect the firm's short-run innovative activity. We focus on flexibility, which lowers the future costs of implementing innovations, and research capabilities, which improve the future opportunities for innovation. We consider two dimensions of innovation:...
Institution partenaire
English / 01/01/1995
On the effects of price or quality. Regulations in a Monopoly market
Institution partenaire
English / 01/01/1995
From Comparative Public Policy to Political Economy: Putting Political Institutions in their Place and Taking Interests Seriously
The historical institutionalist tradition in comparative politics commonly assigns analytical primacy to political institutions. Whereas this polity-centeredness may be quite justifiable for purposes of comparative public policy, students of comparative political economy should pay systematic attention not only to economic institutions but also to a range of economic-structural...
Institution partenaire
English / 01/01/1995
Are Grouped Data Robustly Fitted?
In this paper we compute the IF of a general class of estimators for grouped data, namely the class of MPE. We find that this IF can be large although it is bounded. Therefore, we propose a more general class of estimators, the MGP-estimators, which include the class of estimators based on the power divergence statistic and permits to define robust estimators. By analogy with Hampel...
Institution partenaire
English / 01/01/1995
Choosing between two parametric models robustly
In this paper we propose a robust version of Cox-type test statistics for the choice between two non-nested hypotheses. We first show that the influence of small amounts of contamination in the data on the test decision can be very large. Secondly we build a robust test statistic by using the results on robust parametric tests available in the literature and show that the level of...
Institution partenaire
English / 01/01/1995
Comment on Sherwin Rosen, "Managerial Compensation, Control, and Investment"
Institution partenaire
English / 01/01/1995
Pages
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