Results 241 to 250 of about 2,083,765 (305)
Abstract Evidence on by‐employment in long‐run economic development is limited in existing literature worldwide. This study constructed a new dataset comprising 74 515 occupational observations with 4890 by‐employed individuals derived from Chinese lineage genealogies.
Ying Dai
wiley +1 more source
Debt Ceilings With Fiscal Intransparency and Imperfect Electoral Accountability
ABSTRACT We study optimal debt ceilings in a political‐agency model with uncertainty about both policymaker type (benevolent or selfish) and economic state (good or bad). Elections generate disciplining and selection effects that differ across pooling, hybrid, and separating equilibria induced by different ceilings.
Randolph Sloof +2 more
wiley +1 more source
Material Aspirations, Cultural Change, and the Transition Toward Sustained Growth
ABSTRACT We highlight the role of economic materialism as a cultural phenomenon of significance in relation to economic transformation and development. By inducing material aspirations, an endogenous cultural change toward more widespread adherence to materialistic values is both a cause and an effect of productivity growth.
Evangelos V. Dioikitopoulos +1 more
wiley +1 more source
Games Between Players With Dual‐Selves
ABSTRACT Human decision making often seems to be determined by the resolution of intrapersonal conflict. This paper conceptualizes the analysis of decisions governed by such dual‐self processes in individual decision contexts and strategic interactions.
Simon Dato +2 more
wiley +1 more source
Self-Control in Intertemporal Choice and Mediterranean Dietary Pattern. [PDF]
Muñoz Torrecillas MJ +2 more
europepmc +1 more source
Optimal Pricing of Public Franchises With Imperfectly Correlated Demand Shocks
ABSTRACT In a dynamic adverse selection setting with private information about stochastic consumer preferences, we study the pricing of franchise rights when the awarding government body has to balance between revenue collection and consumer welfare. In this environment, we show that optimal pricing requires an appropriate combination of fixed and time‐
Marco Buso, Cesare Dosi, Michele Moretto
wiley +1 more source
Understanding UK Productivity Using a Macroeconomic Lens
ABSTRACT We survey UK labor productivity over the long run, comparing it with other advanced economies, and focus on the sharp slowdown since the global financial crisis. Using a growth accounting framework, we highlight the primary role of total factor productivity (TFP), while noting that the contribution of capital shallowing is influenced by ...
Jagjit S. Chadha, Issam Samiri
wiley +1 more source
Models in Decision‐Making Under Risk and Uncertainty
ABSTRACT This paper systematically compares dominant frameworks for modeling decision‐making under risk and uncertainty, evaluating their theoretical trade‐offs and practical relevance for economic research. We establish key criteria for model selection—including predictive accuracy, descriptive realism, computational tractability, and ecological ...
Martin Höppner
wiley +1 more source
Constitutional Political Economy and the Nature and Effects of Rights
ABSTRACT Constitutional political economy theory implies that systems of rights can emerge from different processes, but the rights that initially emerge tend to be unequal and to change through time. In some cases, rights may become more equal and universal, but not often. If rights are consequential, then understanding their origins and the political,
Roger D. Congleton
wiley +1 more source
On the Provision of International Public Goods in Dynamic Open Economies
ABSTRACT This study develops a dynamic two‐country model with an international public good, the stock of which positively affects the productivity of the private‐goods sectors in each country, and the evolution of the stock is determined by each country's voluntary contribution in the form of public investment. Two scenarios are examined: A cooperative
Akihiko Yanase
wiley +1 more source

