Содержанием этого доклада является попытка пересмотра ряда исходных постулатов неоклассической теории с целью расширения модели конкурентного равновесия и...

Содержанием настоящего доклада является попытка построения целостной теории рынков «опекаемых благ», охватывающей совокупность товаров и услуг, производство...

This study investigates wage leadership in the Netherlands. We empirically examine public and private wages using several wage definitions for the period 1980-2012. We find no evidence for public wage leadership. Moreover, public wages return to their previous equilibrium value three to four...

Following the present scale of fiscal imbalances in developed countries, significant fiscal consolidation will be inevitable in the coming years. Fiscal discipline will require cuts in government expenditure, leading to trade-offs between different components of government expenditure. In this...

This paper proposes a commercial development model, based on Fujita's (1988) monopolistic competition model of spatial agglomeration, to examine stores' decisions to enter urban communities. The model focuses on commercial developers and large stores, and identifies a potential holdup problem in...

We build a political economy model of state policy choice highlighting the challenges to breaking barriers to the adoption of inclusive policies in Africa. We highlight necessary and sufficient conditions for a political leader to gain from implementing exclusive policies: (i) Implementing...

Having reached a peak in 2002, Croatia's GDP growth lost momentum thereafter due to restrictive economic policy measures prompted by rising external and internal imbalances. The current account deficits, averaging 6-7% of the country's GDP over the past few years, were primarily the consequence...

This study investigates the effects of gender quotas in national elections on political participation, public policy, and corruption in Latin America. We are able to replicate the findings from previous research that women in politics do affect these outcomes, but only when we treat the number...

Till date,conceptualisation of poverty in Bangladesh’s policy making is limited to income/consumption poverty where a rise or fall of income/consumption above or below a pre-defined poverty line determines changes in poverty. To identify the budgetary and fiscal measures which can be...

The national budget for the fiscal year 2009-2010 will be an important event on a number of counts, particularly in the current national and global contexts. From the national perspective, it will be the first one by the newly-elected government. Arguably, it will be inspired by the election...