Showing 1 - 10 of 574
This paper is a contribution to a series of seminars in honour of the late Ronald Henderson. The author was asked to address the question of how the national interest, possible loss of national sovereignty can be addressed within the market framework and whether there are reasons for concern...
Persistent link: https://www.econbiz.de/10004971421
This paper explores to what extent the magnitude and speed of the contagion effects that materialized in East Asia in the second half of 1997 may have had "real" underpinnings, in the sense that the pattern of production, consumption and trade increased the vulnerability of East Asian countries...
Persistent link: https://www.econbiz.de/10005661909
This paper considers fiscal policy coordination in a European Economic and Monetary Union (EMU). We use an overlapping generations model which leads to departures from Barro-Ricardian neutrality. In our calibrated model, however, we find these departures to be rather small. Two models are...
Persistent link: https://www.econbiz.de/10005662412
Both Russia and the EU are undertaking significant changes in foreign trade relations. Russia seeks WTO accession and … relationship can EU and Russia develop? The Paper analyses the asymmetric trade structure, the unstable and confused trade relation …, as well as both form and content of EU’s and Russia’s options for the future. Conclusions are e.g. that (i) present EU …
Persistent link: https://www.econbiz.de/10005667019
Soviet Republics of Russia and Ukraine. Exploiting annual manufacturing census data from 1985 to 2000, we find that Soviet … reforming Russia than in ‘gradualist’ Ukraine, as did the estimated effects of privatization and competitive pressures from … Russia displayed job flow behaviour quite different from market economies, with very low rates of job reallocation that bear …
Persistent link: https://www.econbiz.de/10005123720
Using a unique dataset, we present evidence on income trajectories of people living in micro neighbourhoods. We place bounds on the influence of neighbourhood making as few parametric assumptions as possible. The Paper offers a number of advances. We exploit a dataset that is large,...
Persistent link: https://www.econbiz.de/10005504473
The relative costs of taking employment or receiving welfare are usually understood through comparisons of a person’s social security entitlements and their wage alternative, known as replacement rates. In some situations it appears that the additional income from working is negligible, and...
Persistent link: https://www.econbiz.de/10004967998
(we first review experience in Central and Eastern Europe). We focus on the case of Russia, and simulate a simple scheme …
Persistent link: https://www.econbiz.de/10005656318
This Paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a limited cognitive ability. People compute the costs and benefits of entering a transaction with an error. The government knows the distribution of true costs and benefits as well...
Persistent link: https://www.econbiz.de/10005662402
This paper analyses differences in welfare utilization between immigrants and natives in Sweden using a large panel data set, LINDA, for the years 1990 to 1996. Both welfare expenditures and immigration increased substantially in Sweden in the 1990's. We find that immigrants use welfare to a...
Persistent link: https://www.econbiz.de/10005666675