the presence of protectionist policy is welfare deteriorating as well as unemployment accentuating. But, the developing … dualism and a non- traded final commodity. In the given setup, an inflow of foreign capital is likely to improve welfare and …

raise the welfare of the economy while an emigration of unskilled labour is welfare reducing. Also an emigration of skilled …

. Then we study the impact of changes in exogenous variables on consumption, growth, and welfare. Next, we show that … consumption-wealth ratio and welfare should be higher in an open economy than in a closed economy. We discuss whether open … an open economy. We get that the size of the public sector which maximizes welfare is lower than that which maximizes …

We calculate welfare gains of trade liberalization in the Central and East European transition economies, following the … product varieties is crucial to quantifying the welfare impact of trade liberalization. The empirical work relies on direct … conclusion is that freer trade has boosted welfare. …

regarding Minsky’s early involvement in the “War on Poverty.” This paper will trace the development of Minsky’s thinking on … antipoverty policies to his support for welfare reform and federal job creation programs …

presently used in the Argentina universitary system). Assessment of the alternatives is performed over welfare, based on the … indicators of poverty, equality, equity (justice in the distribution) and the average levels of utility and wealth. Likewise, the … functions of welfare presented by Bentham, Rawls, Atkinson, Sen and Kakwani are also considered. The most remarkable results are …

treatment program. Under the assumption of a welfare-maximizing agency, we identify general equilibrium treatment effects and …