Download or read book Three essays on inter temporal economic development written by Lakshmi K. Raut and published by . This book was released on 1987 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Endogenous Growth and the Environment written by Elamin H. Elbasha and published by . This book was released on 1996 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in International Economics written by Gaofeng Han and published by . This book was released on 2001 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Growth and the World Economy written by and published by . This book was released on 2004 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Economic Development written by Matthew James Warning and published by . This book was released on 1997 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on the Methodological Aspects of Integrating Population Planning Into General Economic Planning written by Donald Eilenstine and published by . This book was released on 1974 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Economic Growth International Capital Flows and Country Risk written by Hulya Arik and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Development and Growth written by Leonardo Almeida Bursztyn and published by . This book was released on 2010 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three essays on development economics and economic growth. The first essay analyzes the schooling decisions of poor households with adolescent children in urban Brazil using a framed field experiment. It concludes that parent-child conflict plays a crucial role in these schooling decisions, with most parents being unable to control their child's school attendance behavior, in particular due to lack of observability of the child's actions. It also provides evidence that parental demand to control that behavior is not just to provide the child with skills but also to keep the child safe and off the streets. The second essay diverges from political economy models in which the rich do not want the poor to obtain education, using evidence from Brazil. Combining city-level evidence with a new survey, it argues that public education spending is low in countries like Brazil not because the rich oppose it, but because the poor prefer the governments to spend resources elsewhere. The third essay introduces endogenous and directed technical change in a growth model with environmental constraints and limited resources. It characterizes the structure of equilibria and the dynamic tax/subsidy policies that achieve sustainable growth or maximize intertemporal welfare. It generates new insights on the role and timing of optimal environmental policy.
Download or read book Three Essays in Intertemporal Choice written by John Keith Horowitz and published by . This book was released on 1988 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Theories in Growth and Development written by Frank Hahn and published by Springer. This book was released on 2016-01-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection offers a stimulating and insightful overview of the main issues affecting long-term economic growth. The novelty of this book is that it brings together two strands of economic literature, growth and development theories. The communication between different approaches is crucial as it is increasingly understood that growth hinges upon institutional and policy aspects that are generally neglected in the stylized models of growth but highly relevant for developing countries. Government policies and institution design become central to the explanation of divergent growth paths.
Download or read book Three Essays in International Economics written by Bo Chen and published by . This book was released on 2008 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first paper presents an inter-temporal job search model and argues that both emigration and return of Chinese may be strategically planned as an optimal life-cycle residential location sequence. Particularly, it offers an explanation for two interesting phenomena in the context of Chinese immigration: (1) a substantial increase in both emigrants and returnees; (2) Returnees exhibit varying levels of educational degrees. The model attributes these phenomena to three facts: (1) China has a dual labor market with a higher paying modern sector; (2) the benefits of globalization accrue mainly to modern sector workers and; (3) the information revolution in US attracts China's most productive intellectuals. The second and the third papers study the impact of trade variety on regional productivity for China and Canada respectively. The second paper studies the effects of Chinese provincial export variety growth on its technological improvement by applying a monopolistic competition model with endogenous technology. The panel data covers all 31 executive districts of mainland China from 1998 to 2005. The results show that export variety significantly affect productivity growth: it accounts for 44.1% of cross-province TFP differences and 36.6% of within-province TFP growth; a 10% increase in the export variety of all exporting industries leads to a 1.4% productivity increase in China (as a weighted province average). By adding import variety in the empirical model used in the second paper, the third paper consolidates the effects of both import and export variety growth on Canadian productivity. Using balanced provincial data from 1988 to 2006, I find that export variety and import variety respectively account for 10.41% and 1.57% of the variation in Canadian provincial productivity differences, and the net trade variety related effects account for 7.06%. Furthermore, the export and import variety respectively account for 9.92% and 6.95% of within-province productivity growth, and their total effects can account for 17.31%. Evaluated at the sample mean, a 10% increase in all trade varieties leads to a 0.90% increase in Canadian productivity, in which the export variety's contribution is 0.57% and the import variety's is 0.33%.
Download or read book Keynes Sraffa and the Criticism of Neoclassical Theory written by Neri Salvadori and published by Taylor & Francis. This book was released on 2012-05-23 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions on the occasion of his 65th birthday by bringing together a unique collection of new essays by distinguished economists from around the world. Keynes, Sraffa, and the Criticism of Neoclassical Theory comprises twenty-three essays, covering themes in Keynesian economic theory, in the development of the modern classical approach to economic theory, linear production models, and the critique of neoclassical theory. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.
