Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Narrow Search
Search narrowed by
Last searches

Results for *

Displaying results 1 to 25 of 29.

  1. Some thoughts on macroeconomic fluctuations and the timing of labor market reform
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    DDC Categories: 330; 380; 650; 670
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; No. 611
    Subjects: Deregulierung; Reform; Konjunktur; Ökonomische Theorie der Politik; Public-Choice-Theorie
    Other subjects: (stw)Arbeitsmarktflexibilität; (stw)Reform; (stw)Konjunktur; (stw)Neue politische Ökonomie; (stw)Eurozone; Arbeitspapier; Graue Literatur; Buch; Online-Publikation
    Scope: 12 S., 21 cm
  2. Some evolutionary foundations for price level rigidity
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  CES, Munich ; Ifo

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    DDC Categories: 330; 380; 650; 670
    Series: CESifo working papers ; No. 720 : Category 5, Fiscal policy, macroeconomics and growth
    Subjects: Preisstarrheit; Schock <Wirtschaft>; Eingeschränkte Rationalität; Preispolitik; Lernkurve; Theorie
    Other subjects: (stw)Preisrigidität; (stw)Schock; (stw)Begrenzte Rationalität; (stw)Preismanagement; (stw)Lernprozess; (stw)Theorie; Arbeitspapier; Graue Literatur
    Scope: 23 S., 21 cm
    Notes:

    Literaturverz. S. 21 - 23. - Auch im Internet unter der Adresse www.SSRN.com oder www.CESifo.de verfügbar
  3. Growth effects of non proprietary innovation
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  CES, Munich ; Ifo

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910 ; QB 910
    DDC Categories: 330; 380; 650; 670
    Series: CESifo working papers ; No. 726 : Category 5, Fiscal policy, macroeconomics and growth
    Subjects: Forschung; Altruismus; Industrieforschung; Innovation; Wirtschaftswachstum; Wachstumstheorie; Endogenes Wirtschaftswachstum; Softwareindustrie; Theorie
    Other subjects: (stw)Forschung; (stw)Altruismus; (stw)Industrieforschung; (stw)Innovation; (stw)Wirtschaftswachstum; (stw)Endogenes Wachstumsmodell; (stw)Softwareindustrie; (stw)Theorie; Economic development; Array; Intellectual property; Economic development; Technological innovations--Economic aspects; Intellectual property; Arbeitspapier; Graue Literatur
    Scope: 17 S., graph. Darst., 21 cm
    Notes:

    Auch im Internet unter der Adresse www.SSRN.com oder www.CESifo.de verfügbar
  4. Cognitive ability and paternalism
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910 ; QB 910
    DDC Categories: 330; 380; 650; 670
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; No. 609
    Subjects: Administrierter Preis; Preisüberwachung; Staatliche Preispolitik; Rationalprinzip; Eingeschränkte Rationalität; Theorie; Kognition
    Other subjects: (stw)Preisregulierung; (stw)Rationalität; (stw)Begrenzte Rationalität; (stw)Theorie; (stw)Kognition; Arbeitspapier; Graue Literatur; Buch; Online-Publikation; Arbeitspapier; Graue Literatur
    Scope: 29 S., graph. Darst., 21 cm
  5. Economic aspects of human cloning and reprogenetics
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910 ; QB 910
    DDC Categories: 330; 380; 650; 670
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; No. 608
    Subjects: Gentechnologie; Anreiz; Humankapital; Theorie
    Other subjects: (stw)Gentechnik; (stw)Anreiz; (stw)Humankapital; (stw)Theorie; Arbeitspapier; Graue Literatur; Als Aufsatz endgültig erschienen; Buch; Online-Publikation; Arbeitspapier; Graue Literatur
    Scope: 30, 10 S., 21 cm
    Notes:

    Literaturverz. S. 27 - 30
  6. On market forces and human evolution
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910 ; QB 910
    DDC Categories: 330; 380; 650; 670
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; No. 621
    Subjects: Markt; Marktmechanismus; Evolutorische Wirtschaft; Theorie; Verhalten
    Other subjects: (stw)Markt; (stw)Marktmechanismus; (stw)Evolutionsökonomik; (stw)Theorie; (stw)Verhalten; Arbeitspapier; Graue Literatur
    Scope: 45 S., 21 cm
  7. Are intellectual property rights unfair?
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Export to reference management software   RIS file
      BibTeX file
  8. The complexity of economic policy
    I. restricted local optima in tax policy design
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Location:
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    Signature:
    KAP 11933
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1194 (480)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
    Signature:
    98/464 B-480
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 480
    Subjects: Wirtschaftsmodell; Modellierung; Soziale Wohlfahrtsfunktion; Optimale Besteuerung; Pfadabhängigkeit; Theorie
    Scope: 19 S, graph. Darst
  9. Some evolutionary foundations for price level rigidity
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  Univ., Center for Economic Studies, Munich

    Location:
    Staats- und Universitätsbibliothek Bremen
    Signature:
    bc 1391-720
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 624 (720)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Array ; 720
    Subjects: Preisrigidität; Schock; Begrenzte Rationalität; Preismanagement; Lernprozess; Theorie
    Scope: 23 S
    Notes:

