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An enduring dynamic of the twentieth century is the dramatic expansion of global trade with increased partners, goods, frequency and volumes. Most trade explanations such as the Heckscher-Ohlin, new trade theory, gravity models, and Ricardo and Sraffa focus on how bilateral import and export...
Persistent link: https://www.econbiz.de/10010952376
Technical, environment, social, economic and political constraints are critical barriers to the development of new renewable energy supplies. SEMPro is an agent-based, predictive analytics model of energy siting policy in the techno-social space that simulates how competing interests shape...
Persistent link: https://www.econbiz.de/10010671709
Some important puzzles in macro finance can be resolved in a model featuring systematically varying volatility of unpriced shocks to firms׳ earnings. In the data, the correlation between corporate debt and stock market valuations is low. The model accounts for this via the opposing effect of...
Persistent link: https://www.econbiz.de/10011039237
Social exclusion has been shown to produce a number of different responses. This research examines the proposition that social exclusion may produce either self-focused or prosocial responses, depending on which needs are threatened. Different types of social exclusion threaten different needs,...
Persistent link: https://www.econbiz.de/10010579042
Reform programs sometimes falter because they are politically infeasible. Policy change inevitably creates winners and losers, so those with vested interests strike bargains to determine how far and how quickly reform should advance. Understanding these micro political dynamics of reform can...
Persistent link: https://www.econbiz.de/10008496531