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Recursos bibliográficos en papel y digitales -
- libros, artículos de revistas,
ponencias de eventos, etc. -
» Resultado: 4 registros
| Registro 1 de 4 | |
| Autor: | Welsch, Heinz - Kühling, Jan |
| Título: | Macroeconomic performance and institutional change: evidence from subjective well-being data |
| Fuente: | Journal of Applied Economics. v.19, n.2. Universidad del CEMA |
| Páginas: | pp. 193-217 |
| Año: | Nov. 2016 |
| Resumen: | The relationship between macroeconomic performance and institutional change is explored in member countries of the Organization for Economic Cooperation and Development (OECD). We first assess the effects of national income growth, unemployment and inflation on subjective well-being (SWB) in thirty OECD countries, and employ the relationships found to construct an index of macroeconomic performance in terms of SWB. Applying the index to the period 1990-2009, we find that macroeconomic performance has improved in OECD overall and in the majority of countries, and that there has been a convergence of performance within the OECD. We then present evidence that OECD countries’ performance, as measured, is positively related to institutional change towards more trade openness and better institutional quality. We argue that both increased openness and improved institutional quality are correlates of economic and political integration and conclude that international integration has enhanced SWB by improving OECD countries’ national macroeconomic performance. |
| Palabras clave: | PAISES DESARROLLADOS | MARCO INSTITUCIONAL | PRODUCTO BRUTO INTERNO | CAMBIO ESTRUCTURAL | INTEGRACION ECONOMICA | GLOBALIZACION | ECONOMIA DEL BIENESTAR | CONDICIONES ECONOMICAS | DESARROLLO ECONOMICO | ASPECTOS POLITICOS | SISTEMAS ECONOMICOS | |
| Solicitar por: | HEMEROTECA J + datos de Fuente |
| Registro 2 de 4 | |
| Autor: | Welsch, Heinz - |
| Título: | Macroeconomics and life satisfaction: Revisiting the "misery index |
| Fuente: | Journal of Applied Economics. v.10, n.2. Universidad del CEMA |
| Páginas: | pp. 237-251 |
| Año: | Nov. 2007 |
| Resumen: | Using data from surveys of life satisfaction, evidence has been presented that European citizens’ subjective well-being is inversely related to inflation and unemployment. Motivated by the "Barro Misery Index", this paper reconsiders the relationship between macroeconomics and subjective well-being by including the growth rate and the long-term interest rate as additional variables in life satisfaction regressions. The paper finds that people care about growth and employment on the one hand and stability on the other, where stability may alternatively be captured by the inflation rate or the long-term interest rate. Stability, measured in whichever of these ways, does not seem to be less important to European citizens than growth and employment |
| Palabras clave: | MACROECONOMIA | INDICES | INDICADORES SOCIALES | BIENESTAR SOCIAL | INFLACION | DESEMPLEO | MISERY INDEX | |
| Solicitar por: | HEMEROTECA J + datos de Fuente |
| Registro 3 de 4 | |
| Autor: | Ebert, Udo - Welsch, Heinz - |
| Título: | Environmental Emissions and Production Economics: Implications of the Materials Balance |
| Fuente: | American Journal of Agricultural Economics. v.89, n.2. American Agricultural Economics Association |
| Páginas: | pp. 287-293 |
| Año: | 2007 |
| Resumen: | In modeling emissions, the literature has usually specified an explicit emission function, or treated emissions as a production input. We examine the validity of these approaches, taking into account the materials balance principle. We show that a technology can equivalently be described by (i) a production function with material and nonmaterial inputs and bounded marginal product of the material input, (ii) a well-behaved production function with emissions as an input, and (iii) a well-behaved emission function, if the materials balance is accounted for as an additional condition. We offer a forma derivation of common, but not rigorously established modeling approaches. |
| Solicitar por: | HEMEROTECA A + datos de Fuente |
| Registro 4 de 4 | |
| Autor: | Ochsen, Carsten - Welsch, Heinz - |
| Título: | Technology, trade, and income distribution in West Germany: A factor-share analysis, 1976-1994 |
| Fuente: | Journal of Applied Economics. v.8, n.2. Universidad del CEMA |
| Páginas: | pp. 321-345 |
| Año: | Nov. 2005 |
| Resumen: | This paper examines the determinants of functional income distribution in West Germany. The approach is to estimate a complete system of factor share equations for low-skilled labor, high-skilled labor, capital, energy, and materials, taking account of biased technological progress and increasing trade-orientation. Technological progress is found to reduce the share of low-skilled labor and to raise the share of high-skilled labor. The effect of technology bias on the two labor shares is enhanced by substitution of intermediate inputs for lowskilled labor, which is almost absent in the case of high-skilled labor. Trade-induced changes in the composition of aggregate output tend to mitigate these effects, due to the relatively favorable export performance of low-skill intensive industries. The year-to-year variation in the low-skilled share can be attributed to input prices, biased technological progress, and trade-induced structural change in the proportion 19:77:4. For high-skilled labor and capital, the output composition effect of trade contributes about one percent. The results are robust across several specifications examined. |
| Palabras clave: | TECNOLOGIA | COMERCIO | DISTRIBUCION DEL INGRESO | ANALISIS REGIONAL | TRABAJO | CAPACITACION EN EL EMPLEO | |
| Solicitar por: | HEMEROTECA J + datos de Fuente |
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