|
on History and Philosophy of Economics |
| By: | Mankiw, N. Gregory; Reis, Ricardo |
| Abstract: | This essay discusses the role of Milton Friedman’s presidential address to the American Economic Association, which was given a half century ago and helped set the stage for modern macroeconomics. We discuss where macroeconomics was before the address, what insights Friedman offered, where researchers and central bankers stand today on these issues, and (most speculatively) where we may be heading in the future. |
| JEL: | J1 |
| Date: | 2017–11 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:87163&r=hpe |
| By: | marimuthu, sivakumar; p, santhi; d, gowri |
| Abstract: | History of Economic Thought deals with the origin and development of economic ideas, concepts, laws and theories. It is the process of searching, understanding, analyzing and interpreting the economic ideas. It is imperative to study the economic history to gain knowledge about economic theories. If one wants to understand the present phenomena clearly he has to know what happened in the past.This study deals with the ideas of Lewis Henry Haney about the very important basic economic concept i.e., “value”. It can be understood that starting from the Greek Philosopher like Aristotle so many economists carry out the analysis and interpretation of the idea of ‘value’. Among them Lewis Henry Haney, is one of the notably Economic Historian who indulged in analyzing the ‘value’ concept. That can be traced in his famous book titled ‘Value and Distribution’. |
| Keywords: | economic thought, haney, value, exchange value, subjective value, objective value |
| JEL: | B3 B31 |
| Date: | 2018–03–15 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:85231&r=hpe |
| By: | Flavia Palazzi (UGA UFR ARSH - Université Grenoble Alpes - UFR Arts & Sciences Humaines - UGA - Université Grenoble Alpes); Francesco Iury Forte |
| Abstract: | The essay aims to analyze the phenomenon of corporate social responsibility, which originated in the United States in the fifties but became a reality widespread in recent decades, from a philosophical-economic point of view and as the Socratic question "how to live ? ", Reproposed by the Nobel Prize winner for economics Amartya Sen, as well as his reflections on the ethical origins of the economy, lead us to reflect on new ways through which the company influences social values. From crowdfunding to the experiences of free-form enterprises, where time and space are decentralized. The phenomenon is interesting from an economic point of view: in fact, new forms of competitiveness are sought in the knowledge that the ultimate goal of the company remains profit, but also and above all ethical and social where new ways of doing business are changing society , while society itself requires innovative models in the way of doing business in its liquid and globalized variability. The need to find new measures of quality of life is also linked to these reflections. In 2008, a commission set up by the then President Nicolas Sarkozy and composed of some Nobel prizes including Amartya Sen, Jean Paul Fitoussi and Joseph Stigltiz, despite not having had a large following, began studying alternative measures to GDP that took into account happiness and of the welfare of the population. The order of economic indices so far known is therefore to be confronted with the disorder of a society that is reorganizing according to renewed models and desperately seeking new certainty, in the economic and political fields; starting from the crisis of homo oeconomicus, of overcoming the mere rationality about human choices in the economic field, if the request of society is that of a greater attention to ethics, to the responsibility in the consumption of resources and in respect of human rights, the governments that in the future will have the objective of guiding the economy and, in turn, not being guided, will have to take it into account and identify new answers to these questions, in order to put the economy back to the full service of man. |
| Abstract: | Il saggio mira ad analizzare il fenomeno della responsabilità sociale d’impresa, che ha avuto origine negli Stati Uniti negli anni Cinquanta ma divenuta una realtà diffusa negli ultimi decenni, da un punto di vista filosofico-economico e come la domanda socratica «come bisogna vivere?», riproposta dal premio Nobel per l’economia Amartya Sen, nonché le sue riflessioni sulle origini etiche dell’economia, ci inducano a riflettere su nuove modalità attraverso cui l’impresa influenza i valori sociali. Dal crowdfunding alle esperienze della free-form enterprises, in cui il tempo e lo spazio sono decentrati. Il fenomeno è interessante da un punto di vista economico: si cercano infatti nuove forme di competitività pur nella consapevolezza che il fine ultimo dell’impresa resta il profitto, ma anche e soprattutto etico-sociale laddove i nuovi modi di fare impresa