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Cultural Effects of Trade Liberalization

Suranovic, Steven M.; Winthrop, Robert - EconWPA - 2005

We incorporate culture into a standard trade model in two distinct ways. In the ¡°cultural affinity from work¡± model, workers receive a non- pecuniary cultural benefit from work in a particular industry. In the ¡°cultural externality¡± model, consumers of a product receive utility from...

Persistent link: https://www.econbiz.de/10005556454

An Economic Model of Youth Smoking: Tax and Welfare Effects

Suranovic, Steven M. - EconWPA - 2005

This paper presents a model of smoking choice in which rationality is bounded by limitations in intertemporal computational abilities. The model is applied to the youth decision to initiate smoking. Lifetime smoking paths of representative smokers indicate that youths may experience a reduction...

Persistent link: https://www.econbiz.de/10005134613

A Theory of Natural Addiction

Smith, Trenton G.; Tasnádi, Attila - EconWPA - 2005

Economic theories of rational addiction aim to describe consumer behavior in the presence of habit-forming goods. We … many of the unconventional behavioral assumptions employed by theories of rational addiction, including adjacent …, however, that addiction is 'harmful' only when the addict fails to implement the optimal solution. We offer evidence for the …

Persistent link: https://www.econbiz.de/10005135026

Pain

Palda, Filip - EconWPA - 2001

dominate his life. This seeming dependence on the drug has nothing to do with addiction or habit formation, but is a …

Persistent link: https://www.econbiz.de/10005135054

Necessidade de uma economia solidária: a visão de Karl Polanyi sobre os mercados

Santos, António Bob - EconWPA - 2004

This paper aims to analyse the vision of Karl Polanyi about the creation of markets. The importance of markets in societies, social relations, and capitalism.

Persistent link: https://www.econbiz.de/10005407671

Sustainability of the Slovenian Pension System: An Analysis with an Overlapping-generations General Equilibrium Model

Verbic, Miroslav; Majcen, Boris; Nieuwkoop, Renger van - EconWPA - 2005

The article presents an analysis of welfare effects in Slovenia, an analysis of macroeconomic effects of the Slovenian pension reform and an analysis of effects of the pension fund deficit on sustainability of Slovenian public finances with a dynamic OLG general equilibrium model. It has been...

Persistent link: https://www.econbiz.de/10005125636

Energy market liberalisation in the FSU - simulations with the GTAP model

Riipinen, Toni - EconWPA - 2004

This work considers effects of energy market liberalisation in the countries of the former Soviet Union (FSU). Our analysis is based on a computable general equilibrium (CGE) model called the Global Trade Analysis Project (GTAP). This specialised model makes it possible to evaluate effects in a...

Persistent link: https://www.econbiz.de/10005412653

Inappropriate Technology

Fernandes, Ana; Kumar, Krishna B. - EconWPA - 2003

In this paper, we investigate incentives other than altruism that developed countries have in improving technologies specific to developing countries. We propose a simple model of international trade between two regions, in which all individuals have similar preferences over an inferior good and...

Persistent link: https://www.econbiz.de/10005118686