Results 171 to 180 of about 1,776 (249)
Tariff: The Most Beautiful Word in the Dictionary?
ABSTRACT We consider the welfare impacts of US tariff policy at levels proposed by President Donald J. Trump. General‐equilibrium simulations under a widely used transparent one‐sector trade model reveal sizable US welfare losses. When we extend the model to include bilateral firm selection and high resolution input–output linkages, the US losses ...
Edward J. Balistreri +2 more
wiley +1 more source
Trade and Selection With Heterogeneous Firms and Perfect Competition
ABSTRACT This paper extends the Heckscher–Ohlin–Samuelson framework to allow for heterogeneous firms with capacity constraints. We show that the central theorems of the HOS model (as well as their standard generalizations via duality) carry over to our setting.
Xue Bai +3 more
wiley +1 more source
ABSTRACT This paper investigates the relationship between the stay rate of international university graduates, economic characteristics of their origin and destination countries, and proxies of their social networks. It contributes to the literature by jointly testing predictions of the neoclassical and migration network theories using regression ...
Filip Němeček
wiley +1 more source
Brain Drain and Productivity Growth: Evidence From South Africa, 1947–2019
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
IN PURSUIT OF THE HOFFMANNESQUE
ABSTRACT This article seeks to elucidate the term ‘Hoffmannesque’ — the eponymous adjective that refers to E. T. A. Hoffmann — through recourse to Hoffmann's own use of ‘esque’ words: arabesque, grotesque, burlesque, picturesque. By investigating the characteristics of ‘esque’ formulations and tracing their recurrence through Hoffmann's texts, I argue ...
Polly Dickson
wiley +1 more source
What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles
ABSTRACT Financial bubbles and crashes have repeatedly caused economic turmoil notably but not just during the 2008 financial crisis. However, both in the popular press as well as scientific publications, the meaning of bubble is sometimes unspecified.
Michael Heinrich Baumann +1 more
wiley +1 more source
Rate of Interest and Intertemporal Preferences in Multisectoral Frameworks: A Critical View
ABSTRACT This paper analyses a closure of Sraffa's price system found in some neoclassical literature, which involves equating the rate of interest with the rate of time preference. This closure aims to reconnect the rate of interest with individuals' intertemporal preferences.
Enrico Bellino, Gabriel Brondino
wiley +1 more source
[Rezension von:] Eitner, Lorenz: Neoclassicism and romanticism, 1750 - 1850 : 1-2. - Englewood, 1970
Spector, Jack J.
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