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inequalities and trade patterns. We analyze the effect of redistributive policies on the production patterns and welfare. We … terms of trade and the welfare distribution within countries. Our framework hopefully provides a basic tool for studying the … interactions between changes in taris on welfare and inequalities inside and between countries. We obtain non monotone …
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markets, household consumption, economic growth and also on welfare. To explore the effects of regional integration in this … growth and leads to an increase of welfare. …
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For many years, African countries have experienced slow economic growth. A major policy tool used to address this issue has been preferential market access whereby, certain developed countries have lowered and sometimes eliminated tariffs on imports from Africa. Despite this special treatment,...
Persistent link: https://www.econbiz.de/10010742281
This paper proposes a new empirical methodology for computing a cross-market index – coined CMI – based on the Factor DCC-model. This approach solves both problems of treating high-dimensional data and estimating time-varying conditional correlations. We provide an application to a...
Persistent link: https://www.econbiz.de/10010765451
In this issue, El Mouhoub Mouhoud addresses the complexity of the different forms of migrations within the current globalisation of capitalism and brings out the paradoxes arising from them. Without migrants, the countries which are the least well placed in this international competition would...
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