|
on Heterodox Microeconomics |
|
Issue of 2019‒12‒16
twenty-six papers chosen by Carlo D’Ippoliti Università degli Studi di Roma “La Sapienza” |
| By: | Yoshihara, Naoki; Veneziani, Roberto |
| Abstract: | We study the effects of innovations on income distribution in capitalist economies characterised by a drive to accumulate. Consistent with the basic intuitions of Marx’s theory of technical change, we show that there is no obvious relation between ex-ante profitable innovations and the income distribution that actually emerges in equilibrium, and individually rational choices of technique do not necessarily lead to optimal outcomes. Innovations may even cause the disappearance of all equilibria. Methodologically, it is not possible to fully understand the ‘creative destruction’ induced by innovations without capturing the dialectic between individual choices and aggregate outcomes, and the complex network of relations typical of capitalist economies. |
| Keywords: | technical change, income distribution, profit rate |
| JEL: | O33 D33 B51 |
| Date: | 2019–11 |
| URL: | http://d.repec.org/n?u=RePEc:hit:hituec:702&r=all |
| By: | Citera, Emanuele; Sau, Lino (University of Turin) |
| Abstract: | Ever since the 2008 financial crisis, there has been both a widespread recognition that the mainstream approach on financial markets has failed to anticipate and to justify the crisis and on the need of ex ante and ex post adequate economic policies to cope with such phenomena. The aim of our paper is to provide a theoretical and methodological analysis of the role of conventions as emergent phenomena in financial markets, the latter being thought of as dynamically complex systems. Drawing upon the notion of ‘dynamic complexity’ and Keynes’ view of financial markets, we claim that social conventions can only provisionally stabilize the system, but they will eventually lead to financial instability and crisis. Then, we adopt this framework to investigate the implications for monetary policy to stabilize the system by virtue of the role of central bank to intervene, and thus shape, a convention. In this respect, we consider the credibility of the monetary authority and how it can be exerted through ‘moral suasion’ to control the financial fragility of investors’ balance-sheet positions as well as to affect the convention around the longterm interest rate. |
| Date: | 2019–11 |
| URL: | http://d.repec.org/n?u=RePEc:uto:dipeco:201924&r=all |
| By: | Hamuddin, Budianto; , Dahler; Wardi, Jeni |
| Abstract: | Post print in ISOL 3, Universitas Andalas, Padang. 2017. This study tries to analyze the dominance strategy of politeness used by authors in order to bring about solidarity and respect in selected economic journals. The corpus consists of 78.064 words from 12 different articles from one reputable Economic journal in the United States namely the Economic Growth Journal (EG). The data were taken from six years latest where this study conducted in 2012. The conceptual framework of the present study based on the politeness theory by Brown and Levinson (1978) alongside the application onto scientific writing by Myers (1989) and persuasive tactics proposed by Mulholland (1994). This study calculated in a total of 591 times the authors employ the tactics in order to maintain solidarity and respect in their articles. Positive politeness strategies seem to be the highest frequency (258 times) than the other 3 strategies. The data also reveals that EG authors have used 8 tactics in this strategy and it seems the 3 most used tactics was; by using in-group identity marker (62 times), using an in-group pronoun (59 times), and by informing readers about their research (40 times). This study clearly sees that the strategies and tactics employed by the authors in EG journal has a purposes to bring about solidarity and respect used by EG authors in their articles somehow used to reach the demands of the academic discourse community that expects scientific language to be objective and formal however not losing its intimacy with the economic community members and this is seems in line with the nature of positive politeness strategies. |
| Date: | 2018–03–21 |
| URL: | http://d.repec.org/n?u=RePEc:osf:inarxi:p75gw&r=all |
| By: | Höfer, Tim (E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN)); von Nitzsch, Rüdiger (Chair of Decision Theory and Financial Services); Madlener, Reinhard (E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN)) |
