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Optimum Tariffs and Retaliation: How Country Numbers Matter
(Vanderbilt University, 2008)
This paper presents a North-South model of international trade in which (i) there is a relatively small number of countries in the North and (ii) the North is relatively abundant in capital while the South is relatively ...
Shared Destinies and the Measurement and of Social Risk Equity
(Vanderbilt University, 2008)
The evaluation of social risk equity for alternative probability distributions over the potential sets of fatalities is analyzed axiomatically. Fishburn and Straffin [Equity considerations in public risks valuation, ...
Competition over Standards and Taxes
(Vanderbilt University, 2008)
We show that, in competition between a developed country and a developing country over standards and taxes, the developing country may have a 'second mover advantage.' A key feature of standards is that, unlike public goods ...
Incentives and the Effects of Publication Lags on Life Cycle Research Productivity in Economics
(Vanderbilt University, 2011)
We investigate how increases in publication delays have affected the life-cycle of publications of recent Ph.D. graduates in economics. We construct a panel dataset of 14,271 individuals who were awarded Ph.D.s between ...
Size Inequality, Coordination Externalities and International Trade Agreements
(Vanderbilt University, 2011)
Developing countries now account for a significant fraction of both world trade and two thirds of the membership of the World Trade Organization (WTO). However, many are still individually small and thus have a limited ...
The Economics of Cloud Computing
(Vanderbilt University, 2011)
Cloud computing brings together several existing technologies including service oriented architecture, distributed grid computing, virtualization, and broadband networking to provide software, infrastructure, and platforms ...
On the Relationship between Preferential and Multilateral Trade Liberalization: The Case of Customs Unions
(Vanderbilt University, 2011)
This paper analyzes a game of trade policy (called Bilateralism) between three countries in which each country chooses whether to liberalize trade preferentially in the form of a Customs Union (CU), multilaterally, or not ...
Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level?
(Vanderbilt University, 2011)
We introduce the real exchange rate volatility curve as a useful device to understand the relationship between price stickiness and the fluctuations in Law of One Price deviations. In the presence of both nominal and real ...
Strategic Competition and Optimal Parallel Import Policy
(Vanderbilt University, 2011)
This paper shows that parallel import policy can act as an instrument of strategic trade policy. We demonstrate this result in two-country international duopoly where a domestic monopolist competes with a rival firm in the ...
Developing Country Second-Mover Advantage in Competition over Environmental Standards and Taxes
(Vanderbilt University, 2011)
We show that, in competition between a developed country and a developing country over environmental standards and taxes, the developing country may have a `second-mover advantage.' In our model, firms do not unanimously ...