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This paper uses an integrated model of aggregate supply to analyze the post-1973 slowdown in productivity growth in the seven major OECD economies. Factor substitution, unexpected demand changes, profitability, and inventory disequilibrium all contribute to the explanation, which is based on a...
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This paper describes modifications to, and further developments of, the supply block in the Secretariat's INTERLINK world model as of the autumn of 1985. The objective of the work was to strengthen the role of supply side elements, in particular profitability, in the model. In the process,...
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Development theory has increasingly focused on public sector governance and pertinent institutions as key determinants of successful development. This paper discusses the concepts of public sector governance and alternative development indicators. Both theory and empirical evidence investigated...
Persistent link: https://www.econbiz.de/10010699172
In this article, we present and evaluate an epidemic scheme for the synchronization of coupled Kuramoto oscillators in communication networks. It addresses the problem of efficiently providing globally synchronous time epochs in complex, dynamic Peer-to-Peer network topologies. Rather than the...
Persistent link: https://www.econbiz.de/10008472631
The rapid increase -- over the next thirty years -- in the population share of persons above retirement age has led to a steady increase in attention paid by OECD Governments to questions concerning old age income maintenance. The attached paper looks at the proper role the Government can play...
Persistent link: https://www.econbiz.de/10005045703
The separability between efficiency and equity is an underlying assumption in most computable general equilibrium (CGE) models used to assess the costs of carbon abatement. Chichilnisky and Heal (1994) have generated a debate on both the analytical correctness of this hypothesis as well as its...
Persistent link: https://www.econbiz.de/10005045706