J Eaton… - The Review of Economic Studies, 1981 - JSTOR
The analysis of financial transactions when default and bankruptcy are possible strategies
poses difficult theoretical questions. Several researchers have focused on bankruptcy by
individual agents in a domestic economy but have not encompassed all issues relevant to ...
J Eaton, M Gersovitz… - European Economic Review, 1986 - Elsevier
This paper attempts to survey, and to put into perspective, recent literature that has analyzed
the nature of credit relations between developed and developing countries. This analysis
has made use of recent advances in the economics of information and strategic interaction ...
M Gersovitz - Handbook of development economics, 1988 - books.google.com
Saving, a sacrifice of current consumption, provides for the accumulation of capital which, in
turn, produces additional output that can potentially he used for consumption in the future.
The process is thus inherently intertemporal. Its presumed operation makes the saving ...
J Eaton… - 1984 - nber.org
This paper develops a theory of capital movements in the presence of potential
expropriation. The threat of expropriation is derived from utility maximizing behavior by host
countries. Potential investors, anticipating this behavior, modify their investment plans to ...
J Eaton… - Journal of Development Economics, 1980 - Elsevier
Abstract This paper analyzes LDC borrowing and reserve-holding behavior as part of a
general equilibrium portfolio problem. Estimates of LDC debt and reserve demand and
credit supply suggest that debt, along with reserves, serves a transactions role. Another ...
HS Bienen… - International Organization, 1985 - Cambridge Univ Press
Abstract IMF conditionality is seldom so important that it dominates all other considerations
for political stability. IMF stabilization programs often shift benefits from one group to another.
They expose elites to charges of selling the sovereignty of their countries. The imposition ...
J Eaton… - 1983 - books.google.com
From a US or West European perspective investment in the Second and Third Worlds looks
very much riskier than investment at home. Recent events in Poland and Mexico, among
other places, seem to provide dramatic confirmation that this perception is well founded. ...
J Eaton, M Gersovitz… - 1981 - princeton.edu
POOR COUNTRY BORROWING IN PRIVATE FINANCIAL MARKETS AND THE REPUDIATION
ISSUE* by Jonathan Eaton and Mark Gersovitz Princeton University Table of Contents I. Introduction
Page 1. Focus of the study 1 2. Experience in the markets ^ II. Private Lending With ...
B Gauthier… - Journal of Public economics, 1997 - Elsevier
The administration of tax statutes materially determines their economic effects. A survey of
Cameroonian businesses, a country seemingly typical of its economic level, demonstrates
widespread erosion of the tax bases paid by businesses through exemptions and evasion. ...
M Gersovitz - The journal of political economy, 1983 - JSTOR
While many development theorists assume saving propensities vary among different groups,
there has been limited theoretical justification for this view. This paper analyzes two
complementary theories stressing the effect on saving of physiological consequences of ...
J Eaton… - 1987 - nber.org
Foreign portfolio investment is threatened by the risk of default and repudiation, while direct
foreign investment is threatened by the risk of expropriation. These two contractual forms of
investment can differ substantially in:(1) the amount of capital they can transfer from ...
M Gersovitz… - Princeton Studies in International …, 1990 - ideas.repec.org
No abstract is available for this item. ... To our knowledge, this item is not available for
download. To find whether it is available, there are three options: 1. Check below under "Related
research" whether another version of this item is available online. 2. Check on the ...
HS Bienen… - Comparative Politics, 1986 - JSTOR
Many observers have predicted that developing countries accept IMF conditions for new
loans at the risk of their political stability. The Fund's conditions, which include devaluing a
currency, restraining money supply, and cutting the government deficit, are seen as ...
M Gersovitz… - The world bank research observer, 2003 - World Bank
Abstract The assumption of rational choice helps in understanding how people respond to
infectious diseases. People maximize their well-being by choosing levels of prevention and
therapy subject to the constraints they face. Objectives and constraints are numerous, ...
