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Privatizations in developing countries and the government's budget constraint

Auriol, Emmanuelle; Picard, Pierre M. - 2002

In this paper, we study the impact of government's budget constraint on the optimal industrial policy in industries with increasing returns to scale. We show that privatization is preferred to regulation for intermediate values of the shadow cost of public funds (i.e., the Lagrange multiplier of...

Persistent link: https://www.econbiz.de/10011597781

The long Italian stagnation and the welfare effects of outsourcing

Zotti, Jacopo - 2015

economy has become highly integrated, and foreign outsourcing has become a standard practice for firms. While trade theory …

Persistent link: https://www.econbiz.de/10011438940

Capitalist spirit and the markets : why income inequality matters

Boukouras, Aristotelis - 2016

Persistent link: https://www.econbiz.de/10011557003

Sovereign risk and asset market dynamics in the euro area

Perego, Erica - 2018

Persistent link: https://www.econbiz.de/10012060383

The elephant in the other room

Veneziani, Roberto; Skillman, Gilbert L. - 2024 - This draft: 12 September 2023

theory. It manifests the author's command of cutting edge analytical tools, concepts, and theoretical approaches both in the …/Kaleckian account of demand-constrained equilibrium, is a viable -- indeed, superior -- alternative to mainstream theory. While the book …

Persistent link: https://www.econbiz.de/10014476014