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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
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
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
Incentive compatibility in poverty alleviation game for the most efficient and just allocation of resources and maximisation of social welfare requires cooperation from both rich and poor households, governments and the global community. Non-cooperation among them only deepens poverty with...
Persistent link: https://www.econbiz.de/10014223549
economic theory and presents some applications. The chapter is structured according to the nature of the computable general …
Persistent link: https://www.econbiz.de/10014025270
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
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
The present paper describes the modelling of regional labour markets in the newly developed dynamic spatial general equilibrium model RHOMOLO, where the labour market equilibrium is determined by firms' labour demand, a wage-curve determining unemployment, and interregional labour migration. The...
Persistent link: https://www.econbiz.de/10011581448