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variables of major Latin American Countries (LAC): Mexico, Colombia, Brazil, and Chile. To do that, we estimate a set of two …
Persistent link: https://www.econbiz.de/10012406034
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This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...
Persistent link: https://www.econbiz.de/10008660887
The household's demand analysis is very crucial in the sense that undernourishment negatively affects productivity. Food demand is crucial to gauge the household's ability or willingness to purchase/consume different food commodities. The study attempts to analyze the household's food demand in...
Persistent link: https://www.econbiz.de/10012269295
This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...
Persistent link: https://www.econbiz.de/10009959110
Persistent link: https://www.econbiz.de/10001493169
Persistent link: https://www.econbiz.de/10001997587
Persistent link: https://www.econbiz.de/10001045836
activity in Chile. By integrating theoretical perspectives regarding formal and informal equity funding and information … existing in Chile for equity investment, these markets are still incipient and strongly dependent on public policies. In this … respect it is proposed that public intervention to address equity gaps in Chile should also adopt a demand-side perspective …
Persistent link: https://www.econbiz.de/10003824244
In this work we extend a De Jure measure of capital account restrictions, previously assembled by Miniane (2004) for 34 economies, to a set of 181 countries for the period 1996-2005. Additionally, having in mind the pitfalls of this indicator, we propose two new measures. The first excludes...
Persistent link: https://www.econbiz.de/10003974708