Books Reviewed Galor, Oded. Discrete Dynamical Systems.

Consider a demand-supply system in which the demand for a product depends on the current price in the market but its supply depends on the price at some previous point in time. In such a system, the current equilibrium (market-clearing) price will typically depend on past equilibrium prices. This dependence may be formally captured by writing down a functional relationship (time map) between the current and past equilibrium prices. Such a relationship is called a difference equation if time is measured in discrete integer units (periods).
If it so happens that the current equilibrium price depends only on the equilibrium
price in the previous period, then the time map is characterized by a first-order difference equation. If the functional relationship is linear, it is called a linear difference equation.
If the functional relationship jointly involves more than one variable (suppose the current equilibrium price and capacity are jointly determined), then it is labeled as multidimensional difference equation system.

Base de Datos

Global Supply Chains, Standards and the Poor: How the Globalization of Food Systems and Standards Affects Rural Development and Poverty edited by Swinnen, J. F. M. By: Hartarska,
Valentina. American Journal of Agricultural Economics, Nov2009, Vol. 91 Issue 4, p1154-1155, 2p; DOI: 10.1111/j.1467-8276.2009.01326_2.x; (AN 43987755)
http://web.ebscohost.com

Ilegal Trade In The Iranian Economy: Evidence From a Structural Model

Smuggling is the clandestine import of goods (Deflem and Henry-Turner, 2001) or the evasion of excise taxes by circumvention of border controls (Merriman, 2003). A large body of literature has examined theoretical aspects of the effects of smuggling on social welfare and economy (e.g., see [Bhagwati and Hansen, 1973], [Pitt, 1981], [Martin and Panagariya, 1984] and [Norton, 1988]; and Thursby et al., 1991). This paper provides an empirical contribution by applying structural equation modeling techniques and examination of foreign trade statistics to the case of Iran.

Base de Datos

llegal trade in the Iranian economy: Evidence from a structural model
European Journal of Political Economy, Volume 25, Issue 4, December 2009, Pages 489-507
Mohammad Reza Farzanegan
http://www.sciencedirect.com

ECONOMIC GLOBALIZATION

This course is designed to give students the depth and breadth necessary to understand the process of globalization that is now influencing all Latin American and Eastern European countries without exception. The concept will be defined at the outset as used by various major scholars and developed through analysis of its historical stages (starting with the 1500s) and components as presented in the course outline.

Bibliography

BRAMAN, Sandra. Globalization, Communication and Transnational Civil Society (Online)

http://www.olgalazin.net
(Cited 1996)

EL AUMENTO DEL MINIMO NO ES UNA BUENA POLITICA ANTIPOBREZA

“Los aumentos en el salario mínimo solo le sirven a una porción pequeña de la población y en cambio, agudizan la mala distribución del ingreso en el país. Qué proponen los economistas.”

“El problema está en que las personas creen que subir el salario mínimo y ponerlo bien alto es una política antipobreza, pero en Colombia no resulta así”. Así lo señala la investigadora de Fedesarrollo, Natalia Millán. El problema en el país está en que el salario mínimo es muy elevado en relación con el salario que ganan los colombianos en promedio. Esta contradicción aparente ocurre porque como es bien conocido, cerca del 46% de la población gana menos del salario mínimo porque trabaja en el sector informal. De hecho, la relación entre el salario mínimo y el salario promedio es la más alta de América Latina, indica la investigadora. “Eso no quiere decir que con un salario mínimo se pueda vivir bien”, aclara. De lo que se trata es de entender que las alzas en el salario mínimo crean una mayor desigualdad en el ingreso del país. Esto ocurre porque si bien se le mejora la situación a aun grupo de personas que Natalia Millán califica de pequeño, los que están en el límite, recibiendo cerca del mínimo pierden su empleo o se emplean en el sector informal.

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