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The Economics of Fair Trade
Dragusanu, Raluca - 2014
Fair Trade is a labeling initiative aimed at improving the lives of the poor in developing countries by offering better terms to producers and helping them to organize. In this survey, we provide a critical overview of the economic theory behind Fair Trade, describing the potential benefits and...
Persistent link: https://www.econbiz.de/10013049686
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The Effects of Fair Trade Certification : Evidence from Coffee Producers in Costa Rica
Dragusanu, Raluca - 2018
We study the effects of Fair Trade (FT) certification of coffee on producers and households in Costa Rica. Examining the production dynamics of the universe of Costa Rican coffee mills from 1999–2014, we find that FT certification is associated with a higher sales price, greater sales, and...
Persistent link: https://www.econbiz.de/10012928996
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Behavioral Public Economics : Welfare and Policy Analysis with Non-Standard Decision-Makers
Bernheim, B. Douglas; Rangel, Antonio - 2021
This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10013222646
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Fiscal Limits in Advanced Economies
Leeper, Eric M. - 2011
Aging populations in advanced economies are placing ever-increasing demands on government spending in the form of old-age benefits. Economies that have promised substantially more benefits than they have made provision to finance are heading into a prolonged era of fiscal stress. Unresolved...
Persistent link: https://www.econbiz.de/10013129132
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Japanese Government Debt and Sustainability of Fiscal Policy
Doi, Takero - 2011
analyze the sustainability of the fiscal policy. We pursue three approaches to examine the sustainability. First, we calculate …
Persistent link: https://www.econbiz.de/10013121087
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Fiscal Stability of High-Debt Nations Under Volatile Economic Conditions
Hall, Robert E. - 2013
Using a recursive empirical model of the real interest rate, GDP growth, and the primary government deficit in the U.S., I solve for the ergodic distribution of the debt/GDP ratio. If such a distribution exists, the government is satisfying its intertemporal budget constraint. One key finding is...
Persistent link: https://www.econbiz.de/10013087045
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A Model of the Safe Asset Mechanism (Sam) : Safety Traps and Economic Policy
Caballero, Ricardo J. - 2013
The global economy has a chronic shortage of safe assets which lies behind many recent macroeconomic imbalances. This paper provides a simple model of the Safe Asset Mechanism (SAM), its recessionary safety traps, and its policy antidotes. Safety traps share many common features with...
Persistent link: https://www.econbiz.de/10013087881
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Game Over : Simulating Unsustainable Fiscal Policy
Evans, Richard W. - 2014
Fiscal sustainability is one of the most pressing policy issues of our time. Yet it remains difficult to quantify …
Persistent link: https://www.econbiz.de/10013064889
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What is a Sustainable Public Debt?
D'Erasmo, Pablo - 2015
traditional approach to evaluate debt sustainability, and examine three alternative approaches that provide useful econometric and … model-simulation tools to analyze debt sustainability. The first approach is Bohn's non-structural empirical framework based … three approaches to analyze debt sustainability in the United States and Europe after the recent surge in public debt …
Persistent link: https://www.econbiz.de/10013015096
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The Environment and Directed Technical Change
Acemoglu, Daron - 2010
This paper introduces endogenous and directed technical change in a growth model with environmental constraints and limited resources. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation....
Persistent link: https://www.econbiz.de/10013150439