Showing 1 - 10 of 16
The policies for better health, poverty reduction, and less inequality, throughout the world, require thorough understanding of both the processes and causal paths that underlie the intricate relationship between health and wealth (income). This is deemed difficult, contingent, and only...
Persistent link: https://www.econbiz.de/10005103349
to Granger causality tests within a panel cointegration framework. It turns out that the growth effects of FDI vary …
Persistent link: https://www.econbiz.de/10005755128
agents in conditions of uncertainty. Heterogeneity entails asymmetric reactions to shocks and, through interaction mechanisms …
Persistent link: https://www.econbiz.de/10005097468
over on macro level and what is the role of agent heterogeneity in the process. We look at two kinds of asymmetries: (i … conclude that the first type of asymmetry can be attributed to the differences in adjustment bands and that heterogeneity … softens this effect. The second type of asymmetry is the result of pricing behavior, thus of agent heterogeneity itself. …
Persistent link: https://www.econbiz.de/10008597181
the unemployment rate. I show that a simple frictionless business cycle model with heterogeneity and a simple form of on …
Persistent link: https://www.econbiz.de/10009149140
In this paper we analyze theoretically and empirically the impact of an increase in income inequality on the current account balance. We develop a model with consumption externalities and heterogeneous agents which explains how an increase in income inequality can affect negatively or positively...
Persistent link: https://www.econbiz.de/10010886828
Previous aggregate studies ignore additional environmental improvements caused by intra industry reallocations to high productivity/ low pollution firms. They also fail to consider potential differences in abatement efforts by exporting status. Our estimation based on UK firm level data from...
Persistent link: https://www.econbiz.de/10005700566
We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to cover the largest possible number of developing and developed countries over the period 1990-2010. We map major findings from the new...
Persistent link: https://www.econbiz.de/10010886848
whether agglomeration arises and if so to which extent economic activity is concentrated: As a consequence of enhanced … integration, agglomeration is less likely to arise and concentration will be lower. Relative congestion reinforces agglomeration …
Persistent link: https://www.econbiz.de/10005818788
, the design of the rules and regulations can provide strong incentives for regional agglomeration of GM and non-GM farmers. …
Persistent link: https://www.econbiz.de/10008561127