model based on the solution of political agency problems. Having a more informed an politically active electorate … the mass media in ensuring that the preferences of citizens are reflected in policy. The ideas behind the model are tested …

the number of varieties in our model provides diversification benefits against variety-specific shocks and it can hence … the development process. We quantitatively asses the predictions of the model in light of the empirical evidence and find … that for reasonable parameter values, the model can generate a decline in volatility with the level of development …

This paper develops a model to understand mechanisms behind the rise of mass consumption societies. The development … process depicted in the model follows the Flying Geese pattern, in which a series of industries takes off one after another …

determination. Simultaneous estimation of the model allows us to compare how well different standard static welfare indicators …

subsistence constraints in to a model of labour supply, we show that a negative wage elasticity favours the hypothesis that …

The purpose of this paper is to identify the organisational comparative advantage of NGOs, and to develop a model which …