M Gersovitz - The theory of taxation for developing countries, 1987 - princeton.edu
Foreign investors weigh the effects on their total after-tax profits of allocating the capital
available to them among different countries. The tax policies of countries receiving capital
(the hosts) are-therefore an important influence" on this allocation. Such a host affects its ...
M Gersovitz, HG Jacoby, FS Dedy… - Journal of the American …, 1998 - JSTOR
The AIDS epidemic in Africa depends on heterosexual behavior, about which little is known.
National Knowledge, Attitudes and Practices (KAP) surveys are a potentially important data
source but are compromised because women report less-often, much less-sexual activity ...
M Gersovitz - Journal of Econometrics, 1980 - Elsevier
Abstract In econometric models of disequilibrium, observations are generated by one of two
regimes. This paper discusses alternative methods of classifying observations into the two
regimes and provides a Monte Carlo assessment of the most widely applicable ...
M Gersovitz… - Journal of the American Statistical Association, 1978 - JSTOR
This article argues that conventional approaches to the treatment of seasonality in
econometric investigation are often inappropriate. A more appropriate technique is to allow
all regression coefficients to vary with the season, but to constrain them to do so in a ...
M Gersovitz - Journal of African Economies, 2005 - CSAE
Abstract The Demographic and Health Surveys (DHS) for Kenya, Tanzania, Uganda and
Zambia provide information on how people react to HIV/AIDS: knowledge acquisition;(self-
declared) strategies for avoiding HIV; age at first intercourse; monogamy; abstinence; ...
M Gersovitz - The Journal of Political Economy, 1989 - JSTOR
In raising revenues, governments of poor countries affect farm gate prices for export crops.
Because agriculture is dispersed, interventions have spatial effects, leading to an integrated
analysis of taxation, marketing, and transportation. Policies to be used singly or together ...
M Gersovitz - 1983 - princeton.edu
ABSTRACT International capital mobility is limited by the possibility of expropriation or debt
repudiation. This paper examines the nature of equilibrium when these hostile actions are
deterred by interference with the host country's trade, possibly through the sovereign ...
RJ Arnott… - Journal of Public Economics, 1980 - Elsevier
Abstract One strand of the literature on the employment contract focuses on the role of the
contract in the efficient sharing of risk between capitalists and workers. One way capitalists
can shift risk to workers is to provide part of workers' remuneration in the form of an ...
[CITATION] The Theory and experience of economic development: essays in honor of Sir W. Arthur Lewis
M Gersovitz… - 1982 - Allen & Unwin Australia
[CITATION] Selected economic writings of W. Arthur Lewis
WA Lewis… - 1983 - New York UP
WH Buiter… - 1981 - nber.org
The paper demonstrates that the concepts of dynamic controllability are useful for the theory
of economic policy by establishing four propositions. First dynamic controllability is a central
concept in stabilization policy. Second, the ability to achieve a target state, even if it cannot ...
M Gersovitz… - Journal of Public Economics, 2005 - Elsevier
Vector-borne diseases especially rife in poor countries pose sectoral tax/subsidy issues.
Preventions and therapies mitigate these diseases in a numerical optimization model
combining dynamic epidemiology and economics. The medical distinction between ...
M Gersovitz - Journal of Public Economics, 1982 - Elsevier
Abstract This paper examines the relationship between unfunded vested pension liabilities
and the market value of a firm's shares. This relationship has important implications for the
mechanism by which private pensions influence aggregate savings. Attention is paid to ...
M Gersovitz - The World Bank Economic Review, 1992 - World Bank
Abstract Many African countries interfere with the spatial pattern of agricultural prices and
often mandate a spatially constant (panterritorial) price. Such policies are conceptually
identical to the pricing of transport services. The pricing and transportation policies of the ...
