infonet-economy

Over the last twenty years many countries have enacted and begun using antidumping legislation. These laws seek, amongst other goals, to deter injurious dumping. In this paper I describe some of the consequences for corporate decision-making and for the political economy of reforms if antidumping laws succeed in deterring dumping in the first place. Understanding these potential...

Non-maturing assets and liabilities (NoMALs) are those positions in a bank's balance that have no contractual maturity such as traditional savings deposits. For the calculation of transfer prices and the quantification of interest rate risk, a fix maturity profile must be assigned to a NoMAL position. Usually a replicating portfolio of fixed-income instruments with constant...

Looking back over the first four years of negotiation of the Doha Round this paper identifies and discusses a number of factors that are shaping negotiations among WTO members as they try to fulfil the development mandate for this multilateral trade negotiation. These factors are not just diplomatic in nature, indeed many relate to changes in how many view the potential impact of...

After presenting casual evidence of the difference between economists and the rest of the population, I review the survey and experimental evidence on this topic during the last 20 years. I then ask whether these results are applicable to real world situations. To consider this, examples of referenda results in Switzerland are presented where the citizens decided against...

The admittance of amicus curiae briefs in the US-Shrimp/Turtle dispute in 1998 stirred a debate among WTO Member States whether the dispute settlement procedure should be accessible for private individuals and entities. Developing countries firmly opposed the inclusion of amid curiae into the Disupute Settlement Understanding (DSU) and repeated their arguments frequently in cases...

Over the last twenty years, many researchers have attempted to explain the determinants of wage inequality. I propose a flexible, intuitive and semiparametric estimator of distribution functions in the presence of covariates. The conditional wage distribution is estimated by quantile regressions. Then, the conditional distribution is integrated over the range of the covariates to...