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The purpose of this paper will be to study the evolution of inequality and poverty in Uruguay between 1989 and 1997. We … found that from 1991 there was an increase wage inequality in Uruguay and poverty changed little, decreased until 1993 and … little to poverty. …
Persistent link: https://www.econbiz.de/10005134970
-independence era where a large agriculture-based rural traditional sector coexisted with a small non-agricultural modern sector. This … of cash crops, motivated by their high export value, and overlooked the important contribution of food crops cultivation … in ensuring food security. To tackle these problems, consecutive governments launched series of development plans the …
Persistent link: https://www.econbiz.de/10013132879
increasing the capital allocated to the traditional agriculture. This is justified by the increasing allocation of Arab capital …
Persistent link: https://www.econbiz.de/10012906018
Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).
Persistent link: https://www.econbiz.de/10010284102
Undesirable outputs are often produced together with desirable outputs. This joint production of good and bad outputs brings about a difficulty for productivity measurement. Here we introduce a directional distance function and use it as a component in a new productivity index. This index, as an...
Persistent link: https://www.econbiz.de/10005077056
Reply to professor Vanek's comment on Bogetic's paper in the same issue of the Economic Analysis and Workers' Management.
Persistent link: https://www.econbiz.de/10005077059
I show that the Pigovian solution to a simple externalities problem and a particular Coasian solution can be viewed as competitive equilibria from different initial endowments. I also describe the ``compensation mechanism,'' a mechanism that implements either the Coasian or Pigovian solution as...
Persistent link: https://www.econbiz.de/10005077060
This paper studies efficient and egalitarian allocations over a single heterogeneous and infinitely divisible good. We prove the existence of such allocations using only measure-theoretic arguments. Under the additional assumption of complete information, we identify a sufficient condition on...
Persistent link: https://www.econbiz.de/10005077064
We analyze three sets of income data: the US Panel Study of Income Dynamics (PSID), the British Household Panel Survey (BHPS), and the German Socio-Economic Panel (GSOEP). It is shown that the empirical income distribution is consistent with a two-parameter lognormal function for the low-middle...
Persistent link: https://www.econbiz.de/10005077069
Models of household consumption used to estimate the relative needs of people living in different family types need to take account of economies of household size, price-like substitution effects and the allocation of consumption among the individuals of the household. No existing estimation...
Persistent link: https://www.econbiz.de/10005077071