a group of individuals whose economic decision-making is interrelated. In economic theory, households perform two roles. On the one hand, they enter the market place as buyers orCONSUMERSof goods and services produced by firms; on the other hand, they provideFACTOR INPUTSto firms in order to...
Economics, business studies Part I. Households as Corporate Firms: 1. Introduction; 2. Conceptual framework; Part II. Household Financial Accounting: 3. Household surveys; 4. Construc... K Samphantharak,RM Townsend 被引量: 0发表: 0年 The effects of financial education in the workplace: evid...
Organizations and Nations: from Universalism to Institutionalism? The capital, labour and product markets within which firms operate, their sensitivity to economic downturn, and the wider institutional context, including the quant...Clark, P. and F. Mueller, 1996, "Organizations and nations: From ....
Hence, the same nominal borrowing puts in motion less resources. (ii) Unlike the government or firms, households cannot roll over debt.The aim of this paper is twofold: to provide a theoretical framework where the consequences of household indebtedness can be dealt with and to check that it ...
"Households as corporate firms: Constructing financial statements from integrated household surveys." UC-San Diego IRPS and University of Chicago Department of Economics Working Paper.Samphantharak, K., Townsend, R. M. (2008). "Households as corporate firms: constructing financial statements from ...
d. the combined actions of millions of households and firms. ANS: D DIF: 1 REF: 1-0 TOP: Resource allocation MSC: Interpretive 专业 word 可编辑 4 Chapter 1/Ten Principles of Economics 15. The adage, There is no such thing as a free lunch, is used to illustrate the principle that ...
© 2004 Prentice Hall Business Publishing © 2004 Prentice Hall Business Publishing Principles of Economics, 7/e Principles of Economics, 7/e Karl Case, Ray Fair Karl Case, Ray Fair 6 of 38 Assumptions • We also assume that households and firms possess all the information ...
Self-Reporting and the Design of Policies for Regulating Stochastic Pollution Existing environmental regulations frequently require firms to self-report their compliance status to regulatory agencies. Using a principal-agent framewor... AS Malik - 《Journal of Environmental Economics & Management》 被引...
If rents flow out, only local public goods are supplied in accordance with the Samuelson Rule. The provision of local public factors is inefficiently low, however, and jurisdictions tax mobile firms and mobile households inefficiently high in order to restrict the outflow of rents. An optimal ...
It is because the household sector is more diverse than the industrial sector, and regulatory enforcement is much more difficult. The government can stop firms' operation if their environmental burden is too heavy but cannot stop household's activities. Therefore, the government needs to find ...