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Various extensions of the leximin order to the infinite dimensional setting have been suggested. They relax completeness and strong anonymity. Instead, by removing sensitivity to generations at infinite rank this paper defines a complete and strongly anonymous leximin relation on infinite...
Persistent link: https://www.econbiz.de/10009294098
The discounted utilitarian criterion for infinite horizon social choice has been criticized for treating generations unequally. We propose an extended rank-discounted utilitarian (ERDU) criterion instead. The criterion amounts to discounted utilitarianism on non-decreasing streams, but it treats...
Persistent link: https://www.econbiz.de/10008671700
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
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