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We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...
Persistent link: https://www.econbiz.de/10009651182
correlates positively with income and exhibits large differences across space and time, our findings suggest that tradable and …
Persistent link: https://www.econbiz.de/10005248190
This paper examines the macroeconomic impact of migration on income convergence in the EU's New Member States (NMS …
Persistent link: https://www.econbiz.de/10005825900
attention in the literature on optimal income taxation. This paper offers a simple and transparent analysis of its main …
Persistent link: https://www.econbiz.de/10005181304
Exporters of exhaustible resources have historically exhibited higher income volatility than other economies … exhaustible resource revenues in future income. The parameterized model fares well at capturing current account balances in both …
Persistent link: https://www.econbiz.de/10005599611