Showing 1 - 10 of 213
This Paper presents a survey of the literature on trade liberalization and globalization. The questions are why trade … allows for protectionist policies, and why there is opposition to the globalization of markets that has occurred as the …
Persistent link: https://www.econbiz.de/10005067625
This study examines the impact of Poland’s trade liberalization 1994-2001 on the industry wage structure. The liberalization was undertaken in preparation for Poland’s accession to the European Union and was more pronounced in industries with larger shares of unskilled labour. Our analysis...
Persistent link: https://www.econbiz.de/10005656332
welfare state. More generally, the paper develops a theory of collective beliefs and motivated cognitions, including those …
Persistent link: https://www.econbiz.de/10005504312
To generate big responses of unemployment to productivity changes, researchers have reconfigured matching models in various ways: by elevating the utility of leisure, by making wages sticky, by assuming alternating-offer wage bargaining, by introducing costly acquisition of credit, or by...
Persistent link: https://www.econbiz.de/10011201357
The welfare state can be seen as an insurance device that makes lifetime careers safer, increases risk taking and … with tax-induced risk taking and shows that constant returns to risk taking are likely to imply a paradox where more …
Persistent link: https://www.econbiz.de/10005067443
We offer a rationale for the decision to extend the franchise to women within a politico-economic model where men are richer than women, women display a higher preference for public goods, and women’s disenfranchisement carries a societal cost. We first derive the tax rate chosen by the male...
Persistent link: https://www.econbiz.de/10005067632
voting, where agents vote over income redistribution. The key feature of the theory is that the future constituency of … without a welfare state. The theory can explain why welfare state institutions, originally introduced in response to specific …
Persistent link: https://www.econbiz.de/10005656349
, cushioning people against economic risk, ensuring efficient provision of health and education services, providing social safety …
Persistent link: https://www.econbiz.de/10005661484
The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyse these interactions and their growth consequences. Five main issues are addressed. First, I...
Persistent link: https://www.econbiz.de/10005661547
, co-optation transfers are reduced. Growth causes political stabilization. The theory applies to the origin of the welfare …
Persistent link: https://www.econbiz.de/10005661795