Cours 6 - Solvay Brussels School
... A critique of the IMF approach (7) The effects of stabilisation programmes A main methodological problem of testing the effects of an IMF programme is to what compare the observed situation. Four approaches may be used : • “Before and after”. The problem is here that the economic environment has ...
... A critique of the IMF approach (7) The effects of stabilisation programmes A main methodological problem of testing the effects of an IMF programme is to what compare the observed situation. Four approaches may be used : • “Before and after”. The problem is here that the economic environment has ...
Other-Regarding Preferences in General Equilibrium - U
... As separability is necessary and sufficient, we characterize completely the kind of ORP that do not affect market behaviour. It is thus possible to compare the outcomes of a general-equilibrium model with ORP to those of a classical model in which each agent maximizes a utility function that depends ...
... As separability is necessary and sufficient, we characterize completely the kind of ORP that do not affect market behaviour. It is thus possible to compare the outcomes of a general-equilibrium model with ORP to those of a classical model in which each agent maximizes a utility function that depends ...
BRICS` characteristics and influence
... Italy, Japan, UK, USA and Canada) towards the developing world. On April 13, 2011 the "S" was formally added to BRIC to form BRICS after the admission of South Africa into the union. ...
... Italy, Japan, UK, USA and Canada) towards the developing world. On April 13, 2011 the "S" was formally added to BRIC to form BRICS after the admission of South Africa into the union. ...
NBER WORKING PAPER SERIES GLOBALLY CORRELATED NOMINAL FLUCTUATIONS Espen Henriksen Finn E. Kydland
... component (Ciccarelli and Mojon, 2010; Mumtaz and Surico, forthcoming; Neely and Rapach, 2008). Put simply, in the last half a century or so movements in inflation rates have been highly synchronized across countries. A large literature has also established existence of the ‘world business cycle’—re ...
... component (Ciccarelli and Mojon, 2010; Mumtaz and Surico, forthcoming; Neely and Rapach, 2008). Put simply, in the last half a century or so movements in inflation rates have been highly synchronized across countries. A large literature has also established existence of the ‘world business cycle’—re ...
Eduard Bernstein, The Preconditions of Socialism
... might, after all, be achieved by legislation and peaceful reform. At the Erfurt Conference, held in the autumn of 1891, the leadership of the party managed to stave off the assaults from both left and right. The new party programme which the conference eventually accepted had been drafted mainly by ...
... might, after all, be achieved by legislation and peaceful reform. At the Erfurt Conference, held in the autumn of 1891, the leadership of the party managed to stave off the assaults from both left and right. The new party programme which the conference eventually accepted had been drafted mainly by ...
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... important tests of the complex political and economic integration across North and South America, given the fact that in no other geographically contiguous area of the world do we see such large disparities in sizes and levels of development among countries, coupled with such intense patterns of tra ...
... important tests of the complex political and economic integration across North and South America, given the fact that in no other geographically contiguous area of the world do we see such large disparities in sizes and levels of development among countries, coupled with such intense patterns of tra ...
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... as a significant factor that influencing foreign investments in the United States. Unpredictability in the political, legal, and institutional environments was also cited a major determinant of foreign investment in China. Sustainability issues are also mentioned to be important determinants in inve ...
... as a significant factor that influencing foreign investments in the United States. Unpredictability in the political, legal, and institutional environments was also cited a major determinant of foreign investment in China. Sustainability issues are also mentioned to be important determinants in inve ...
Three simple models of social capital and economic growth
... capital’. The two forms of social capital are often complementary. For example, cooperation between parents who are neighbors are based on a cognitive bond, and may also be reflected in a formal structural arrangement if they are both deeply involved in the parents–teachers association of the local ...
... capital’. The two forms of social capital are often complementary. For example, cooperation between parents who are neighbors are based on a cognitive bond, and may also be reflected in a formal structural arrangement if they are both deeply involved in the parents–teachers association of the local ...
PDF - La Follette School of Public Affairs
... trading countries are more similar in GDP and more symmetric in production structure—is supported by the data for both OECD and non-OECD countries, not only for the differentiatedsector trade but also for aggregate trade. Therefore, in terms of the relationship between the volume of trade and the si ...
... trading countries are more similar in GDP and more symmetric in production structure—is supported by the data for both OECD and non-OECD countries, not only for the differentiatedsector trade but also for aggregate trade. Therefore, in terms of the relationship between the volume of trade and the si ...
The Informal Sector: What Is It, Do We Measure It? CHAPTER 1
... diverges substantially from the ideal, or employing other “nonformal” ways of solving social problems and market failures, may not perceive the informal-formal dichotomy as quite so sharp. At a meta level, it may be argued that the underperformance of Latin American states along these dimensions par ...
... diverges substantially from the ideal, or employing other “nonformal” ways of solving social problems and market failures, may not perceive the informal-formal dichotomy as quite so sharp. At a meta level, it may be argued that the underperformance of Latin American states along these dimensions par ...
Regression Analysis and the Philosophy of Social Sciences --
... unnecessarily subscribe herself to the problems of empiricism: the demand of operational definitions, the assumption of a world ruled by laws, insufficient place for agency, lack of sensitivity to the problems of interpretation, and a limited place for emancipatory practice. In this paper, I argue f ...
... unnecessarily subscribe herself to the problems of empiricism: the demand of operational definitions, the assumption of a world ruled by laws, insufficient place for agency, lack of sensitivity to the problems of interpretation, and a limited place for emancipatory practice. In this paper, I argue f ...
The Venture Capital Fund - Inter
... However, in terms of exports, the region represents only 4.7% of the world's exports, slightly more than half its pro rata share. Given the wealth in natural resources the region should be a major exporter, not only of those resources, but also of their derivative manufactured goods. Similarly, in t ...
... However, in terms of exports, the region represents only 4.7% of the world's exports, slightly more than half its pro rata share. Given the wealth in natural resources the region should be a major exporter, not only of those resources, but also of their derivative manufactured goods. Similarly, in t ...
