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Persistent link: https://www.econbiz.de/10010598995
In order to analyse the effect of ambiguity and uncertainty aversion on equilibrium welfare, a two period, pure … probabilities. It is further shown that small changes in aggregate endowment may have drastic welfare implications. A more general …
Persistent link: https://www.econbiz.de/10010708255
In a many-sector production economy where each sector’s output is used as input for every sector, a general equilibrium implies zero profit for everyone, whereas one market in excess demand implies positive profits for all others in their partial equilibrium. If more than one...
Persistent link: https://www.econbiz.de/10011147839
This paper examines the effect of different crimes on Foreign Direct Investment (FDI) inflows into the 32 Mexican states. Using a state-quarter panel data for the period 2005 to 2015, we estimate alternative models of FDI, with fixed effects throughout a flexible lag-lengths methodology and...
Persistent link: https://www.econbiz.de/10012166075
profits decline. Overall welfare rises. Our theoretical results have implications for estimating the elasticity of the labor …
Persistent link: https://www.econbiz.de/10011660778
profits decline. Overall welfare rises. Our theoretical results have implications for estimating the elasticity of the labor …
Persistent link: https://www.econbiz.de/10011698695
profits decline. Overall welfare rises. Our theoretical results have implications for estimating the elasticity of the labor …
Persistent link: https://www.econbiz.de/10011744532
profits decline. Overall welfare rises. Our theoretical results have implications for estimating the elasticity of the labor …
Persistent link: https://www.econbiz.de/10011665750
profits decline. Overall welfare rises. Our theoretical results have implications for estimating the elasticity of the labor …
Persistent link: https://www.econbiz.de/10011670919
profits decline. Overall welfare rises. Our theoretical results have implications for estimating the elasticity of the labor …
Persistent link: https://www.econbiz.de/10011660671