1,335 research outputs found
An empirical examination of the currency denomination of trade
No full textThe currency denomination of trade has important effects on inflation and the macroeconomic transmission of shocks. This study examines the currency denomination of Italian exports and imports with countries outside the European Union during 2010. By using a unique dataset we find evidence to suggest that invoicing currencies do not always have consistent determinants. Significant effects, new to the literature, include the massive, robust effect of geography and tax treaties, which suggest the importance of information asymmetry. The distance between trading partners has one of the largest marginal effects, increasing the likelihood of vehicle currency use relative to the euro
Migration and the currency denomination of trade
No full textUsing a large, transaction level, data set of Italian exports and imports with non-European Union countries, we assess the role of migrants’ networks in shaping the currency denomination of trade. Our results, new to the literature, show sizable, significant effects of migration on the currency denomination of trade. Generally, more migrants lead to more invoicing in the exporter’s and importer’s currency relative to a vehicle currency, higher educated migrants increase invoicing in the exporter’s and importer’s currency relative to a vehicle currency, and Italian migrants living in foreign countries have a greater impact relative to foreign migrants living in Italy
Creating and Leading in an Environment of Collaboration
No full textIn an age of increasingly complex social issues, a global economy, renewed emphasis on positive outcomes, and a scarcity of resources; a culture of collaboration is becoming more prominent. hierarchical leadership is being overshadowed by a new way of leading via collaborative partnerships. This paper will seek to define collaboration and its advantages in today\u27s society. It will identify how society encourages collaboration and various methods used to collaborate. It will explore strategies to build collaborations and what barriers are inherent within that process. Finally, the paper will take a close look at leadership within a collaborative environment. Personal characteristics of effective collaborative leaders will be identified. Effective leadership strategies to encourage collaborative environments will be explored. The paper concludes with the paradoxes inherent to collaborative leadership
Edwin E. Witte
No full textEdwin E. Witte was a Professor of Economics at the University of Wisconsin and Chairman of the Committee on Economic Security, which oversaw the drafting of the original Social Security Act. Witte is generally acknowledged as the principal author of the Social Security legislation as it went to Congress. In later years, he consulted on the National Labor Relations Act and continued to teach and supervise Ph.D. students
Introduction:Locating judicial politics
No full textThe Court inhabits a ‘political space’ to which it is called upon to respond. This points to its need to develop cooperative relationships not only with courts but also with political actors (such as national governments and the EU legislature) and even to directly address and explain decisions to EU citizens themselves. This book is aimed at answering the question of ‘How does the CJEU position itself as a political as well as a legal actor?’ with a view to better understanding the work of the Court and addressing its contestation. For that purpose, we explore in this introductory chapter what is meant by judicial ‘activism’ and judicial ‘politics’, before examining the different varieties of judicial politics our authors have shown an interest in. This will pave the way to drawing some lessons on the factors to take into account when seeking to address and respond to contestation of the work of the Court
Network-adjusted market share and the currency denomination of trade
No full textThe currency denomination of trade has been shown
in many recent contributions to have far-reaching
effects
on different macroeconomic phenomena, such as
inflation and the international transmission of nominal
shocks. In this work, we apply a novel index of bargaining
power, which incorporates the network dimension
of trade and brings fresh evidence as to the relevance
of network-related
features (and implied bargaining
power) in the choice of invoicing currency, which has
received relatively little attention in the empirical literature,
so far. By using a highly disaggregated, almost
transaction level, data set of Italian imports and exports,
we contribute to the existing empirical literature by
documenting a very significant impact of trade network
asymmetries, captured by our adjusted index of market
share, on the choice of an invoice currency
Terug naar de blauwe lijntjes graag
No full textMark Sekuur verlangt terug naar witte winters en jaren waarin het warmterecord niet werd verbroken
Terug naar de blauwe lijntjes graag
No full textMark Sekuur verlangt terug naar witte winters en jaren waarin het warmterecord niet werd verbroken
Terug naar de blauwe lijntjes graag
No full textMark Sekuur verlangt terug naar witte winters en jaren waarin het warmterecord niet werd verbroken
The judicial politics of solidarity
No full textThis chapter looks at the changing logic and rhetoric of the Court in justifying cross-border solidaristic commitments in the EU. It tries to understand the way in which the Court legitimises its decisions in this area, not in terms of legal theory or hermeneutics, but focusing on the assumptions and assertions underpinning the reasoning of the Court. In recent years, the Court has started to make solidaristic demands as they serve to facilitate free movement. This functional language, however, masks the emergence of a new foundation for those demands of solidarity: that of fundamental rights. This change- justifying sharing commitments across borders on the basis of respect for fundamental rights rather than transnational equality that was at the core of previous case law- suggests a move away from communitarian sentiments and constitutes a problematic attempt at engaging with the controversy over welfare tourism
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