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We analyze how economy-wide forces (i.e. shocks to terms of trade, technology and endowments) affect the intensity of social conflict. We see conflict phenomena such as crime and civil war as involving resource appropriation activities. We show that not all shocks that could make society richer...
Persistent link: https://www.econbiz.de/10014069582
Abstract: The present paper explains the different effects of trade reform on urban unemployment in a mobile capital model where urban formal wage is endogeneous and urban informal sector is globally connected. The main finding is that import-led reform raises urban unemployment, whereas...
Persistent link: https://www.econbiz.de/10014059701
This paper describes a multisector general equilibrium model built to quantify the impact of alternative scenarios of medium and long run on the performance of the Brazilian economy. To demonstrate how the model can be used as a planning instrument, we imagine that the Brazilian government wants...
Persistent link: https://www.econbiz.de/10014053650
The Philippines has undertaken substantial trade-policy reforms since the 1980s. However, the poverty impact is not very clear and has been the subject of intense debate, most crucial of which is the likely poverty effects of liberalizing the highly protected agricultural sector. A CGE...
Persistent link: https://www.econbiz.de/10012711437
In this paper, we assess the distributional impact of introducing a carbon tax in Poland. We apply a two-step simulation procedure. First, we evaluate the economy-wide effects with a dynamic general equilibrium model. Second, we use a microsimulation model based on household budget survey data...
Persistent link: https://www.econbiz.de/10012249650
The paper assesses the global effects of brain drain on developing economies and quantifies the relative sizes of various static and dynamic impacts. By constructing a unified generic framework characterized by overlapping-generations dynamics and calibrated to real data, this study incorporates...
Persistent link: https://www.econbiz.de/10003860334
This paper studies the determinants of inequality in an infnitehorizon general equilibrium model. Missing capital markets decreases motivations for capital accumulation among the poor, while uncertainty about future income leads to precautionary savings. The different returns to saving faced by...
Persistent link: https://www.econbiz.de/10009389998
inequality results in trade theory that are focused strictly on functional rather than household inequality. As an application of …
Persistent link: https://www.econbiz.de/10009239049