The euro zone’s major economic equilibria

2001 ◽  
Vol 64 (4) ◽  
pp. 31-45
Author(s):  
Fabrice Pansard
Keyword(s):  
Economic Equilibria

The Computation of Economic Equilibria

1976 ◽  
Vol 44 (2) ◽  
pp. 305
Author(s):  
T. Postelnicu ◽  
Herbert Scarf ◽  
Terje Hansen
Keyword(s):  
Economic Equilibria

Elections, Capital Flows, and Politico-Economic Equilibria

2010 ◽  
Vol 100 (4) ◽  
pp. 1759-1777 ◽  
Author(s):  
Roberto Chang
Keyword(s):  
Empirical Evidence ◽  
Open Economy ◽  
Capital Flows ◽  
Tax Policy ◽  
Foreign Debt ◽  
Economic Crises ◽  
Economic Equilibria ◽  
Electoral Outcomes ◽  
Investment Returns

We study an open economy where a pro-labor and a pro-business candidate compete in an election. The winner chooses taxes, which affect investment returns. Electoral outcomes depend on the size of the foreign debt, but the debt itself reflects expectations about the election. The resulting interaction is novel and has several implications. Elections are associated with increased volatility. Politico-economic crises can occur. Inefficiencies vanish if the candidates commit to an appropriate tax policy, but such commitments have predictable effects on the election. Empirical evidence supporting the theory is discussed. (JEL D72, F34, O17, O19)

scholarly journals Demographic-economic equilibria when the age at motherhood is endogenous

2010 ◽  
Vol 46 (6) ◽  
pp. 1211-1221 ◽  
Author(s):  
Hippolyte d’Albis ◽  
Emmanuelle Augeraud-Véron ◽  
Katheline Schubert
Keyword(s):  
Economic Equilibria
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