In this paper we study the impact of environmental pollution in an endogenous growth model with endogenous structural change. The paper allows for both horizontal and vertical innovations where newer technologies are less polluting compared to older ones. The analysis shows that the presence of environmental externalities stimulates structural change but reduces the growth rate of the economy. ...

We present a decomposition approach for integrated assessment modeling of climate policy based on a linear approximation of the climate system. Our objective is to demonstrate the usefulness of decomposition for integrated assessment models posed in a complementarity format. First, the complementarity formulation cum decomposition permits a precise representation of post-terminal damages thereb...

Why More West than East German Firms Export Using unique new data and a recently introduced non-linear decomposition technique this paper shows that the huge difference in the propensity to export between West and East German plants is to a large part due to differences in firm size and human capital intensity. JEL Classification: F14

We discuss features extracted from a wavelet packet decomposition for image classification. Statistical features computed from wavelet packet coefficients are compared to structural features which are derived from an image dependent wavelet packet decomposition subband structure. Primary application area is the classification of pit pattern structures in zoom-endoscopic colon imagery, while res...

We combine general equilibrium theory and théorie générale of stochastic processes to derive structural results about equilibrium state prices. JEL Classification: D51, D91, G10, G12

Decomposing Differences in the First Moment We propose a simple methodology for decomposing differences in the first moment into characteristics and coefficients effects. This methodology provides a way to apply the Blinder-Oaxaca decomposition to a non-linear function for both aggregate and detailed decompositions. JEL Classification: C20, J70

This paper explores the effects of the 1995 Hanshin-Awaji Earthquake on the wages of people in the area of the earthquake over the 17 years after its occurrence and identified which part of the wage distribution has been most affected by this event by comparing the wage distributions of disaster victims and non-victims. To do this, we used three decomposition methods, developed by (i) Oaxaca (1...

The objective of this paper is to summarise essential aspects and types of structural change that may contribute to the development of a general theory. First a brief ontological introduction presents the underlying worldview and clarifies the meaning of key terms. Second the basic general mechanisms of structural change are explored and relations among them are pointed out. Finally some consid...

JEL Classification Code(s): J 31, J 71) "Perceptions of Discrimination, Effort to Obtain Psychological Balance, and Relative Wages: Can We Infer a Happiness Gradient?" There is a substantial literature that finds a linkage between happiness and relative economic well being as measured by earnings or wages. There is also a well documented racial gap in wages. One explanation for this is disparat...

Danish household consumption increased by 58% over the period 1966]1992 while CO2 emissions only increased by 7%. Using decomposition analysis we investigated the global CO impact of Danish household consumption from 1966 to 1992. Our conclusion is that 2 overall growth in private consumption } but not changes in the composition of consumption } is the key to understanding the increase in CO em...