infonet-economy

Not available in German The Netherlands have experienced an employment miracle since the 1980s. This note investigates what happened to the wage, unemployment, and non-employment structures between 1988 and 1998, when both unemployment and non-employment rates decreased markedly. Surprisingly, I find no significant changes in the wage structures, although there clearly was wage...

This paper estimates the effects of several American law firms' international networks of offices on the total value of overseas mergers and acquisitions (M&A) by US corporations. Nowdays many nations can review proposed mergers and US law firms help clients overcome such regulatory hurdles, effectively greasing the market for corporate control. However, they can also oppose...

Little is known on the existence of negative relative demand shocks against low-skilled workers on a ‘US-style' deregulated labour market with a ‘German-style' vocational (apprenticeship) education system. Switzerland provides an appealing testing ground to investigate this question. Traditionally a ‘zero unemployment' economy, Switzerland has seen an unprecedented...

Die Landwirtschaft war weltweit jahrzehntelang von den multilateralen Handelsregeln faktisch ausgenommen. Marktabschottung nach aussen sowie ein Wildwuchs bei internen Stützungsmassnahmen und Exportsubventionen führten zu verzerrten Produktions- und Handelsmustern.Erst mit der Uruguay-Runde der WTO hat eine Rückführung des Agrarhandels unter die multilaterale Handelsdisziplin...

Antidumping ist zum bevorzugten Instrument für temporäre Handelsbeschränkungen avanciert. Diese Entwicklung gibt Anlass zur Sorge, da Antidumping mit stark negativen Wohlfahrtseffekten einhergeht. Zahlreiche Reformvorschläge wurden in der Vergangenheit gemacht. Sie beinhalten im wesentlichen strengere Vorbedingungen für die Benutzung des Instruments, was zu einer Schmälerung...

In September 2003 members of the World Trade Organization (WTO) must decide the terms of upon which any negotiations on a multilateral framework on competition policy are to be conducted. This decision will involve determining which, if any, provisions should be included in such a framework, and of particular interest here is the desirability of including of possible provisions on so...

In the past there was hardly any use of economic instruments in environmental policy, mainly command and control measures were used. More recently, ecological taxes as well as tradable permits became more popular and voluntary agreements have been implemented. Using the Public Choice approach we ask for the reasons of this wider acceptance of economic instruments. We conclude that...