Search results for "Income"

Argentina’s Economic Development and Life Satisfaction Revisited – 1984–2012

2014

At the end of 1983, Argentina returned to democracy. Between 1983 and 2012, Argentina brought better economic and development results as wells as an improvement in the levels of happiness and life satisfaction. Although the macroeconomic cycle was characterized by high volatility, the country GDP per capita was 74 % higher in 2012 compared to 1983, implying an average annual growth rate of 1.9 %, much higher than the average Latin American country. Poverty and income distribution as well as health and education ones notably improved after time intervals of decadence.

Pharmaceutical promotion and guided-prescription in low- and middle-income countries: A need for new regulations.

2020

Growth vs. Level Effect of Population Change on Economic Development: An Inspection into Human-Capital-Related Mechanisms

2011

This paper studies the different mechanisms and the dynamics through which demography is channeled to the economy. We analyze the role of demographic changes in the economic development process by studying the transitional and the long-run impact of both the rate of population growth and the initial population size on the levels of per capita human capital and income. We do that in an enlarged Lucas-Uzawa model with intergenerational altruism. In contrast to the existing theoretical literature, the long-run level effects of demographic changes, i.e. their impact on the levels of the variables along the balanced growth path, are deeply characterized in addition to the more standard long-run …

Contribution of the Economic Crisis to the Risk Increase of Poor Mental Health in a Region of Spain

2018

Previous research suggests that the economic crisis can affect mental health. The purpose of this study was to analyse the association of risk of poor mental health with various socioeconomic, demographic, health, quality of life, and social support variables

Financial Globalization, Fiscal Policies and the Distribution of Income

2020

This paper provides evidence that financial globalization—liberalization of the capital account—makes income distribution more uneven by raising the share of income that goes to the richest income deciles. We also offer evidence that changes in domestic fiscal policies in the aftermath of financial globalization are one channel through which these distributional effects could occur. Specifically, we show that episodes of capital account liberalization are followed by greater fiscal consolidation and reduced fiscal redistribution, both of which lead to increased inequality.

Integrated capital shares

2019

In empirical macroeconomics, inter-dependencies between countries are often analysed using cross-country correlations or graphical investigation of time series. This study shows that applying an alternative methodological approach - identification of common unobservable factors and using them as explanatory variables for country-specific time series - indicates a stronger cross-country integration of functional income distributions than the standard methods. The results vary only little between different samples, where both the country and year coverage change. Moreover, the main findings are not sensitive to the way capital depreciation is taken into account. The primary driving factor see…

Households' Balance Sheets and the Effect of Fiscal Policy

2022

Using households' balance-sheet composition in the Panel Survey of Income Dynamics, we identify six household types. Since 1999, there has been a decline in the share of patient households and an increase in the share of impatient households with negative wealth. Using a six-agent New Keynesian model with search and matching frictions, we explore how changes in households' shares affect the transmission of government spending shocks. We show that the relative share of households in the left tail of the wealth distribution plays a key role in the aggregate marginal propensity to consume, the magnitude of fiscal multipliers, and the distributional consequences of government spending shocks. W…

Health insurance: medical treatment vs. disability payment

2010

We present arguments for treating health insurance and disability insurance in an integrated manner in economic analysis, based on a model where each individual's utility depends on both consumption and health and her income depends on her earning ability. When purchasing insurance, she may choose a contract that offers less than full medical treatment. We find that high-ability individuals demand full recovery and equalize utility across states, while low-ability individuals demand partial treatment and cash compensation and suffer a loss in utility if ill. Our results carry over to the case where health states are not observable. NOTICE: this is the author’s version of a work that was acc…

Peter Zweifel's Bonus Options in Health Insurance

1993

Aspetti economici e commerciali dell'arancia di Ribera

2010

The Sicily is the first region for orange cultivation in Italy. This sector, throughout the ages, has been characterized by a decrease of the invested areas and by a reduction of the fresh product’s demand; in the meantime, the competitiveness of the new producer countries is increased for a better commercial organization and for lower production costs. The aim of the paper is to improve the knowledge of orange cultivation in Ribera area, in the province of Agrigento (Sicily). It is carried out a microeconomic analysis on a sample of 20 farms to determine profitability of orange cultivation by means of various economic indicators (production costs, profits, net incomes). The business survey…