    Literaturverz. S. 21 - 23

    Internetausg.: ftp://129.187.96.124/CESifo_WP/720.pdf
  10. Growth effects of non proprietary innovation
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  Univ., Center for Economic Studies, Munich

    Location:
    Staats- und Universitätsbibliothek Bremen
    Signature:
    bc 1391-726
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 624 (726)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Array ; 726
    Subjects: Forschung; Altruismus; Industrieforschung; Innovation; Wirtschaftswachstum; Endogenes Wachstumsmodell; Softwareindustrie; Theorie
    Scope: 17 S, graph. Darst
    Notes:

    Internetausg.: ftp://129.187.96.124/CESifo_WP/726.pdf
  11. The complexity of economic policy
    I. restricted local optima in tax policy design
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  Centre for Economic Policy Research, London

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 32 (3339)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Signature:
    wrc 10.06:i/d55-3339
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Deutsche Universität für Verwaltungswissenschaften Speyer, Universitätsbibliothek
    Inter-library loan:
    No loan of volumes, only paper copies will be sent
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Array ; 3339
    Subjects: Wirtschaftsmodell; Modellierung; Soziale Wohlfahrtsfunktion; Optimale Besteuerung; Pfadabhängigkeit; Theorie
    Scope: 19 S.
  12. Macroeconomic fluctuations and the timing of labour market reforms
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  Centre for Economic Policy Research, London

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 32 (3646)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Signature:
    wrc 10.06:i/d55-3646
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Deutsche Universität für Verwaltungswissenschaften Speyer, Universitätsbibliothek
    Inter-library loan:
    No loan of volumes, only paper copies will be sent
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910
    Series: Array ; 3646
    Subjects: Arbeitsmarktflexibilität; Arbeitnehmerschutz; Theorie
    Scope: 12 S.
  13. Economic aspects of human cloning and reprogenetics
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  Centre for Economic Policy Research, London

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 32 (3641)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Signature:
    wrc 10.06:i/d55-3641
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910
    Series: Array ; 3641
    Subjects: Gentechnik; Anreiz; Humankapital; Theorie
    Scope: 30, 10 S.
  14. Cognitive ability and paternalism
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  Centre for Economic Policy Research, London

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 32 (3642)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Signature:
    wrc 10.06:i/d55-3642
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910
    Series: Array ; 3642
    Subjects: Preisregulierung; Rationalität; Begrenzte Rationalität; Theorie; Kognition
    Scope: 29 S., graph. Darst.
  15. On market forces and human evolution
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  Centre for Economic Policy Research, London

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 32 (3654)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Signature:
    wrc 10.06:i/d55-3654
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910
    Series: Array ; 3654
    Subjects: Markt; Marktmechanismus; Evolutionsökonomik; Theorie; Verhalten
    Scope: 45 S.
  16. Economic aspects of human cloning and reprogenetics
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1194 (608)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
    Signature:
    98/464 B-608
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 608
    Subjects: Gentechnik; Anreiz; Humankapital; Theorie
    Scope: 30, 10 S.
  17. Cognitive ability and paternalism
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1194 (609)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
    Signature:
    98/464 B-609
    Inter-library loan:
    No inter-library loan

    Location:
    Saarländische Universitäts- und Landesbibliothek
    Signature:
    MV 940
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 609
    Subjects: Preisregulierung; Rationalität; Begrenzte Rationalität; Theorie; Kognition
    Scope: 29 S., graph. Darst.
  18. Some thoughts on macroeconomic fluctuations and the timing of labor market reform
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1194 (611)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
    Signature:
    98/464 B-611
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 611
    Subjects: Arbeitsmarktflexibilität; Reform; Konjunktur; Neue politische Ökonomie; Eurozone
    Scope: 12 S.
  19. Some evolutionary foundations for price level rigidity
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  Centre for Economic Policy Research, London

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 32 (3150)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Signature:
    wrc 10.06:i/d55-3150
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Deutsche Universität für Verwaltungswissenschaften Speyer, Universitätsbibliothek
    Inter-library loan:
    No loan of volumes, only paper copies will be sent
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Array ; 3150
    Subjects: Preisrigidität; Schock; Begrenzte Rationalität; Preismanagement; Lernprozess; Theorie
    Scope: 23 S.
  20. On market forces an human evolution
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1194 (621)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
    Signature:
    98/464 B-621
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 621
    Subjects: Markt; Marktmechanismus; Evolutionsökonomik; Theorie; Verhalten
    Scope: 45 S.
  21. Are intellectual property rights unfair?
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  IZA, Bonn

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1194 (639)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 639
    Subjects: Immaterialgüterrechte; Patentrecht; Bildungsinvestition; Verteilungstheorie; Endogenes Wachstumsmodell; Umverteilung; Wohlfahrtsanalyse; Theorie
    Scope: 22, [4] S.
    Notes:

