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For years, the agricultural policies of the United States and the European Union have been the object of internal debate at the same time as they have been at the heart of agricultural discussions in the Doha round of WTO negotiations. The CAP (Common Agricultural Policy) is being examined in...
Persistent link: https://www.econbiz.de/10005406630
The ‘Cuban safety-valve theory’ explains sustained survival of Cuban socialism in part through the high levels of emigration, following Hirschman’s model of ‘exit’ undermining ‘voice’. The article argues that this remains insufficient in two important ways. Taking a closer look at...
Persistent link: https://www.econbiz.de/10005412486
The evolution of Gini coefficient for personal incomes in the USA between 1947 and 2005 is analyzed and modeled. There … for people with income. The model gives practically unchanged (normalized) PIDs and Gini coefficient between 1947 and 2005 … definition of income. Therefore the model Gini coefficient potentially better describes true behavior of inequality in the USA …
Persistent link: https://www.econbiz.de/10005413363
of personal income distribution normalized to the total nominal GDP. Inflation is found to be a mechanism, which … labor force. During the last twenty-five years, unemployment in the USA has been a lagged linear function of inflation. In … years before. One can predict the unemployment rate in the USA in the following two years within the accuracy of inflation …
Persistent link: https://www.econbiz.de/10005413366
The average and median income dependence on work experience and time is analyzed and modelled for the USA. The original … years is given for each age group considering potential per capita growth rate of 1.6%. The USA mean income dependence on … data set providing the mean and median income estimates in 10 year long intervals spans a long time period of almost 35 …
Persistent link: https://www.econbiz.de/10005413388
Numerical modelling of the personal income distribution (PID) in the USA from 1950 to 2003 is accomplished based on a … hierarchical income distribution structure in the USA. The PIDs normalized to the total population and corrected for the per capita … microeconomic model for the personal income evolution. It is shown that the overall PID demonstrates the existence of some fixed …
Persistent link: https://www.econbiz.de/10005413426
The paper summarises and advances arguments made earlier by staff members of the Swiss Institute for Business Cycle Research in the current debate over the reasons for growth in Switzerland being weak. It is shown that the assessment of the speed of productivity growth crucially depends on how...
Persistent link: https://www.econbiz.de/10005731471
It is customary in the US for the WASP Notion (White Anglo Sax and Protestant) to be bound to the principles and ideals of what the North American nation shall be; Nevertheless, WASP Nation manifestations aren't the sole expression, for indigenous/native nations, such as those from Mexico, Africa,...
Persistent link: https://www.econbiz.de/10005734456
Some methods for the evaluation of parameter constancy in cointegrated vector autoregressive (VAR) models are discussed. Two different ways of re-estimating the VAR-model are proposed; one in which all parameters are estimated recursively based upon the likelihood function for the first...
Persistent link: https://www.econbiz.de/10005749668
La Doctrina Clinton no fue definida como tal hasta el 26 de febrero de 1999 por el propio Presidente. Pero los principios que la rigieron ya habían sido aplicados por la política exterior “clintoniana” a partir de la intervención humanitaria en Somalia de 1993. Tal política, apodada como...
Persistent link: https://www.econbiz.de/10005581729