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... on oil discoveries in Uganda and their expected impact on government revenues. We analyze alternative spending policies of natural resource revenues using a calibrated dynamic, stochastic, general equilibrium model (DSGE). We use detailed publicly-available information on the upstream oil sector and ...
... on oil discoveries in Uganda and their expected impact on government revenues. We analyze alternative spending policies of natural resource revenues using a calibrated dynamic, stochastic, general equilibrium model (DSGE). We use detailed publicly-available information on the upstream oil sector and ...
Employment and Output Dynamics in a Model with Social Interactions in
... degree of discomfort due to their preference for higher leisure, if the employment in the society increases following an expansion.6 Alternatively, following Stutzer and Lalive (2004), the unemployed people in regions with stronger social norms for work have a more intensive job search and a higher ...
... degree of discomfort due to their preference for higher leisure, if the employment in the society increases following an expansion.6 Alternatively, following Stutzer and Lalive (2004), the unemployed people in regions with stronger social norms for work have a more intensive job search and a higher ...
Social Theory of International Politics, Chapters 3 and 4
... variables, which suggest that desires do not depend on beliefs and are therefore material. (finally, they usually do not ask where interests come from). Wendt’s argument5 is that desire is not separate from belief but constituted by it. Desire (interest) indeed has both a cognitive and a deliberativ ...
... variables, which suggest that desires do not depend on beliefs and are therefore material. (finally, they usually do not ask where interests come from). Wendt’s argument5 is that desire is not separate from belief but constituted by it. Desire (interest) indeed has both a cognitive and a deliberativ ...
Title Marx`s Theory of Money and Monetary Production Economy
... industrial capital, money (M) may be advanced to purchase commodities (C) comprised of means of production (Pm) and labor power (Lp), those elements being employed in the production process (…P…), and then the resultant product (Cῌ) may be sold for more money (Mῌ) including profits. The real capitali ...
... industrial capital, money (M) may be advanced to purchase commodities (C) comprised of means of production (Pm) and labor power (Lp), those elements being employed in the production process (…P…), and then the resultant product (Cῌ) may be sold for more money (Mῌ) including profits. The real capitali ...
Education for sustainable development and the creation of
... terms of age, gender, economic grouping, class, religion, occupation/professions and others) in their particular locations, responding to their varied needs, interests and challenges. In essence, this constitutes EfSD which by implication should be critical and transformative with the capacity to en ...
... terms of age, gender, economic grouping, class, religion, occupation/professions and others) in their particular locations, responding to their varied needs, interests and challenges. In essence, this constitutes EfSD which by implication should be critical and transformative with the capacity to en ...
05.Solutions to Exercises 2015
... However, a higher return also raises the cost of current consumption because every unit of current consumption now means more units of future consumption are forgone. The increased cost causes households to substitute away from the relative more expensive current consumption in favor of the relative ...
... However, a higher return also raises the cost of current consumption because every unit of current consumption now means more units of future consumption are forgone. The increased cost causes households to substitute away from the relative more expensive current consumption in favor of the relative ...
The structural transformation process
... industries, and branches is essential in very heterogeneous sectors such as industry and services, but loses importance in the agricultural sector, which is characterized by more homogenous productivity levels. ...
... industries, and branches is essential in very heterogeneous sectors such as industry and services, but loses importance in the agricultural sector, which is characterized by more homogenous productivity levels. ...
Well-being of Europe and Non-Europe
... in dollars-and-cents terms. But in economics, as in life, money is only a means to other ends. The measure that economists really care about is not money but people’s happiness or welfare».4 However, the situation is quite different from what was described by Krugman: the main goal of economic polic ...
... in dollars-and-cents terms. But in economics, as in life, money is only a means to other ends. The measure that economists really care about is not money but people’s happiness or welfare».4 However, the situation is quite different from what was described by Krugman: the main goal of economic polic ...