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Markov or not Markov - this should be a question

Bickenbach, Frank; Bode, Eckhardt - 2001

Although it is well known that Markov process theory, frequently applied in the literature on income convergence …

Persistent link: https://www.econbiz.de/10010265521

Using spatial econometric techniques to analyze the joint employment decisions of spouses

Kalenkoski, Charlene; Lacombe, Donald J. - 2014

Studies of the joint time-use decisions of spouses have relied on joint estimation of time-use equations, sometimes assuming correlated errors across spouses' equations and sometimes directly examining the effects of one spouse's time use on another's, relying on panel data or instrumental...

Persistent link: https://www.econbiz.de/10010259539

Welfare benefits of agglomeration and worker heterogeneity

Teulings, Coen N.; Ossokina, Ioulia V.; Groot, Henri L. … - 2014

The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...

Persistent link: https://www.econbiz.de/10010394598

Capital fundamentalism and structural transformation

Tohari, Achmad; Parsons, Christopher R.; Rammohan, Anu - 2021

We revisit the role of Capital Fundamentalism, in the context of the Government of Indonesia's Inpres Desa Tertinggal (IDT or Left Behind Village) Program, which injected capital into poor village economies. We evaluate the impact of the program on village welfare and structural transformation...

Persistent link: https://www.econbiz.de/10012549818

Cognitive ability, character skills, and learning to play equilibrium : a level-k analysis

Gill, David; Prowse, Victoria L. - 2014

In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...

Persistent link: https://www.econbiz.de/10010364492

Perspectives on Ottawa's high-tech sector

Novakowski, Nick (contributor); Tremblay, Rémy (contributor) - 2007

Persistent link: https://www.econbiz.de/10003513341

Avoiding the trap: the dynamic interaction of North-South capital mobility and technology diffusion

Hübler, Michael - 2009

This paper analyzes a stylized model of international capital mobility and diffusion of embodied technologies from North to South. The South can fall behind in terms of technologies or get trapped in a situation, in which it is unable to attract foreign capital and embodied technologies, if its...

Persistent link: https://www.econbiz.de/10010263540

OLS-Estimation of conditional and unconditional sigma- and beta-convergence of per capita income: Implications of Solow-Swan and Ramsey-Cass models

Maurer, Rainer - 1995

section 2) and the implications of the Solow-Swan and Ramsey-Cass model for an OLS-estimation of beta- and sigma-convergence … unconditional sigma- and beta-convergence. The discussion of the statistical relations exhibits that based on the Cauchy …-Schwarz inequality it is possible to show that sigma-convergence implies necessarily beta-convergence but that beta-convergence is …

Persistent link: https://www.econbiz.de/10010275564

The optimal transfer of capital and embodied technologies to developing countries

Hübler, Michael; Lontzek, Thomas S. - 2009

intertemporal global welfare maximization. Convergence of the growth rates of technical change in the North and South always occurs …

Persistent link: https://www.econbiz.de/10010277868

Life expectancy and the environment

Mariani, Fabio; Pérez-Barahona, Agustín; Raffin, Natacha - 2009

We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental care, depending on how much they expect to live. In turn, environmental conditions affect life expectancy. As a result, our model produces a positive...

Persistent link: https://www.econbiz.de/10003918946