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Articles 1 - 30 of 79
Full-Text Articles in Social and Behavioral Sciences
Together...We Compete... (In Greek), Triantafillia Giotopoulou, Andreas Drichoutis, Vassilis Karalis, Lykouropoulou Eirini
Together...We Compete... (In Greek), Triantafillia Giotopoulou, Andreas Drichoutis, Vassilis Karalis, Lykouropoulou Eirini
Andreas Drichoutis
No abstract provided.
Firm-Sponsored General Training, Felipe Balmaceda Assoc Prof.
Firm-Sponsored General Training, Felipe Balmaceda Assoc Prof.
Felipe Balmaceda
This article analyzes firm and worker’s incentives to invest in general and specific training when these are separable in the production technology and wages are determined by the outside-option principle. It is shown that firms pay for general training, while workers receive the full return on it, and firms and workers share both the costs and benefits of specific training. The case of delayed general training is also studied. When general training is delayed, it is shown that the strategic complementarity between specific and general training increases the worker’s incentives to invest in specific training.
Competitive Auction Markets In British Columbia, Peter Cramton, Susan Athey
Competitive Auction Markets In British Columbia, Peter Cramton, Susan Athey
Peter Cramton
US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.
When The Saints Go Marching Out, Scott J. Wallsten
When The Saints Go Marching Out, Scott J. Wallsten
Scott J. Wallsten
No abstract provided.
The Problem Of Moral Dirigisme: A New Argument Against Moralistic Legislation, Mario Rizzo
The Problem Of Moral Dirigisme: A New Argument Against Moralistic Legislation, Mario Rizzo
Mario Rizzo
This Article applies a theory of rational choice to moral decisionmaking. In this theory, agents act primarily on local and personal knowledge to instantiate moral principles, virtues and moral goods. The State may seek to prevent them from acting as they independently determine by prescribing or proscribing certain conduct by formal legal means. If its purpose is to ensure that people act morally or become better persons, we call this “moral dirigisme.” Our thesis is that the need to use decentralized knowledge to determine the moral status of an act makes the task of the moral dirigiste well-neigh impossible. The …
Financial Crisis In Turkey, Political Economy Papers: 53, Madrid, Gary S. Sander
Financial Crisis In Turkey, Political Economy Papers: 53, Madrid, Gary S. Sander
Gary S Sander
In the last decade the Turkish economy was hit by two crises. This paper we will discus answers these questions. What are the causes of the 1994 and 2001 crisis? Could the financial crisis have been avoided? What are the lessons that can be drawn from these crises?
The View From The West Bank, Warren Coats
The View From The West Bank, Warren Coats
Warren Coats
Today's failure to resolve the Israeli Palestinian conflict/relationship is put in historical context.
Unraveling Of Dynamic Sorting, Ettore Domiano, Hao Li, Wing Suen
Unraveling Of Dynamic Sorting, Ettore Domiano, Hao Li, Wing Suen
hao li
We consider a two-sided, finite-horizon model of search and matching with heterogeneous types and complementarity between types. The quality of the pool of potential matches deteriorates as agents who have found mutually agreeable matches exit the market. With automatic participation of all agents in each round, the market performs a sorting function in that attractive types of agents have multiple chances to meet and match with their peers. However, the sorting function of the market is lost if agents incur an arbitrarily small cost in order to participate in each round. The market unravels as almost all agents rush to …
The Economic Costs Of The War In Iraq, Scott J. Wallsten, Katrina Kosec
The Economic Costs Of The War In Iraq, Scott J. Wallsten, Katrina Kosec
Scott J. Wallsten
No abstract provided.
Transport And Sustainable Development: Impact Of The Systems Of Population Mobility And Goods On The Ecological Footprint In Galicia (Spain), Fernando González-Laxe, Federico Martín Palmero, Fernanda Miguélez Pose
Transport And Sustainable Development: Impact Of The Systems Of Population Mobility And Goods On The Ecological Footprint In Galicia (Spain), Fernando González-Laxe, Federico Martín Palmero, Fernanda Miguélez Pose
Fernando González-Laxe
No abstract provided.
A Capacity Market That Makes Sense, Peter Cramton, Steven Stoft
A Capacity Market That Makes Sense, Peter Cramton, Steven Stoft
Peter Cramton
We argue that a capacity market is needed in most restructured electricity markets, and present a design that avoids problems found in the early capacity markets. The proposed market only rewards capacity that contributes to reliability as demonstrated by its performance during hours in which there is a shortage of operating reserves. The capacity price responds to market conditions, increasing when and where capacity is scarce and decreasing to zero when and where it is sufficiently plentiful. Market power in the capacity market is addressed by basing the capacity price on actual capacity, rather than bid capacity, so generators cannot …
Fiscal Risks Indicators For The Emu Countries, Riccardo Fiorito
Fiscal Risks Indicators For The Emu Countries, Riccardo Fiorito
riccardo fiorito
Sustainable government debt reflects also the importance of non-financial assets ant the size of private wealth in a country. This matters for evaluating EMU countries and is partially reflected in the yield differentials.
