WorldCat Identities

Massachusetts Institute of Technology World Economy Laboratory

Overview
Works: 103 works in 103 publications in 1 language and 161 library holdings
Classifications: HB1, 330
Publication Timeline
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Most widely held works by Massachusetts Institute of Technology
Trade, jobs, and wages by Paul R Krugman( Book )

1 edition published in 1993 in English and held by 4 WorldCat member libraries worldwide

There is a broad consensus among US opinion leaders that our economic problem is largely one of failures of international competition -- that trade deficits have eroded our manufacturing base, that inability to sell on world markets has been a major drag on economic growth, and that imports from low-wage countries have caused a widening of income inequality. This paper summarizes recent evidence on these issues, and shows that while there may be a grain of truth to each complaint, in each case the effect is quantitatively minor. The arithmetic of 'competitiveness' just doesn't work
Competition policy in Russia during and after privatization by Paul L Joskow( Book )

1 edition published in 1994 in English and held by 3 WorldCat member libraries worldwide

A U.S. economic strategy for the 1990's by Rudiger Dornbusch( Book )

1 edition published in 1991 in English and held by 3 WorldCat member libraries worldwide

Is all that European unemployment necessary? by Robert M Solow( Book )

1 edition published in 1994 in English and held by 3 WorldCat member libraries worldwide

Issues in trade policies by Richard S Eckaus( Book )

1 edition published in 1991 in English and held by 3 WorldCat member libraries worldwide

Currency crises & collapses by Rudiger Dornbusch( Book )

1 edition published in 1995 in English and held by 3 WorldCat member libraries worldwide

Lessons from the end of the Austro-Hungarian empire for the former Soviet Union today by Rudiger Dornbusch( Book )

1 edition published in 1992 in English and held by 3 WorldCat member libraries worldwide

The move to free trade zones by Paul R Krugman( Book )

1 edition published in 1991 in English and held by 3 WorldCat member libraries worldwide

Privatization of social security : lessons from Chile by Peter Diamond( Book )

1 edition published in 1993 in English and held by 3 WorldCat member libraries worldwide

In Chile, all covered workers must place 10% of monthly earnings in a savings account with a highly regulated intermediary that manages a single fund and provides survivors and disability insurance. Workers pay a commission charge, in addition to the mandatory 10%, to finance this insurance and to cover the costs and profits of the intermediaries. On becoming eligible to receive benefits, a worker can choose between a sequence of phased withdrawals and a real annuity. In addition, there is a sizable guaranteed minimum pension. Unlike the purchased annuities, the minimum pension is not indexed, but adjusted by the government from time to time. The Chilean reform gets high marks for defending the system from political risk and for its effects on capital accumulation and on the functioning of the capital market. The Chilean reform gets low marks for the provision of insurance and for administrative cost. Perhaps the most surprising aspect of the Chilean reform is the high cost of running a privatized social security system, higher than the 'inefficient' system that it replaced. Valdes-Prieto has estimated that the average administrative charge per effective affiliate while active is U.S. $89.10 per year (for 1991) which is 2.94% of average taxable earnings. This is close to 30% of the 10% mandatory savings rate. The cost per person is not far from costs observed in other privately-managed pension systems, such as defined- benefit private pensions in the U.S. However, it compares unfavorably with administrative costs in well-run unified government managed systems. The issue here is the administrative efficiency of reliance
Lessons from the East Asian NICS : a contrarian view by Alwyn Young( Book )

1 edition published in 1993 in English and held by 3 WorldCat member libraries worldwide

The unusually rapid and prolonged growth of both output and exports in the Newly Industralizing Countries of East Asia has led many economists to believe that productivity growth in these economies, particularly in their manufacturing sectors, has been extraordinarily high. This view has, in turn, led to a growing belief in the 'dynamic' (i.e. total factor productivity) gains from an outward orientation. This view fails to take into account the equally unusual rapid growth of both capital and labour input in these economies. Using the Summers & Heston and OECD data sets, this paper uses simple back of the envelope calculations to show that, as regards productivity growth in the aggregate economy and in manufacturing in particular, the East Asian NICs are not, in general, substantial outliers. The principal lessons to be drawn from the NICs are likely to be those concerning the potential gains from factor accumulation and the sectoral reallocation of resources, i.e. 'static' neoclassical gains which have fueled the dynamic growth of these economies for more than 20 years
Macroeconomics, development and growth by Stanley Fischer( Book )

1 edition published in 1992 in English and held by 3 WorldCat member libraries worldwide

The metamorphosis of giants : China and India in transition by Richard S Eckaus( Book )

1 edition published in 1994 in English and held by 2 WorldCat member libraries worldwide

U.S.-Mexican trade relations by Rudiger Dornbusch( Book )

1 edition published in 1990 in English and held by 2 WorldCat member libraries worldwide

Some lessons from development economics for southern and eastern Europe by Richard S Eckaus( Book )

1 edition published in 1990 in English and held by 2 WorldCat member libraries worldwide

Modern central banking by Stanley Fischer( Book )

1 edition published in 1994 in English and held by 2 WorldCat member libraries worldwide

Jobless growth : appropriability, factor substitution, and unemployment by Ricardo J Caballero( Book )

1 edition published in 1997 in English and held by 2 WorldCat member libraries worldwide

A central determinant of the political economy of capital-labor relations is the appropriability of specific quasi-rents. " This paper is concerned with the general-equilibrium interaction of appropriability and characteristics of technology namely, the embodiment of technology in capital and capital-labor substitutability in the technological menu. Technological embodiment means that the supply of capital is effectively much less elastic in the short than in the long run, and is therefore more exposed to appropriability; technology choice implies that an attempt at appropriating capital will induce a substitution away from labor in the long run, and constitutes a mechanism to thwart appropriation. Shifts in European labor relations in the last three decades offer a good laboratory to explore the empirical relevance of those mechanisms. The evolution of the labor share, the profit rate, the capital/output ratio, and unemployment which we examine more particularly in the case of France appears highly supportive
Competitiveness : a dangerous obsession by Paul R Krugman( Book )

1 edition published in 1994 in English and held by 2 WorldCat member libraries worldwide

Mexico : stabilization, reform and no growth by Rudiger Dornbusch( Book )

1 edition published in 1994 in English and held by 2 WorldCat member libraries worldwide

On insider privatization by Olivier Blanchard( Book )

1 edition published in 1995 in English and held by 2 WorldCat member libraries worldwide

The German economy 1945-1995 : what went right, what is going wrong? by Herbert Giersch( Book )

1 edition published in 1992 in English and held by 2 WorldCat member libraries worldwide

 
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Alternative Names

controlled identityMassachusetts Institute of Technology. Department of Economics

Massachusetts Institute of Technology. Department of Economics. World Economy Laboratory

WEL

World Economy Laboratory at Massachusetts Institute of Technology

Languages
English (20)