共查询到20条相似文献,搜索用时 171 毫秒
1.
Non-traded Goods,Technical Progress and Wages 总被引:2,自引:0,他引:2
We use a general equilibrium model of trade to show that technical improvement may indeed cause a fall in the wages of unskilled
workers. Under some modest conditions, the wages of skilled workers may go down too.
相似文献
Reza OladiEmail: |
2.
Larry L. Lawson 《Atlantic Economic Journal》2007,35(1):23-31
This article examines the relative costs and benefits associated with experience-based higher education in comparison to traditional
lecture-based courses. The spreading of fixed costs that has been heavily relied upon in recent years to slow the accelerating
cost of a college education is more difficult to accomplish with experience-based courses. In addition, certain intellectual
capital costs must be invested in the transition to a curriculum balanced by adequate opportunities for experiential learning.
The benefits of the latter, however, are also high, perhaps disproportionately so. After reviewing the evidence regarding
the benefits that accrue to students, colleges, and communities, it is concluded that economic analysis supports the inclusion
of experiential education in most baccalaureate programs. Further empirical work is needed to educate decision-makers and
the public about the tradeoffs involved.
相似文献
Larry L. LawsonEmail: |
3.
Policy coordination in East Asia and across the Pacific 总被引:1,自引:1,他引:0
In this paper, we construct a macro-econometric model that describes the economic activity in the Asia-Pacific area and provide
quantitative insights into the recent policy debates on monetary and currency coordination among the East Asian economies.
The model includes a wide variety of monetary and currency policy rules that the East Asian economies adopt and allows for
one country's policymaking to have substantial effects on foreign countries. We apply the model to three current policy issues:
(1) the desirability of currency basket pegs in East Asia, (2) the anticipated effects of China's currency policy reform,
and (3) the non-negativity constraint on Japanese nominal interest rates. The simulation analyses show the external economy
effects of policy rules quantitatively and suggest the difficulty of monetary and currency policy coordination among the East
Asian economies.
相似文献
Koichiro Kamada (Corresponding author)Email: |
Izumi TakagawaEmail: |
4.
James Peoples 《The Review of Black Political Economy》2009,36(1):1-6
Efforts by public and private institutions to increase the number of minorities participating in graduate economics programs
has contributed to a growing supply of Ph. D. trained minority economists. However, minorities are still under-represented
as faculty members in economics departments. This presidential address explores whether the concentration of minorities in
a few fields of specialization creates a demand-supply mismatch for these individuals.
相似文献
James PeoplesEmail: |
5.
The purpose in this note is first to review briefly the empirical results on the relationship between real interest rates
and real exchange rates; this empirical literature provides little support for the hypothesis of Roll that expected real interest
rates are equal in general. Our second aim is to discuss the theoretical conditions that have to be met for his hypothesis
to hold.
相似文献
David PeelEmail: |
6.
Peer Effects and Cigarette Use Among College Students 总被引:1,自引:0,他引:1
Jeffrey Wilson 《Atlantic Economic Journal》2007,35(2):233-247
This study adds to the collegiate substance use literature by measuring the magnitude of peer effects upon individual cigarette
use. The study employs data from the 2001 Harvard School of Health College Alcohol Survey to construct this peer effect measure
and to study the effect of other variables upon a university student’s decision to smoke. The main finding of this paper is
that moving a student from a university where no students smoke to an institution where 25 percent of the population smokes
increases that student’s probability of smoking by 10.71 percent. The results of this paper suggest the potential for universities
to institute student-led, anti-smoking organizations.
相似文献
Jeffrey WilsonEmail: |
7.
This paper analyzes the relative time allocation decisions of individuals who volunteer time to a religious institution. The
most important factor influencing the amount of time spent in church ministry relative to other non-market activities is educational
attainment. In general, religious volunteers who are college-educated are significantly more likely to spend relatively more
time working in church ministry than devoting time to family responsibilities, engaging in spiritual practices, or volunteering
time to civic/community organizations. The presence of school-aged children tends to diminish the relative amount of time
spent volunteering in church ministry. The findings of this study suggest church ministry perceived as being child-friendly
or strengthening one’s spirituality is more likely to attract relatively greater time commitments from its volunteers.
相似文献
Charles ZechEmail: |
8.
In this paper, we re-examine the “PPP Puzzle” using sectoral disaggregated data. Specifically, we first analyse the mean reversion
speeds of real exchange rates for a number of different sectors in 11 industrial economies and then focus on relating these
rates to variables identified in the literature as key determinants of CPI-based real exchange rates, namely: the trade balance, productivity and the mark up. In particular, we seek to understand to what extent the relationships existing at the aggregate level are borne out at the
disaggregate level. We believe that this analysis can help shed light on the PPP puzzle.
相似文献
Ronald MacDonaldEmail: |
9.
In this paper, we assess the performance of the BEA series “value of motor vehicle output” as an indicator of the business
cycle over the period 1968–2007. We statistically assess the causal relationship between real motor vehicle output (RMVO)
and real gross domestic product (RGDP). This is accomplished by standard estimation and statistical methods used to assess
vector autoregressive models. This assessment represents the initial results of a more encompassing research project, the
intent of which is to determine the dynamic interaction of the transport sector with the overall economy. It’s a start to
a more comprehensive assessment of how transport and economic activity interrelate.
相似文献
David A. PoyerEmail: |
10.
Within a two-sector-two-country model of trade with aggregate scale economies and unionisation, a more generous welfare state
in one country increases welfare in that country and can have positive spillover effects on the other. Furthermore, synchronised
expansions of social security are more welfare enhancing than unilateral ones. Our results counter the fears that a race to
the bottom in social standards may result from the ‘shrinking-tax-base’ entailed by international capital mobility. While
affecting trade patterns and income distribution, capital mobility interacts with welfare state policies in increasing welfare,
even when capital flows out of the country that initiates the shock.