M Gersovitz… - 1987 - books.google.com
The Research Program in Development Studies of the Woodrow Wilson School of Public and
International Affairs, Princeton University is a group of social scientists interested in developing
countries. The program has previously published a series of books, The Political ...
M Gersovitz - Journal of International Economics, 1982 - Elsevier
Abstract Two-gap and related theoretical models imply that different constraints on growth
may be binding at different times. This paper develops and applies an econometric
methodology suitable for estimating this type of model and determining which constraints ...
RJ Arnott… - The Economic Journal, 1986 - JSTOR
The reallocation of labour from rural to urban areas, although an historical concomitant of
growth in per capita incomes, is widely viewed to be a troublesome process. It is a general
belief that poor countries are somehow over-urbanised and migration excess' ive, that ...
M Gersovitz - Economics for an imperfect world: Essays in honor …, 2003 - books.google.com
At the core of an economic definition of public health are the market failures and equity
concerns that justify public interventions in the health sector. One important intervention is
public promotion of vaccinations. A prominent rationale for these programs is a particular ...
M Gersovitz - Australian Economic Papers, 2000 - Wiley Online Library
Infectious diseases are transmitted from person to person or from vectors such as mosquitos
to people. The uninfected take precautions against these diseases and the infected try to
mitigate their symptoms and to get cured. In doing so, people may weigh the costs of ...
M Gersovitz - The Journal of Development Studies, 1976 - Taylor & Francis
This paper discusses alternative explanations of the empirically established inverse relation
between the size of farm and the output‐land and labour‐land ratios used in agricultural
production in LDCs. The analysis establishes the implications of the various explanations ...
M Gersovitz… - Journal of African Economies, 1996 - CSAE
Abstract Like governments elsewhere, African governments raise revenues, employ workers
and make expenditures. They do so in ways that reflect and affect the structure of their
economies. Important interdependencies exist among revenues, employment and ...
JGM WATERBURY… - Recherche, 1987 - lavoisier.fr
Livre: The Political Economy of Risk and Choice in Senegal WATERBURY JohnGersovitz Mark.
[CITATION] Some Sources and Implications of Uncertainty in the Senegalese Economy
M Gersovitz - The Political Economy of Risk and Choice in Senegal, 1987
M Gersovitz - Economica, 1980 - JSTOR
This paper discusses some misinterpretations that can arise when cyclical data are incorrectly
assumed to be generated by movements between equilibria. One example is the cyclical behaviour
of the real wage, an issue discussed by Grossman (1973) and others. In Section II a small ...
J Eaton… - Economics Letters, 1995 - Elsevier
Because sovereign borrowers may default, lenders charge contractual interest rates different
from their opportunity costs of funds. This contractual rate may be above or below the
borrower's marginal product of capital and cannot guide domestic investments. Other ...
M Gersovitz - Journal of Development Economics, 1974 - Elsevier
Abstract This paper begins with the Todaro framework which relates LDC urban
unemployment to the existence of an urban-rural wage gap. An explanation of the wage gap
is developed from aggregate demand conditions in the urban sector, providing a ...
H Bienen… - 1982 - getcited.org
An academic directory and search engine.
[CITATION] Survey of the Economics of International Debt
J Eaton, M Gersovitz… - European Economic Review, 1986
[CITATION] Revenue Erosion Through Evasion and Exemptions in Poor Countries
B Gauthier… - RPED Discussion Papers, 1995
M Gersovitz - The World Bank Research Observer, 2011 - World Bank
Abstract Testing is a potentially important intervention to slow the HIV epidemic in Africa and
elsewhere. Some countries in Africa have achieved high levels of testing but most have not.
Cost, price, and questions of confidentiality have limited the expansion of testing. It looks ...
M Gersovitz - The Review of Economic Studies, 1986 - restud.oxfordjournals.org
Abstract Processing domestically available materials for export has intuitive appeal, eg if
transport costs are reduced. Uncertainty in the supply of the raw material can be a crucial
factor. The theoretical model of this paper shows how to choose the optimal processing ...
