International Economic Review

最新文章

• STRATEGIC TRADE PRACTICES IN THE PRESENCE OF A VER AI翻译
  作者：DEAN, JM; GANGOPADHYAY, S
  作者单位：Indian Statistical Institute; Indian Statistical Institute Kolkata
  摘要：We investigate the choice of competing exporters to move simultaneously or sequentially, when a VER has introduced both asymmetry and uncertainty amongst them. A restrained and an unrestrained exporter choose price strategically, under the threat of a VER on the latter. Given the choice, firms adopt a sequential move strategy, but which leads and which follows depends upon the threat of the second VER. The restricted firm thus sells its full quota, even if this threat is low.
• FILTERING AS A TEST OF SPECIFICATION AI翻译
  作者：CUSHING, MJ; MCGARVEY, MG
  作者单位：University System of Georgia; Georgia State University
  摘要：This paper generalizes the first differencing test proposed by Plosser, Schwert and White to the case of finite one-sided polynomial filters. We demonstrate that the filtering test is asymptotically equivalent to a Hausman-Wu test. This provides a computationally simple way of performing the test and analyzing the test's power. We show that the choice of lag weights is nontrivial for filters of order greater than one. By examining the optimal choice of filter, the paper shows under what circum...
• MAXIMIZING THE MARKET VALUE OF A FIRM TO CHOOSE DYNAMIC POLICIES FOR MANAGERIAL HIRING, COMPENSATION, FIRING AND TENURING AI翻译
  作者：ACHARYA, S
  作者单位：Federal Reserve System - USA; Federal Reserve System Board of Governors
  摘要：Sequentially incentive compatible policies for compensation, replacement and tenuring of chief executive officers (CEOs) exist when a firm maximizes its market value and CEOs maximize their expected utility of wealth. In equilibrium. these policies induce CEOs lo implement their firm's highest profit potential. The market value of a firm increases following replacement of CEOs. The probability of removal of a CEO decreases in the expected profits of the firm. but increases in the CEO's risk av...
• PENSIONS AND WAGES - AN HEDONIC PRICE THEORY APPROACH AI翻译
  作者：MONTGOMERY, E; SHAW, K; BENEDICT, ME
  作者单位：Carnegie Mellon University; University System of Ohio; Bowling Green State University
  摘要：This paper examines whether a tradeoff exists between the level of pension benefits and wages. The 1983 Survey of Consumer Finances in used to match detailed information on pension plans to worker characteristics for a random sample of the population. The pension-wage tradeoff is estimated using both a contractual model of the labor market and the spot market model used in previous studies. The results indicate a large negative tradeoff in the contractual model but only a negligible tradeoff i...
• DOMESTIC VIOLENCE - A NONRANDOM AFFAIR AI翻译
  作者：TAUCHEN, HV; WITTE, AD; LONG, SK
  作者单位：Wellesley College; National Bureau of Economic Research; Urban Institute
• RECURSIVE FACTOR OF PRODUCTION INTERRELATIONS AND ENDOGENOUS CYCLING AI翻译
  作者：CASSING, S; KOLLINTZAS, T
  作者单位：Athens University of Economics & Business
• NONPARAMETRIC HYPOTHESIS-TESTING WITH PARAMETRIC RATES OF CONVERGENCE AI翻译
  作者：RILSTONE, P
• INSIDE MONEY, OUTPUT, AND CAUSALITY AI翻译
  作者：FREEMAN, S; HUFFMAN, GW
• SYSTEMATIC DEPARTURES FROM THE FRONTIER - A FRAMEWORK FOR THE ANALYSIS OF FIRM INEFFICIENCY AI翻译
  作者：REIESCHNEIDER, D; STEVENSON, R
  作者单位：University of Wisconsin System; University of Wisconsin Madison
• MARKET INCENTIVES AND WORK INCENTIVES - THE QUESTION OF FLEXIBLE PRODUCTION AI翻译
  作者：DRAGO, R; TURNBULL, GK
  作者单位：Louisiana State University System; Louisiana State University