Download or read book Three Essays in Macroeconomics and Financial Economics written by Arif Oduncu and published by . This book was released on 2009 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first chapter, I analyze the question that whether the elasticity of intertemporal substitution or risk aversion is more important determinant of precautionary savings. This is an important question since a significant fraction of the capital accumulation is due to precautionary savings according to studies. Thus, knowing the important determinant of precautionary savings will be helpful to understand the capital accumulation mechanism. I look into the effects of the elasticity of intertemporal substitution and risk aversion on precautionary savings separately by performing simulations in order to obtain numerical results. I find that the elasticity of intertemporal substitution is more important determinant than risk aversion. In the second chapter, I study the impact of the introduction of futures trading on the volatility of the underlying spot market for Turkish Istanbul Stock Exchange (ISE). The economic literature intensified the debate on the negative or positive impact of futures trading on the stock market volatility. Although there are empirical studies for different countries with mixed results, most of them focus on developed countries. There are a few empirical researches on emerging markets. Analyzing the data, following results are obtained for ISE. First, the results suggest that the introduction of futures trading has decreased the volatility of ISE. Second, the results show that futures trading increases the speed at which information is impounded into spot market prices. Third, the asymmetric responses of volatility to the arrival of news for ISE have increased after the introduction of futures trading. In the third chapter, I investigate the presence of calendar anomalies in ISE by using GARCH models. The presence of calendar anomalies and their persistence presence since their first discovery still remains a puzzle to be solved. On the other hand, there are some claims that general anomalies are much less pronounced after they became known to the public. Most of the studies have examined the developed financial markets. However, it is important to test the calendar effects in data sets that are different from those in which they are originally discovered and so ISE is a good case to test the calendar effects for a developing country.
Download or read book Essays in Open Economy Macroeconomics written by Kihyun Park and published by . This book was released on 2010 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation studies the dynamic effects of various economic shocks in a two-sector small open economy. It is divided into three essays. Essays 1 and 2 have a theoretical focus; they involve the developing of intertemporal optimizing models of a small open economy. In these essays, we use the representative-agent framework to derive dynamic macroeconomic effects. Specifically, in the first essay we examine the effects of monetary policy targeted at an inflation rate in a small open economy. We adopt a two-sector dependent economy where money is introduced through various cash-in-advance (CIA) constraints. Results are very significant and sensitive to various CIA constraints as well as relative capital intensities. Higher inflation will generate more investment in the economy leading to a higher level of capital stock and a lower level of net foreign assets in the long-run when the nontraded sector is more capital intensive and households need cash for purchasing tradable goods. However, the long-run effects are completely opposite if households need real balances for purchasing nontradable goods instead. In the second essay we examine the effects and the associated dynamics of an increase in international oil prices and domestic inflation. We show that an increase in oil prices or higher domestic inflation lowers the level of investment, production, and consumption in the long-run. The economy experiences a current account surplus along with a fall in capital stock by holding more foreign traded bonds. Transitional dynamics significantly depend on sectoral capital intensity as well. In essay 3 we investigate the explanatory power of yield spread in predicting economic activities in developing economies. We employ both the Markov regime switching model (MS) and the probit model to estimate the probability of recessions during the Asian financial crisis. We find that three-regime MS model is better predictor of recessions than tworegime MS model. The MS results are also compared with that of the standard probit model for comparison. The MS model does not significantly improve the forecasting ability of the yield spread in forecasting business cycles.
Download or read book Keynes Sraffa and the Criticism of Neoclassical Theory written by Heinz D. Kurz and published by Routledge. This book was released on 2011 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions on the occasion of his 65thbirthday by bringing together a unique collection of new essays by distinguished economists from around the world. Keynes, Sraffa, and the Criticism of Neoclassical Theory comprises twenty-three essays, covering themes in Keynesian economic theory, in the development of the modern classical approach to economic theory, linear production models, and the critique of neoclassical theory. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.
Download or read book Three Essays on Intertemporal Fiscal Closure Rules and Fiscal Policies in Macroeconomic Models written by Long Zhang and published by . This book was released on 1996 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on the Economic Consequences of Increased Global Integration written by Roger White and published by . This book was released on 2004 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt:
