| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2303 |
| DP2303 The Transmission Mechanism of Monetary Policy in Europe: Evidence from Banks' Balance Sheets | |
| Francesco Giavazzi; Carlo A. Favero; Luca Flabbi | |
| 发表日期 | 1999-11-30 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | This paper investigates the effects of different degrees of wage setting centralisation on (1) the incentive of a MNE to locate in a host country, (2) the optimal level of investment it decides to commit to its foreign operation, and (3) the host country's welfare. Decentralised and centralised wage bargaining are considered. The nature of product market competition between the MNE and domestic firms affects results that cast doubt on some of the conventional wisdom on FDI. In particular, we show that: (i) it is not always welfare improving to attract inward FDI, and (ii) the MNE may prefer centralised to decentralised wage setting regimes. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Fdi Strategic behaviour Unionisation |
| URL | https://cepr.org/publications/dp2303 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531394 |
| 推荐引用方式 GB/T 7714 | Francesco Giavazzi,Carlo A. Favero,Luca Flabbi. DP2303 The Transmission Mechanism of Monetary Policy in Europe: Evidence from Banks' Balance Sheets. 1999. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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