stanno cambiando la società, mentre la società stessa richiede, nella sua variabilità liquida e globalizzata, modelli innovativi nel modo di fare impresa. A queste riflessioni si collega anche la necessità di trovare nuove misure della qualità della vita. Nel 2008, una Commissione istituita dall’allora Presidente Nicolas Sarkozy e composta da alcuni premi Nobel tra cui Amartya Sen, Jean Paul Fitoussi e Joseph Stigltiz, malgrado non abbia avuto grande seguito, iniziò a studiare misure alternative al PIL che tenessero conto della felicità e del benessere della popolazione. L’ordine degli indici economici fino ad ora conosciuti si trova quindi a doversi confrontare con il disordine di una società che si sta riorganizzando secondo modelli rinnovati e che cerca disperatamente nuove certezze, in campo economico e politico; a partire dalla crisi dell’homo oeconomicus, del superamento della mera razionalità circa le scelte umane in ambito economico, se la richiesta della società è quella di una maggiore attenzione all’etica, alla responsabilità nel consumo delle risorse e nel rispetto dei diritti umani, i governi che in futuro avranno come obiettivo quello di guidare l’economia e, non esserne a loro volta guidati, dovranno tenerne conto e individuare nuove risposte a queste domande, al fine di porre di nuovo l’economia al pieno servizio dell’uomo. |
| Date: | 2018–03–19 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01737858&r=hpe |
| By: | Martin Shubik (Cowles Foundation, Yale University) |
| Abstract: | Money is a mystery and financial institutions are often regarded as guardians and promoters of the mystery. These sketches are designed to help an individual interested in, but not technically trained in economics, understand markets, money, credit and the evolution of a mass market system embedded in the rich context of its political environment and society. The efficient functioning of a dynamic economy requires the presence of money and financial institutions. The great variety of financial institutions in any advanced economy requires that a synthetic approach is used to understand what the whole looks like. Verbal description provides an overarching view of the mixture of history, law, philosophy, social mores, and political structure that supplies the context for the functioning of the economy. This has been vividly illustrated by Adam Smith, his teacher the Reverend Francis Hutcheson and his close friend David Hume. There are two different but highly allied themes in this single slim volume. Chapters 1, 2, and 3 supply the rich context of history, society, polity and law in which every economy is embedded. Chapters 12 and 13 sketch what might lie ahead given the current state of the world. These chapters require no symbols or technical depth. In contrast Chapters 4 to 11 offers a reasonably nontechnical exposition of some of the considerable development in formal economic theory pertaining to money and financial institutions as economics struggles towards emerging as a science, balancing quantitative measures with qualifications that help to explain what the numbers mean. |
| Keywords: | Evolution of money, Coordination, Division of labor |
| JEL: | C70 D21 |
| Date: | 2018–01 |
| URL: | http://d.repec.org/n?u=RePEc:cwl:cwldpp:2118&r=hpe |
| By: | Sandmo, Agnar (Dept. of Economics, Norwegian School of Economics and Business Administration) |
| Abstract: | In the late 1940s, Ragnar Frisch published two articles in Norwegian that constitute a pioneering attempt to apply welfare economics to a problem of economic policy. The main contention of the articles is that there exists a fundamental externality in the labour market because the marginal productivity of labour depends both on input in the individual unit and on total labour use in the economy. While inspired by the problems of post‐war reconstruction, Frisch came to regard it as a general problem in a decentralized economy, and he explores its consequences for wage and tax policy. While Frisch attached great importance to the analysis, it has received little attention in the subsequent literature. |
| Keywords: | Welfare economics; Labour productivity |
| JEL: | H53 |
| Date: | 2017–12–01 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:nhheco:2018_002&r=hpe |
| By: | Gabriele Chierchia (Center for Mind/Brain Science, University of Trento, and Max Planck Institute for Human Cognitive and Brain Sciences); Fabio Tufano (School of Economics, University of Nottingham); Giorgio Coricelli (Center for Mind/Brain Science, University of Trento, and Department of Economics, University of Southern California) |
