We consider optional TOU (time-of-use) pricing for residential consumers as an alternative to a single TOU or flat rate structure offered by a publicly regulated electricity supplier. A general equilibrium model is developed and used to explore and quantify the effects of optional pricing on...

A shift in population distribution toward older ages is underway in industrialised countries throughout the world and will continue well into the future. We provide a framework for isolating the pure effects of population aging on per capita GDP, employ the framework in calculations for twenty...

We consider optional TOU (time-of-use) pricing for residential consumers as an alternative to a single TOU or flat rate structure offered by a publicly regulated electricity supplier. A general equilibrium model is developed and used to explore and quantify the effects of optional pricing on...

A shift in population distribution toward older ages is underway in industrialised countries throughout the world and will continue well into the future. We provide a framework for isolating the pure effects of population aging on per capita GDP, employ the framework in calculations for twenty...

Immigrants can mix with the population of a receiving country in various ways. We consider demographic mixing by which we mean cross-mating, and more particularly the bearing of children where one parent is of immigrant descent and the other is not - cross-parenting as we term it. We consider a...

Immigrants can mix with the population of a receiving country in various ways. We consider demographic mixing by which we mean cross-mating, and more particularly the bearing of children where one parent is of immigrant descent and the other is not – cross-parenting as we term it. We consider...

For the Taiwan-born male and female wage earners in America and Canada, this paper attempts to find their wage gaps between the two host countries and to explain the wage gaps by three factors (educational attainment, the age at entering the host country, and the recency of the entry) in the...

Policy analysis frequently requires estimates of aggregate (or mean) consumer elasticities. However, estimates are often made incorrectly, based on elasticity calculations at mean income. We provide in this paper an overall integrated analytical framework that encompasses these biases and...

Immigration is a possible instrument for offsetting longer-run adverse effects of population aging on per capita income. Our "laboratory" is a fictional country Alpha to which we assign demographic characteristics typical of a country experiencing population aging. Simulations indicate that a...

Policy analysis frequently requires estimates of aggregate (or mean) consumer elasticities. However, estimates are often made incorrectly, based on elasticity calculations at mean income. We provide in this paper an overall integrated analytical framework that encompasses these biases and...