| Abstract: | The future transformation of the energy system is a contentious topic, involving a variety of conflicting opinions and interests. In order to structure and evaluate these opinions, we develop a group decision-making process with professional stakeholders and energy experts. The aim of this process is to develop a common objective system for the energy transition and to evaluate four possible energy transition alternatives for Germany until 2030. The stakeholders are involved in every step of the decision-making process – the development of the alternatives, the definition of the objective system, and the final evaluation of the alternatives. We apply Value-Focused Thinking (VFT) to define and structure the objectives of the stakeholders and use Multi-Attribute Utility Theory (MAUT) to evaluate the preferences of the stakeholders towards these objectives. The results show that a majority of the stakeholders prefers the energy transition alternative, which has the highest ambitions to limit climate change. A minority prefers the pan-European alternative where Germany’s power system is further integrated into the European energy system. |
| Keywords: | Group Decision-Making; MAUT; Value-Focused Thinking; Energy Scenarios |
| JEL: | D70 D81 D90 Q40 |
| Date: | 2019–04–01 |
| URL: | http://d.repec.org/n?u=RePEc:ris:fcnwpa:2019_004&r=all |
| By: | Quentin Couix (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, UP1 - Université Panthéon-Sorbonne) |
| Abstract: | From a historical and methodological perspective, this paper focuses on empirical work on energy based on the aggregate production function, from the early 1970s to the late 2000s. It starts with the standard neoclassical approach, and in particular the controversy over the substitutability between capital and energy. Then it tackles the thermodynamic approach, which focuses on the explanation of the long-term growth. It shows continuity in the methodological issues raised by this work. At the theoretical level, the aggregate production function offers little conceptual insight into the physical aspects of the production process. At the empirical level, the results of estimates of energy production functions raise questions. In the neoclassical framework, the estimation is done indirectly through the cost function, so that the result is overdetermined by the marginal productivity pricing assumption. The thermodynamic approach proceeds in the opposite direction to a direct estimate, which encounters statistical problems no less important. If these difficulties relate more generally to the aggregate production function, energy issues reveal them in a very striking way. |
| Abstract: | Dans une perspective historique et méthodologique, cet article s'intéresse aux travaux empiriques sur l'énergie qui reposent sur la fonction de production agrégée du début des années 1970 à la fin des années 2000. Il traite dans un premier temps de l'approche néoclassique standard, et en particulier de la controverse sur la substituabilité entre le capital et l'énergie. Puis il aborde l'approche thermodynamique, davantage tournée vers l'explication de la croissance à long terme. Il montre une continuité dans les enjeux méthodologiques soulevés par ces travaux. Au niveau théorique, la fonction de production agrégée offre peu de prise conceptuelle pour rendre compte des aspects physiques du processus de production. Au niveau empirique, les résultats des estimations de fonctions de production avec énergie soulèvent des interrogations. Dans le cadre néoclassique, l'estimation est réalisée de manière indirecte via la fonction de coût, de sorte que le résultat est surdéterminé par l'hypothèse de rémunération à la productivité marginale. L'approche thermodynamique procède à l'inverse à une estimation directe, qui rencontre des problèmes statistiques non moins importants. Si ces difficultés concernent de manière plus générale la fonction de production agrégée, la question de l'énergie les révèle de façon très frappante. |
| Keywords: | energy,aggregate production function,growth accounting,thermodynamics,énergie,fonction de production agrégée,comptabilité de la croissance,thermodynamique |
| Date: | 2019–11 |
| URL: | http://d.repec.org/n?u=RePEc:hal:cesptp:halshs-02385521&r=all |
| By: | Jean-Michel Salles (CEE-M - Centre d'Economie de l'Environnement - Montpellier - FRE2010 - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier - UM - Université de Montpellier - INRA - Institut National de la Recherche Agronomique) |
| Abstract: | From an economic perspective, damage and loss valuation aims first at justifying climate change mitigation efforts. But the difficulties related to the heterogeneity of the damage and the time horizon of the impacts make the results very contingent of the computation hypotheses.The debate thus focused on the social cost of carbon, driven by the idea of basing climate change policies on emission pricing. But damage assessment could also be used as a basis for compensating victims. Although the idea of climate justice is struggling to establish the basis for this compensation, international negotiations have begun to lay the groundwork for it through the Warsaw Mechanism, which remains however far from this goal. |
