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An economic interpretation of Epictetus's precept of 'Taking away aversion from all things not in our power' consists of extending the do- main of indifference beyond its boundaries under non-ethical preferences, so as to yield indifference between outcomes differing only on things out- side...
Persistent link: https://www.econbiz.de/10013545809
Climate challenge can be modelled as a multiplayer prisoner's dilemma where any ecological action - i.e., purchasing an electric car or adopting sustainable life styles - is a costly action in terms of economic resources, time, and effort for individuals. According to the well-known embedded...
Persistent link: https://www.econbiz.de/10013545826
This paper shows that trade and emigration of skilled workers from a poor country is complementary but that between … trade and emigration of unskilled workers is a substitute. The asymmetric effect of more openness to trade on the local …
Persistent link: https://www.econbiz.de/10012098854
trade contributes to economic growth, this could, in turn, impede economic development. Despite extensive literature on the … migration-trade nexus, there are few examples of policymakers highlighting the role of migration for internationalization. One …
Persistent link: https://www.econbiz.de/10012163436
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …
Persistent link: https://www.econbiz.de/10012150095
issue in a dynamic context by focusing on the impact of education and North-South trade-related technology diffusion (NRD …
Persistent link: https://www.econbiz.de/10012114076
- innovation and trade - are in danger of being compromised by the COVID-19 pandemic, under conditions increasingly reminiscent of … concentration and dominance, and the multilateral trade system had been buckling under pressure from a return to mercantilist ideas … industrial revolution (4IR) to a premature end. Hence the post-COVID-19 world may be left with trade as the only engine for …
Persistent link: https://www.econbiz.de/10012308038
targets of inclusive development via trade facilitation, and regional integration, the paper argues that given the Covid-19 … setback full potential depends on trade-led spillover benefits and structural factors. Our objective is to show that: given … preferential access trade agreement--the ricochet effect of the trade-induced productivity benefits via intermediates in the …
Persistent link: https://www.econbiz.de/10014232447