What Can Explain the Apparent Lack of International Consumption Risk Sharing?
In: Journal of political economy, Band 104, Heft 2, S. 267-297
ISSN: 1537-534X
2105685 Ergebnisse
Sortierung:
In: Journal of political economy, Band 104, Heft 2, S. 267-297
ISSN: 1537-534X
In: National defense, Heft 522, S. 16-17
ISSN: 0092-1491
In: The journal of politics: JOP, Band 58, Heft 4, S. 1035-1054
ISSN: 0022-3816
In: IMF Working Paper, S. 1-30
SSRN
In: Revista mexicana de ciencias políticas y sociales, Heft 166, S. 213-220
ISSN: 0185-1918
In: Verfassung und Recht in Übersee: VRÜ = World comparative law : WCL, Band 29, Heft 2, S. 257-258
ISSN: 0506-7286
In: Journal of political economy, Band 104, Heft 2, S. 267
ISSN: 0022-3808
In: Third world quarterly, Band 16, Heft 4, S. 619-642
ISSN: 1360-2241
In: The journal of politics: JOP, Band 57, Heft 4, S. 1224-1226
ISSN: 1468-2508
In: Economics & politics, Band 7, Heft 3, S. 243-261
ISSN: 1468-0343
This paper considers the implications of allowing quota rents to become capitalized. Capitalized quota rents crowd out physical capital in savers'portfolios, reducing the capital stock. Capitalization of quota rents also makes removal of the quota politically more difficult, since those currently alive may not be able to fully compensate the losers before the losers die. I use an overlapping generations model to provide examples which illustrate the difficulty of removing a quota once its rents have been fully capitalized. This work has implications for any policy which could lead to capitalized rents.
In: African affairs: the journal of the Royal African Society, Band 94, Heft 377, S. 519-543
ISSN: 1468-2621
In: Third world quarterly, Band 16, Heft 3, S. 477-494
ISSN: 1360-2241
In: East European politics and societies: EEPS, Band 9, Heft 3, S. 459-498
ISSN: 1533-8371
In: Contemporary security policy, Band 16, Heft 1, S. 1-13
ISSN: 1743-8764
In: Employment relations today, Band 22, Heft 1, S. 59-70
ISSN: 1520-6459