相似文献
Catia MontagnaEmail: |
11.
Caroline Schmidt 《Open Economies Review》2007,18(3):347-367
In this paper, it is argued that the observed high positive correlation between national savings and investment which is found
in the data can in part be explained by shocks to monetary policy. This hypothesis, which is established by reviewing some
empirical findings, is tested in a two-country DSGE-model framework in the tradition of the New Open Economy Macroeconomics.
The simulation results obtained support the idea that shocks to monetary policy might contribute to the explanation of the
Feldstein-Horioka puzzle.
相似文献
Caroline SchmidtEmail: |
12.
Arslan Razmi 《Review of World Economics》2009,145(2):361-372
Using simple, modified versions of the factor proportions framework, and focusing on structural features within developing economies, this paper attempts to reconcile puzzling developments observed in many post-reform, post-liberalization
countries whereby increasing income inequality has emerged side-by-side with informalization of the economy. Measures undertaken
to enhance public sector efficiency and attract investment in an import-intensive export sector may increase rental–wage and
skilled–unskilled wage gaps, contra the predictions of the simple Heckscher–Ohlin–Stolper–Samuelson (HOSS) framework regarding
skill- and capital-scarce countries. The common thread generating our interesting results is the presence of sectors that
are even more labor-intensive than those producing traded goods.
相似文献
Arslan RazmiEmail: |
13.
We present an analysis of the determinants of de jure and de facto exchange rate regimes based on a panel probit model with
simultaneous equations. The model is estimated using simulation-based maximum likelihood methods. The empirical results suggest
a triangular structure of the model such that the choice of de facto regimes depends on the choice of de jure regimes but
not vice versa. This gives rise to a novel interpretation of regime discrepancies.
相似文献
Jizhong ZhouEmail: |
14.
Maxim L. Pinkovskiy 《Atlantic Economic Journal》2009,37(1):99-112
We propose a model of stochastic choice in which the error term is derived from a maximizing framework in which it is costly
for agents to make decisions optimally. We argue that the model has testable implications, and is closely related to other
models used in the literature on choice under risk. We test this model over experimental data, replicate some conclusions
of the existing literature, and show our model to perform well against models in the field in current use.
相似文献
Maxim L. PinkovskiyEmail: |
15.
Do Patent Protection and Technology Transfer Facilitate R&D in Developed and Emerging Countries? A Semiparametric Study 总被引:1,自引:0,他引:1
This paper examines if patent protection and technology transfer facilitate R&D in a sample that includes both developed and
emerging countries. A semiparametric model is used to estimate the relevant parameters using country level data from 21 countries,
of which six are emerging, for the period 1981–1997. The results suggest thresholds in patent protection and technology transfer:
patent protection has a positive effect which weakens at high levels of protection, and FDI has a positive effect only if
the country depends heavily on FDI.
相似文献
Debasri MukherjeeEmail: |
16.
Gregory N. Price 《The Review of Black Political Economy》2008,35(1):1-12
Economists who publish research in the economics and political economy of race seem averse to citing similar research by black
economists. As citations are an important determinant of success as a research economist, black economists can possibly offset
the aversion of non-black economists in citing black economists, by citing black economists themselves. This NEA Presidential
address considers the relevance of black economist citations, and evaluates the extent to which black economists cite other
black economists.
相似文献
Gregory N. PriceEmail: |
17.
Ricardo Coelho de Faria Raul Yukiro Matsuhita Jorge Madeira Nogueira Benjamin Miranda Tabak 《Atlantic Economic Journal》2007,35(4):451-462
This paper shows that we can improve the statistical efficiency of dichotomous choice contingent valuation surveys by asking
a second open question (anchored open-ended approach) instead of the traditional double-bounded approach. The former approach
is shown to be more efficient than conventional single and double-bounded approaches using a Monte Carlo experiment, even
when we allow for strategic behavior from respondents such as protest votes and yea-saying behavior.
相似文献
Benjamin Miranda Tabak (Corresponding author)Email: |
18.
In a recent article Robert P. Murphy (2006) uses Cantor’s diagonal argument to prove that market socialism could not function,
since it would be impossible for the Central Planning Board to complete a list containing all conceivable goods (or prices
for them). In the present paper we argue that Murphy is not only wrong in claiming that the number of goods included in the
list should be uncountable, but also that the number of equations/prices is irrelevant from the point of view of market socialism.
相似文献
Juliusz JabłeckiEmail: |
19.
This study examines whether privatization is associated with low public sector health care wages and with low probability
of public sector employment for health care providers. Findings suggest that privatization contributes significantly to low
wages of union health care providers in the public sector. Privatization also contributes to a low probability of public sector
employment in this industry, especially to unionized workers. These results indicate that competition enhancing policy can
promote lower labor costs even in a service sector that employs a highly skilled work force.
相似文献
James PeoplesEmail: |
20.
Kazuhiro Ohnishi 《International Economics and Economic Policy》2008,4(4):421-432
This paper examines an international mixed model in which a social-welfare-maximizing domestic public firm competes against
a profit-maximizing foreign private firm. First, the public firm can adopt either a lifetime employment contract or a wage-rise
contract as strategic commitments. Second, the foreign private firm decides whether or not to enter the market. Third, if
the foreign private firm enters, each firm independently chooses its actual output, while if the foreign private firm does
not enter, the public firm acts as a monopolist. The paper shows the equilibrium of the international mixed model.
相似文献
Kazuhiro OhnishiEmail: |