| Abstract: | It is commonly assumed that friendship should generally benefit agents’ ability to tacitly coordinate with others. However, this has never been tested on two “opposite poles†of coordination, namely, games of strategic complements and substitutes. We present an experimental study in which participants interact with either a friend or a stranger in two classic games: the stag hunt game, which exhibits strategic complementarity, and the entry game, which exhibits strategic substitutability. Both games capture a frequent trade-off between a potentially high paying but uncertain action and a lower paying but safe alternative. We find that, relative to strangers, friends exhibit a propensity towards uncertainty in the stag hunt game, but an aversion to uncertainty in the entry game. Friends also “tremble†less than strangers, coordinate better and earn more in the stag hunt game but these advantages are largely decreased, and almost entirely lost in the entry game. Friendship thus appears to have a very different impact on coordination games involving strategic complements and substitutes. We further investigate the role of interpersonal similarities and friendship qualities in this differential impact. |
| Keywords: | coordination; entry game; friendship; strategic complementarity; strategic substitutability; stag hunt game; strategic uncertainty |
| Date: | 2018–01 |
| URL: | http://d.repec.org/n?u=RePEc:not:notcdx:2018-01&r=hpe |
| By: | Mukand, Sharun W. (University of Warwick); Rodrik, Dani (Harvard University) |
| Abstract: | We develop a conceptual framework to highlight the role of ideas as a catalyst for policy and institutional change. We make an explicit distinction between ideas and vested interests and show how they feed into each other. In doing so the paper integrates the Keynes-Hayek perspective on the importance of ideas with the currently more fashionable Stigler-Becker (interests only) approach to political economy. We distinguish between two kinds of ideational politics { the battle among different worldviews on the efficacy of policy (worldview politics) versus the politics of victimhood, pride and identity (identity politics). Political entrepreneurs discover identity and policy `memes' (narratives, cues, framing) that shift beliefs about how the world works or a person's belief of who he is (i.e. identity). Our framework identifies a complementarity between worldview politics and identity politics and illustrates how they may reinforce each other. In particular, an increase in identity polarization may be associated with a shift in views about how the world works. Furthermore, an increase in income inequality is likely to result in a greater incidence of ideational politics. Finally, we show how ideas may not just constrain, but also `bite' the interests that helped propagate them in the rst instance. |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:wrk:warwec:1163&r=hpe |
| By: | Blanche Segrestin (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - PSL Research University - CNRS - Centre National de la Recherche Scientifique); Franck Aggeri (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - PSL Research University - CNRS - Centre National de la Recherche Scientifique); Albert David (MLab - DRM - Dauphine Recherches en Management - Université Paris-Dauphine - CNRS - Centre National de la Recherche Scientifique); Pascal Le Masson (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - PSL Research University - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | Armand Hatchuel's work marks a turning point in management research and paves the way for a refoundation of management science. Hatchuel's research deals with organizational metabolism rather than organizational change, as he is concerned with the drivers of change and with the organization of innovative collective action. Several theoretical milestones can be put forward. First, Hatchuel offers a theory of the cognitive processes of generativity: while decision theory targets optimization by supporting the selection of a solution, " C-K theory " is a design theory. It accounts for the generation of new alternatives by expanding what is known, this process being driven by desirable unknowns. This theory has provided the theoretical cornerstone characterizing the rationality and organization of innovative or design-oriented collective action. Second, in Hatchuel's view, learning and organizational dynamics are tightly bound. Learning processes are hosted and supported by social relationships, which, in turn, are shaped by the distribution of knowledge. Hatchuel proposes a theory of collective action whereby knowledge and relationships are involved in a dynamic interplay: this theory shows that both markets and hierarchies are special and highly unstable forms of organization, because they imply that either knowledge or relationships are frozen. Management scholars contribute to the study of gener-ative forms of collective action: Hatchuel argues that management science, far from being applied economics or applied sociology, is a basic science devoted to the design and study of new models of collective action. He therefore opens up promising avenues for programs on post-decision paradigms and creative institutions. |
