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. Australia and California are two economies having the rare distinction of achieving 150 years of sustained high and rising … controls over immigration or capital movements, or trade policy. Australia did, and after 1900 pursued an increasingly …
Persistent link: https://www.econbiz.de/10013222238
countries of Canada, Australia, the USA, Argentina and the rest of Latin America. The resource abundant New World was endowed …
Persistent link: https://www.econbiz.de/10013217243
In "Happiness and the Human Development Index: The Paradox of Australia," Blanchflower and Oswald (2005) observe an … apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in … happiness. However, when we compare their happiness data with the HDI, Australia appears happier, not sadder, than its HDI score …
Persistent link: https://www.econbiz.de/10013217627
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10013218517
Given that application of the principle with full loss offset to all assets is impracticable, we may wish to consider provision of only a partial inflation-exclusion to assets for which it is feasible. The problem is examined in this paper by means of a simple model of anticipated inflation, in...
Persistent link: https://www.econbiz.de/10013218550