Showing 1 - 10 of 116
We model an environment in which individuals prefer to be in a space in which their rank is higher, be it a social space, a geographical space, a work environment, or any other comparison sphere which we refer to in this paper, and without loss of generality, as a region. When the individuals...
Persistent link: https://www.econbiz.de/10014296667
This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The rationale of this methodology is to consider the features of technology appropriately by excluding a spurious technical regress based on the macroeconomic perspective. In order to...
Persistent link: https://www.econbiz.de/10010271226
Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...
Persistent link: https://www.econbiz.de/10013426310
This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with …
Persistent link: https://www.econbiz.de/10014469377
This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The rationale of this methodology is to consider the features of technology appropriately by excluding a spurious technical regress based on the macroeconomic perspective. In order to...
Persistent link: https://www.econbiz.de/10004999166
This paper is the first attempt to directly explore the long-run nonlinearity of the shadow economy. Using a dataset of …
Persistent link: https://www.econbiz.de/10012059115
restriction in IV estimation, and discusses possible remedies. We first examine the biases due to nonlinearity in the commonly …
Persistent link: https://www.econbiz.de/10010274706
restriction in IV estimation, and discusses possible remedies. We first examine the biases due to nonlinearity in the commonly …
Persistent link: https://www.econbiz.de/10008678700
This paper tracks the consequences of individuals' desire to align their location with their social preferences. The social preference studied in the paper is distaste for relative deprivation, measured in a cardinal manner. Location is conceived as social space, with individuals choosing to...
Persistent link: https://www.econbiz.de/10012006031
elasticities of the crucial functions defining the aggregate equilibrium dynamics of the model. This allows us to study how market …
Persistent link: https://www.econbiz.de/10010278392