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Book
Private Interhousehold Transfers in Vietnam in the Early and Late 1990s
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Year: 2002 Publisher: Washington, D.C., The World Bank,

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Abstract

Cox uses date from the 1992-93 and 1997-98 Vietnam Living Standards Survey (VLSS) to describe patterns of money transfers between households. Rapid economic growth during the 1990s did little to diminish the importance of private transfers in Vietnam. Private transfers are large and widespread in both surveys, and are much larger than public transfers. Private transfers appear to function like means-tested public transfers, flowing from better-off to worse-off households and providing old age support in retirement. Panel evidence suggests some hysteresis in private transfer patterns, but many households also changed from recipients to givers and vice versa between surveys. Changes in private transfers appear responsive to changes in household pre-transfer income, demographic changes, and life-course events. Transfer inflows rise upon retirement and widowhood, for example, and are positively associated with increases in health expenditures. It also appears that private transfer inflows increased for households affected by Typhoon Linda, which devastated Vietnam's southernmost provinces in late 1997. This paper is a product of Macroeconomics and Growth, Development Research Group. The study was funded by the Bank's Research Support Budget under the research project Economic Growth and Household Welfare: Policy Lessons from Vietnam. The author may be contacted at donald.cox@bc.edu.

Cycles and chaos in economic equilibrium
Author:
ISBN: 0691042497 0691003920 9780691003924 9780691042497 Year: 1992 Publisher: Princeton, N.J. Princeton University Press

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In recent years economists have begun to use the techniques of non-linear dynamics to show that some apparently erratic and turbulent economic phenomena reflect subtle underlying patterns. How do cyclic and chaotic dynamics arise in economic models of equilibrium? How can empirical methods be used to detect nonlinearities and cyclic and chaotic structures in economic models? In examining these questions, this book brings together the most significant work that has been done to date in economics-based chaos theory. Selected here particularly for the economist who is not a specialist in chaos theory, the essays, some previously unpublished and others not widely available, describe a new tool for understanding business cycles, stabilization policy, and forecasting. The contributors to the volume are William J. Baumol, Jess Benhabib, Michele Boldrin, William A. Brock, Richard H. Day, Raymond J. Deneckere, Allan Drazen, Jean-Michel Grandmont, Kenneth L. Judd, Bruno Jullien, Guy Laroque, Blake LeBaron, Bruce McNevin, Luigi Montrucchio, Salih Nefti, Kazuo Nishimura, James B. Ramsey, Pietro Reichlin, Philip Rothman, Chera L. Sayers, Jos A. Scheinkman, Wayne Shafer, William Whitesell, Edward N. Wolff, and Michael Woodford.

Keywords

Business cycles --- -Equilibrium (Economics) --- -339.5 --- Economic cycles --- Economic fluctuations --- Cycles --- Financial crises --- Mathematical models --- conjoncture --- conjunctuur --- Statistieken van de conjunctuur. --- Quantitative methods (economics) --- Equilibrium (Economics) --- crise economique --- croissance economique --- 305.2 --- 305.6 --- 305.971 --- 330.01 --- 331.00 --- 331.030 --- AA / International- internationaal --- economische crisis --- economische groei --- Statistieken van de conjunctuur --- Risicotheorie, speltheorie. Risicokapitaal. Beslissingsmodellen --- Speciale gevallen in econometrische modelbouw --- Theorie van het economisch evenwicht --- Economische bewegingen: algemeenheden. --- Conjunctuurschommelingen: algemeenheden --- Mathematical models. --- Business cycles - Mathematical models. --- Equilibrium (Economics) - Mathematical models. --- Economische bewegingen: algemeenheden --- Equilibre (economie politique) --- Cycles economiques --- Cycles longs (economie politique) --- Équilibre (economie politique) --- Modeles econometriques. --- Chaos (theorie des systemes) --- Wiskundige modellen. --- Conjunctuurbewegingen. --- Economisch evenwicht. --- Business cycles. --- Wirtschaftskreislauf --- Gleichgewichtstheorie --- Mathematisches Modell --- Konjunkturzyklus --- Konjunkturmodell --- Gleichgewichtsmodell --- Dynamisches Gleichgewicht --- Équilibre (Économie politique) --- Modeles mathematiques. --- Econometric models. --- "economic literature. --- ARCH Models. --- Aperiodic dynamics. --- Behavioral Assumptions. --- Bifurcation. --- Clearing Theories. --- Consumption loans. --- Cyclic Sets. --- Diagrammatic Exposition. --- Economic Data. --- Equilibria. --- Final remarks. --- Foresight Dynamics. --- Indeterminacy. --- Money Transfers. --- Monotonicity. --- Multiplicity. --- Notations. --- Saddle-Point Instability. --- Samuelson Economy. --- Sarkovskii's theorem. --- Stability. --- Stabilization Policies. --- The Model. --- The Technology. --- Topological conjugacy. --- Two-Sector Economy. --- Uniqueness. --- Volatility". --- Wealth-Capital Economy. --- chaotic. --- dynamic programming. --- dynamically. --- endogenous cycles. --- erratic. --- estimation. --- intertemporal. --- mechanisms. --- oscillatory. --- stochastic non-linearity. --- turnpike property. --- Business cycles - Mathematical models --- Equilibrium (Economics) - Mathematical models --- Gleichgewicht --- Konjunktur --- Wirtschaftsmodell --- Zyklus --- Wachstumszyklus --- Konjunkturschwankung --- Modell --- Mathematische Modellierung --- Allgemeine Gleichgewichtstheorie --- Wirtschaftstheorie --- Ungleichgewichtstheorie --- Preistheorie --- Kreislauf --- Reproduktion --- Chaos dans les systèmes --- Comportement chaotique des systèmes --- Dynamique chaotique --- Mouvement chaotique dans les systèmes --- Effet papillon --- Systèmes --- Systèmes chaotiques --- Théorie du chaos --- Dynamique non-linéaire --- Théorème KAM --- Chaos déterministe --- Chaos quantique --- Formation des structures (sciences physiques) --- Dynamique --- Dynamique différentiable --- Ordre et désordre (physique) --- Systèmes, Théorie des --- Théories non linéaires --- Économétrie --- Modèles économiques --- ARCH, Modèles --- DMS, Modèle --- MDR, Modèle --- MIMOSA, Modèle --- Modèles de choix discret --- Préférences (économétrie) --- PROPAGE, Modèle --- Modèles mathématiques --- Déséquilibre (économie politique) --- Déséquilibre économique --- Déséquilibres économiques --- Équilibre économique --- Équilibre général (économie politique) --- Équilibre partiel (économie politique) --- École de Lausanne --- Stagnation --- Économie politique --- Statique et dynamique (sciences sociales) --- Cycles de Kondratiev --- Cycles de longue durée --- Kondratiev, Cycles de --- Cycles économiques --- Cycles d'affaires --- Fluctuations économiques --- Conjoncture économique --- Crises économiques --- Cycles financiers --- Cycles longs (économie politique) --- Cycles majeurs (économie politique) --- Développement économique --- Multiplicateur (économie politique) --- Prévision économique --- Récessions --- Stabilisation économique --- Stagnation (économie politique) --- Surproduction --- Wirtschaft --- Comportement chaotique --- économie politique

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