M Gersovitz… - 1977 - getcited.org
An academic directory and search engine.
[CITATION] Revenue Erosion Through Exemption and Evasion in Poor Countries
B Gauthier… - 1995 - World bank. Regional program on …
[CITATION] Debt with Potential Repudiation: Theoretical and Empirical Analysis, 48REV. ECON
J Eaton… - Stud, 1981
[CITATION] lCountry Risk: Economic Aspects. m In Richard J
J Eaton… - 1981 - Managing International Risk. New …
[CITATION] Poor-Country Borrowing in Private Financial Markets and the Repudiation Issue (Princeton, NJ: International Finance Section, Princeton University, June …
J Eaton… - Theoretical Issues
[CITATION] Saving and Development, Vol. 1 1988
M Gersovitz - Handbook of Development Economics
[CITATION] The revenues and expenditures of African governments: Modalities and consequences," mimneo
M Gersovitz… - 1995
[CITATION] Economic Stabilization, Conditionality
HS Bienen… - 1985
M Gersovitz - 2006 - books.google.com
Tax laws and administrations often treat different size firms differently. There is, however,
little research on the consequences. As modeled here, oligopolists with different efficiencies
determine the size distribution of firms. A government that maximizes a weighted sum of ...
[CITATION] Optimal Taxation, Cournot and the Size Distribution of Firms
M Gersovitz - 2004 - unpublished
[CITATION] A Theory of Expropriations and Deviations from
J Eaton… - 1984
[CITATION] Debt with Potential Reproduction: Theoretical and Empirical Analysis
J Eaton… - 1979 - Princeton University (mimeo).(1980), …
[CITATION] A Report on the Egyptian Tax System
M Gersovitz, RH Gordon… - 1993 - World Bank
M Gersovitz… - The American economic review, 1992 - JSTOR
Commodity markets with their many producers and relatively homogeneous products often
illustrate how static supply-anddemand models are useful in policy analysis. Other
characteristics inherent in some of these markets are, however, known to introduce ...
WH Buiter… - Journal of Public Economics, 1984 - econpapers.repec.org
... EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
Controllability and the theory of economic policy: A further note. Willem Hendrik Buiter and Mark
Gersovitz. Journal of Public Economics, 1984, vol. 24, issue 1, pages 127-129. ...
M Gersovitz - 1991 - books.google.com
1 Governments influence the price and quality of transport services both through their
investments in transport infrastructure and through a range of regulations. In rural areas,
these decisions affect the spatial pattern of agricultural production with consequences for ...
M Gersovitz - Oxford Economic Papers, 1992 - JSTOR
TREES and shrubs provide some of the most important products of the tropics, including
cocoa, coffee, tea, rubber, coconut and palm oils, and spices. These crops have many
economically relevant attributes, but among the most notable are that:(1) a number of ...
[CITATION] Economic Stabilization
HS Bienen… - … , and Political Stability, unpublished paper, Department …, 1984
[CITATION] Economic development and the art of maintenance
M Gersovitz - Development, 1999
[CITATION] US commercial banks and the Eurodollar market
JW Eaton… - 1975 - Dept. of Economics, University of …
[CITATION] ..., Hunger and public action: Oxford, Clarendon Press, 1989
M Gersovitz - The economic journal, 1991
[CITATION] Savings, Nutrition and Development
M Gersovitz - 1982 - Woodrow Wilson School, Princeton …
[CITATION] LDC Participation in International Finance Markets: Debt and Reserves
J Eaton… - 1978 - Research Program in Development …
M Gersovitz, JS Hammer, G Deltas… - The Economic …, 2004 - res.org.uk
The structure of representative agents and decentralisation of the social planner's problem
provide a framework for the economics of infection and associated externalities. Optimal
implementation of prevention and therapy depends on:(1) biology including whether ...
