Suchergebnisse

Marriage partners' parenting preferences are shown to be determined by an internal (within the household) game, the outcome of which is influenced by "extra-environmental parameters" in the form of an external game between outside gender-based interest groups and the government.

Contributing to the literature on the economic effects of international migration, considered here are the effects of migration in the presence of a non-traded-goods sector when the migrants leave behind a portion of the capital stock they own, due to legal or institutional factors, or because they might not be able to make cumbersome & costly arrangements to take their capital stock abroad. In such cases, nonmigrants experience a significant increase in their capital stock, which may enable them to increase their production & thus further enrich their capital, improving the welfare of the remaining residents. Further, if during the postmigration period the domestic price ratio between traded & nontraded goods influences the amount of capital moved by the migrants, then the magnitude of the capital-enrichment effect on the nonmigrants will be more if the non-traded-goods sector is relatively capital intensive. 3 Figures, 7 References. Adapted from the source document.

While economists predicted a return to double-digit unemployment rates during the reconversion from World War II, this outcome did not materialize. This article explores the role that the significant rise in net exports—which accounted for nearly 4 percent of GDP in 1946 and 1947—played in helping the United States avoid a postwar unemployment problem. Using an input-output analysis, we find that the export surplus directly accounted for 1.33 million jobs in 1946 and 1.97 million jobs in 1947. This accounts for close to half of the gains to private sector employment during these years.