While war widowhood initially increased women's employment in postwar West Germany due to financial hardship, it ultimately led to lower employment rates later in life due to the disincentivizing effects of means-tested compensation policies.
In markets with stochastic demand fluctuations, incumbent firms can strategically deter entry by adjusting prices based on their hidden cost structures and the potential entrant's beliefs, leading to a dynamic interplay of signaling and entry decisions.
While seemingly irrational, non-diversified investment choices can be rationalized within the subjective expected utility framework, but this behavior reveals little about an individual's risk attitudes.
While quota mechanisms are theoretically sound in idealized settings with infinite decisions and perfect knowledge of type distributions, this paper provides a practical framework for understanding their performance and limitations in real-world scenarios with finite decisions and imperfect information.
The "transformation problem" in Marxian economics, concerning the relationship between value and price, can be solved by considering capital reallocation across branches and adhering to Marx's fundamental equalities, ultimately supporting the tendency of the rate of profit to fall.
This article challenges the conventional practice of canceling loan principal upon repayment, arguing that it is an outdated relic of a hard-money system and proposes that retaining principal, under specific circumstances, could be a key to unlocking new economic possibilities.
Bangladesh's success in avoiding sovereign default, unlike Sri Lanka, can be partly attributed to its effective utilization of remittances to reduce external debt, both directly and indirectly through international reserves.
In e-commerce, while search prominence often leads to higher demand, it can also result in lower profits for firms, especially when product return costs are high.
免費公共交通政策不僅能促進就業,還能減少溫室氣體排放,實現經濟發展與環境保護的雙贏。
브라질에서 시행된 무료 대중교통 정책이 고용을 증가시키고 온실가스 배출량을 감소시켜 경제 활동과 환경 피해의 분리를 가능하게 한다는 것을 보여준다.