Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 7 of 7
Full-Text Articles in Social and Behavioral Sciences
2023-1 The Macroeconomic Consequences Of Subsistence Self-Employment, Juan Herreno, Sergio Ocampo
2023-1 The Macroeconomic Consequences Of Subsistence Self-Employment, Juan Herreno, Sergio Ocampo
Department of Economics Research Reports
We evaluate the aggregate effects of expansions of credit supply in environments where subsistence self-employment is prevalent. We extend a standard macro development model to include unemployment risk, which becomes a key driver of selection into self-employment. The model is consistent with the joint distribution of earnings and occupations, the reaction of wages to labor demand shocks, and the small effects of expansions in the supply of microloans on the earnings of the self-employed. We find that the elasticity of aggregate output to expansions in credit supply is proportional to the elasticity of individual earnings. This proportionality arises due to …
2015-1 The Interactive Evolution Of Economic Ideas And Experience - The Case Of Canadian Inflation Targeting, David Laidler
2015-1 The Interactive Evolution Of Economic Ideas And Experience - The Case Of Canadian Inflation Targeting, David Laidler
Economic Policy Research Institute. EPRI Working Papers
No abstract provided.
2013-4 Three Revolutions In Macroeconomics: Their Nature And Influence, David Laidler
2013-4 Three Revolutions In Macroeconomics: Their Nature And Influence, David Laidler
Economic Policy Research Institute. EPRI Working Papers
No abstract provided.
2006-3 Axel Leijonhufvud And The Quest For Micro-Foundations -- Some Reflections, David Laidler
2006-3 Axel Leijonhufvud And The Quest For Micro-Foundations -- Some Reflections, David Laidler
Economic Policy Research Institute. EPRI Working Papers
No abstract provided.
2005-02 Keynes And The Birth Of Modern Macroeconomics, David Laidler
2005-02 Keynes And The Birth Of Modern Macroeconomics, David Laidler
Economic Policy Research Institute. EPRI Working Papers
No abstract provided.
2003-04 Migration And Pollution, Raghbendra Jha, John Whalley
2003-04 Migration And Pollution, Raghbendra Jha, John Whalley
Department of Economics Research Reports
No abstract provided.
2001-02 Public Profit Sharing, Ronnie Schoeb
2001-02 Public Profit Sharing, Ronnie Schoeb
Department of Economics Research Reports
No abstract provided.