Rules Of Origin In North-South Preferential Trade Arrangements With An Application To Nafta, Bolormaa Tumurchudur, Olivier Cadot, Antoni Estevadeordal, Jaime De Melo, Akiko Suwa-Eisenmann, Jose Anson
Rules Of Origin In North-South Preferential Trade Arrangements With An Application To Nafta, Bolormaa Tumurchudur, Olivier Cadot, Antoni Estevadeordal, Jaime De Melo, Akiko Suwa-Eisenmann, Jose Anson
Olivier Cadot
All PTAs short of a Customs Unions use Rules of Origin (RoO) to prevent trade deflection. RoO raise production costs and create administrative costs. This paper argues that in the case of the recent wave of North-South PTAs, the presence of RoO virtually limits the market access that these PTAs confer to the Southern partners. In the case of NAFTA, it is estimated that up to 45 % Mexico's preferential access to the US market in 2000 (estimated at 4%) was absorbed by RoO-related administrative costs with non-administrative costs for Mexican firms of about 3% US of import value. These …
Food Consumption Issues In The 21st Century, Andreas Drichoutis, Panagiotis Lazaridis
Food Consumption Issues In The 21st Century, Andreas Drichoutis, Panagiotis Lazaridis
Andreas Drichoutis
No abstract provided.
Is Europe Sick?, Robert C. Shelburne
Is Europe Sick?, Robert C. Shelburne
Robert C. Shelburne
Europe's economic performance has deteriorated continuously over the last two decades both in terms of its unemployment and its labor force participation rate; more recently its productivity has declined relative to the United States. This is due to a complex interaction between the how these welfare states are designed, the institutions created by the European Union, idiosyncratic factors resulting from linguistic differences, population dynamics and other cultural factors, and an increasing emphasis on non-economic objectives. Although structural reforms can provide a solution, it will be a long, difficult and costly process. A more successful approach involves a redesign of the …
Comments On Doc Notice Of Preliminary Results Of Countervailing Duty Review, Peter Cramton, Susan Athey
Comments On Doc Notice Of Preliminary Results Of Countervailing Duty Review, Peter Cramton, Susan Athey
Peter Cramton
US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.
Unbundling The Pollution Haven Hypothesis, M. Scott Taylor
Unbundling The Pollution Haven Hypothesis, M. Scott Taylor
M. Scott Taylor
The “Pollution Haven Hypothesis” (PHH) is one of the most contentious and hotly debated predictions in all of international economics. This paper explains the theory behind the PHH by dividing the hypothesis into a series of logical steps linking assumptions on exogenous country characteristics to predictions on trade flows and pollution levels. I then discuss recent theoretical and empirical contributions investigating the PHH to show that each contribution either questions the logical inevitability or the empirical significance of one or more steps in the pollution haven chain of logic. Suggestions for future research are also provided.
Bounded Rationality: Static Versus Dynamic Approaches, Suren Basov
Bounded Rationality: Static Versus Dynamic Approaches, Suren Basov
Suren Basov
Two kinds of theories of boundedly rational behavior are possible. Static theories focus on stationary behavior and do not include any explicit mechanism for temporal change. Dynamic theories, on the other hand, explicitly model the fine-grain adjustments made by the subjects in response to their recent experiences. The main contribution of this paper is to argue that the restrictions usually imposed on the distribution of choices in the static approach are generically not supported by a dynamic adjustment mechanism. The genericity here is understood both in the measure theoretic and in the topological sense.
Comparison Of Medicare Spending And Outcomes For Beneficiaries With Lower Extremity Joint Replacements, Melinda Beeuwkes Buntin, Partha Deb, José Escarce, Carrie Hoverman, Susan Paddock, Neeraj Sood
Comparison Of Medicare Spending And Outcomes For Beneficiaries With Lower Extremity Joint Replacements, Melinda Beeuwkes Buntin, Partha Deb, José Escarce, Carrie Hoverman, Susan Paddock, Neeraj Sood
Melinda Beeuwkes Buntin
The primary objective of this study is to conduct a set of analyses comparing costs and outcomes of lower extremity joint replacement patients discharged to three different post-acute settings: inpatient rehabilitation facilities (IRFs), skilled nursing facilities (SNFs), and patient homes. Multivariate techniques are employed in order to adjust these analyses for observable differences in severity of illness across sites of care. In doing so, multinomial models are used that predict which type of institutional post-acute care a beneficiary accesses, and these predictors are described. In addition, instrumental variables (IV) techniques are used that allow for the accounting of unobserved patient …
New Trends In Merger Analysis In Brazil And Abroad, Lucia H. Salgado
New Trends In Merger Analysis In Brazil And Abroad, Lucia H. Salgado
Lucia Helena Salgado
No abstract provided.
