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Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...
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substitutability parameter in an intermediation model with differentiated products and inputs. Intuitively, effects in the product and …
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This strategic paper discusses Ethiopia’s growth and transformation plan (GTP) for the periods 2010/2011 and 2014/2015. The Ethiopian government’s main development agenda has been poverty eradication. The government has designed, and is implementing, strategies, policies, and plans...
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В статье показаны характеристики стратегий строительных организаций, представлена классификация территорий России по экономической активности и...
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We extend the results of Bartling and Fischbacher (Rev. Econ. Stud. 79(1):67–87, <CitationRef CitationID="CR1">2012</CitationRef>) by showing that, by delegating to an intermediary, a dictator facing an allocation decision can effectively shift blame onto the delegee even when doing so necessarily eliminates the possibility of a fair...</citationref>
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