| Abstract: | Dans une perspective économique, l'évaluation des pertes et dommages vise d'abord à justifier les efforts d'atténuation du changement climatique. Mais les difficultés liées à l'hétérogénéité des dommages et l'horizon temporel des impacts rendent les résultats très contingents des hypothèses de calcul. Le débat s'est ainsi focalisé sur le coût social du carbone, porté par l'idée de baser les politiques de lutte contre le changement climatique sur une tarification des émissions. Mais l'évaluation des dommages pourrait aussi servir de base à une compensation des victimes. Même si l'idée d'une justice climatique peine à établir les bases de cette compensation, les négociations internationales ont commencé à en poser des jalons à travers le Mécanisme de Varsovie qui reste cependant loin de cet objectif. |
| Keywords: | eEconomic valuation,Climate change,Compensation,Economic valuation,Loss and damage,Social cost of carbon,coût social du carbone,pertes et préjudices,évaluation économique,changement climatique |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:halshs-02131892&r=all |
| By: | Guillaume Compain (IRISSO - Institut de Recherche Interdisciplinaire en Sciences Sociales - Université Paris-Dauphine); Philippe Eynaud (IAE Paris - Sorbonne Business School); Lionel Maurel (InSHS - Institut des Sciences Humaines et Sociales); Corinne Vercher-Chaptal (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | L'économie collaborative est traversée par une diversité de récits et de pratiques qui rendent cette notion ambiguë. D'un côté, se revendiquent de l'économie collaborative de puissantes entreprises-plateformes qui sont conçues pour capter, traiter et contrôler des quantités de plus en plus importantes de données dans l'espoir de dégager des niveaux élevés de profits. De l'autre côté, on y trouve des plateformes collaboratives qui visent à s'émanciper des principes purement marchands pour placer le partage et la solidarité au cœur de leurs modèles de développement. Une étude qualitative conduite en France auprès d'un échantillon de neuf plateformes de ce deuxième type permet de faire ressortir deux résultats. Premièrement, les alternatives étudiées se caractérisent par une dynamique de réencastrement sur au moins l'une des trois marchandises fictives identifiées par Polanyi (le travail, la monnaie et la nature). Deuxièmement, elles visent à dépasser l'opposition classique entre la stratégie d'ouverture des communs numériques et l'approche - plus fermée - par la propriété collective du coopérativisme de plateformes. Elles opèrent ce dépassement via des pratiques de mutualisations et d'alliances et une gouvernance multi parties prenantes construites autour de l'intérêt général. Ce faisant, les plateformes collaboratives inventent les contours d'un possible renouvellement de l'action publique et pose les bases d'une réponse organisée face aux défis de la transition sociale et écologique. |
| Keywords: | Communs numériques,coopérativisme de plateformes,économie substantive |
| Date: | 2019–05 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-02144472&r=all |
| By: | Daniel Serra (CEE-M - Centre d'Economie de l'Environnement - Montpellier - FRE2010 - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier - UM - Université de Montpellier - INRA - Institut National de la Recherche Agronomique) |
| Abstract: | As any nascent discipline, neuroeconomics raises many questions. The article reports on the main debates and controversies that neuroeconomics has aroused in the literature. Three major issues relating to the status of knowledge produced are addressed. Are results reliable? Are they scientifically legitimate? What is their usefulness for an economist? This framework allows to assess the main criticisms addressed to neuroeconomics and the nature of the parades which can be deployed. |
| Abstract: | Comme toute discipline émergente, la neuroéconomie soulève bon nombre de questions donnant lieu à débats et controverses. L'article en rend compte en les regroupant autour de trois questions majeures qui portent sur le statut des connaissances à ce jour produites : Des connaissances certaines ? Des connaissances scientifiquement justifiées ? Des connaissances utiles à l'économiste ? Sans prétendre à l'exhaustivité, ce cadre d'analyse permet d'apprécier les lignes de force des principales critiques adressées à la neuroéconomie en même temps que la nature des parades susceptibles d'être déployées |
| Keywords: | Neuroéconomie,economie comportementale,economie expérimentale,méthodologie économique,epistémologie scientifique |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:halshs-02160911&r=all |
| By: | Kurniasih, Nuning (Universitas Padjadjaran); Yusup, Pawit M.; Kuswarno, Engkus |
