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Hypothetical integration in a social accounting matrix and fixed-price multiplier analysis
Kim, Kijong (contributor) - 2008
This study proposes a simple modification to a Social Accounting Matrix (SAM) in order to analyze the multiplier effects of a new sector. A different input composition, or technology, of the sector makes a conventional analysis of final-demand injections on existing sectors invalid. We show that...
Persistent link: https://www.econbiz.de/10003807706
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Distributional impact of the American Recovery and Reinvestment Act : a microsimulation approach
Zacharias, Ajit; Masterson, Thomas; Kim, Kijong - 2009
Over the last two decades, those at the bottom of the income scale have seen their incomes stagnate, while those at the top have seen theirs skyrocket. Without intervention, the recession that began in December 2007 was likely to exacerbate this trend. Will the American Recovery and Reinvestment...
Persistent link: https://www.econbiz.de/10003859979
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Investing in care : a strategy for effective and equitable job creation
Antonopoulos, Rania; Kim, Kijong; Masterson, Tom; … - 2010
Massive job losses in the United States, over eight million since the onset of the “Great Recession,” call for job creation measures through fiscal expansion. In this paper we analyze the job creation potential of social service–delivery sectors—early childhood development and home-based...
Persistent link: https://www.econbiz.de/10003996811
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EU regional policy and its theoretical foundations revisited
Schmidt, Peter - European Regional Science Association - 2014
This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...
Persistent link: https://www.econbiz.de/10011075859
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The EU structural funds as a means to hamper migration
Schmidt, Peter - 2012
convergence or economic cohesion, respectively. Following this strand of theory no regional policy is needed to achieve … convergence among the regions or nations of a common market. Thus, comparing the two internal markets, the question comes up if … inhibiting internal migration, which is one of the key measures in achieving convergence among the nations in the Single European …
Persistent link: https://www.econbiz.de/10011515661
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EU regional policy : its theoretical foundations and their policy conclusions revisited
Schmidt, Peter - 2014 - Draft
This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...
Persistent link: https://www.econbiz.de/10011487099