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The chaotic economic growth model : China

Jablanovic, Vesna D. - In: Advances in management & applied economics 3 (2013) 4, pp. 89-94

Chaos theory reveals structure in aperiodic, dynamic systems. The number of nonlinear business cycle models use chaos theory to explain complex motion of the economy. The basic aim of this paper is to provide a relatively simple chaotic economic growth model that is capable of generating stable...

Persistent link: https://www.econbiz.de/10010148057

Comercio, tipo de cambio real y crecimiento económico

Casares, Enrique R. - In: Estudios de economía 34 (2007) 1, pp. 21-35

We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade liberalization must be followed by a depreciation of the real...

Persistent link: https://www.econbiz.de/10009959078

The welfare cost of external habits : a quantitative assessment

Gómez, Manuel A. - In: Estudios de economía 37 (2010) 1, pp. 5-26

This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...

Persistent link: https://www.econbiz.de/10009959110

Participation, growth and social poverty : social capital in a homogeneous society

Antoci, Angelo; Sacco, Pier Luigi; Vanin, Paolo - In: The open economics journal 1 (2008), pp. 1-13

We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to...

Persistent link: https://www.econbiz.de/10010080116

Recycling of waste and downgrading of secondary resources in a classical type of production model

Hosoda, Eiji B - In: Journal of economic structures : JES; the official … 1 (2012), pp. 1-232

This paper analyses recycling of waste and downgrading of secondary resources using a classical type of production model represented by a Sraffian model. Residuals emitted as waste by households and secondary resources obtained by recycling of waste are negatively or positively priced, depending...

Persistent link: https://www.econbiz.de/10010081825

The New Keynesian Phillips Curve in an inflation targeting country : the case of Turkey

Gozgor, Giray - In: International journal of economic sciences and applied … 6 (2013) 1, pp. 7-18

The possible short-run trade-off between the inflation (gap) and the output (gap) remains a critical policy issue for any emerging economy; particularly when an implicit or an explicit inflation targeting monetary policy is considered. The New Keynesian Phillips Curve (NKPC) has recently set up...

Persistent link: https://www.econbiz.de/10010160677

Who bears labour taxes and social contributions? : a meta-analysis

Melguizo, Ángel; González-Páramo, José Manuel - In: SERIEs : Journal of the Spanish Economic Association 4 (2013) 3, pp. 247-271

In this paper we apply the meta-regression technique to survey the empirical literature on the economic incidence of labour taxes and social security contributions. In particular, we focus on the effects of taxation on wages to test the conventional view that employees bear the burden due to...

Persistent link: https://www.econbiz.de/10010160829

Job security and the age-composition of employment : evidence from Chile

Pagés, Carmen; Montenegro, Claudio E. - In: Estudios de economía 34 (2007) 2, pp. 109-139

on overall aggregate employment, participation or unemployment rates. -- job security ; employment composition …

Persistent link: https://www.econbiz.de/10009959084

Empirical analysis of employment and foreign direct investment in Malaysia : an ARDL bounds testing approach to cointegration

Pinn, Stan Lee Shun; Ching, Kok Sook; Kogid, Mori; … - In: Advances in management & applied economics 1 (2011) 3, pp. 77-91

This study examines the relationships between the employment and foreign direct investment (FDI) in Malaysia. The Malaysian government continues to put efforts in attracting more FDI inflows as it seems that FDI plays a major role in the economic development of Malaysia. Besides, there is...

Persistent link: https://www.econbiz.de/10010009045

Wage and occupational assimilation by skill level : migration policy lessons from Spain

Rodríguez-Planas, Núria - In: IZA Journal of European Labor Studies 1 (2012), pp. 1-24

dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries …. -- unemployment dynamics ; structural multi-equation models ; chain reaction theory ; simulations ; PIGS …

Persistent link: https://www.econbiz.de/10010118876