Similar Search Results

Southern African economic integration: evidence from an augmented gravity model

Warin, Thierry; Wunnava, Phanindra V.; Tengia, Optat; … - 2009

This paper investigates the feasibility of creating a common-currency union consisting of 16 countries in Southern Africa. We estimate an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation, and the foreign reserves position. We also integrate...

Persistent link: https://www.econbiz.de/10010269429

Testing mundell's intuition of endogenous OCA theory

Warin, Thierry; Wunnava, Phanindra V.; Janicki, Hubert P. - 2008

This paper presents an empirical assessment of the endogenous optimum currency area theory. Frankel and Rose (1998 …'s model by using FDI flows to test the original theory developed by Mundell in 1973. A gravity model is used to empirically …

Persistent link: https://www.econbiz.de/10010268540

Southern African Economic Integration: Evidence from an Augmented Gravity Model

Warin, Thierry; Wunnava, Phanindra V.; Tengia, Optat; … - Institute for the Study of Labor (IZA) - 2009

Persistent link: https://www.econbiz.de/10004976903

Current Emotion Research in Economics

Wälde, Klaus; Moors, Agnes - 2016

Positive and negative feelings were central to the development of economics, especially in utility theory in classical … economics. While neoclassical utility theory ignored feelings, behavioral economics more recently reintroduced feelings in … utility theory. Beyond feelings, economic theorists use full-fledged specific emotions to explain behavior that otherwise …

Persistent link: https://www.econbiz.de/10011559689

Neighbourhood effects research at a crossroads: Ten challenges for future research

van Ham, Maarten; Manley, David - 2012

Neighbourhood effects research is at a crossroads since current theoretical and empirical approaches do not seem to be moving the debate forward. In this paper, we present a set of ten challenges as a basis for a new research agenda which will give new direction to the neighbourhood effects...

Persistent link: https://www.econbiz.de/10010287697

Neighbourhood Effects Research at a Crossroads: Ten Challenges for Future Research

van Ham, Maarten; Manley, David - Institute for the Study of Labor (IZA) - 2012

Persistent link: https://www.econbiz.de/10011085106

Choice Over Time

Manzini, Paola; Mariotti, Marco - Institute for the Study of Labor (IZA) - 2007

they are really the most challenging ones for conventional theory. New developments are emerging both at the theoretical …

Persistent link: https://www.econbiz.de/10005763508

Sorting in the Labor Market: Do Gregarious Workers Flock to Interactive Jobs?

Krueger, Alan B.; Schkade, David A. - Institute for the Study of Labor (IZA) - 2007

This paper tests a central implication of the theory of equalizing differences, that workers sort into jobs with …

Persistent link: https://www.econbiz.de/10005822980

Culture, Entrepreneurship, and Growth

Doepke, Matthias; Zilibotti, Fabrizio - 2013

We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....

Persistent link: https://www.econbiz.de/10010319500

Worker Identity, Employment Fluctuations and Stabilization Policy

Snower, Dennis J.; Lechthaler, Wolfgang - 2013

This paper provides a model of social hysteresis whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances fall....

Persistent link: https://www.econbiz.de/10010319518