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Using long-span data on the dollar-sterling and dollar-franc real exchange rates over the past two centuries, we apply the findings of various strands of the recent literature in order to examine the statistical and economic significance of the Harrod-Balassa-Samuelson effect (the effect of...
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We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria featuring reversible hysteresis. The isocline for the stock of pollution possesses two stable branches. Assuming that the ecology is initially located on the...
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This study analyses the dynamics of a two-dimensional overlapping generations economy with endogenous labour supply à la Reichlin (J Econ Theory 40(1):89–102, <CitationRef CitationID="CR52">1986</CitationRef>) and aspirations. We show that the degree of nonlinearity of consumption externality in individual utility is responsible for the...</citationref>
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The objective of this study is to develop soft computing and data reconstruction techniques for modeling monthly California Irrigation Management Information System (CIMIS) evapotranspiration (ET<Subscript>o</Subscript>) at two stations, U.C. Riverside and Durham, in California. The nonlinear dynamics of monthly CIMIS...</subscript>
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