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This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. Targeted early...
Persistent link: https://www.econbiz.de/10010274195
This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...
Persistent link: https://www.econbiz.de/10010274209
countries, sometimes called GASPEC. We use the World Gas Model, a dynamic, strategic representation of world gas production … North America would be affected more than other parts of the world. Lastly, the vulnerability of gas importers worldwide on …
Persistent link: https://www.econbiz.de/10010274286
In this paper, we discuss potential developments of the world natural gas industry at the horizon of 2030. We use the … World Gas Model (WGM), a dynamic, strategic representation of world natural gas production, trade, and consumption between … 2005 and 2030. We specify a base case which defines the business-as-usual assumptions based on forecasts of the world …
Persistent link: https://www.econbiz.de/10010274288
In this paper, we compare the distribution of price changes between collusive and noncollusive periods for ten major cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis) moments. However, none of the above descriptive...
Persistent link: https://www.econbiz.de/10010274410
I review theories and evidence on labor market policies and institutions in an international context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and active labor market policies. Scandinavia and Central...
Persistent link: https://www.econbiz.de/10010274420
Recent research has shown that economic conditions have an important effect on real commodity prices. We quantify the contribution of fluctuations in inflation to this particular link. In the data, a temporary rise in inflation causes real commodity prices to rise, as does a rise in trend...
Persistent link: https://www.econbiz.de/10010274442
estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose's results seem to indicate. …
Persistent link: https://www.econbiz.de/10010274458
The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...
Persistent link: https://www.econbiz.de/10010274561
Ethnic conflicts and their links to international human trafficking have recently received a surge in international attention. It appears that ethnic conflicts exacerbate the internal displacement of individuals from networks of family and community, and their access to economic and social...
Persistent link: https://www.econbiz.de/10010274570