Narrow search
Showing 1 - 10 of 1,511
Cover Image
Are optimistic expectations keeping the Chinese happy?
Frijters, Paul; Liu, Amy Y.C.; Meng, Xin - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 159-171
In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …
Persistent link: https://www.econbiz.de/10010597452
Cover Image
Vicious and Virtuous Circles - The Political Economy of Unemployment in Interwar UK and USA
Matthews, Kent; Minford, Patrick; Naraidoo, Ruthira - C.E.P.R. Discussion Papers - 2008
This paper develops a political economy model of multiple unemployment equilibria to provide a theory of an endogenous natural rate of unemployment. This model is applied to the UK and the US interwar period which is remembered as the decade of mass unemployment. The theory here sees the natural...
Persistent link: https://www.econbiz.de/10005791549
Cover Image
Vicious and virtuous circles--The political economy of unemployment
Minford, Patrick; Naraidoo, Ruthira - Department of Economics, Faculty of Economic and … - 2009
equilibria in response to shocks and the model specification is superior in forecasting performance out of sample to alternative …
Persistent link: https://www.econbiz.de/10005039674
Cover Image
Terms of Trade Shocks in Africa; Are they Short-Lived or Long-Lived?
Cashin, Paul; Pattillo, Catherine A. - International Monetary Fund (IMF) - 2000
This paper examines the persistence of shocks to the terms of trade, using annual data on 42 Sub-Saharan African countries between 1960-96. We find that the persistence of terms of trade shocks varies widely—for about half the countries such shocks are short-lived, while for one-third of the...
Persistent link: https://www.econbiz.de/10005826235
Cover Image
The political economy of unemployment and threshold effects. A nonlinear time series approach.
Naraidoo, Ruthira; Minford, A. Patrick L.; Venetis, … - Centre for Economic Research, School of Economics and … - 2006
This paper develops a political economy model of multiple unemployment equilibria to provide a theory of an endogenous natural rate of unemployment using a nonlinear threshold model for a number of OECD countries. The theory here sees the natural rate and the associated path of unemployment as a...
Persistent link: https://www.econbiz.de/10005416698
Cover Image
Vicious and Virtuous Circles - the Political Economy of Unemployment in Interwar UK and USA
Naraidoo, Ruthira; Minford, A. Patrick L.; Matthews, … - Centre for Economic Research, School of Economics and … - 2006
This paper develops a political economy model of multiple unemployment equilibria to provide a theory of an endogenous natural rate of unemployment. This model is applied to the UK and the US interwar period which is remembered as the decade of mass unemployment. The theory here sees the natural...
Persistent link: https://www.econbiz.de/10005416701
Cover Image
Towards Behavioral Political Economy of Institutional Change: With Field Facts from China
Zhang, Yongjing; Wang, Mei - CESifo - 2014
This study proposes an analytical framework towards behavioral political economy of institutional change. It considers institutional changes as central government’s choices under uncertainty, which are largely driven by the strategic outcomes in a behavioral coordination game between local...
Persistent link: https://www.econbiz.de/10010948883
Cover Image
A view from behavioral political economy on China's institutional change
Zhang, Yongjing - In: China Economic Review 23 (2012) 4, pp. 991-1002
A behavioral political economy framework is built on the basis of prospect theory to explain the induced and imposed institutional changes during China's market reform, giving special attention to the integrated effects of economic and political institutions. According to prospect theory, how...
Persistent link: https://www.econbiz.de/10011065786
Cover Image
Dryland Pastoral Systems in Transition: What are the Options for Institutional Change in Uzbekistan?
Shaumarov, Makhmud; Birner, Regina - Gesellschaft für Wirtschafts- und Sozialwissenschaften … - 2013
Within the last two decades, 40% of rangelands in Uzbekistan have been taken out of use due to non-functioning water facilities and pasture degradation. A retrospective study of rangeland production system development in the former Soviet Union (FSU) shows that the pasture land was used more...
Persistent link: https://www.econbiz.de/10010880025
Cover Image
Evaluating the 1996 EU food aid reform: Did it really lead to better targeting?
Maas, Sarah - International Association of Agricultural Economists - IAAE - 2009
The paper analyses the 1996 EU food aid reform and addresses the question of its impact on improving EU food aid allocation in terms of reaching those countries which are most vulnerable to food insecurity. Using a two-stage regression model the analysis finds that EU food aid in kind is...
Persistent link: https://www.econbiz.de/10010880127