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A theory of risk, smuggling and welfare
12 references·0 citing·29 second hop
A theory of risk, smuggling and welfare (1989)A theory of risk, smuggling and welfareMacroeconomics: Theory and policy (1987)Macroeconomics: Theory and po…Smuggling, trade, and price disparity: A crime-theoretic approach (1984)Smuggling, trade, and price d…Public Sector Economics (1983)Public Sector EconomicsSmuggling and price disparity (1981)Smuggling and price disparityPublic Sector Economics (1980)Public Sector EconomicsA Note on Preferential and Illegal Trade Under Quantitative Restrictions (1978)A Note on Preferential and Il…Smuggling and optimal commercial policy (1976)Smuggling and optimal commerc…Black market for foreign exchange, capital flows and smuggling (1976)Black market for foreign exch…Smuggling, production and welfare (1974)Smuggling, production and wel…NOTES ON THE ECONOMIC THEORY OF SMUGGLING**The first section of these notes is simply a condensation of the paper by Bhagwati and Hansen (1973a), republished in this volume as ch. 1, and entitled ‘A theoretical analysis of smuggling’. The second section is more original. (1974)NOTES ON THE ECONOMIC THEORY …A Theoretical Analysis of Smuggling (1973)A Theoretical Analysis of Smu…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…The Balance of Payments (1973)Exchange rate behavior with currency inconvertibility (1982)Smuggling and the black market for foreign exchange (1984)Devaluation, exchange controls, and black markets for foreign exchange in developing countries (1993)The welfare consequences of directly-unproductive profit-seeking (DUP) lobbying activities (1982)Trade and employment in developing countries (1984)Effects of International Financial and Energy Sanctions on Iran's Informal Economy (2013)The Transfer Problem and Transport Costs, II: Analysis of Effects of Trade Impediments (1954)The Possibility of Income Losses From Increased Efficiency or Factor Accumulation in the Presence of Tariffs (1967)Comparative Literature (1954)The IS-LM Model and the Liquidity Trap Concept: From Hicks to Krugman (2004)The Dynamic Linkages between Foreign Direct Investment and Domestic Investment in ECOWAS Countries: A Panel Cointegration Analysis (2012)The United Kingdom: Privatisation and its political context (1988)Interregional spillovers in the presence of perfect and imperfect household mobility (1994)Tax Policy Handbook (1995)The Relative Efficiency of Agricultural Source Water Pollution Control Policies (1986)Bipolarity, Multipolarity, and Free Trade (1989)Rational Hegemons, Excludable Goods, and Small Groups: An Epitaph for Hegemonic Stability Theory? (1989)Trends and Issues in Tax Policy and Reform in India (2005)Illegal trade in the Iranian economy: Evidence from a structural model (2009)An evasive topic: theorizing about the hidden economy (2011)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Directly Unproductive Profit-Seeking (DUP) Activities (1987)Smuggling and welfare in a Ricardo‐Viner economy (1995)Mis‐invoicing and Trade Policy (2005)Political Economic Markets: PERTs and PESTs in Food and Agriculture (1982)Exchange rate management and manufactured exports in Sub-Saharan Africa (2000)
this work references cited by second hop

References

  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1980Public Sector Economics259 cited
  • 1973A Theoretical Analysis of Smuggling226 cited
  • 1981Smuggling and price disparity133 cited
  • 1983Public Sector Economics124 cited
  • 1987Macroeconomics: Theory and policy123 cited
  • 1984Smuggling, trade, and price disparity: A crime-theoretic approach88 cited
  • 1976Black market for foreign exchange, capital flows and smuggling70 cited
  • 1974Smuggling, production and welfare62 cited
  • 1976Smuggling and optimal commercial policy33 cited
  • 1978A Note on Preferential and Illegal Trade Under Quantitative Restrictions27 cited
  • 1974NOTES ON THE ECONOMIC THEORY OF SMUGGLING**The first section of these notes is simply a condensation of the paper by Bhagwati and Hansen (1973a), republished in this volume as ch. 1, and entitled ‘A theoretical analysis of smuggling’. The second section is more original.17 cited

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