| Abstract: | Abstract- Women have a significant role in maintaining families’ economic stability. This study aims to be able to empower women’s potency to work and to run a business in order to support their family’s economy in Sukamukti village, Pamarican of Ciamis District, West Java, Indonesia. This is a sustained study for three years based on action research, which has been going since 2015 till 2017. In the third year, 2017, this study focused to monitor the development of the business models initiated back in 2015 to 2016. The monitoring itself was done by conducting participative observation, holding entrepreneurship training, providing books to improve knowledge and skills, and focus group discussion with the two business groups, namely, “Wanita Mandiri” and “Dewi Catering”, currently operating with 30 women members. This study results show the increasing knowledge and skills of Sukamukti women, also the income they received from working and that running a business can help supporting their husband and increasing their family’s economy. This study might contribute in developing a micro economy based on women’s empowerment in the villages. |
| Date: | 2017–12–31 |
| URL: | http://d.repec.org/n?u=RePEc:osf:inarxi:bhmyp&r=all |
| By: | Jacques Fontanel (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - UGA - Université Grenoble Alpes) |
| Abstract: | L'éthique est une branche de la philosophie morale, une discipline empirique, appliquée à un contexte politique, religieux et social déterminé. Les relations entre l'économie et la guerre ont souvent été génétiques, parfois positives, souvent dangereuses et perverses. En soi, la guerre n'a pas d'éthique bien définie, même si elle cherche, au niveau international, à fixer des règles à respecter dans ses actions et ses effets. L'éthique de l'économie elle-même est dépendante des valeurs politiques qui l'accompagnent dans son organisation et ses règles. Si le profit est recommandé dans le capitalisme, il était fermement condamné dans d'autres systèmes d'organisation et de pensées. |
| Keywords: | Ethique,Economie politique,mercantilisme,libéralisme,religions |
| Date: | 2019–10–15 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-02329332&r=all |
| By: | Guillaume Compain (Université Paris-Dauphine, PSL Research University); Philippe Eynaud (GREGOR - Groupe de Recherche en Gestion des Organisations - UP1 - Université Panthéon-Sorbonne - IAE Paris - Sorbonne Business School); Lionel Morel (CNRS - Centre National de la Recherche Scientifique); Corinne Vercher-Chaptal (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | L'économie collaborative est traversée par une diversité de récits et de pratiques qui rendent cette notion ambiguë. D'un côté, se revendiquent de l'économie collaborative de puissantes entreprises-plateformes qui sont conçues pour capter, traiter et contrôler des quantités de plus en plus importantes de données dans l'espoir de dégager des niveaux élevés de profits ; de l'autre côté, on y trouve des plateformes collaboratives qui visent à s'émanciper des principes purement marchands pour placer le partage et la solidarité au cœur de leurs modèles de développement. Une étude qualitative conduite en France auprès d'un échantillon de neuf plateformes de ce second type permet de faire ressortir deux résultats. Premièrement, les plateformes étudiées se caractérisent par une dynamique de réencastrement sur au moins l'une des trois marchandises fictives identifiées par Polanyi (le travail, la monnaie et la nature). Deuxièmement, elles visent à dépasser l'opposition classique entre la stratégie d'ouverture des communs numériques et l'approche - plus fermée - par la propriété collective du coopérativisme de plateformes. Les initiatives étudiées opèrent ce dépassement via des pratiques de mutualisations et d'alliances et une gouvernance multi parties prenantes construites autour de l'intérêt général. Ce faisant, les plateformes collaboratives inventent les contours d'un possible renouvellement de l'action publique et pose les bases d'une réponse organisée face aux défis de la transition sociale et écologique. |
| Keywords: | Plateformes,Communs numériques,Coopérativisme de plateformes,Economie substantive. |
| Date: | 2019–05–24 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:halshs-02140103&r=all |
| By: | Gehrig, Stefan; Mesoudi, Alex (University of Exeter); Lamba, Shakti |
