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value than does integrating them into a smaller loss. Using a generic prospect theory value function, we formalize this …
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Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital?s share in factor income determines...
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effects. Although our theory contains no money illusion, no permanent nominal rigidities, and no departure from rational …
Persistent link: https://www.econbiz.de/10008520206
We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on changes in the relative price of schooling. A rising price of schooling relative to other labor-intensive service sectors should indicate declining relative schooling...
Persistent link: https://www.econbiz.de/10008520285
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Côte d’Ivoire's government decided on the National Development Plan to give a new impetus to its development policy. This new strategy is based on an ambitious and realistic recovery and development program centered on private and public investment. The institutional monitoring framework for...
Persistent link: https://www.econbiz.de/10011244156
sanitaire stricte consistant à abattre les élevages contaminés, la mise en oeuvre d'une campagne de vaccination cause des pertes …-option, devrait inciter les autorités sanitaires à reporter la décision de vaccination si la probabilité d'une épidémie de grande …
Persistent link: https://www.econbiz.de/10011149178
<Para ID="Par1">Immunization through vaccination has been a commercially available pre-harvest intervention to reduce E … implementing this vaccination across a series of alternative scenarios. Producers face $1 billion to $1.8 billion in welfare losses …
Persistent link: https://www.econbiz.de/10011150975