The Economics Of Nutritional Label Use: A Theoretical Perspective, Andreas Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.
The Economics Of Nutritional Label Use: A Theoretical Perspective, Andreas Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.
Andreas Drichoutis
No abstract provided.
Externalities And Fiscal Policy In A Lucas-Type Model, Manuel A. Gómez
Externalities And Fiscal Policy In A Lucas-Type Model, Manuel A. Gómez
Manuel A. Gómez
This paper devises a fiscal policy capable of decentralizing the optimal growth path in a Lucas-type model when average human capital has an external effect in the goods sector and average learning time has an external effect in human capital accumulation.
Missing Levite Paper, David Randall Jenkins
Missing Levite Paper, David Randall Jenkins
David Randall Jenkins
The Book of Numbers Chapters 1, 2 and 26 Twelve Tribe listings are derived from model operation and not reports of historical fact. The Numbers 3:22, 28 and 34 (7500, 8600, 6200) numerical references are Twelve Tribe encrypted missing Levite intra-triune position and census determinative methodology references.
The Bulgarian National Bank And The New Bulgaria, Warren Coats
The Bulgarian National Bank And The New Bulgaria, Warren Coats
Warren Coats
The Bulgarian National Bank (BNB) has seen many changes over its 126 years of operation. Among the most important were the “sovietisation” of the banking system in late 1947, the return to a two tier banking system in 1991, the privatization of the banks over the rest of the 1990s, the banking crisis of 1996-97 and the introduction of currency board arrangements on July 1, 1997. Each of these episodes had profound impacts on economic life in Bulgaria. As an institution, while always proud, the BNB has had its ups and downs as well. Bulgaria’s march toward a market economy …
Free Trade And Global Warming: A Trade Theory View Of The Kyoto Protocol, Appendix Proofs, M. Scott Taylor, Brian R. Copeland
Free Trade And Global Warming: A Trade Theory View Of The Kyoto Protocol, Appendix Proofs, M. Scott Taylor, Brian R. Copeland
M. Scott Taylor
No abstract provided.
Free Trade And Global Warming: A Trade Theory View Of The Kyoto Protocol, M. Scott Taylor, Brian R. Copeland
Free Trade And Global Warming: A Trade Theory View Of The Kyoto Protocol, M. Scott Taylor, Brian R. Copeland
M. Scott Taylor
This paper demonstrates how several important results in environmental economics, true under mild conditions in closed economies, are false or need serious amendment in a world with international trade in goods. Since the results we highlight have framed much of the ongoing discussion and research on the Kyoto protocol, our viewpoint from trade theory suggests a re- examination may be in order. Specifically, we demonstrate that in an open trading world, but not in a closed economy setting: (1) unilateral emission reductions by the rich North can create self- interested emission reductions by the unconstrained poor South; (2) simple rules …
Perspectives On Cis Integration, Robert C. Shelburne
Perspectives On Cis Integration, Robert C. Shelburne
Robert C. Shelburne
Comments to the United Nations ECE Spring Seminar on the state and prospects for further integration in terms of creating a free trade area or customs union in the CIS.
The Economics Of Nutritional Label Use: A Theoretical Perspective, Andreas C. Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.
The Economics Of Nutritional Label Use: A Theoretical Perspective, Andreas C. Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.
Andreas Drichoutis
In this paper we develop a theoretical model about nutritional food label use. The model is based on the model of demand for health developed by Grossman (1972a, 1972b). In our model, consumers use as inputs on their gross investment function their diet along with time inputs to influence their level of health. The comparative statics analysis of our model shows among others a healthier eating behaviour for older people. The model also predicts that a shift in the efficiency of the consumers in deriving information from nutritional labels can increase or decrease label use time. The consumption of healthy …
On Measuring The Efficiency Of The Social Security System Reforms. The Case Of Poland, Joanna Tyrowicz, Piotr Mularczyk
On Measuring The Efficiency Of The Social Security System Reforms. The Case Of Poland, Joanna Tyrowicz, Piotr Mularczyk
Joanna Tyrowicz
As other European countries, transition economies face the reform of the social security system. As one of the first, Poland has introduced a pension reform in 1999, which changed a standard pay-as-you-go system into a one constructed of three pillars and based on addressed contributions. The five years from the reform allow to take a first look at the reform, both in terms of assessing the legal implementation as well as the realization of main assumptions and aims. In this paper we consider the effectiveness of the reform. We find that in many aspects this reform should not be considered …
Optimizing Clinical Management Of Febrile Respiratory Illnesses During A Sars Outbreak In Respiratory Season, Kamran Khan, Peter Muennig, Michael Gardam, Joshua Graff Zivin
Optimizing Clinical Management Of Febrile Respiratory Illnesses During A Sars Outbreak In Respiratory Season, Kamran Khan, Peter Muennig, Michael Gardam, Joshua Graff Zivin
Joshua Graff Zivin
No abstract provided.