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This paper provides an analysis of poverty in South Africa by focussing on the labour market. Gauteng, South Africa … compared in-migrants to non-migrants and intra-Gauteng migrants in order to provide insight into special benefits or challenges … labourers and the approximation of economic links between Gauteng and other provinces as represented by remittances. …
Persistent link: https://www.econbiz.de/10009395759
and comprehensive model of earnings in the South African labour market. Gauteng, South Africa's economic powerhouse, has …-migrants and intra-Gauteng migrants in order to provide insight into special benefits or challenges that in-migrant households may … economic links between Gauteng and other provinces as represented by remittances. …
Persistent link: https://www.econbiz.de/10009395760
are so pronounced that the profile of poverty is robust to changes in the underlying measurement assumptions. Gauteng … migration to and migrant labour in Gauteng by using the 2001 Census and the September 2002 Labour Force Survey. South African … outside of Gauteng, or individuals whose most recent move in the 1996-2001 period was to Gauteng from one of the other eight …
Persistent link: https://www.econbiz.de/10009395717
In the last 50 years, population and incomes have increased steadily throughout much of the Sunbelt. This paper assesses the relative contributions of rising productivity, rising demand for Southern amenities and increases in housing supply to the growth of warm areas, using data on income,...
Persistent link: https://www.econbiz.de/10005829087
Intellectual property (IP) protection involves a trade-off between the undesirability of monopoly and the desirable encouragement of creation and innovation. Optimal policy depends on the quantitative strength of these two forces. We give a quantitative assessment of current IP policies. We...
Persistent link: https://www.econbiz.de/10005829844
This paper analyzes the theoretical and quantitative implications of optimal capital taxation in the neoclassical growth model with aggregate shocks and incomplete markets. The model features a representative-agent economy with proportional taxes on labor and capital. I first consider the case...
Persistent link: https://www.econbiz.de/10005829854
The government has responded to misleading advertising by banning it, engaging in counter-advertising and taxing the product. In this paper, we consider the social welfare effects of those different responses to misinformation. While misinformation lowers consumer surplus, its effect on social...
Persistent link: https://www.econbiz.de/10005830972
Prepublication version of article that appeared as Zarembka, P (ed) Economic Theory of Capitalism and its Crises, Research in Political Economy 17, pp241-48. Stanford, CT: JAI Press. http://www.elsevier.com/wps/find/bookdescription.cws_home/621298/description#description This article formed part...
Persistent link: https://www.econbiz.de/10005835556
The principle of uncertain future: the probability of a future event contains a degree of (hidden) uncertainty. As a result, this uncertainty (in a sense, similar to vibrations, fluctuations) pushes the probability value back from the bounds to the middle of its range (from ~100% and ~0% to the...
Persistent link: https://www.econbiz.de/10005835639
Economics does not need a scientific revolution. Economics needs accurate measurements according to high standards of natural sciences and meticulous work on revealing empirical relationships between measured variables.
Persistent link: https://www.econbiz.de/10005835676