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MANAGEMENT & DEVELOPMENT OF HAPPINESS : A PRIORITY IN SOCIO-ECONOMIC DEVELOPMENT
Dr.VSR.Subramaniam - EconWPA - 2005
If bigger objects go into a jar, then there will be space to fill it with smaller objects in sequence. If the order of the objects are reversed, then it ends in filling it at the starting point. Happiness in life is similar to this. Fill high priority needs in the life, and smaller needs can be...
Persistent link: https://www.econbiz.de/10005408439
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The Two Faces of Knowledge Diffusion: the Chilean Case
Morone, Piergiuseppe - EconWPA - 2002
capital theory (Becker, 1964). In fact, other external (environmental) variables might affect the individual decision of …
Persistent link: https://www.econbiz.de/10005408325
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Does tariff liberalization increase wage inequality? Some empirical evidence
Milanovic, Branko; Squire, Lyn - EconWPA - 2005
inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two … large data bases of wage inequality that have become recently available and a large dataset of average tariff rates all …-industry inequality in poorer countries (those below the world median income) and the reverse in richer countries. The results for inter …
Persistent link: https://www.econbiz.de/10005408336
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Does tariff liberalization increase wage inequality? Some empirical evidence
Milanovic, Branko; Squire, Lyn - EconWPA - 2005
inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two … large data bases of wage inequality that have become recently available and a large dataset of average tariff rates all …-industry inequality in poorer countries (those below the world median income) and the reverse in richer countries. The results for inter …
Persistent link: https://www.econbiz.de/10005119296
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The Misallocation of Resources of Anticipated Inflation
Frenkel, Michael; Mehrez, Gil - EconWPA - 1997
This paper analyzes the effects of anticipated inflation on the resource allocations between production and financial services. We develop a model with heterogeneous workers and two sectors economy. A manufacturing sector producing a final composite good and a financial sector providing monetary...
Persistent link: https://www.econbiz.de/10005126418
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Human Capital and Income Distribution Dynamics
Giannini, Massimo - EconWPA - 1998
The paper assumes a continuum of two period-lived agents; agents are identical except for the inherited income. Young agents optimally allocate their inherited income between consumption and investment in human capital in a stochastic environment. In the second period they receive a wage...
Persistent link: https://www.econbiz.de/10005556716
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Intergenerational anonymity as an alternative to the discounted- sum criterion in the calculus of optimal growth II: Pareto optimality and some economic interpretations
Mabrouk, Mohamed - EconWPA - 2005
This paper studies the Pareto-optimality of the consensual optimum established in 'Intergenerational anonymity as an alternative to the discounted-sum criterion I: consensual optimality'. For that, a Pareto- optimality criterion is set up by the application of the generalized Karush, Kuhn and...
Persistent link: https://www.econbiz.de/10005556724
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Determinacy of Competitive Equilibria in Economies with Many Commodities
Shannon, Chris - EconWPA - 1996
This paper provides a framework for establishing the determinacy of equilibria in general equilibrium models with infinitely many commodities and a finite number of consumers and producers. The paper defines a notion of regular economy for such models and gives sufficient conditions on the...
Persistent link: https://www.econbiz.de/10005556745
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Economic Freedom and The Business Cycle: The Egyptian Experience.
Mikhail, Ossama - EconWPA - 2004
Most studies that emphasize and encourage the shift towards a less regulated and financially open system rest on the premise of a prosperous growth prospect. Accordingly, interests have focused on growth models as a framework to understand and to analyze the effects of economic freedom. In this...
Persistent link: https://www.econbiz.de/10005561221
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CIRCULAR VARIABLE WORK IN PROCESS
Vildosola, Luis - EconWPA - 2002
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234