发布求助
文献互助 智能选刊 最新文献

International Journal of Economic Theory最新文献

筛选
英文 中文
R&D financing and production: A new Ricardian specific factor model 研发融资与生产：新的李嘉图特定要素模型
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-07-02 DOI: 10.1111/ijet.12409
Gouranga G. Das, Koushik Kumar Hati, Debkanika Gupta
{"title":"R&D financing and production: A new Ricardian specific factor model","authors":"Gouranga G. Das,&nbsp;Koushik Kumar Hati,&nbsp;Debkanika Gupta","doi":"10.1111/ijet.12409","DOIUrl":"10.1111/ijet.12409","url":null,"abstract":"<p>This paper contributes to the literature on finance, production, and Research and Development (R&amp;D) by investigating the unique possibilities of polarized decisions of entrepreneurs to yield “extreme” points rather than an “interior solution.” Financiers provide credits for employing sector-specific skilled and unskilled workers as well as for R&amp;D. With the objective of maximizing returns, financiers' interest lies in financing R&amp;D <i>only</i> in the skilled sector while the unskilled sector—without innovation—collapses. Such corner solution occurs due to much higher skilled-augmenting technical change guaranteeing maximum prospective return than that in the unskilled. This offers a novel interpretation of a declining share of production workers.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 4","pages":"478-501"},"PeriodicalIF":0.5,"publicationDate":"2024-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141511700","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Trade, labor market rigidity, and distributive share in a generalized oligopolistic equilibrium model 广义寡头垄断均衡模型中的贸易、劳动力市场刚性和分配份额
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-07-02 DOI: 10.1111/ijet.12407
Dibyendu Maiti
{"title":"Trade, labor market rigidity, and distributive share in a generalized oligopolistic equilibrium model","authors":"Dibyendu Maiti","doi":"10.1111/ijet.12407","DOIUrl":"10.1111/ijet.12407","url":null,"abstract":"<p>This paper applies a generalized oligopolistic equilibrium model with labor rigidity under strategic competition between heterogeneous firms, explaining the trade between two similar countries for the declining wage and labor share, the common experiences of many countries worldwide. The specialization effect for the labor movement from a high to less labor-intensive sector arising from the heterogeneous productivity distribution of firms between trading partners dampens the wage more than the joint effect of market size and competition working favorably on it. Despite the wage drop, the trade ambiguously affects employment but unambiguously reduces their distributive share.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 4","pages":"454-477"},"PeriodicalIF":0.5,"publicationDate":"2024-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141511701","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Elasticity of substitution, long-run growth, and convergence speed: A general framework 替代弹性、长期增长和收敛速度：总体框架
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-06-21 DOI: 10.1111/ijet.12408
Manuel A. Gómez
{"title":"Elasticity of substitution, long-run growth, and convergence speed: A general framework","authors":"Manuel A. Gómez","doi":"10.1111/ijet.12408","DOIUrl":"10.1111/ijet.12408","url":null,"abstract":"<p>This paper studies the effect of factor substitution on long-run growth and the convergence speed in the one-sector endogenous-growth model. We consider a general production function that encompasses the most commonly used specifications as particular cases. For two economies with the same initial conditions and parameter values, including the baseline elasticity of substitution (EOS), the one with the higher asymptotic EOS has the higher long-run growth and convergence speed. If the asymptotic EOS is a nondecreasing function of its baseline value, an increase in the baseline EOS entails a higher long-run growth and convergence speed.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 3","pages":"352-370"},"PeriodicalIF":0.5,"publicationDate":"2024-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141511702","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Stockpiling-based pricing and its welfare effects 基于库存的定价及其福利效应
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-06-18 DOI: 10.1111/ijet.12406
Ruochen Li
{"title":"Stockpiling-based pricing and its welfare effects","authors":"Ruochen Li","doi":"10.1111/ijet.12406","DOIUrl":"https://doi.org/10.1111/ijet.12406","url":null,"abstract":"<p>Consumer stockpiling involves the intertemporal demand substitution that allows the firm to differentiate stockpilers from others and employ varying pricing strategies. In this paper, I set up a two-period monopoly model that incorporates consumer stockpiling behavior to investigate the effect of stockpiling-based pricing. In equilibrium, I show that when the level of heterogeneity among consumers is high, consumer stockpiling can be used as a device for the firm to identify preferences and price discrimination. Welfare analysis suggests that consumer stockpiling improves consumer surplus and profit despite the associated stockpiling-based pricing.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 3","pages":"371-391"},"PeriodicalIF":0.5,"publicationDate":"2024-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141967992","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Unemployment volatility: When workers pay costs upon accepting jobs 失业波动：当工人在接受工作时支付成本
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-06-13 DOI: 10.1111/ijet.12405
Rich Ryan
