منابع مشابه
Technological Innovation: Winners and Losers∗
We analyze the effect of innovation on asset prices in a tractable, general equilibrium framework with heterogeneous households and firms. Innovation has a heterogenous impact on households and firms. Technological improvements embodied in new capital benefit workers, while displacing existing firms and their shareholders. This displacement process is uneven: newer generations of shareholders b...
متن کاملWinners and Losers in Restoring Old Havana
The socialist leadership seeks to remedy the tattered fabric of Havana’s built environment by drawing on a comparative advantage: tourism. Since 1959, tourism had never been a leading economic sector. Fidel Castro had often vowed that Cuba would not become an island of bourgeoisie-catering bartenders and chambermaids as did other Caribbean nations (Eckstein 1977). Accordingly, in 1975, just 25,...
متن کاملWinners love winning and losers love money.
Salience and satisfaction are important factors in determining the comparisons that people make. We hypothesized that people make salient comparisons first, and then make satisfying comparisons only if salient comparisons leave them unsatisfied. This hypothesis suggests an asymmetry between winning and losing. For winners, comparison with a salient alternative (i.e., losing) brings satisfaction...
متن کاملWinners and Losers in Russia's Economic Transition
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متن کاملThe ‘ Latte Revolution ’ ? Winners and Losers in the Re - structuring of the Global Coffee Marketing Chain *
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ژورنال
عنوان ژورنال: Applied Economic Perspectives and Policy
سال: 2010
ISSN: 2040-5790,2040-5804
DOI: 10.1093/aepp/ppp002