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Taking the lead – how the global South could benefit from climate finance, technology transfer, and from adopting stringent climate policies

In this chapter, I argue that the countries in the South can gain from stringent own climate policies. This is so, as in the current situation, the south tends to be dominated by the climate policies of northern countries and climate finance largely supports single projects and technology transfer that are not embedded in a broader policy framework in southern countries. Adopting own...

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English / 01/01/2010

Declining valuations and equilibrium bidding in central bank refinancing operations

Among the most puzzling observations on the euro money market are the discount in the weekly refinancing operations, the more aggressive bidding under uncertainty, the temporary flatness of bid schedules, and the development of interest rate spreads. To explain these observations, we consider a standard divisible-good auction with either uniform or discriminatory pricing, and place...

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English / 01/01/2010

The contentious politics of unemployment in Europe: welfare states and political opportunities

This book provides a novel approach to unemployment as a contested political field in Europe and examines the impact of welfare state regimes, conceived as political opportunity structures specific to this field, public debates and collective mobilizations in unemployment politics.

Institution partenaire

Université de Genève

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English / 01/01/2010

The UN Global Compact as a Learning Approach

It is our intention here to discuss the consequences of globalization for corporate responsibility and global governance. We shall highlight the role of the Global Compact and its goals and describe Corporate Social Responsibility (CSR) as a corporate learning process. We shall then discuss the challenges in this learning process by pointing out what corporations must learn, and...

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English / 01/01/2010

Frauen in Führungspositionen in der Wirtschaft

In fast allen Ländern sind Frauen in Führungspositionen – gemessen an ihrem prozentualen Vorkommen als Erwerbstätige -immer noch stark unterrepräsentiert. Dieser Beitrag analysiert den Frauenanteil in Kaderpositionen in der Schweiz und diskutiert optionale Erklärungen für die Unterrepräsentation von Frauen:(1)Diskriminierung in Folge des vorherrschenden Stereotypes männlicher...

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Deutsch / 01/01/2010

The logit-response dynamics

We develop a characterization of stochastically stable states for the logit-response learning dynamics in games, with arbitrary specification of revision opportunities. The result allows us to show convergence to the set of Nash equilibria in the class of best-response potential games and the failure of the dynamics to select potential maximizers beyond the class of exact potential...

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English / 01/01/2010

BMI distribution/social stratification in Swiss conscripts from 1875 to present

Background/Objectives:We aimed to extend the actual overweight discussion with new unbiased Swiss conscript data from 2005 to 2006, and to present for the first time Swiss data on body mass index (BMI) before 1950 and for the late-nineteenth century.Subjects/Methods:For this study, 19-year-old Swiss male conscripts (draft army; Cantons Bern, Zurich, Basel-Stadt and Basel-Land) from...

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English / 01/01/2010

Eyes are on us, but nobody cares: are eye cues relevant for strong reciprocity?

Strong reciprocity is characterized by the willingness to altruistically reward cooperative acts and to altruistically punish norm-violating, defecting behaviours. Recent evidence suggests that subtle reputation cues, such as eyes staring at subjects during their choices, may enhance prosocial behaviour. Thus, in principle, strong reciprocity could also be affected by eye cues. We...

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English / 01/01/2010

Self-selection models for public and private sector job satisfaction

We discuss a class of copula-based ordered probit models with endogenous switching. Such models can be useful for the analysis of self-selection in subjective well-being equations in general, and job satisfaction in particular, where assignment of regressors may be endogenous rather than random, resulting from individual maximization of well-being. In an application to public and...

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English / 01/01/2010

F&E-Zusammenarbeit von Hochschulen und Unternehmen

Die Wirtschaft am Standort Schweiz steht in einem intensiven
internationalen Innovationswettbewerb. Eine gute Zusammenarbeit zwischen Hochschulen und Unternehmen im Bereich Forschung und Entwicklung (F&E)ist dabei besonders wichtig, damit die sich bietenden Chancen genutzt
werden können. Allerdings sind damit auch Probleme verbunden
– insbesondere im Umgang mit...

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Deutsch / 01/01/2010

Do red herrings swim in circles? Controlling for the endogeneity of time to death

Studies on the effect of ageing on health care expenditure (HCE) have revealed the importance of controlling for time-to-death (TTD). These studies, however, are subject to possible endogeneity if HCE influences the remaining life expectancy. This paper introduces a 10-year observation period on monthly HCE, socioeconomic characteristics and survivor status to first predict TTD and...

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English / 01/01/2010

Monotone comparative statics with separable objective functions

The sum of a supermodular function, assumed nondecreasing in the choice variable, and of a 'concavely supermodularizable' function, assumed nonincreasing in the parameter variable, satisfies the Milgrom-Shannon (1994, Monotone comparative statics, Econometrica 62, 157-180) single crossing condition. As an application, I prove existence of a pure strategy Nash equilibrium in...

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English / 01/01/2010

How syndicate short sales affect the informational efficiency of IPO prices and underpricing

When a company goes public, it is standard practice that the underwriting syndicate allocates more shares than are issued. The underwriter thus holds a short position that it commonly fills by aftermarket trading when market prices fall or, when prices rise, by executing the so-called overallotment option. This option is a standard feature of initial public offering (IPO)...

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English / 01/01/2010

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