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  1. From Scarcity to Abundance
    Government and Private Initiatives to Manage the Allocation of N95 Masks in the U.S. During the COVID-19 Pandemic
    Author: Joskow, Paul L.
    Published: March 2022
    Publisher:  National Bureau of Economic Research, Cambridge, Mass

    This paper examines the structure, behavior and performance of the N95 respirator market in the U.S. before and during the COVID-19 pandemic (2020-early 2022). It focuses on the behavior and performance of government and private sector organizations... more

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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    This paper examines the structure, behavior and performance of the N95 respirator market in the U.S. before and during the COVID-19 pandemic (2020-early 2022). It focuses on the behavior and performance of government and private sector organizations in the allocation of scarce supplies of N95 respirators during the pandemic in the U.S. The experience with the supply, demand, allocation, rationing, and pricing of N95s during the first two years of the pandemic provides instructive examples of how the public and private sectors can work in tandem with regulatory support rather than coercion to achieve widely accepted public health goals. Of particular interest is the adoption of voluntary private market segmentation, rationing and price maintenance policies during roughly the first year of the pandemic, led by the dominant U.S. manufacturer of N95s

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: NBER working paper series ; no. w29876
    Subjects: Coronavirus; Infektionsschutz; Hygiene; Haushaltspapierprodukt; Privatwirtschaft; Öffentlicher Sektor; Öffentlich-private Partnerschaft; Marktstruktur; Lieferkette; Rationalisierung; Marktsegmentierung; USA; N95 Maske
    Scope: 1 Online-Ressource, illustrations (black and white)
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    Hardcopy version available to institutional subscribers
  2. Origins of International Factor Structures
    Author: Jiang, Zhengyang; Richmond, Robert J.
    Published: August 2022
    Publisher:  National Bureau of Economic Research, Cambridge, Mass

    We show that exchange rate correlations tend to be explained by the global trade network while consumption correlations tend to be explained by productivity correlations. Sharing common trade linkages with other countries increases exchange rate... more

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Location:
    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    We show that exchange rate correlations tend to be explained by the global trade network while consumption correlations tend to be explained by productivity correlations. Sharing common trade linkages with other countries increases exchange rate correlations beyond bilateral linkages. We explain these findings using a model of the global trade network with market segmentation. Interdependent global production generates international comovements, while market segmentation disconnects the drivers of exchange rate correlations from the drivers of consumption correlations. Moreover, we show that the trade network generates common factors found in exchange rates. Our findings offer a trade-based account of the origins of international comovements and shed light on important frictions in international markets

     
    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: NBER working paper series ; no. w30319
    Subjects: Außenhandel; Außenhandelsstruktur; Internationale Wirtschaftsbeziehungen; Marktsegmentierung; Wechselkurs; Foreign Exchange; International Financial Markets
    Scope: 1 Online-Ressource, illustrations (black and white)
    Notes:

    Hardcopy version available to institutional subscribers