Economic Theory

They were careful not to budget projections, through the stretched push their luck by trumpeting the “achievement”, statistics that are commonplace in advertising, hence the last mention of the achievement …

Consent: Logical 6. Government Failure: While economic theory Foundations of Constitutional Democracy in …

increased government benefits to families, and especially to families with the lowest incomes. Economic theory predicts that this policy intervention would have led to a reduction in labor supply among adults …

especially to families with the lowest incomes. Economic theory predicts that this policy intervention would …

Additionally, the treatment and disclosure of bad loans as “non-performing assets (NPAs)” in bank balance sheets, including the reporting of gross and net NPAs as a percentage of total loans, …

Proceedings of the Second International Symposium in Economic Theory and Econometrics. Bernanke, Ben S, and Alan …

The proposed VAT imposition on private schools in the UK poses challenges for schools, children’s, and the jobs their parents do. Parents who take their children out of private school …

labour supply withdrawal is incompatible with economic theory and empirical evidence, as outlined in this …

For the past four decades, one small and scrappy think tank has played a key role in reviving and reinventing U.S. liberalism, and returning its concerns to the well-being of …

Conventional, and at the time, all but consensual, economic theory said that wage increases track increases in … recalls. It was ignoring the fact that “basic economic theory says that trade will lead to inequality, and …

When the size of the maximum pension benefit is fixed, the cost of the pension scheme to policymaker and ultimately to taxpayers is affected by changes to the pension taper …

the 2022 Society for the Ad- vancement of Economic Theory (SAET) Conference in Canberra (online). This … 2017. R. H. Thaler and H. M. Shefrin. An economic theory of self control. Journal of Political Economy …

This paper characterizes the transition dynamics of a continuous-time neoclassical production economy with capital accumulation in which households face idiosyncratic income risk and cannot commit to repay their debt. Therefore, …

“Public versus Private Risk Sharing,” Journal of Economic Theory, 146, 920-956. [33] Krueger, D., K. Mitman … Problems with Limited Commitment,” Journal of Economic Theory, 159, 929-988. [38] Martins-da-Rocha, V. Filipe … but more meaningful argument in terms of economic theory is thus to recognize that the budget constraint …

The Hub-and-Spoke network is a defining feature of the airline industry. This paper is among the first in the literature to introduce an empirical framework for analyzing network competition among …

social and economic net- works,” Journal of economic theory, 1996, 71 (1), 44–74. Jia, Panle, “What happens …

I derive a formula for the equilibrium distribution of markups in the search- theoretic model of imperfect competition of Butters (1977), Varian (1980), and Burdett and Judd (1983). The level …

with Decreasing Returns to Scale.” Journal of Economic Theory, Forthcoming. [28] Mrazova, M., and P. Neary …

Abstract In the long run, we are all dead. Nonetheless, when studying the short-run dynamics of economic models, it is crucial to consider boundary conditions that govern long-run, forward-looking behavior, …

property and stationary equilibrium,” Journal of Economic Theory, 47, 282–306. Mayne, D. Q., J. B. Rawlings … horizon problems: a Sobolev space approach,” Economic Theory, 32, 497–509. 28Zhang, C., S. Bengio, M. Hardt …