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Minimum wage fixing came to be increasingly questioned during the 1980s owing to high unemployment and the rise of liberal economic thinking. This led many countries to dilute minimum wage protection by freezing the rates or altering the coverage. However, close examination of the relevant...
Persistent link: https://www.econbiz.de/10014783618
high consumption expenditures and agricultural income hence technology improves household welfare in Masvingo province. …, but the major question has remained, has this improved the households" welfare or it has been inadequately utilized and … wrongly applied to an extent that no gain in welfare has been recorded? To estimate the impact of technological adoption on …
Persistent link: https://www.econbiz.de/10011222380
Frame and Carpenter 1979 analysed the pattern of international research collaboration among scientific fields in 1970s. Starting from this pioneering work, this paper investigates international collaborations over 1997-2012 and compares the critical results with earlier studies to detect the...
Persistent link: https://www.econbiz.de/10011207929
Purpose – The purpose of this paper is to analyze and compare the costs of price and income subsidies when the food … urban residents by different income level; evaluating the potential costs of shifting to income subsidy aiming to maintain … the real income levels of the low income, lowest income or the poor residents if grain price increases by 20 percent; and …
Persistent link: https://www.econbiz.de/10014689678
considers these issues of demographic choice and explores the relevance of consumer equivalence scales to the broader welfare …
Persistent link: https://www.econbiz.de/10014805137
asymmetric but rotating value function) to resolve this and properly measure the welfare effects of income redistribution.  …Differentiates economic welfare from general welfare and demonstrates mathematically the welfare‐indeterminacy of … economic growth. Goes on to show that the Pareto criterion also fails to identify changes in social welfare, proposes a new …
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