The consumption and welfare implications of wage arrears in transition economies
Article Abstract:
The findings of an investigation done to check the macroeconomic Consequences and the welfare implications of wage arrears in transition economy of Ukraine by using a one-sector neo classical growth model are presented.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2005
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Quasi-geometric discounting: a closed-form solution under the exponential utility function
Article Abstract:
The example used is consumer labor income subjected to idiosyncratic productivity shocks that are uninsurable. A closed-form solution is produced.
Publication Name: Bulletin of Economic Research
Subject: Economics
ISSN: 0307-3378
Year: 2004
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Growing apart: the division of labor and the breakdown of informational institutions
Article Abstract:
The impact of division of labor on economic development is examined.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2006
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