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Environmental policy instruments and ownership of firms 环境政策工具和企业所有权
The Manchester school of economic and social studies Pub Date : 2022-06-21 DOI: 10.1111/manc.12412
Juan Carlos Bárcena-Ruiz, María Begoña Garzón
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引用次数: 1
Fee versus royalty licensing in a Cournot duopoly with increasing marginal costs 边际成本增加的古诺双头垄断中的收费与特许权使用费许可
The Manchester school of economic and social studies Pub Date : 2022-06-06 DOI: 10.1111/manc.12411
Ramon Faulí-Oller, J. Sandonís
{"title":"Fee versus royalty licensing in a Cournot duopoly with increasing marginal costs","authors":"Ramon Faulí-Oller, J. Sandonís","doi":"10.1111/manc.12411","DOIUrl":"https://doi.org/10.1111/manc.12411","url":null,"abstract":"We consider a symmetric homogeneous Cournot duopoly operating under increasing marginal costs. One of the firms owns a patented superior technology that reduces the intercept of the marginal cost function. We compare the incentives of the insider patentee to license the technology to the rival firm either through a fixed fee or through a royalty. We obtain that royalty licensing does not necessarily dominates in our setting: when decreasing returns are important, a royalty is superior only for small enough innovations, whereas a fixed fee is chosen for large innovations. Aditionally, we show that our model is able to replicate the results in Wang (2002), which analyzes the same question in a differentiated duopoly with constant marginal costs. K","PeriodicalId":83172,"journal":{"name":"The Manchester school of economic and social studies","volume":"51 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82323781","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Analyzing the degree of persistence of economic policy uncertainty using linear and non‐linear fourier quantile unit root tests 利用线性和非线性傅立叶分位数单位根检验分析经济政策不确定性的持续程度
The Manchester school of economic and social studies Pub Date : 2022-06-04 DOI: 10.1111/manc.12410
Yi-Ting Peng, T. Chang, O. Ranjbar
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引用次数: 1
Dysfunctional presenteeism: Effects of physical and mental health on work performance 不正常出勤:身心健康对工作表现的影响
The Manchester school of economic and social studies Pub Date : 2022-04-18 DOI: 10.1111/manc.12402
M. Bryan, Andrew M. Bryce, Jennifer P. Roberts
{"title":"Dysfunctional presenteeism: Effects of physical and mental health on work performance","authors":"M. Bryan, Andrew M. Bryce, Jennifer P. Roberts","doi":"10.1111/manc.12402","DOIUrl":"https://doi.org/10.1111/manc.12402","url":null,"abstract":"","PeriodicalId":83172,"journal":{"name":"The Manchester school of economic and social studies","volume":"6 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85260873","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
INTRODUCTION TO THE SPECIAL ISSUE ON POVERTY TRAPS 关于贫穷陷阱的特刊导言
The Manchester school of economic and social studies Pub Date : 2012-07-01 DOI: 10.1111/J.1467-9957.2012.02312.X
S. Capasso, M. Carillo
{"title":"INTRODUCTION TO THE SPECIAL ISSUE ON POVERTY TRAPS","authors":"S. Capasso, M. Carillo","doi":"10.1111/J.1467-9957.2012.02312.X","DOIUrl":"https://doi.org/10.1111/J.1467-9957.2012.02312.X","url":null,"abstract":"","PeriodicalId":83172,"journal":{"name":"The Manchester school of economic and social studies","volume":"11 1","pages":"377-380"},"PeriodicalIF":0.0,"publicationDate":"2012-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83548694","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Special issue on: 'low pay, low skill, and low income': editors' introduction 特刊:“低薪、低技能和低收入”:编辑简介
The Manchester school of economic and social studies Pub Date : 2012-01-01 DOI: 10.1111/J.1467-9957.2011.02291.X
C. Lucifora, W. Salverda
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引用次数: 0
EQUILIBRIUM REAL EXCHANGE RATES 均衡实际汇率
The Manchester school of economic and social studies Pub Date : 2010-09-21 DOI: 10.1111/J.1467-9957.1992.TB01461.X
Stephen Wright
{"title":"EQUILIBRIUM REAL EXCHANGE RATES","authors":"Stephen Wright","doi":"10.1111/J.1467-9957.1992.TB01461.X","DOIUrl":"https://doi.org/10.1111/J.1467-9957.1992.TB01461.X","url":null,"abstract":"This paper analyzes the role of the real exchange rate in macroeconomic equilibrium. The supply-side equilibrium exchange rate, that level of the real exchange rate at which (relative) inflation is constant, is derived from a simple macro-model and related to the standard \"NAIRU\" model. The stabilizing role of monetary policy in adjustment towards the supply-side equilibrium exchange rate is analyzed both before and after entry to the exchange rate mechanism of the European Monetar System. Resolution of the conflict between supply-side and external equilibrium produces a stricter definition of the fundamental equilibrium exchange rate of J. Williamson. Copyright 1992 by Blackwell Publishers Ltd and The Victoria University of Manchester","PeriodicalId":83172,"journal":{"name":"The Manchester school of economic and social studies","volume":"28 1","pages":"63-84"},"PeriodicalIF":0.0,"publicationDate":"2010-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88009636","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
