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Approaching an Investigation of Multi-Dimensional Inequality Through the Lenses of Variety in Models of Capitalism

Antonelli, Gilberto - 2014

economic theory in this field after decades of globalization and in the midst of a persisting global crisis, in paragraphs 2 … why the models of capitalism theory is relevant for studying multidimensional inequality. These paragraphs emphasise that … the process of increasing inequality, the notion of symbolic violence and the models of capitalism theory. In the last …

Persistent link: https://www.econbiz.de/10013040114

Reasonable Sample Sizes for Convergence to Normality

Schröder, Carsten - 2014

The central limit theorem says that, provided an estimator fulfills certain weak conditions, then, for reasonable sample sizes, the sampling distribution of the estimator converges to normality. We propose a procedure to find out what a “reasonably large sample size” is. The procedure is...

Persistent link: https://www.econbiz.de/10013040120

Does the Stability and Growth Pact Induce a Bias in the EC's Fiscal Forecasts

Gilbert, Niels D. - 2014

Enforcement of European fiscal rules, to a large extent, hinges on the fiscal forecasts prepared by the European Commission (EC). The reliability of these forecasts has received little attention in the literature, despite the fact that i) the forecasts have potentially far-reaching consequences...

Persistent link: https://www.econbiz.de/10013040182

Danish Aid Policy : Theory and Empirical Evidence

Tarp, Finn - 2014

Foreign aid has been an area of active scholarly investigation since the end of the Second World War, but particularly since the early 1950s when a large number of the erstwhile colonies became independent. Few areas of public policy involving the developed and developing countries have aroused...

Persistent link: https://www.econbiz.de/10013040206

Aid Effectiveness Disputed

Tarp, Finn - 2014

Aid has worked in the past but can be made to work better in the future. In this important new book, leading economists and political scientists, including experienced aid practitioners, re-examine foreign aid. The evolution of development doctrine over the past fifty years is critically...

Persistent link: https://www.econbiz.de/10013040207

A Simple Model of Optimal Deterrence and Incapacitation

Shavell, Steven - 2014

The deterrence of crime and its reduction through incapacitation are studied in a simple multiperiod model of crime and law enforcement. Optimal imprisonment sanctions and the optimal probability of sanctions are determined. A point of emphasis is that the incapacitation of individuals is often...

Persistent link: https://www.econbiz.de/10013040232

Sign Restrictions, Structural Vector Autoregressions, and Useful Prior Information

Baumeister, Christiane - 2014

This paper makes the following original contributions to the literature. (1) We develop a simpler analytical characterization and numerical algorithm for Bayesian inference in structural vector autoregressions that can be used for models that are overidentified, just-identified, or...

Persistent link: https://www.econbiz.de/10013040238

Aid Effectiveness Disputed

Tarp, Finn - 2014

There is a widespread perception among academic researchers and aid practitioners alike that empirical cross-country analysis fails to find any significant link between aid flows and growth, and that aid is successful only when associated with good policies in the recipient countries. These...

Persistent link: https://www.econbiz.de/10013040255

Minimal Consistent Enlargements of the Immediate Acceptance Rule and the Top Trading Cycles Rule in School Choice

Jaramillo, Paula - 2014

We consider school choice problems. We are interested in solutions that satisfy consistency. Consider a problem and a recommendation made by the solution for the problem. Suppose some students are removed with their positions in schools. Consider the “reduced” problem consisting of the...

Persistent link: https://www.econbiz.de/10013040287

More on Middlemen : Equilibrium Entry and Efficiency in Intermediated Markets

Nosal, Ed - 2014

This paper generalizes Rubinstein and Wolinsky's model of middlemen (intermediation) by incorporating production and search costs, plus more general matching and bargaining. This allows us to study many new issues, including entry, efficiency and dynamics. In the benchmark model, equilibrium...

Persistent link: https://www.econbiz.de/10013040291