Similar Search Results

Comercio, tipo de cambio real y crecimiento económico

Casares, Enrique R. - In: Estudios de economía 34 (2007) 1, pp. 21-35

We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade liberalization must be followed by a depreciation of the real...

Persistent link: https://www.econbiz.de/10009959078

The welfare cost of external habits : a quantitative assessment

Gómez, Manuel A. - In: Estudios de economía 37 (2010) 1, pp. 5-26

This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...

Persistent link: https://www.econbiz.de/10009959110

Participation, growth and social poverty : social capital in a homogeneous society

Antoci, Angelo; Sacco, Pier Luigi; Vanin, Paolo - In: The open economics journal 1 (2008), pp. 1-13

We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to...

Persistent link: https://www.econbiz.de/10010080116

Recycling of waste and downgrading of secondary resources in a classical type of production model

Hosoda, Eiji B - In: Journal of economic structures : JES; the official … 1 (2012), pp. 1-232

This paper analyses recycling of waste and downgrading of secondary resources using a classical type of production model represented by a Sraffian model. Residuals emitted as waste by households and secondary resources obtained by recycling of waste are negatively or positively priced, depending...

Persistent link: https://www.econbiz.de/10010081825

The chaotic economic growth model : China

Jablanovic, Vesna D. - In: Advances in management & applied economics 3 (2013) 4, pp. 89-94

Chaos theory reveals structure in aperiodic, dynamic systems. The number of nonlinear business cycle models use chaos theory to explain complex motion of the economy. The basic aim of this paper is to provide a relatively simple chaotic economic growth model that is capable of generating stable...

Persistent link: https://www.econbiz.de/10010148057

Job security and the age-composition of employment : evidence from Chile

Pagés, Carmen; Montenegro, Claudio E. - In: Estudios de economía 34 (2007) 2, pp. 109-139

on overall aggregate employment, participation or unemployment rates. -- job security ; employment composition …

Persistent link: https://www.econbiz.de/10009959084

Empirical analysis of employment and foreign direct investment in Malaysia : an ARDL bounds testing approach to cointegration

Pinn, Stan Lee Shun; Ching, Kok Sook; Kogid, Mori; … - In: Advances in management & applied economics 1 (2011) 3, pp. 77-91

This study examines the relationships between the employment and foreign direct investment (FDI) in Malaysia. The Malaysian government continues to put efforts in attracting more FDI inflows as it seems that FDI plays a major role in the economic development of Malaysia. Besides, there is...

Persistent link: https://www.econbiz.de/10010009045

Wage and occupational assimilation by skill level : migration policy lessons from Spain

Rodríguez-Planas, Núria - In: IZA Journal of European Labor Studies 1 (2012), pp. 1-24

dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries …. -- unemployment dynamics ; structural multi-equation models ; chain reaction theory ; simulations ; PIGS …

Persistent link: https://www.econbiz.de/10010118876

Who bears the cost of the business cycle? : labor-market institutions and volatility of the youth unemployment rate

Kawaguchi, Daiji; Murao, Tetsushi - In: IZA Journal of Labor Policy 1 (2012), pp. 1-22

The way age-specific unemployment rates fluctuate over the business cycle differs significantly across countries. This … paper examines the effect of labor-market institutions on the fluctuations of age-specific unemployment rates based on panel … existing workforce induces the employment adjustment of new entrants into the labor market. -- unemployment ; labor market …

Persistent link: https://www.econbiz.de/10010118881

How quickly does structural reform pay off? : an empirical analysis of the short-term effects of unemployment benefit reform

Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - In: IZA Journal of Labor Policy 1 (2012), pp. 1-12

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …

Persistent link: https://www.econbiz.de/10010118882