Results 121 to 130 of about 5,990 (292)
Trend analysis in two standard growth models [PDF]
This paper analyzes the trend processes characterized by two standard growth models using simple econometrics. The first model is the basic neoclassical growth model that postulates a deterministic trend for output.
Restrepo Ochoa, Sergio I. +1 more
core
Financial Accountability &Management, EarlyView.ABSTRACT To be resilient, governments must quickly adapt their policies and working methods to new and uncertain situations. This article examines whether risk disclosure, as part of the anticipatory capacities of these organizations, can help identify and mitigate vulnerabilities.
Ekaterina Svetlova +2 more
wiley +1 more source
From the Malthusian to the Modern Growth Regime in an OLG Model with Unions [PDF]
The passage from the Malthusian Regime to the Modern Regime has been theoretically investigated only in recent times and the understanding of this process is still incomplete.
Luca Gori, Luciano Fanti
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Financial Management, EarlyView.ABSTRACT We examine how mergers and acquisitions (M&As) enable firms to adapt to climate policy shocks. Exploiting the adoption of the Nitrogen Oxides (NOx) Budget Trading Program (NBP) across US states as an exogenous shock, we find that firms with NOx‐emitting plants subject to the NBP are more likely to engage in M&As, particularly through vertical ...
Samer Adra +3 more
wiley +1 more source
On Ramsey's Conjecture: Efficient Allocations in the Neoclassical Growth Model with Private Information [PDF]
In his seminal paper of 1928, Ramsey conjectured that if agents discounted the future differently, in the long run all agents except the most patient would live at the subsistence level.
Espino, Emilio
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Effects of the Invasive Round Goby on Swedish Recreational Fishing Values
Fisheries Management and Ecology, EarlyView.ABSTRACT The round goby, an invasive fish from the Black and Caspian Seas, has spread to Swedish waters, threatening recreational fisheries. We modeled impacts on the future recreational fishery in Sweden using data from a recreational fishing survey, and estimated effects of the round goby on other fish species. Values attached to recreational fishing
Göran Bostedt +3 more
wiley +1 more source
REGIONS, TECHNOLOGICAL INTERDEPENDENCE AND GROWTH IN EUROPE [PDF]
This paper presents a theoretical neoclassical growth model with two kinds of capital, and technological interdependence among regions. Technological interdependence is assumed to operate through spatial externalities caused by disembodied knowledge ...
Manfred M. Fischer
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The Legacy of Policy Inaction in Climate‐Growth Models
International 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
Vintage capital growth theory: Three breakthroughs [PDF]
Vintage capital growth models have been at the heart of growth theory in the 60s. This research line collapsed in the late 60s with the so-called embodiment controversy and the technical sophisitication of the vintage models.
Raouf Boucekkine +2 more
core
Considering trade policy: Then and now
Canadian Journal of Economics/Revue canadienne d'économique, EarlyView.
Barbara J. Spencer
wiley +1 more source