Showing 1 - 10 of 17
In this article, we study the question of intergenerational equity in a framework that displays two kinds of agents distinguished by their non dynastic intergenerational altruism. The more altruist agents regarding the transmitted environment are qualified of ecologists, whereas the others, less...
Persistent link: https://www.econbiz.de/10005385272
Ranking infinite utility streams includes many impossibility results, most involving certain Pareto, anonymity, or continuity requirements. We introduce the concept of the future agreement extension, a method that explicitly extends orderings on finite time horizon to an infinite time horizon....
Persistent link: https://www.econbiz.de/10005018253
The aim of this paper is to explore the connections between the time dimension of economic phenomena and that of natural ones within the context of global (joint emissions of the energy sector) or local (joint product of waste) pollutions affecting present and future generations. Discounting...
Persistent link: https://www.econbiz.de/10005697616
This papers contains a survey of the recent literature devoted to the returns to schooling within a dynamic structural framework. I present a historical perspective on the evolution of the literature, from early static models set in a selectivity framework (Willis and Rosen, 1979) to the recent...
Persistent link: https://www.econbiz.de/10008792063
monetary income dimension. …
Persistent link: https://www.econbiz.de/10005016640
Innovation is widely recognized as a key ingredient of productivity success. This article by Someshwar Rao, Ashfaq Ahmad, William Horsman, and Phaedra Kaptein-Russell of Industry Canada provides support for this view by finding a strong positive relationship between measures of fundamental...
Persistent link: https://www.econbiz.de/10005481859
The household National Account published by the national statistical office presents a picture of the income … surveys exist providing individual data on income and consumption. Those surveys are used to measure inequalities between … levels) have been combined to give a breakdown of income and consumption measured in the national accounts (for the year 2003 …
Persistent link: https://www.econbiz.de/10008539953
valeur. Le résultat net, le résultat étendu et le « Full Fair Value Income » représentent la performance et le risque des … du résultat étendu est presque deux fois celle du résultat net, et que la volatilité du « Full Fair Value Income » est … Fair Value Income ». Finalement, nous testons et démontrons que la volatilité additionnelle du résultat étendu est corrélée …
Persistent link: https://www.econbiz.de/10008529652
This paper analyses the effects of agricultural income determinants, in particular of human capital and physical … capital. One of its purposes is to evaluate the possible overestimation of the effect of education in income equations that do … enormous effect of area on agricultural income. When this variable is included in the regression, we see a substantial decrease …
Persistent link: https://www.econbiz.de/10005001634
Persistent link: https://www.econbiz.de/10005406548