993 resultados para linguistic theory
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[Traditions. Asie. Inde. Provinces du Bihar et d'Orissa. Etat d'Orissa [i.e. Odisha]. Cuttack]
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[Traditions. Asie. Inde. État du Maharashtra. Dhule]
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[Traditions. Asie. Inde. Etat du Maharashtra. Amravati]
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[Traditions. Asie. Inde. Provinces du Bihar et de l'Orissa. Etat du Jharkhand. Ranchi]
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[Traditions. Asie. Inde. Madhya Pradesh. Damoh]
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[Traditions. Asie. Inde. Province de Madras [i.e. Chennai]]
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We propose a method to evaluate cyclical models which does not require knowledge of the DGP and the exact empirical specification of the aggregate decision rules. We derive robust restrictions in a class of models; use some to identify structural shocks and others to evaluate the model or contrast sub-models. The approach has good size and excellent power properties, even in small samples. We show how to examine the validity of a class of models, sort out the relevance of certain frictions, evaluate the importance of an added feature, and indirectly estimate structural parameters.
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[Traditions. Asie. Inde. Province du Bihar. Gaya]
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[Traditions. Asie. Inde. Chotā Nāgpur]
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[Traditions. Asie. Inde. Présidence de Bombay. État du Gujarat. Ahmadabad]
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[Traditions. Asie. Inde. Présidence de Bombay. État du Gujarat. Ahmadabad]
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[Traditions. Asie. Inde. Province du Berar. Yavatmal]
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166 countries have some kind of public old age pension. What economic forces create and sustain old age Social Security as a public program? Mulligan and Sala-i-Martin (1999b) document several of the internationally and historically common features of social security programs, and explore "political" theories of Social Security. This paper discusses the "efficiency theories", which view creation of the SS program as a full of partial solution to some market failure. Efficiency explanations of social security include the "SS as welfare for the elderly" the "retirement increases productivity to optimally manage human capital externalities", "optimal retirement insurance", the "prodigal father problem", the "misguided Keynesian", the "optimal longevity insurance", the "government economizing transaction costs", and the "return on human capital investment". We also analyze four "narrative" theories of social security: the "chain letter theory", the "lump of labor theory", the "monopoly capitalism theory", and the "Sub-but-Nearly-Optimal policy response to private pensions theory". The political and efficiency explanations are compared with the international and historical facts and used to derive implications for replacing the typical pay-as-you-go system with a forced savings plan. Most of the explanations suggest that forced savings does not increase welfare, and may decrease it.
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[Traditions. Asie. Inde. Madhya Pradesh]
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[Traditions. Asie. Inde. Madhya Pradesh. Chhattisgarh]