developed countries for its impact on employment, wages and the welfare state, is not an issue at stake in Thailand for the … leads us to define what we mean exactly by “knowledge” (part 1). We will then turn to the consequences on employment and …

is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate … of growth, due to poverty traps, often examined at the microeconomic level. Testing a model of poverty change on a panel … of data for 70 countries from 1981 to 1999, we do find that income instability results in a lower poverty reduction for a …

inflation, both as an objective and as an intermediate instrument. We want to show that other variables like employment can be … that they can be function of employment only, which then dominates inflation for use in the policy rule. …

This paper examines the effects of tourism on labor employment, capital accumulation and resident welfare for a small … open economy with unemployment. A tourism boom improves the terms of trade, increases labor employment, but lowers capital …

composite goods from private firms. Such a policy unambiguously increases employment. It also raises private consumption and … employment, welfare and private consumption rise. We provide magnitudes for different parameter values. …