J Eaton, M Gersovitz… - … and Economic Growth: The First Ten …, 1991 - nber.org
This paper attempts to survey, and to put into perspective, recent literature that has analyzed
the nature of credit relations between developed and developing countries. This analysis
has made use of recent advances in the economics of information and strategic interaction ...
M Gersovitz - Annual Review of Resource Economics, 2011 - annualreviews.org
Economics plus epidemiology provide models of infections and associated behavior of
private individuals. They show how infections pose problems of dynamic externalities, scope
for government to offset externalities, and problems of the second-best when government ...
[CITATION] Distribution and Production Implications of Land Reform
M Gersovitz - 1973 - Economic Growth Center, Yale …
[CITATION] Trade, development and the world economy: Oxford[ua], Blackwell, 1988
M Gersovitz - Journal of economic literature, 1990
M Gersovitz - 1979 - princeton.edu
Most literature on the inflation tax considers the effects of an inflation occurring at a steady
rate and with the perfect foreknowledge of market participants. In this paper, a model of an
optimal uncertain inflation tax is developed. Despite the fact that the average risk averse ...
M Gersovitz - Journal of International Economics, 1984 - econpapers.repec.org
... Please update your bookmarks. IMF conditionality: John Williamson, ed., (Institute for
International Economics, Washington, DC, 1983) pp. xvi. +679, $30.00. Mark Gersovitz. Journal
of International Economics, 1984, vol. 17, issue 3-4, pages 387-389. ...
RJ Arnott… - Working Papers, 1978 - ideas.repec.org
One Strand of the literature of the employment contract focuses on the role of the contract in
providing for the efficient sharing of risk between capitalists and workers. One way capitalists
can shift risk to workers is to provide part of workers" renumeration in the form of an ...
[CITATION] THE PURE THEORY OF COUNTRY RISK Jonathan EATON* University of Virginia, Charlottseville, VA 22901, USA NBER, Cambridge, MA 02138, USA
M GERSOVITZ… - … and economic growth: the first ten …, 1991 - North Holland
[CITATION] Jorgensen, Erika, 144
B Juiirez, H Feis, G Fields, D Finch, S Fischer… - Developing Country Debt and …
M Gersovitz - Security and Development, 2012 - books.google.com
Infectious diseases, by their very nature, represent a group of classic problems in the
functioning of markets, namely externalities. People who engage in risktaking behavior that
exposes them to infections, their decisions once infected and infectious themselves have ...
M Gersovitz - Journal of Development Economics, 2000 - ideas.repec.org
If you experience problems downloading a file, check if you have the proper application to
view it first. Information about this may be contained in the File-Format links below. In case of
further problems read the IDEAS help page. Note that these files are not on the IDEAS site ...
M Gersovitz - 2008 - depot.gdnet.org
Abstract From an economic perspective the defining characteristic of contagion is that
individuals' choices do not incorporate all the costs and benefits that other members of
society experience. Neither do the decisions of local or national governments because in ...
[CITATION] Barrientos Ortuno, Rene, 65 Barry, Brian. 272 Beveridge, W. A, 280 Bhagwati. Jagdish N., 14, 219, 282
A Bianchi, HS Bienen, RA Brecher, EF Buffie… - Developing Country Debt and the
M Gersovitz - Economics Letters, 2010 - Elsevier
Two rules for optimal taxation are: (1) tax any pure profits before anything else and (2) tax final
consumption rather than inputs to production (Diamond and Mirrlees, 1971). Statutory profits
taxes do not, however, allow the full deductibility of capital costs. If firms have market ...