| Keywords: | Innovation management, Design theory ,Collective action,Management sciences, Innovation , Generativity |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01516296&r=hpe |
| By: | Schouten, Jop (Tilburg University, Center For Economic Research); Borm, Peter (Tilburg University, Center For Economic Research); Hendrickx, Ruud (Tilburg University, Center For Economic Research) |
| Abstract: | The concept of Berge equilibria is based on supportive behavior among the players: each player is supported by the group of all other players. In this paper, we extend this concept by maintaining the idea of supportive behavior among the players, but eliminating the underlying coordination issues. We suggest to consider individual support rather than group support. The main idea is to introduce support relations, modeled by derangements. In a derangement, every player supports exactly one other player and every player is supported by exactly one other player. Subsequently, we dene a new equilibrium concept, called a unilateral support equilibrium, which is unilaterally supportive with respect to every possible derangement. We show that a unilateral support equilibrium can be characterized in terms of pay-offfunctions so that every player is supported by every other player individually. Moreover, it is shown that every Berge equilibrium is also a unilateral support equilibrium and we provide an example in which there is no Berge equilibrium, while the set of unilateral support equilibria is non-empty. Finally, the relation between the set of unilateral support equilibria and the set of Nash equilibria is explored. |
| Keywords: | mutual support equilibria; Berge equilibria; unilateral support equilibria |
| JEL: | C72 |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:tiu:tiucen:02dd1da8-0dad-48f8-8fe1-63ae3532d291&r=hpe |
| By: | Kurrild-Klitgaard, Peter |
| Abstract: | Abstract. What is the status of rational choice theory in contemporary European political science? Compared with a quarter-century ago, the rational choice approach is still far from being the paradigm of work in the discipline, but looking at both anecdotal evidence and information derived from journal citations and textbook contents, it seems that the number of political scientists working wholly or partly within the public choice approach has grown markedly, and that its contribution to the mainstream of the field is strong. |
| Keywords: | Keywords: Public choice; political science; comparative politics; history of thought; paradigms. |
| JEL: | B10 B2 B29 D71 D72 D73 D74 H1 H3 H4 |
| Date: | 2018–03 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:85710&r=hpe |
| By: | Fratini, Saverio M. (Roma Tre University) |
| Abstract: | The second stage of the Cambridge capital controversy concerns the neo-Walrasian theory of value and distribution. Since production is not understood in this theory as employing factors of production but rather commodities, i.e. goods and services with date and place of delivery, some scholars maintained that it is not affected by the problems that emerged, during the first stage of the controversy, as regards the conception of capital as a factor of production and the rate of interest as the price for its use. The reply of the ‘neo-Ricardians’ was based on two arguments. The first regarded the relevance of the new notions of equilibrium adopted in the neo-Walrasian approach, with particular reference to temporary and Arrow-Debreu equilibria, and the second the possibility that the phenomena of re-switching and reverse capital deepening, by affecting the working of the saving-investment market, could cause equilibrium multiplicity and instability also in a neo-Walrasian framework. |
| Keywords: | Cambridge capital controversy; neo-Walrasian theory; Arrow-Debreu equilibrium; saving-investment market |
| JEL: | B51 D33 D50 |
| Date: | 2018–04 |
| URL: | http://d.repec.org/n?u=RePEc:ris:sraffa:0030&r=hpe |
| By: | Calleja, Pere; Llerena Garrés, Francesc |
| Abstract: | The Shapley value (Shapley, 1953) has been axiomatically characterized from different points of view. Van den Brink (2001) proposes a characterization by means of efficiency, fairness and the null player property. In this paper, we characterize the family of single-valued solutions obtained by relaxing fairness into weak fairness. To point out the Shapley value, we impose the additional axiom of weak self consistency and strengthen the null player property into the dummy player property. |
| Keywords: | Jocs cooperatius (Matemàtica), 33 - Economia, |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:urv:wpaper:2072/306979&r=hpe |
| By: | Zvika Neemam (Tel Aviv University); Aniko Ory (Cowles Foundation, Yale University); Jungju Yu (Yale School of Management) |
