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The Renminbi's Role in the Global Monetary System
Prasad, Eswar; Ye, Lei - Institute for the Study of Labor (IZA) - 2012
changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from … attaining full convertibility or meeting other prerequisites for achieving reserve currency status. Ultimately, China will …
Persistent link: https://www.econbiz.de/10009646302
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The Interaction of Tax Exemptions and Individual Tax Reform Preferences
Barbaro, Salvatore; Südekum, Jens - Institute for the Study of Labor (IZA) - 2005
The individual voting behavior on the abolishment of single income-tax exemptions crucially depends on how strongly agents are affected by other deduction possibilities that are not at stake in the reform plans of the government. The interactions depend (i) on the shape of the tax schedule, and...
Persistent link: https://www.econbiz.de/10005703311
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The Political Economy of Conscription
Poutvaara, Panu; Wagener, Andreas - Institute for the Study of Labor (IZA) - 2009
Though in decline recently, military conscription is still a widely used mode of staffing armies. Since not many valid economic, social or military arguments in favor of the draft can be put forward, the question emerges why societies choose to rely on it. In this survey we explain the political...
Persistent link: https://www.econbiz.de/10008565206
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Happiness, Habits and High Rank: Comparisons in Economic and Social Life
Clark, Andrew E. - Institute for the Study of Labor (IZA) - 2011
suggests that the phenomena of comparison and habituation are actually found in a considerable variety of economic and social …
Persistent link: https://www.econbiz.de/10009294836
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Linking Individuals and Societies
Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2009
How do individuals shape societies? How do societies shape individuals? This paper develops a framework for studying the connections between micro and macro phenomena. The framework builds on two ingredients widely used in social science − population and variable. Starting with the simplest...
Persistent link: https://www.econbiz.de/10005039644
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A New Unified Theory of Sociobehavioral Forces
Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2007
describing five sociobehavioral processes - comparison (including justice and self-esteem), status, power, identity, and … - comparison, status, and power - each associated with a distinctive mechanism, in particular, a distinctive rate of change of the …
Persistent link: https://www.econbiz.de/10005703470
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Shall We Kill or Enslave Caesar? Analyzing the Caesar Model
Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2008
When a society overthrows a ruler – call the ruler Caesar – what determines whether Caesar is killed or enslaved? This paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power. The model pertains to societies which value...
Persistent link: https://www.econbiz.de/10005822039
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Theoretical Unification in Justice and Beyond
Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2007
The goal of scientific work is to understand more and more by less and less. In this effort, theoretical unification plays a large part. There are two main types of theoretical unification – unification of different theories of the same field of phenomena and unification of theories of...
Persistent link: https://www.econbiz.de/10005822968
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Relative Income, Happiness and Utility: An Explanation for the Easterlin Paradox and Other Puzzles
Clark, Andrew E.; Frijters, Paul; Shields, Michael - Institute for the Study of Labor (IZA) - 2007
presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to …
Persistent link: https://www.econbiz.de/10005763569
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The Terms and Relations of Comparison, Referential, and Relative Processes
Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2007
This paper develops the mathematical foundations of comparison, referential, and relative (CRR) processes. The key …
Persistent link: https://www.econbiz.de/10005700875