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This paper uses survey data from 13 countries to document the economic lives of the poor (those living on less than $2 dollar per day per capita at purchasing power parity) or the extremely poor (those living on less than $1 dollar per day). We describe their patterns of consumption and income...
Persistent link: https://www.econbiz.de/10005497941
Productivity is high in cities partly because the urban environment acts as a self-selection mechanism. If workers have …. The mechanism may be reinforced by the development of informational networks in cities with a large proportion of high …
Persistent link: https://www.econbiz.de/10008682886
This article provides a review of recent literature in economics on the effect of mass media on politics. The focus is on the welfare effects of mass media. I also discuss the likely implications of existing behavioral theories of media effects, developed outside of economics.
Persistent link: https://www.econbiz.de/10011168894
Conventional wisdom holds that protectionism is counter-cyclic; tariffs, quotas and the like grow during recessions. While that may have been a valid description of the data before the Second World War, it is no longer accurate. In the post-war era, protectionism has not actually moved...
Persistent link: https://www.econbiz.de/10011083599
We provide theoretical and empirical evidence that policy uncertainty can significantly affect firm level investment … and entry decisions in the context of international trade. When market entry costs are sunk, policy uncertainty can create … dynamic, heterogeneous firms model we show that: (i) investment and entry into export markets is reduced when trade policy is …
Persistent link: https://www.econbiz.de/10011083993
This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH. A Business-as-Usual scenario is compared with five scenarios in which Greenhouse Gases emissions are taxed, at different levels. The elasticity of China’s emissions is...
Persistent link: https://www.econbiz.de/10011084331
links between these economic relationships and immigration policy. It concludes with an explanation for the apparent … difference in immigration's impact in the two global centuries, and thus on policy. …
Persistent link: https://www.econbiz.de/10005656429
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduces the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...
Persistent link: https://www.econbiz.de/10005661540
and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an …The Todaro Paradox states that policies aimed at reducing urban unemployment are bound to backfire: they will raise … rather than reduce urban unemployment. The aim of this paper is to re-examine this paradox in the context of efficiency wage …
Persistent link: https://www.econbiz.de/10005661672
, participation and optimal policy should be jointly analysed. Moreover, our results show that the US, Russia and China have different …
Persistent link: https://www.econbiz.de/10005661962