Results 131 to 140 of about 110,383 (315)

The Legacy of Policy Inaction in Climate‐Growth Models

open access: yesInternational Economic Review, EarlyView.
ABSTRACT To better understand the structure and core mechanisms of a broad class of climate‐growth models, we study a simplified version of the dynamic integrated model of climate and the economy (DICE) through the lens of growth theory. We analytically show that this model features a continuum of saddle‐point stable steady states.
Thomas Steger, Timo Trimborn
wiley   +1 more source

The Impact of Canada's Working Income Tax Benefit on the Labor Supply of Low‐Income Workers

open access: yesIndustrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT We use administrative tax data to estimate the effect of the Working Income Tax Benefit (WITB) on the labor supply of single, low‐income workers in Canada. Our analytical approach exploits low knowledge of the program, which generates variation in the benefit receipt both between and within eligible tax filers over time.
Kourtney Koebel, Dionne Pohler
wiley   +1 more source

Methods for Studying Union Effects: A Review and Comparative Analysis of Empirical Industrial Relations Literature

open access: yesIndustrial Relations Journal, EarlyView.
ABSTRACT This paper reviews methodological developments in Industrial Relations (IR) research on union effects from 1990 to 2023, based on 511 studies in six leading IR journals in the United States, the United Kingdom, Canada, and Australia. We find that institutional contexts shape methodological choices over time and note a general shift from ...
Kwon Hee Han   +2 more
wiley   +1 more source

Monetary Policy When Preferences Are Quasi‐Hyperbolic

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We study discretionary monetary policy in an economy where economic agents have quasi‐hyperbolic discounting. We demonstrate that a benevolent central bank is able to keep inflation under control for a wide range of discount factors. If the central bank, however, does not adopt the household's time preferences and tries to discourage early ...
RICHARD DENNIS, OLEG KIRSANOV
wiley   +1 more source

On Measuring the Welfare Cost of Inflation

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper uses neoclassical monetary demand theory to measure the welfare cost of inflation. It uses the microeconomic‐ and aggregation‐theoretic approach to the demand for money, that integrates the demand for money with the demands for consumption and leisure, and provides a comparison between the consumer surplus approach based on ...
APOSTOLOS SERLETIS, LIBO XU
wiley   +1 more source

The Capital–Labour–State Dynamics of Herbicide Adoption in Rainfed India

open access: yesJournal of Agrarian Change, EarlyView.
ABSTRACT This paper engages debates around the capital–labour–state dynamics of agrarian transitions to address the oft‐studied but still little‐understood question of why farmers adopt herbicides when they do. Over the last several years, smallholder farmers in India have begun using the herbicide bispyribac sodium at breakneck speeds, particularly in
Carly Nichols, Nidhi Kumari
wiley   +1 more source

Market failure vs. system failure as a rationale for economic policy? A critique from an evolutionary perspective

open access: yes, 2015
This paper reconsiders the explanation of economic policy from an evolutionary economics perspective. It contrasts the neoclassical equilibrium notions of market and government failure with the dominant evolutionary neo-Schumpeterian and Austrian ...
Schmidt, Peter
core  

Empirical Literature on Fiscal Multipliers: A Bibliometric Approach, 2002–2023

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT This paper reviews the empirical literature on fiscal multipliers through a bibliometric approach, analyzing 337 journal articles published between 2002 and 2023. The articles are categorized based on empirical methodologies, fiscal shock identification strategies, geographic focus, exchange rate arrangements, and macro‐financial regime ...
Margarida Correia Varela   +1 more
wiley   +1 more source

Peace, War and International Security: Economic Theories [PDF]

open access: yes
This paper considers the economic theories that are relevant for the study of peace war and international security . It presents different levels of generality, starting with the big questions of international security, which are usually the domain of ...
Fanny Coulomb, J Paul Dunne
core  

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