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Algeria’s Political Economy (1999-2002): an Economic Solution to the Crisis?

Martín, Iván - EconWPA - 2004

deactivating the risk of social instability that haunts the country: the issue of employment, the creation of a free trade area …

Persistent link: https://www.econbiz.de/10005556028

COORDINATION, COOPERATION, AND THE EXTENDED COASEAN APPROACH TO ECONOMIC POLICY

Chilosi, Alberto - EconWPA - 2003

The Coasean way to deal with the cooperation failure that is implicit in Pareto inefficiency is to remove or lessen the obstacles to cooperation through the attribution of property rights and the elimination or reduction of transaction costs. The relevance of this approach is however undermined...

Persistent link: https://www.econbiz.de/10005560990

THE ‘PURE SCIENCE’ APPROACH TO ECONOMICS AND MONETARY POLICY

Salvary, Stanley C. W. - EconWPA - 2005

Perceptions of money do influence monetary policy, and monetary policy does have an impact on the functioning of the economy. For instance, a high interest rate policy usually entails high levels of bankruptcies and unemployment. Also, given a loss of confidence in the issuing authority...

Persistent link: https://www.econbiz.de/10005561103

Helping thy neighbour: productivity, welfare and international trade

Nahuis, Niek; Geurts, Ben - EconWPA - 2004

countries benefit from the lower prices due to technological innovations in exporting countries. These terms of trade effects of … productivity growth on welfare do not only exist in theory. Empirically, we find significant and large terms of trade effects. Our … overall conclusion is that once this trade perspective is taken into account, productivity is less attractive as a primary …

Persistent link: https://www.econbiz.de/10005124907

How to Make Scientists Agree - An Evolutionary Betting Mechanism

Slembeck, Tilman - EconWPA - 2000

This paper proposes an evolutionary betting mechanism that refers to scientists' academic reputation. The mechanism provides incentives for theoretical and empirical researchers to work on joint projects, thereby producing more general findings and stylized facts that can be used in giving...

Persistent link: https://www.econbiz.de/10005126068

"Mixed Signals: Market Incentives, Recycling, and the Price Spike of 1995"

Ackerman, Frank; Gallagher, Kevin - EconWPA - 2001

Environmental economics assumes that reliance on price signals, adjusted for externalities, normally leads to efficient solutions to environmental problems. We explore a limiting case, when market volatility created “mixed signals”: waste paper and other recycled materials were briefly worth...

Persistent link: https://www.econbiz.de/10005407615

Do workers really benefit from their social networks?

Fontaine, Francois - EconWPA - 2003

This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched together through social networks or through more "formal" methods of search. We show that networks do not necessarily add new externalities and that some results previously...

Persistent link: https://www.econbiz.de/10005412695

The Influence of Globalization on Taxes and Social Policy – an Empirical Analysis for OECD Countries

Dreher, Axel - EconWPA - 2003

Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD countries’ social and overall spending as well as their tax rates on labor, consumption and capital. Accounting for potential endogeneity of the regressors, the results show that...

Persistent link: https://www.econbiz.de/10005076616