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Browsing by Subject "welfare economics"

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    • Article  

      Comparing the true cost of living indices of demographically different households 

      Lyssiotou, Panayiota Flori; Pashardes, Panos (2004)
      The comparison of true cost of living indices between demographically different households (relative equivalence scale) is argued to be sensitive to the way demographic characteristics enter demand analysis. In particular, ...

    • Article  

      Guest worker programs: A theoretical analysis of welfare of the host and source countries* 

      Djajic, Slobodan; Michael, Michael S. (2013)
      This article examines the interaction between migration policies of the host and source countries in the context of a model of guest-worker migration. For the host, the objective is to provide low-cost labor for its employers ...

    • Article  

      International migration, the provision of public goods, and welfare 

      Gatsios, Konstantine; Hatzipanayotou, Panos; Michael, Michael S. (1999)
      This paper highlights the importance of the 'public finance' aspects of international migration on wages and welfare. We construct a general equilibrium model of a labor-exporting (i.e., source) or of a labor-importing ...

    • Article  

      Tied to capital or untied foreign aid? 

      Michael, Michael S.; Marrewijk, Charles Van (1998)
      A two-country trade model of foreign aid is developed. The aid-receiving country suffers from Harris-Todaro type unemployment. Aid is either untied, tied to sector-specific capital, or tied to intersectorally mobile capital. ...

    • Article  

      Welfare Effects of Immigration Policies in the Presence of Skilled, Unskilled Labor and Capital Mobility 

      Michael, Michael S. (2011)
      This paper investigates the welfare consequences of immigration policies in a model with two types of labor, skilled and unskilled, and international capital mobility. The paper examines the effect of government policies, ...

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