    Auch als: Discussion paper series / Centre for Economic Policy Research ; No. 3693 : International macroeconomics and labour economics
  22. Some evolutionary foundations for price level rigidity
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  CESifo, München

    This paper shows that price rigidity evolves in an economy populated by imperfectly rational agents who experiment with alternative rules of thumb. In the model, firms must set their prices in face of aggregate demand shocks. Their payoff depends on... more

    Location:
    Staats- und Universitätsbibliothek Bremen
    Inter-library loan:
    No inter-library loan

    Location:
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63 (720)
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Osnabrück
    Inter-library loan:
    No inter-library loan

     

    This paper shows that price rigidity evolves in an economy populated by imperfectly rational agents who experiment with alternative rules of thumb. In the model, firms must set their prices in face of aggregate demand shocks. Their payoff depends on the level of aggregate demand, as well as on their own price and their “neighbor”‘s price. The latter assumption captures local interactions. Despite the fact that the rational expectations equilibrium (REE) is characterized by a simple pricing rule that firms can easily adopt, the economy does not converge to the REE for highly autocorrelated aggregate demand shocks and a high level of local interaction. Instead, the aggregate price level exhibits rigidity, in that it does not fully react to contemporaneous aggregate demand shocks, and inertia, in that controlling to it positively depends on its past value. We show that local interactions and serial correlation of aggregate demand shocks play a key role in generating those results.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/75992
    Series: Array ; 720
    Scope: Online-Ressource (23 S.)
  23. Growth effects of non proprietary innovation
    Author: Saint-Paul, Gilles
    Published: 2002
    Publisher:  CESifo, München

    We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones which are produced by a... more

    Location:
    Staats- und Universitätsbibliothek Bremen
    Inter-library loan:
    No inter-library loan

    Location:
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63 (726)
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Osnabrück
    Inter-library loan:
    No inter-library loan

     

    We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones which are produced by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive acitvities, if free goods were less tailored to customers than proprietary ones, and if philanthropical inventors sometimes came out with another version of an existing proprietary good. Dynamics can also be characterized and it is shown that the impact effect of free inventions on growth is positive.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/76109
    Series: Array ; 726
    Scope: Online-Ressource (17, [1] S.), graph. Darst.
  24. The complexity of economic policy
    I. Restricted local optima in tax policy design
    Author: Saint-Paul, Gilles
    Published: April 2002
    Publisher:  IZA, Bonn

    Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented,... more

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4 (480)
    Inter-library loan:
    No inter-library loan

     

    Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I call such an outcome a "restricted local optimum". I consider the outcome of such a tatonnement process for a government which wants to optimally set taxes given a tax code with a fixed number of brackets. I show that there is history dependence, in that several local optima may be reached, and which one is reached depends on initial conditions. History dependence is stronger (i.e. there are more local optima), the more complex the design of economic policy, i.e. the greater the number of tax brackets. It is also typically stronger, the greater the interaction of policy instruments with one another - which in my model is equivalent to agents having a more elastic labor supply behavior. Finally, for a given economy and a given tax code, I define the latter's average performance as the average value of the social welfare function across all the local optima. One finds that it eventually sharply falls with the number of brackets, so that the best performing tax code typically involves no more than three brackets.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/21477
    Series: Discussion paper series / Institute for the Study of Labor ; IZA DP no. 480
    Subjects: Wirtschaftsmodell; Modellierung; Soziale Wohlfahrtsfunktion; Optimale Besteuerung; Pfadabhängigkeit; Theorie
    Scope: 1 Online-Ressource (19 Seiten), Illustrationen
  25. Economic aspects of human cloning and reprogenetics
    Author: Saint-Paul, Gilles
    Published: October 2002
    Publisher:  IZA, Bonn

    This paper analyses the economic issues associated with human cloning and new reproductive technologies. We analyze the incentives for human cloning and its implications for the long run distribution of skills and income. We analyse models of human... more

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4 (608)
    Inter-library loan:
    No inter-library loan

     

    This paper analyses the economic issues associated with human cloning and new reproductive technologies. We analyze the incentives for human cloning and its implications for the long run distribution of skills and income. We analyse models of human cloning for different motives, focusing on those which tend to produce new human beings with improved ability. We thus ignore purely therapeutic applications, which may well be the most likely ones to happen in the near future, but have no first-order implications for the long-run distribution of skills and income. An important consequence of these models is that if ability is genetically heritable, cloning tends to increase the proportion of high ability people in society, and that under some hypothesis the distribution of ability converges to a mass point at the highest possible ability level. Under weaker assumptions, it is shown that ability-reducing genes are eventually eliminated. However, if fertility is negatively correlated with ability, cloning leads to a strongly segregated society with a top-ability caste and a bottom ability one which produces clones of the top ability one. The paper also discusses the plausibility of these results in light on the evidence from economics and other sciences on marriage markets, child selection, assisted reproduction, and animals.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/21278
    Series: Discussion paper series / Institute for the Study of Labor ; IZA DP no. 608
    Subjects: Gentechnik; Anreiz; Humankapital; Theorie
    Scope: 1 Online-Ressource (30, 10 Seiten)