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Limited Access Orders in the Developing World: A New Approach to the Problems of Development
Industrial countries government monopoly
2015/9/22
The upper-income, advanced industrial countries of
the world today all have market economies with open
competition, competitive multi-party democratic
political systems, and a secure government mon...
Conditionality and Ownership in IMF Lending:A Political Economy Approach
IMF Foreign Aid Conditionality Ownership
2015/9/18
The relation between IMF conditionality and country ownership of assistance programs is considered from a political economy perspective, focusing on the question of why conditionality is needed if it ...
A Panel Data Approach for Program Evaluation — Measuring the Benefits of Political and Economic Integration of Hong Kong with Mainland China
panel data factor model cross-sectional dependence program evaluation ARMA models
2011/4/1
We propose a simple to implement panel data method to evaluate the impacts of social policy. The basic idea is to exploit the dependence among cross-sectional units to construct the counterfactuals.
Economic Growth and Unequal Wealth Distribution: A Dynamic Approach
Economic Growth Unequal Wealth Distribution
2009/7/23
This article surveys various equity-based arguments from Marx to Rawls, in
favour of income redistribution by means of public policy. Political explanations, the role
of luck versus merit and the pr...
Clarity in language in the sin qua non of any intellectual pursuit. If we
cannot communicate accurately with one another, there is no hope of progress in scientific
endeavor. Nowhere is this more tr...
In this note we represent a classical bankruptcy problem as a standard flow problem on a simple network and implement some known division rules from the bankruptcy literature via suitable cost functi...