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Are optimistic expectations keeping the Chinese happy?

Frijters, Paul; Liu, Amy Y.C.; Meng, Xin - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 159-171

In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …

Persistent link: https://www.econbiz.de/10010597452

Political Economy of Electricity Subsidy: Evidence from Punjab

Jain, Varinder - Volkswirtschaftliche Fakultät, … - 2006

The electricity subsidy distribution pattern needs to be scrutinised to assess whether the policy benefits small producers, a normative argument often made while granting any input subsidy. In Punjab, this policy is found to ignore equity considerations while granting non-discriminatory...

Persistent link: https://www.econbiz.de/10005836201

Value and Crisis Theory in the 'Great Recession'

Desai, Radhika; Freeman, Alan - Volkswirtschaftliche Fakultät, … - 2011

This is a prepublication version of an article which appeared in the World Review of Political Economy. Please cite as Desai, R. and A. Freeman. 2001. ‘Value and Crisis Theory in the “Great Recession”’. World Review of Political Economy. Vol 2 No. 1, Spring 2011. Pp 35-47. This article...

Persistent link: https://www.econbiz.de/10011258893

The costs of conflict

Smith, Adam C.; Houser, Daniel; Leeson, Peter T.; … - In: Journal of Economic Behavior & Organization 97 (2014) C, pp. 61-71

Violent conflict destroys resources. It generates “destruction costs.” These costs have an important effect on individuals’ decisions to cooperate or conflict. We develop two models of conflict: one in which conflict's destruction costs are independent of individuals’ investments in...

Persistent link: https://www.econbiz.de/10011048222

Institutional changes: Alternative theories and consequences for institutional design

Brousseau, Eric; Garrouste, Pierre; Raynaud, Emmanuel - In: Journal of Economic Behavior & Organization 79 (2011) 1, pp. 3-19

equilibria that are self-enforcing (in terms of mutual expectations about others’ behaviors) can collapse and so induce switching …

Persistent link: https://www.econbiz.de/10011048228

Napoleoni: oltre lo stereotipo

Cavalieri, Duccio - Volkswirtschaftliche Fakultät, … - 1993

The article is concerned with the critical assessment of the theoretical work of the late Italian economist Claudio Napoleoni (1924-1988). The author reviews some recent works on the subject and underlines his points of consent and dissent from them. The latter relate with the interpretation of...

Persistent link: https://www.econbiz.de/10011109912

Education and social returns an optimal policy

Jellal, Mohamed; Bouzahzah, Mohamed - Volkswirtschaftliche Fakultät, … - 2012

his paper is a direct extension of the paper of Jones (2007). This author presents a simple Mincerian approach to endogenizing schooling time in market economy. His specification is closest to that in Mincer (1958) which does not take into account of social benefits of education. Our short note...

Persistent link: https://www.econbiz.de/10011111594

The performance of four possible rules for selecting the Prime Minister after the Dutch Parliamentary elections of September 2012

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2013

Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...

Persistent link: https://www.econbiz.de/10011112692

Education private and social returns an optimal taxation policy

Jellal, Mohamed - Volkswirtschaftliche Fakultät, … - 2014

This paper is a direct extension of the paper of Jones (2007). This author presents a simple Mincerian approach to endogenizing schooling time in market economy. His specification is closest to that in Mincer (1958) which does not take into account the social benefits of education. Our note...

Persistent link: https://www.econbiz.de/10011113456

Comparative Studies on Cooperative Stochastic Differential Game and Dynamic Sequential Game of Economic Maturity

Dai, Darong - Volkswirtschaftliche Fakultät, … - 2012

In the paper, we are encouraged to investigate the effect of game structure imposed on the minimum-time needed to economic maturity in a dynamic macroeconomic model. Indeed, we have established a basic framework for the comparative study of the cooperative stochastic differential game and...

Persistent link: https://www.econbiz.de/10011113592