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"The fact that raising taxes can increase taxed labor supply through income effects is frequently used to justify much lower measures of the marginal welfare cost of taxes and greater public good provision than indicated by traditional, compensated analyses. The authors confirm that this...
Persistent link: https://www.econbiz.de/10010522500
. In this paper, building on work in social theory, the author argues that common property can also be social …
Persistent link: https://www.econbiz.de/10010522515
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"The economies of small developing states tend to be more fragile than those of large ones. This paper examines this issue in a dynamic context by focusing on the impact of the brain drain on North-South trade-related technology diffusion and total factor productivity growth in small and large...
Persistent link: https://www.econbiz.de/10011394122
"This paper asks whether new technological capacity for producing and exporting additional products provides incentives for greater capital accumulation, without being fully reflected in a higher rate of total factor productivity (TFP) growth. Using a highly disaggregated data set of each...
Persistent link: https://www.econbiz.de/10010522214
"Chen and Dahlman assess the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a...
Persistent link: https://www.econbiz.de/10010522968
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"The home equity bias is one of the many puzzles existing in international finance. This puzzle is characterized by the …-Ortega tries to explain the effect of asymmetric information in the home equity bias puzzle. While asymmetric information helps to … also consistent with home equity bias reversals. One proposition generalizes these results. Simulations corroborate the …
Persistent link: https://www.econbiz.de/10010522704
"Aid to developing countries has largely neglected the population-wide health services that are core to communicable disease control in the developed world. These mostly non-clinical services generate "pure public goods" by reducing everyone's exposure to disease through measures such as...
Persistent link: https://www.econbiz.de/10011394201