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As shown empirically for many transition economies, even small changes in assumptions on economies of size and adult equivalence scales are likely to produce significant changes in the analysis of poverty and its distribution across households and individuals. Since such exercises are then used...
Persistent link: https://www.econbiz.de/10005755000
After almost three decades of sustained economic growth, Indonesia is currently in the midst of a major economic and financial crisis. This paper seeks to contribute new evidence on three questions: who has been affected most by the crisis, how they have been affected and how they have responded...
Persistent link: https://www.econbiz.de/10005729496
In this paper we show that if the Pareto relation is acyclic then the set of all Pareto optimal social states coincides with chosen social states of acyclic Paretian social welfare relations. Subsequently we show that given an acyclic Paretian social welfare relations the set of all social...
Persistent link: https://www.econbiz.de/10005789541
This paper investigates how in addition to personal characteristics the neighborhood affects the individual transition rate from welfare to work. We use a unique administrative database on welfare recipients in Rotterdam, the second largest city of The Netherlands. We find that the exit rate to...
Persistent link: https://www.econbiz.de/10005660458
Although there are several variants of innovation economics at play in the current antitrust literature, the federal judiciary and enforcement agencies as well as a number of Chicago Schoolers have recognized the importance of policy they all associate with the economist Joseph Schumpeter,...
Persistent link: https://www.econbiz.de/10013072183
Moulin (1999) characterizes the fixed-path rationing methods by efficiency, strategy-proofness, consistency, and resource-monotonicity. In this note, we give a straightforward proof of his result.
Persistent link: https://www.econbiz.de/10005133098
Section 2 of this paper suggests that economics has long sought to colonise other social sciences. It has, however, only achived limites success because of its alien methods and its need to take the social as given. Section 3 argues that there is now a newer version of economic imperialism...
Persistent link: https://www.econbiz.de/10005587707
This paper qualifies Weil [1989]'s according to which dynamic efficiency may fail when agents are infinitely-lived, but "disconnected" from previous ones. It is shown that finite horizons matter in the following sense: if dynamic inefficiency results when the agents have infinite horizons, then...
Persistent link: https://www.econbiz.de/10005779675
Persistent link: https://www.econbiz.de/10005486379
I Preliminaries: Introduction -- Abstract Social Choiuce Problems and Concrete Resource Allocation Problems -- Describing an Allocation Problem: a Checklist -- II Axiom Types: Axiom Format -- Axiom Content: Delineating Broad Categories -- Axiom Content: Punctual Requirements on Welfare...
Persistent link: https://www.econbiz.de/10014340331