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In March 1998, professional colleagues and students of TN Srinivasan joined together at the Festschrift Conference at Yale to honor his work. This book contains 19 of the contributions which were presented, reflecting the 4 closely related dimensions of trade and development. It deals with the various dimensions of the issue of growth.
This analysis of the political economy of government debt is divided into two parts. The first part deals with theoretical issues and the second part concerns empirical applications. Topics covered include behavioural aspects, long term debt strategy, debt neutrality and functional finance.
Empirical Measurement and Analysis of Productivity and Technological Change
Selected papers from a conference held in honour of Professor Dale T. Mortensen upon the occasion of his 65th birthday. It includes papers on some of Professor Dale T. Mortensen's current research topics, as well as additional theoretical papers, and micro- and macro-econometric papers.
Demand studies and understanding consumer behavior remain two of the most important areas of analysis by practicing applied economists and econometricians. This book presents research on the estimation of demand systems and the measurement of consumer preferences.
These papers demonstrate how different kinds of analytical approach can be used to anticipate the economic repercussions of systematic reduction of military spending. It is of interest to economists, scholars in peace studies and international relations, and government officials dealing with disarmament issues and economic restructuring.
Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialisation, technological convergence and faster economic growth. This study compares the conclusions of the trade theories with empirical observations of economic changes in the European Union.
It is the intention of the editors to make available with this book a selection of current work in regional economics and regional science.
The "Contributions to Economic Analysis" series consists of a number of previously unpublished studies. The term economic analysis is used because it covers the activities of the theoretical economist and the research worker.
This book explores the welfare effects of environmental taxes in a second-best framework. It starts from a benchmark model which reveals that environmental taxes typically exacerbate pre-existing tax distortions, and extends it by introducing capital, terms of trade effects, transfers, involuntary unemployment, or environmental feedbacks.
Aims to review and discuss the different varieties of macro modelling of economic policies. This book also attempts to analyze policy themes that are important in Finland and elsewhere. Its last set of papers analyze exchange rate policies in Finland and issues in European Economic Integration.
This volume encourages comparative explorations of the links between economic regionalism and government behaviour. Theories of the public sector are reviewed, restructured and extended, and historical and institutional perspectives on the public sector examined in empirical case studies from Sweden, USA, Belgium, Malaysia, England and Singapore.
Describes the development of competition policy in 10 EU Member States, and the interaction of those policies with EU competition policy. This work includes the convergence of competition policy to the EU approach and the influence of Member State practice on EU competition policy. It analyzes its functioning from an economic point of view.
Contemporary issues in general economics, growth economics and in the formulation of optimal growth programs, especially the issue of the sustainability of growth, are investigated in this book. A wide range of optimal economic growth models are developed here to address the crucial issues of different branches in economics.
This book analyses the viability of unfunded pension systems in the presence of the projected demographic evolution and looks at: efficiency considerations and the possibility of welfare improvements; political economy aspects and the feasibility of reforms; and the process of European integration and its influence on national pension systems.
Containing papers on index number and aggregation theory, this volume studies aggregation problems in economics, primarily the aggregation over goods problem. It is useful for government agencies around the world that produce price statistics, insuring an understanding of important properties of alternative indexes.
Analysing lifetime distribution and redistribution, this book uses a cohort microsimulation model as a tool to analyse several questions which concern income distribution and redistribution, social security and income tax incidence. It is suitable for those working in social and economic policy who are concerned about such issues.
This volume covers key issues lying at the intersection of the modern theory of industrial organization and of the more traditional agricultural economics: the organization of agriculture and its mechanisms; the extent of the market power in agri-food industries; the failures of agricultural markets; and the nature of government intervention.
William Barnett, the coeditor of this volume, introduced modern economic index number theory into monetary economics and this book comprises a focussed and unified collection of his most important publications in this area. It provides a clear and systematic development of the state-of-the-art in monetary and financial aggregation theory.
This book examines the complex relationship among trade and investment policies, as well as environmental regulations, especially for developing economies. The impacts of pollution taxes and environmental standards on employment and social welfare, the design and coordination of optimal trade, and investment and environmental policies are analyzed.
Describes the structure of MIMIC and discusses a number of policy measures. Moreover, this book elaborates on proposals that are in discussion, such as the flat tax. To easily understand the model, it also presents a core version with only a few equations.
This book investigates why Dutch economic policy has been relatively effective in lower unemployment rate in the Netherlands compared to OECD Europe. Its empirical analysis examines whether macroeconomic policies could be effective in reducing unemployment in the short run and if they can be directed to one side of the market.
Contains papers describing developments at the frontiers of microsimulation modelling, and draws upon experiences in a wide range of countries. Some papers in this book aim to share with other modellers, experience gained in designing and running microsimulation models and their use in government policy formulation.
Using a variety of research methods, this book analyzes the effects and challenges of European integration. Topics covered include macroeconometric and applied general equilibrium modelling, international trade and applied econometric analysis.
Includes several papers on equilibrium search models (a relatively new field), and job matching, both seen from a theoretical and from an applied point of view. This volume discusses methods on and empirical analyses of unemployment durations. It is intended to contribute to further development in the use of panel data in economic analyses.
Focuses on variances in the structural and dynamic properties of manufacturing industries. This book shows results by exploring the theoretical and empirical literature in industrial economics, by using a longitudinal firm-level database, and by developing and simulating a model on industrial dynamics.
This volume of Contributions to Economic Analysis addresses a number of important questions in the field of business cycles including: How should business cycles be dated and measured? What is the response of output and employment to oil-price and monetary shocks? And, is the business cycle asymmetric, and does it matter?
Examines the developments in labour contracts and relates them to the content of such contracts, and to differences in labour contracts which depend on the specifics of the institutional environment in which they are negotiated. This volume also compares differences in labour contracts in European countries and between Europe, Japan and the US.
Demographic changes (dropping birth rates, decline in population growth and rapid population aging), their economic implications, and possible policy responses are the subject matter of this volume. It draws on international experience to address these issues, but focuses on the experience of Japan, the country with the world's oldest population.
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