[CITATION] Human behaviour and the transmission of infectious disease: an economist's perspective; forty-seventh Joseph Fisher lecture, 3 June 1999
M Gersovitz - Australia's economy in its international context, 2001
[CITATION] United States Commercial Banks and the Eurodollar Market
JW Eaton… - 1975 - Department of Economics, University …
[CITATION] Agriculture and economic growth: Cambridge[ua]: Harvard Univ. Press, 2000
M Gersovitz - Journal of economic literature, 2002
[CITATION] The pure thoery [sic] of country risk
J Eaton, JE Stiglitz… - 1986 - National Bureau of Economic …
M Gersovitz - Journal of Economic Literature, 2009 - JSTOR
Repudiation and expropriation pose obstacles to the international mobility of capital and
thereby to efficient international allocation of resources. Tomz discusses the determinants of
lending in the face of the threat of repudiation. Using history, he argues that debtor ...
[CITATION] International debt: Washington, DC, Inst. for International Economics, 1984
M Gersovitz - Journal of economic literature, 1986
[CITATION] Cyclical and equilibrium relations among variable in dynamic models: the Phillips curve and the real wage
M Gersovitz - 1975 - Dept. of Economics, University of …
RA Brecher, EF Buffie, G Calvo… - … country debt and the …, 1989 - books.google.com
Name Index Alfonsin, Raul, 29, 44-46 Ames, Barry, 270, 272-73 Aquino, Benigno, 169, 185
Aquino, Corazon, 170, 185, 188 Avramovic, Dragoslav, 243, 245 Balassa, Bela, 14, 253 Banzer
Suarez, Hugo, 63, 65, 67-68, 77-78 Barrientos Ortuno, Rene, 65 Barry, Brian, 272 ...
GM Furstenberg, V Galbis… - … country debt and …, 1989 - books.google.com
Name Index Alfonsm, Raul, 32, 223, 243 Alt, James A., 210 Ames, Barry, 242, 244
Amuzegar, Jahangir, 216 Aquino, Benigno, 237 Avramovic, Dragoslav, 69, 141, 146-47
Bailey, Norman, 371 Baker, James, 161 Balassa, B., 14, 179, 193 Balogh, Thomas, 114 ...
[CITATION] Teoría y experiencia del desarrollo económico: Ensayos en honor de W. Arthur Lewis
M Gersovitz, CFD Alejandro… - 1985 - Fondo de Cultura Económica
M Gersovitz - 1975 - en.scientificcommons.org
Publikationsansicht. 5432446. An essay on macrodynamics; unemployment and inflation. (1975).
Gersovitz, Mark. Abstract. Thesis--Yale, Ph. D., 1975.. Bibliography: p. 112-114.. Photocopy.
Details der Publikation. Download, http://worldcat.org/oclc/32623554. ...
M Gersovitz - Journal of Economic Literature, 2002 - elibrary.ru
... ИНФОРМАЦИЯ О ПУБЛИКАЦИИ. Название публикации, AGRICULTURE AND ECONOMIC
GROWTH: THEORY AND MEASUREMENT. Авторы, Mark Gersovitz. Журнал, Journal of
Economic Literature. Издательство, American Economic Association. ...
M GERSOVITZ - SECCION DE OBRAS DE ECONOMIA. - orton.catie.ac.cr
... Aut. Analit.: GERSOVITZ, MARK ... (ET AL.). Título : TEORIA Y EXPERIENCIA DEL
DESARROLLO ECONOMICO : ENSAYOS EN HONOR DE SIR W. ARTHUR LEWIS / COMP.
MARK GERSOVITZ ... ( ET AL.). P.imprenta : MEXICO : FCE. 484 P. / 22 CM.. ...
M Gersovitz - Seccion de Obras de Economia, 1985 - orton.catie.ac.cr
SIDALC - Servicio de Informacion y Documentacion Agropecuaria de las Americas.
M Gersovitz - orton.catie.ac.cr
... 1 / 1 Seleccione referencia / Select reference. Signatura : 338.9 G47. Autor : Gersovitz, Mark.
Título : Teoría y experiencia del desarrollo económico : ensayos de bonor de Sir W. Arthur Lewis /
por Mark Gersovitz. P.imprenta : México : Fondo de Cultura Económica. 484 p.. ...
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