Results 121 to 130 of about 110,298 (294)

The hole in the doughnut: Formalizing and testing a key model of degrowth

open access: yesContemporary Economic Policy, EarlyView.
Abstract Degrowth scholars often claim that capitalism generates social and ecological imbalances, as captured by Kate Raworth's leading doughnut model. We formalize this model using social and environmental indices and measure imbalances using their coefficient of variation.
Ashruta Acharya   +2 more
wiley   +1 more source

Reference dependence and lottery participation

open access: yesEconomic Inquiry, EarlyView.
Abstract We assume that lottery participants are poor relative to their target income. Reference dependence with loss aversion can render the marginal utility of income non‐monotonic in line with the Friedman–Savage hypothesis. As a result, lottery participation can be rationalized without invoking probability weighting.
Robertas Zubrickas
wiley   +1 more source

Individuals and institutions in social economics [PDF]

open access: yes
This is Chapter 4 from "Social Economics: An Alternative Theory" (St. Martin's Press, 1991). This chapter focuses on the human subjects of economic study, suggesting that the psychology offered in neoclassical economics is severely inadequate to serve as
Goodwin, Neva
core   +1 more source

The role of foreign capital flows in health finance

open access: yesEconomic Inquiry, EarlyView.
Abstract This study develops an open economy version of the health deficit model to examine how rising health expenditures affect international capital flows, external balances, and welfare. The government issues bonds in international capital markets, linking health policy to international financial dynamics.
Mark Christopher Kelly
wiley   +1 more source

Brain Drain and Productivity Growth: Evidence From South Africa, 1947–2019

open access: yesEconomics of Transition and Institutional Change, EarlyView.
ABSTRACT This paper provides empirical evidence of how high‐level human capital outflow could affect TFP‐based economic development and vice versa. The concern of potential endogeneity between brain drain and economic development is addressed directly.
Johannes Fedderke, Xiaodi Dong
wiley   +1 more source

The Solow-Pasinetti debate on the measurement of productivity in the light of modern growth theory

open access: yesPSL Quarterly Review
This article aims to study the Solow-Pasinetti debate on the aggregate production function and technical progress as an event that anticipated a divide in the subsequent theories of economic growth and technical change.
Florencia Romina Sember
doaj   +1 more source

Environmental norms, society, and economics [PDF]

open access: yes
Environmental norms seem to be on the upsurge everywhere. Norm-orientation is, however, neglected in neoclassical economics which is fixed on homo economicus as the model of human behaviour.
Mohr, Ernst
core  

Freely (Un)Equal

open access: yesEconomics of Transition and Institutional Change, EarlyView.
ABSTRACT Gender equality in the economy is a key issue on the political agenda. Western countries have long pursued policies promoting free competitive markets, with the EU focusing on harmonisation for market freedom. This study examines how economic freedom impacts gender equality using an instrumental variable approach. Results reveal mixed effects:
Matteo Migheli
wiley   +1 more source

Irish regional GDP since independence

open access: yesThe Economic History Review, EarlyView.
Abstract This paper constructs the first long‐run estimates of Irish regional gross domestic product (GDP) over the twentieth century and traces the relative economic performance of Ireland's regions since independence. Using an array of data sources available at a county level, output in agriculture, industry, and services in benchmark census years is
Alan de Bromhead, Seán Kenny
wiley   +1 more source

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