| Abstract: | We study a model of reputation with two long-lived ?rms that sell their products under a collective brand or under two di?erent individual brands. Firms face a moral hazard problem because their quality investments are not observed. Investments can only be sustained due to reputational concerns. In a collective brand, consumers cannot distinguish between the two ?rms. We show that in the long run, this makes it harder to establish a good reputation because of the incentives to free-ride on the other ?rm’s investments. But in the short run it mitigates the temptation to milk good reputation. Consequently, a collective brand can provide stronger incentives to invest in quality if ?rms are su?iciently impatient. We explain the connection between incentives and the type of industry in which the ?rms operate as captured by the underlying signal structure and consumers’ prior beliefs. We discuss the relation to country-of-origin labelling, agricultural cooperatives, and other collective brands. |
| Keywords: | Branding, Collective reputation, Commitment, Country of origin |
| JEL: | C70 D21 D40 D70 L10 L50 |
| Date: | 2016–12 |
| URL: | http://d.repec.org/n?u=RePEc:cwl:cwldpp:2068r&r=hpe |
| By: | José-Antonio Espín-Sánchez (Cowles Foundation, Yale University); Álvaro Parra (Sauder School of Business) |
| Abstract: | We study market entry decisions when firms have private information about their profitability. We generalize current models by allowing general forms of market competition and heterogeneous firms that self-select when entering the market. Post-entry profits depend on market structure, and on the identities and the private information of the entering firms. We introduce a notion of the firm's strength and show that an equilibrium where players' strategies are ranked by strength, or herculean equilibrium, always exists. Moreover, when profits are elastic enough with respect to the firm's private information, the herculean equilibrium is the unique equilibrium of the game. |
| Keywords: | Entry, Oligopolistic markets, Private Information |
| Date: | 2018–04 |
| URL: | http://d.repec.org/n?u=RePEc:cwl:cwldpp:2126&r=hpe |
| By: | Paul Hubert (OFCE - OFCE - Sciences Po); Giovanni Ricco (OFCE - OFCE - Sciences Po) |
| Abstract: | Cet article présente les contributions théoriques et empiriques récentes à la littérature macroéconomique qui remettent en question l'hypothèse d’information parfaite. En prenant en compte les frictions informationnelles rencontrées par les agents économiques, il est possible d'expliquer certaines des régularités empiriques qui ne peuvent pas être expliquées par le cadre standard des anticipations rationnelles avec information parfaite. À titre d’exemple, nous montrons que l’estimation du signe, de l’ampleur et de la persistance des effets des politiques monétaires et budgétaires peuvent varier lorsque l’on prend en compte les frictions informationnelles auxquelles sont confrontés les acteurs économiques. |
| Keywords: | Frictions informationnelles,Information imparfaite,Politiques économiques |
| Date: | 2017–12 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01701447&r=hpe |
| By: | Salles, Maurice |
| Abstract: | This paper describes an unknown episode in the development of the theory of social choice. In the Summer 1949, while at RAND, Quine worked on Arrow’s (im)possibility theorem. This work was eventually published as a paper on (applied) set theory totally disconnected from social choice. The working paper directly linked to Arrow’s work was never published. I alluded to this (then unwritten) paper in a number of presentations I made on ‘Logic and Social Choice’ in Turku, Bucharest, Boston, Strasbourg and Munich, between October 2013 and January 2015. It was eventually first presented during a conference at Queen Mary, University of London, 19–20 June 2015, on ‘Social Welfare, Justice and Distribution: Celebrating John Roemer’s Contributions to Economics, Political Philosophy and Political Science’, organized by Roberto Veneziani and Juan Moreno-Ternero. I am grateful to the participants for interesting reactions and comments, in particular Richard Arneson, Jon Elster, Marc Fleurbaey, Klaus Nehring and Gil Skillman. Jon Elster contacted Dagfinn Føllesdal, a well-known philosopher and a pre-eminent Quine scholar, who kindly responded to some queries. A more developed version was presented in Aix-en-Provence during the International Conference on Economic Philosophy and in Lund during the meeting of the Society for Social Choice and Welfare in June 2016. Comments of participants to these two events revealed to be very helpful, among which comments by Gilles Campagnolo, Christian List and John Weymark. While in Lund, I also greatly benefitted from conversations with Adrian Miroiu. Finally, I am very grateful to an Associate Editor of this journal for excellent suggestions and for detecting some very annoying slips. |
| JEL: | C7 D7 |
| Date: | 2017–04–01 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:73457&r=hpe |