| Abstract: | Microfinance is an economic development intervention that involves credit provision to low-income entrepreneurs. Lenders typically require joint liability, where borrowers share the responsibility of repaying a group loan. We argue that this lending practice is subject to the same fundamental cooperation problem faced by other organisms in nature, and consequently evolutionary theories of cooperation from the biological sciences can provide new insights into loan repayment behaviour. This could both inform the design of microfinance institutions, and offer a real-world test case for evolutionary theories of cooperation. We first formulate evolutionary hypotheses on group loan repayment based on assortment mechanisms like kin selection, reciprocity or partner choice. We then test them by reviewing 40 studies on micro-borrowers’ loan repayment from 31 countries. We find more supportive than contrary evidence for the hypotheses, but results are generally mixed, generating avenues for future research within this framework. Finally, we present an evolutionary game-theoretic model of group lending as a threshold public goods game which further explains some empirical findings and generates new predictions on repayment rates. Our work shows how understanding the evolution of cooperation can guide economic development interventions and, more generally, offer ultimate explanatory theories for phenomena studied by social scientists. |
| Date: | 2019–10–21 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:tmpqj&r=all |
| By: | Hasan, Zubair |
| Abstract: | Human beings are the most important source of economic progress as well as end users of its fruits. The performance of both the sectors – public and private – is a function of workers’ efficiency – moral and professional. The moral dimension is internal to human beings. It is difficult to measure and separate from the professional. The objective criteria in material terms, as opposed to spiritual, emphasize the reduction of income inequalities and eradication of poverty. But it misses a vital causative ingredient - inequality of access to knowledge and information which is essentially systemic and structural in modern social orders. In mundane measures for promoting equality, the concern for meeting the basic needs of the masses – food, clothing, shelter, education and health care – has long remained on the scene. With the turn of the century, however, need fulfillment seems losing ground to the guaranteeing of a universal minimum income to each national ensuring a reasonably decent living. This paper looks at the two alternatives from an Islamic perspective. It supports in conclusion need fulfillment as a better measure to universal income for ameliorating the fate of the poor. |
| Keywords: | Human development, Basic needs, Universal basic income, Islamic perspective. |
| JEL: | H3 I3 |
| Date: | 2019–09 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97026&r=all |
| By: | Dewan, Yasir (Tilburg University, School of Economics and Management) |
| Abstract: | This dissertation seeks to understand the inconsistency in punishment for corporate crime. Specifically focus is on explaining the variation in reaction to organizational misconduct by social control agents. Social control agents are societal actors endowed by the state or by the public at large to enforce the norms and rules and to sanction the violators. The first chapter of the dissertation explains why it is difficult to punish high-status organizations for their misconduct, and how the eruption of a widespread scandal creates an opportunity for social control agents such as the Securities and Exchange Commission (SEC) to punish – and possibly weed out – the high-status fraudulent organizations. The second chapter explains how the ideology of news organizations and its (mis)alignment with the ideology of the fraudulent organizations influence the extent to which a fraudulent organization receives negative news coverage. Finally, the third chapter explicates how the negative characterization of an organization in the eyes of the focal news organization’s ideology influences the extent to which the news organization stigmatizes this organization during a scandal. Overall, the dissertation speaks to the research that seeks to understand the variation in audiences’ reaction to organizational misconduct, and it seeks to explain the role of status, and of ideology in explicating why social control agents attend to some instances of organizational misconduct and not to others. |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:tiu:tiutis:08d87b94-7449-4a1f-a3ae-0dd6e93345f0&r=all |
| By: | Milo Bianchi (TSE - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole - CNRS - Centre National de la Recherche Scientifique - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales); Philippe Jehiel (PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Panthéon-Sorbonne - ENS Paris - École normale supérieure - Paris - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics, UCL - University College of London [London]) |
| Abstract: | Bundling assets of heterogeneous quality results in dispersed valuations when these are based on investor-specific samples from the pool. A monop olistic bank has the incentive to create heterogeneous bundles only when investors have enough money as in that case prices are driven by more opti- mistic valuations. When the number of banks is sufficiently large, oligopolistic banks choose extremely heterogeneous bundles even when investors have little money and even if this turns out to be collectively detrimental to the banks, which we refer to as a Bundler.s Dilemma. |