{"title":"Unemployment volatility: When workers pay costs upon accepting jobs","authors":"Rich Ryan","doi":"10.1111/ijet.12405","DOIUrl":"https://doi.org/10.1111/ijet.12405","url":null,"abstract":"<p>Hiring workers is costly. Firms' costs reduce resources that can go to recruitment and amplify how unemployment responds to changes in productivity. Workers also incur up-front costs. Examples include moving expenses and regulatory fees. Workers' costs lessen unemployment volatility and leave resources available for recruitment unchanged. Their influence is bounded by the properties of a matching function. Using adjusted data on job finding, I estimate a bound that ascribes limited influence. The results demonstrate that workers' costs affect outcomes (firms threaten workers with paying the fixed costs again if negotiations fail), but their influence on volatility is less than firms' costs.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 3","pages":"303-333"},"PeriodicalIF":0.5,"publicationDate":"2024-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141967219","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Issue Information: International Journal of Economic Theory 2/2024 期刊信息：国际经济理论杂志 2/2024
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-05-10 DOI: 10.1111/ijet.12378
{"title":"Issue Information: International Journal of Economic Theory 2/2024","authors":"","doi":"10.1111/ijet.12378","DOIUrl":"https://doi.org/10.1111/ijet.12378","url":null,"abstract":"","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 2","pages":"157-158"},"PeriodicalIF":0.5,"publicationDate":"2024-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijet.12378","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140902768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Janus model of money demand 杰纳斯货币需求模型
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-05-07 DOI: 10.1111/ijet.12400
João Ricardo Faria, Peter McAdam
{"title":"The Janus model of money demand","authors":"João Ricardo Faria,&nbsp;Peter McAdam","doi":"10.1111/ijet.12400","DOIUrl":"10.1111/ijet.12400","url":null,"abstract":"<p>We derive a new theoretical model of money demand, which reflects backward- and forward-looking preferences in consumption and utility. The former aspect is captured by standard habit formation, and the latter by anticipation of future consumption preferences. By introducing both of these into the Ramsey–Sidrauski framework, we unveil a new highly general model of money demand. We discuss the model in light of the apparent breakdown of money-demand functions and diminished policy relevance of monetary aggregates.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 3","pages":"334-351"},"PeriodicalIF":0.5,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140937036","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Carbon tariffs and environmental policy: Taxes versus standards 碳关税与环境政策：税收与标准
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-04-10 DOI: 10.1111/ijet.12399
Tsaur-Chin Wu, Chin-Ho Lin, Chia-Jen Chang
{"title":"Carbon tariffs and environmental policy: Taxes versus standards","authors":"Tsaur-Chin Wu,&nbsp;Chin-Ho Lin,&nbsp;Chia-Jen Chang","doi":"10.1111/ijet.12399","DOIUrl":"10.1111/ijet.12399","url":null,"abstract":"<p>This paper compares different environmental policies under free-trade and carbon tariffs. Our findings are as follows. First, taxes and standards of exporting countries become laxer under carbon tariffs than free trade. Next, if an importing country adopts free trade, its welfare is relatively lower (higher) under taxes when the marginal pollution damage is smaller (greater). Conversely, if an importing country implements a carbon tariff policy, its welfare is relatively higher under taxes. Last, the importing country's free-trade (carbon tariff) policy leads the exporting country to have lower (higher) welfare under taxes than standards.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 3","pages":"269-302"},"PeriodicalIF":0.5,"publicationDate":"2024-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140560369","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Industrial technological progress, technology spillover, and the environment in a dual agricultural economy 二元农业经济中的工业技术进步、技术外溢与环境
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-03-20 DOI: 10.1111/ijet.12398
Yunyun Wu, Xiaochun Li
{"title":"Industrial technological progress, technology spillover, and the environment in a dual agricultural economy","authors":"Yunyun Wu,&nbsp;Xiaochun Li","doi":"10.1111/ijet.12398","DOIUrl":"10.1111/ijet.12398","url":null,"abstract":"<p>Developing nations typically prioritize economic growth. Thus, industrial technological progress frequently leads to production expansion and subsequent environmental degradation. This paper, however, proposes that in a dual agricultural economy, the progress in industrial production technology does not necessarily degrade the environment when considering technology spillover. Utilizing a general equilibrium model, we conclude that, at the beginning of modern agricultural development, increasing technology spillover rate adversely affects the environment and social welfare. Yet, after the popularization of modern agriculture, increasing this rate can enhance environmental and welfare conditions. Under specific conditions, industrial technological progress might promote environmental and welfare benefits.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 2","pages":"243-266"},"PeriodicalIF":0.5,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140226067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Wars of attrition with spending constraints 开支紧张的消耗战
IF 0.5 4区 经济学
International Journal of Economic Theory Pub Date : 2024-02-14 DOI: 10.1111/ijet.12397
Sung-Ha Hwang, Youngwoo Koh
{"title":"Wars of attrition with spending constraints","authors":"Sung-Ha Hwang,&nbsp;Youngwoo Koh","doi":"10.1111/ijet.12397","DOIUrl":"10.1111/ijet.12397","url":null,"abstract":"<p>We study wars of attrition with spending constraints. Specifically, there are two players with different values of the prize and costs of continuing wars, and they are endowed with limited budgets that can be used during the war. Two players compete by choosing the time at which they intend to give up within the constraints. We find the constrained mixed strategy equilibrium for this model and provide a full characterization of equilibrium depending on whether each player's constraint is binding or nonbinding.</p>","PeriodicalId":44551,"journal":{"name":"International Journal of Economic Theory","volume":"20 2","pages":"227-242"},"PeriodicalIF":0.5,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139779649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：604180095
Book学术官方微信
小红书