EXCHANGE RATE SURVEY DATA: A DISAGGREGATED G-7 PERSPECTIVE 汇率调查数据:七国集团分类视角
The Manchester school of economic and social studies Pub Date : 2010-09-21 DOI: 10.1111/J.1467-9957.1992.TB01460.X
R. MacDonald
{"title":"EXCHANGE RATE SURVEY DATA: A DISAGGREGATED G-7 PERSPECTIVE","authors":"R. MacDonald","doi":"10.1111/J.1467-9957.1992.TB01460.X","DOIUrl":"https://doi.org/10.1111/J.1467-9957.1992.TB01460.X","url":null,"abstract":"In this paper, some standard propositions pertaining to the formulation of foreign exchange market expectations are examined using a new survey database. The database has two novel features over such data used by other researchers. In particular, it consists of disaggregated survey responses for three key currencies conducted simultaneously in the G-7 countries. It is demonstrated, inter alia, that there are important intracountry and intercountry differences with respect to individual forecasting performances. This result indicates a substantial degree of suboptimal information processing. Copyright 1992 by Blackwell Publishers Ltd and The Victoria University of Manchester","PeriodicalId":83172,"journal":{"name":"The Manchester school of economic and social studies","volume":"94 1","pages":"47-62"},"PeriodicalIF":0.0,"publicationDate":"2010-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75967630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
Measuring Convergence of the EC Economies 衡量欧共体经济趋同
The Manchester school of economic and social studies Pub Date : 2010-09-21 DOI: 10.1111/J.1467-9957.1992.TB01463.X
S. Hall, D. Robertson, M. Wickens
{"title":"Measuring Convergence of the EC Economies","authors":"S. Hall, D. Robertson, M. Wickens","doi":"10.1111/J.1467-9957.1992.TB01463.X","DOIUrl":"https://doi.org/10.1111/J.1467-9957.1992.TB01463.X","url":null,"abstract":"The success of the EC's plans for economic and political integration depends upon the degree of economic convergence of the national economies. The study of convergence is concerned with the relative long-run behavior of a number of time series and therefore involves the simultaneous analysis of time series and cross-section data. Alternative measures of convergence are outlined and a preferred approach based on both cointegration and time-varying parameter (Kalman filter) analysis is outlined. These are then used to measure EC convergence. The broad conclusions are that convergence has been taking place within the EC economies but that it is a much slower and more protracted process than many commentators suggest. Copyright 1992 by Blackwell Publishers Ltd and The Victoria University of Manchester","PeriodicalId":83172,"journal":{"name":"The Manchester school of economic and social studies","volume":"17 1","pages":"99-111"},"PeriodicalIF":0.0,"publicationDate":"2010-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81929438","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 42
HEDGING INFLATION AND INCOME RISKS 对冲通胀和收入风险
The Manchester school of economic and social studies Pub Date : 2010-09-21 DOI: 10.1111/J.1467-9957.1995.TB01445.X
R. Shiller
{"title":"HEDGING INFLATION AND INCOME RISKS","authors":"R. Shiller","doi":"10.1111/J.1467-9957.1995.TB01445.X","DOIUrl":"https://doi.org/10.1111/J.1467-9957.1995.TB01445.X","url":null,"abstract":"This paper describes markets for long-term inflation risk and shows the relationship such markets would have to other potential new markets, markets for long-term claims on income aggregates. The paper presents advantages of indexed long-term bonds and advocates as well the establishment of markets for long-term futures in a consumer price index. The potential use for such long-term inflation risk markets is put into perspective here by comparing the long-term risks to the real value of nominal claims to the long-term risks to national products and dividend incomes using data on fifty-four countries for 1950-90. Copyright 1995 by Blackwell Publishers Ltd and The Victoria University of Manchester","PeriodicalId":83172,"journal":{"name":"The Manchester school of economic and social studies","volume":"17 1","pages":"1-21"},"PeriodicalIF":0.0,"publicationDate":"2010-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78184921","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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