Now showing items 11-20 of 136
The possibility of factor price equalization, revisited
(Elsevier, 1994-02)
This paper derives a condition for factor price equalization (FPE) in a Heckscher-Ohlin model with many goods, factors, and countries. Using Dixit and Norman's integrated world economy (IWE), two sets, called lenses, are ...
Racial prejudice in a search model of the urban housing market
(Elsevier, 1978-07)
A simple model of buyer search in an urban housing market is employed to demonstrate that if some whites are unwilling to sell housing to blacks competitive equilibria in which blacks pay more for housing than whites are ...
The appropriate extent of intellectual property rights in art
(Kluwer Academic Publishers; Springer Science+Business Media, 1995-06)
The paper examines whether intellectual property rights in art should be extended to the entire world. In earlier papers, the economics of patent rights have been examined and the argument made that world welfare is likely ...
Sectoral effects of reductions in NATO military expenditures in the major industrialized and developing countries
(Kluwer Academic Publishers; Springer Science+Business Media, 1993-09)
We use the Michigan Model of World Production and Trade to assess the sectoral effects of (1) a 25 percent unilateral reduction of military expenditures in the individual NATO countries and (2) a 25 percent multilateral ...
Some fine-tuning for dominant diagonal matrices
(Elsevier, 1989-09)
Given a linear system Ax = b, where A is a dominant diagonal matrix with positive diagonals and non-positive off-diagonals, but b has both positive and negative components, necessary and sufficient conditions on bj are ...
Measurement Error in Prenatal Care Utilization: Evidence of Attenuation Bias in the Estimation of Impact on Birth Weight
(Kluwer Academic Publishers-Plenum Publishers; Plenum Publishing Corporation ; Springer Science+Business Media, 2000-03)
Objective: Errors in the measurement of the timing and number of prenatal care visits may produce downward bias in estimates of the impact of prenatal care use on birth outcomes. This paper examines the extent of attenuation ...
Tax distortions to the choice of organizational form
(Elsevier, 1994-10)
Income from corporate and noncorporate firms is treated very differently under the tax law. In theory, given existing tax law, the noncorporate sector should consist of very profitable firms owned by low-tax-bracket investors ...
Characterization of optima in smooth Pareto economic systems
(Elsevier, 1975)
Simple techniques of calculus and geometry are used to study and characterize the optima of pure exchange economies in which the utility functions are smooth but not necessarily convex. It is also shown how one can reduce ...
On the effects of federal capital taxation on growing and declining areas
(Elsevier, 1983-09)
It has often been claimed that measures designed to stimulate capital formation at the national level will accelerate the decline of regions that are not growing. A number of simple models are employed to evaluate this ...
Addendum to: A bound for the fixed-point index of an area-preserving map with applications to mechanics
(Springer-Verlag, 1976-02)