| Keywords: | complexnancial products,bounded rationality,disagreement,market efficiency |
| Date: | 2019–07 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:halshs-02183306&r=all |
| By: | Daniel Serra (CEE-M - Centre d'Economie de l'Environnement - Montpellier - FRE2010 - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier - UM - Université de Montpellier - INRA - Institut National de la Recherche Agronomique) |
| Abstract: | The paper is an overview of the main significant advances in the knowledge of brain functioning by modern neuroscience that have contributed to the emergence of neuroeconomics and its rise over the past two decades. These advances are grouped over three non-independent topics referred to as the "emo-rational" brain, "social" brain, and "computational" brain. For each topic, it emphasizes findings considered as critical to the birth and development of neuroeconomics while highlighting some of prominent questions about which knowledge should be improved by future research. In parallel, it shows that the boundaries between neuroeconomics and several recent subfields of cognitive neuroscience, such as affective, social, and more generally, decision neuroscience, are rather porous. It suggests that a greater autonomy of neuroeconomics should perhaps come from the development of studies about more economic policy-oriented concerns. In order to make the paper accessible to a large audience the various neuroscientific notions used are defined and briefly explained. In the same way, for economists not specialized in experimental and behavioral economics, the definition of the main economic models referred to in the text is recalled. |
| Keywords: | neuroeconomics,neuroscience,behavioral economics,experimental economics |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:halshs-02160907&r=all |
| By: | Kuriakose, Francis; Joseph, Janssen |
| Abstract: | The article traces the origin of behavioural development economics and brings out the characteristics of this framework in public policy. |
| Keywords: | Behavioural Development Economics; Neoclassical Economics; Choice Architecture; Nudge; Public Policy |
| JEL: | O12 Z13 |
| Date: | 2019–03–14 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97079&r=all |
| By: | Nora Lustig (Stone Center for Latin American Studies, Department of Economics, Tulane University, CEQ Institute) |
| Abstract: | This paper presents a survey of causes and correction approaches to address the “missing rich” problem in household surveys. “Missing rich” here is a catch-all term for the issues that affect the upper tail of the distribution of income: undercoverage, sparseness, unit and item nonresponse, underreporting and top coding. Upper tail issues can result in serious biases and imprecision of survey-based inequality measures. A number of correction approaches have been proposed. A main distinction is between those that rely on within-survey methods and those that combine survey data with information from external sources such as tax records, National Accounts, rich lists or other external information. Within each category, the methods can correct by replacing top incomes or increasing their weight (reweighting). Correction methods can be nonparametric and parametric. This survey aims to help researchers choose appropriate correction strategies and design robustness tests. |
| Keywords: | top incomes, inequality measures, nonresponse, underreporting, replacing and reweighting methods, imputation, poststratification, Pareto distribution, tax records |
| JEL: | C14 C18 C81 C83 D31 |
| Date: | 2019–11 |
| URL: | http://d.repec.org/n?u=RePEc:tul:ceqwps:75&r=all |
| By: | Sauer, Robert M. (Royal Holloway, University of London); Wilson, John (Duke University); Mantovan, Noemi (Bangor University) |
| Abstract: | A theory that the economic benefits of volunteering are contingent on social class (as defined by similarities in labour market situation) is tested using seven waves of longitudinal data from the British Household Panel Study gathered between 1996 and 2008 and fixed-effects models. Volunteering has a positive effect on earnings, but it is confined to people in professional and managerial occupations. Employees in white and blue collar jobs do not benefit. The study suggests that inconsistent results from previous studies might be due to failure to consider occupational heterogeneity among volunteers. |
| Keywords: | volunteering, earnings, social class |
| JEL: | H4 J31 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp12713&r=all |
| By: | Carlo Milana |
