Results 21 to 30 of about 20,274 (226)
Tariffs and Foreign Direct Investment in a Dynamic North–South Model
Journal of Money, Credit and Banking, EarlyView.Abstract This paper examines how import tariffs by a developed country (the North) and a developing country (the South) affect innovation and foreign direct investment (FDI) using a quality ladder model. We show that a Northern import tariff raises the relative wage of Northern labor, but impedes innovation and FDI. This may worsen Northern welfare. By
TATSURO IWAISAKO, HITOSHI TANAKA
wiley +1 more source
Tariff: The Most Beautiful Word in the Dictionary?
Review of International Economics, EarlyView.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
El efecto Piccard y la construcción de la teoría Walrasiana del equilibrio
Lecturas de Economía, 2010 Durante más de diez años, León Walras luchó, en vano, por resolver el problema de cómo derivar curvas de demanda individual a partir de las curvas de utilidad de dos individuos.
Boris Salazar
doaj +1 more source
Marshall and Walras: Incompatible bedfellows? [PDF]
The European Journal of the History of Economic Thought, 2011 The standard view about the relationship between the Marshallian and the Walrasian approaches is that they are complementary to each other. My aim in this paper is to show that, on the contrary, they constitute alternative sub-research programmes within the wider neoclassical paradigm.
openaire +2 more sources
Global Warming Policy in a Federation
Journal of Public Economic Theory, Volume 28, Issue 2, April 2026.ABSTRACT We explore alternate allocations of responsibility for greenhouse gas emissions policies in a small open federation. Emissions result from consumption and production of a tradeable dirty good. Emissions control policies are based on social values which depend on the allocation of policy responsibility.
Robin Boadway, Katherine Cuff
wiley +1 more source
Asset Pricing and Risk‐Sharing Implications of Alternative Pension Plan Systems
The Journal of Finance, Volume 81, Issue 1, Page 143-188, February 2026.ABSTRACT We show that incorporating defined benefit pension funds in an incomplete markets asset pricing model improves its ability to match the historical equity premium and riskless rate and has important risk‐sharing implications. We document the importance of the pension fund's size and asset demands, and a new risk channel arising from ...
NUNO COIMBRA +3 more
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On the Provision of International Public Goods in Dynamic Open Economies
Review of International Economics, Volume 34, Issue 1, Page 198-218, February 2026.ABSTRACT This study develops a dynamic two‐country model with an international public good, the stock of which positively affects the productivity of the private‐goods sectors in each country, and the evolution of the stock is determined by each country's voluntary contribution in the form of public investment. Two scenarios are examined: A cooperative
Akihiko Yanase
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Antipode, Volume 58, Issue 1, January 2026.Abstract Green finance is widely hailed as the solution to environmental and capitalist crises, promising to address climate change and secure future returns. Yet, rather than being market‐driven, it increasingly relies on data‐intensive forecasting models and scenarios that resemble economic planning.
Giulia Dal Maso, Alessandro Maresca
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Schumpeter, Marx et Walras. Entrepreneur et devenir du capitalisme
Revue Interventions Économiques, 2012 Schumpeter invented the entrepreneur to conceptualize the innovation act that the model of pure economy of Walras was unable to explain. In doing so, he converged to Marx.
Sophie Boutillier, Dimitri Uzunidis
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A Natural Value Unit - Econophysics as Arbiter between Finance and Economics
, 2006 Foreign exchange markets show that currency units (= accounting or nominal price units) are variables. Technical and economic progress evidence that the consumer baskets (= purchasing power units or real price units) are also variables.
Ahrends +18 more
core +1 more source