| By: | Francesco Saraceno (OFCE - OFCE - Sciences Po) |
| Abstract: | Le Nouveau Consensus qui a dominé la macroéconomie à partir des années quatre-vingt reposait sur une structure fondamentalement néoclassique : des marchés efficients qui convergent seuls à l'équilibre naturel et un rôle très limité pour la politique macroéconomique (surtout monétaire) pour lisser les fluctuations. La crise a ébranlé ce Consensus en marquant le retour en force de l'activisme budgétaire et monétaire, au moins dans le débat académique. La profession s'interroge donc sur les piliers du Consensus, allant de la taille du multiplicateur à la mise en place des réformes, en passant par les liens entre cycle et tendance. Il est encore trop tôt pour savoir à quoi ressemblera la macroéconomie de demain. Mais il faut espérer qu'elle sera plus éclectique et ouverte. |
| Keywords: | Crise économique,Politique budgétaire,Nouveau Consensus,Réformes |
| Date: | 2017–12 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01701458&r=hpe |
| By: | Halford, Susan; Savage, Mike |
| Abstract: | Recent years have seen persistent tension between proponents of big data analytics, using new forms of digital data to make computational and statistical claims about ‘the social’, and many sociologists sceptical about the value of big data, its associated methods and claims to knowledge. We seek to move beyond this, taking inspiration from a mode of argumentation pursued by Piketty, Putnam and Wilkinson and Pickett that we label ‘symphonic social science’. This bears both striking similarities and significant differences to the big data paradigm and – as such – offers the potential to do big data analytics differently. This offers value to those already working with big data – for whom the difficulties of making useful and sustainable claims about the social are increasingly apparent – and to sociologists, offering a mode of practice that might shape big data analytics for the future |
| Keywords: | big data; computational methods; sociology; symphonic social science; visualisation |
| JEL: | C1 |
| Date: | 2017–12–01 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:87236&r=hpe |
| By: | Jakub Growiec |
| Abstract: | I propose a synthetic theory of economic growth and technological progress over the entire human history. Based on this theory as well as on the analogies with three previous eras (the hunter-gatherer era, the agricultural era and the industrial era) and the technological revolutions which initiated them, I draw conclusions for the contemporary digital era. I argue that each opening of a new era adds a new, previously inactive dimension of economic development, and redefines the key inputs and output of the production process. Economic growth accelerates across the consecutive eras, but there are also big shifts in factor shares and inequality. The two key inputs to the digital-era production process are hardware and software. Human skilled labor is complementary to hardware and substitutable with software, which increasingly includes sophisticated artificial intelligence (AI) technologies. I also argue that economists have not yet designed sufficient measurement tools, economic policies and institutions appropriate for the digital-era economy |
| Keywords: | economic growth, technological progress, unified growth theory, digital economy, artificial intelligence. |
| JEL: | O10 O30 O40 |
| Date: | 2018–04 |
| URL: | http://d.repec.org/n?u=RePEc:sgh:kaewps:2018034&r=hpe |
| By: | Usenata, Nnyeneime |
| Abstract: | The Environmental Kuznets Curve (EKC) conjecture seeks to establish an inverted U-shaped nexus between income per capita and environmental degradation. It posits that at early stages of economic growth and development, environmental degradation rises or increases at an increasing rate. Nonetheless, after some threshold of economic development, the co-movement tends to reverse at higher levels of economic progress. |
| Keywords: | pollution, economic growth, GDP per capita |
| JEL: | Q40 |
| Date: | 2018–02–10 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:85024&r=hpe |
| By: | Crowley, M. |
| Abstract: | This paper discusses the challenges to the world trading system presented by the Brexit vote in the UK and the election of Trump in the U.S. It reviews two recent books and several papers that inform our understanding of these issues. |
| Keywords: | World Trade Organization, trade agreements, world trading system, trade policy |
| JEL: | F02 F13 |
| Date: | 2018–04–06 |
| URL: | http://d.repec.org/n?u=RePEc:cam:camdae:1825&r=hpe |
| By: | Arnaud Berthoud (CLERSE - Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 - Université de Lille, Sciences et Technologies - ULCO - Université du Littoral Côte d'Opale - CNRS - Centre National de la Recherche Scientifique) |
| Date: | 2017–12–06 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01688812&r=hpe |