Results 91 to 100 of about 6,132 (254)

Education Subsidy, Fertility, and Growth [PDF]

In this paper, we show that replacing a public-education regime by a private regime with public subsidization of education, causes agents to completely internalize the effect, on their offspring education, of their fertility decisions.
Dessy, Sylvain E.
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Set-Aside versus Quotas in Contracts for Agro-Environmental Regulation [PDF]

In this paper, we analyze the simultaneous regulation of several goods produced on agricultural land such as environmental amenities and crops. This analysis is conducted using a general two goods model where all agricultural land is used for production.
Crepin, Anne-Sophie, Jayet, Pierre-Alain
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Barriers to international capital flows: when, why, how big, and for whom? [PDF]

Until recently, the trend in world capital markets has been toward increasing “globalization.” Recent events in Latin America and Asia have forced a rethinking of the desirability of unrestricted world capital flows.
Bruce D. Smith, Chong K. Yip, Marco A. Espinosa-Vega   +2 more
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On government credit programs [PDF]

Credit rationing is a common feature of most developing economies. In response to it, the governments of these countries often operate extensive credit programs and lend, either directly or indirectly, to the private sector.
Bruce D. Smith, Chong K. Yip, Marco Espinosa-Vega   +2 more
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Deformation behavior of Mg-Y-Ni alloys containing different volume fraction of LPSO phase during tension and compression through in-situ synchrotron diffraction

Journal of Magnesium and Alloys
The deformation behavior of the as-extruded Mg-Y-Ni alloys with different volume fraction of long period stacking ordered (LPSO) phase during tension and compression was investigated by in-situ synchrotron diffraction. The micro-yielding, macro-yielding,
S.Z. Wu, Y.Q. Chi, G. Garces, X.H. Zhou, H.G. Brokmeier, X.G. Qiao, M.Y. Zheng   +6 more
doaj   +1 more source

Decomposable Choice Under Uncertainty [PDF]

Savage motivated his Sure Thing Principle by arguing that, whenever an act would be preferred if an event obtains and preferred if that event did not obtain, then it should be preferred overall.
Atsushi Kajii, Ben Polak, Simon Grant
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- IDEOLOGICAL VERSUS DOWNSIAN POLITICAL COMPETITION [PDF]

We analyze a one-dimensional model of spatial political competition with two parties and uncertainty on the distribution of voters types. We assume that parties are formed by regular members and professional politicians; members care about the policy ...
Ignacio Ortuño Ortín
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Entrepreneurial moral hazard and bank monitoring: a model of the credit channel [PDF]

This paper develops a model of the choice between bank and market finance by entrepreneurial firms that differ in the value of their net worth. The monitoring associated with bank finance ameliorates a moral hazard problem between the entrepreneurs and ...
Javier Suarez, Rafael Repullo
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The Role of Taxes as Automatic Destabilizers in New Keynesian Economics [PDF]

This paper analyses the effects of taxation in New Keynesian economics. The results show that taxes contribute to price and wage stickiness and, moreover, that the resulting fluctuations in welfare are magnified by the presence of taxes.
Claus Thustrup Hansen, Henrik Jacobsen Kleven   +1 more
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DEMOCRACY, RENT SEEKING, PUBLIC SPENDING AND GROWTH [PDF]

Does democratization imply faster growth, less corruption and less inefficiency? Past studies yield ambiguous results on the effects of democracy on economic performance and growth.
Mohtadi, Hamid, Roe, Terry L.
core   +1 more source