| Abstract: | Paul A. Samuelson's (1966) capitulation during the so-called Cambridge controversy on the re-switching of techniques in capital theory had implications not only in pointing at supposed internal contradiction of the marginal theory of production and distribution, but also in the pursue of vested interests of vested interests in the academic and political world to this day. Based on a new non-switching theorem (Milana, 2019), the present paper demonstrates that Samuelson's capitulation was logically groundless from the point of view of the economic theory of production. |
| Date: | 2019–12 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:1912.01250&r=all |
| By: | Pascale Lambert (Laboratoire REGARDS (EA6292)) |
| Date: | 2019–04 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-02355702&r=all |
| By: | Mehrdad Vahabi (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique) |
| Date: | 2019–09–17 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-02290741&r=all |
| By: | Lucas Bretschger (Center of Economic Research (CER-ETH), ETH Zurich, Switzerland); Karen Pittel (ifo Institute, ifo Center for Energy, Climate and Resources, and LMU Munich) |
| Abstract: | Economic and ecological systems are closely interlinked at a global and a regional level, offering a broad variety of challenging research topics in environmental and resource economics. The successful identi?cation of key questions for current and future research supports development of novel theories, empirical applications, and appropriate policy designs. It allows establishing a future- oriented research agenda whose ultimate goal is an efficient, equitable, and sustainable use of natural resources. The paper aims to identify fundamental topics, current trends, and major research gaps to motivate further development of academic work in the ?field. |
| Keywords: | Environmental and resource economics; survey; key research topics |
| JEL: | Q00 Q2 Q3 Q5 |
| Date: | 2019–12 |
| URL: | http://d.repec.org/n?u=RePEc:eth:wpswif:19-328&r=all |
| By: | Maria Dolores Montoya Diaz; Fernando Antonio Slaibe Postali |
| Abstract: | Attention to issues of scientific integrity and the dissemination of good research practice have grown in all areas. The purpose of this article is to investigate how the guidelines for authors of Brazilian academic journals in the area of Economics are structured on several topics related to the widely accepted good practices of research. The analysis evidenced the absence of important requirements and even a lack of mention of ethical aspects in research. We have also found that three journals have made great progress in this direction and can serve as a basis for perfecting the whole system. Greater dissemination, both through the adoption of more explicit policies by journals and the incorporation of ethics in research in undergraduate and postgraduate programs have the potential to contribute to the dissemination of good research practices and consequently to the improvement of the quality of Brazilian research in Economics. |
| Keywords: | Ethics; Research misconduct; Brazil; Economic Journals; Submission Guidelines |
| JEL: | B49 A13 |
| Date: | 2019–12–12 |
| URL: | http://d.repec.org/n?u=RePEc:spa:wpaper:2019wpecon49&r=all |
| By: | Joel Isaac Román Negroni (Universidad Pontificia Bolivariana (UPB)) |
| Abstract: | This paper is a reflection of the notion: philia as a proposal to think about social coexistence spaces. First, it reviews from Aristotle's philosophical perspective the city notion as a space for encounters of citizen men, who empower through the word what is fair, convenient, and useful. Second, it analyzes from the context of cosmopolis problem in the Hellenic period, how friendship takes a dissociative sense of politics (Λάθε Βιώσας). Finally, it proposes, from the two ethical models, friendship as a key element to think about the social coexistence space. |
| Abstract: | El presente escrito es una reflexión de la noción philía como propuesta para pensar los espacios de convivencia social. En un primer momento, revisar, desde la perspectiva filosófica de Aristóteles, la idea de ciudad como espacio de encuentros de los hombres ciudadanos, que facultan por medio de la palabra acerca de lo que es justo, conveniente y útil. En un segundo momento, analizar en el contexto de las problemáticas de cosmopolitización en la época helénica, cómo la amistad toma un sentido disociativo de la política (Λάθε Βιώσας). Finalmente, proponer a partir de ambos modelos éticos la amistad como elemento clave para pensar los espacios de convivencia social. |
| Keywords: | Aristotle,Epicurus,Friendship,Social coexistence,Politics,Amistad,Aristóteles,Convivencia social,Epicuro,Política |
| Date: | 2019–11–16 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-02366978&r=all |
| By: | Laurens Cherchye; Sam Cosaert; Thomas Demuynck; Bram De Rock |
| Date: | 2020–01–01 |
| URL: | http://d.repec.org/n?u=RePEc:ulb:ulbeco:2013/297188&r=all |