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Income tax --- Equilibrium (Economics) --- Mathematical models.
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Taxation --- Stochastic analysis. --- Equilibrium (Economics) --- Econometric models.
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Agriculture and state --- Equilibrium (Economics) --- Econometric models. --- Mathematical models.
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Regional economics. --- Equilibrium (Economics) --- Political planning. --- Oregon --- Economic conditions.
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Debts, Public --- Saving and investment --- Bayesian statistical decision theory. --- Equilibrium (Economics)
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In this book, Professor Uzawa modifies and extends the theoretical premises of orthodox economic theory to those broad enough to be capable of analyzing the phenomena related to environmental disequilibrium, particularly global warming, and of finding institutional arrangements and policy measures that may bring about a more optimal state where natural and institutional components are harmoniously blended. He constructs a theoretical framework in which three major problems concerning global environmental issues may effectively be addressed. First, all phenomena involved with global environmental issues exhibit externalities of one kind or another. Secondly, global environmental issues involve international and intergenerational equity and justice. Thirdly, global environmental issues concern the management of the atmosphere, the oceans, water, soil, and other natural resources that have to be decided by a consensus of all affected countries.
Air --- Global warming --- Equilibrium (Economics) --- Economics, Mathematical. --- Economics --- Mathematical economics --- Econometrics --- Mathematics --- DGE (Economics) --- Disequilibrium (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- SDGE (Economic theory) --- Statics and dynamics (Social sciences) --- Warming, Global --- Global temperature changes --- Greenhouse effect, Atmospheric --- Pollution --- Economic aspects. --- Mathematical models. --- Methodology --- Environmental aspects --- Economics, Mathematical --- Atmosphere --- Pollution&delete& --- Economic aspects --- Mathematical models --- Business, Economy and Management --- Air - Pollution - Economic aspects --- Global warming - Mathematical models
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Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops in the 1990s. The surge in foreign reserves since then is viewed as a New Merchantilism in which reserves are a war-chest for defense against Sudden Stops. We conduct a quantitative assessment of this argument using a framework in which precautionary savings affect foreign assets via business cycle volatility, financial globalization, and endogenous Sudden Stops. Our results show that financial globalization and Sudden Stop risk are plausible explanations of the surge in reserves but cyclical volatility, which has declined in the globalization period, is not.
Business cycles --- Equilibrium (Economics) --- Globalization. --- Mathematical models. --- Global cities --- Globalisation --- Internationalization --- International relations --- Anti-globalization movement --- Exports and Imports --- Macroeconomics --- Globalization --- International Investment --- Long-term Capital Movements --- Macroeconomics: Consumption --- Saving --- Wealth --- Globalization: General --- International economics --- Foreign assets --- Sudden stops --- Precautionary savings --- Consumption --- Balance of payments --- External position --- National accounts --- Investments, Foreign --- Capital movements --- Saving and investment --- Economics --- Mexico
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