Showing 161 - 170 of 223
The KMG growth dynamics in Chiarella and Flaschel (2000) assume that wages, prices and quantities adjust sluggishly to disequilibria in labor and goods markets. This paper modifies the KMG model by introducing Steindlian features of capital accumulation and income distribution. The resulting...
Persistent link: https://www.econbiz.de/10005533175
Phoenix and neighboring municipalities, like many in the South and West, pursued a growth strategy based on annexation in the decades after World War II. This paper explores the link between annexation and competition for tax revenues. After discussing arguments for annexation, it traces the...
Persistent link: https://www.econbiz.de/10005533176
Despite the recent increase in foreign direct investment (FDI) to African countries, these resources have not had a meaningful impact on economic development because of limited effects on domestic factor markets, especially domestic investment and employment. In this context, this study analyses...
Persistent link: https://www.econbiz.de/10005533177
The paper considers theoretical and empirical evidence on the impact of standards-based school reform. Our theoretical synthesis distinguishes between sorting and incentive effects of high standards, and spells out the potential tradeoffs and complementarities between enhancing efficiency and...
Persistent link: https://www.econbiz.de/10005533178
We argue that previous research on time devoted to child care has devoted insufficient attention to the definition and conceptualization of care time. Three separate problems are evident. First, the conventional focus on explicit activities with children distracts attention from the larger...
Persistent link: https://www.econbiz.de/10005533179
When natural resource revenues provide an important motive and/or means for armed conflict, the transition from war peace faces three challenges: (i) ensuring that the benefits and costs of natural resource exploitation are distributed so as to ease rather than exacerbate social tensions; (ii)...
Persistent link: https://www.econbiz.de/10005533180
Using estimates of earnings functions in Ghana, this paper examines patterns of labor market segmentation with regard to formal and informal employment. Persistent earnings differentials are used as indicators of limited mobility across segments of the employed labor force. We find evidence of...
Persistent link: https://www.econbiz.de/10005533181
We argue that earlier quantitative research on the relationship between heterosexual partners’ earnings and time spent on housework has two basic flaws. First, it has focused on the effects of women’s shares of couples’ total earnings on their housework, and has not considered the simpler...
Persistent link: https://www.econbiz.de/10005533182
Professor Crotty once casually observed that in his view economics could not be properly thought of as a science. This paper investigates the implications of this view in light of the question of how the scientific method has recently contributed to the evolution of economic practice. It is...
Persistent link: https://www.econbiz.de/10005533183
Althusser's pioneering concept of "ideological state apparatuses" is extended to the unique role of consumerism as a particular ideology enabling and supporting U.S. capitalism. It is argued that rising levels of worker consumption have functioned effectively to compensate workers for (and...
Persistent link: https://www.econbiz.de/10005533184