scholarly journals A Second-Best Argument for Low Optimal Tariffs

2021 ◽  
Author(s):  
Lorenzo Caliendo ◽  
Robert C. Feenstra ◽  
John Romalis ◽  
Alan M. Taylor
Keyword(s):  
Second Best ◽  
Optimal Tariffs ◽  
Best Argument

scholarly journals A Second-best Argument for Low Optimal Tariffs

2021 ◽  
Author(s):  
Lorenzo Caliendo ◽  
Robert Feenstra ◽  
John Romalis ◽  
Alan Taylor
Keyword(s):  
Second Best ◽  
Optimal Tariffs ◽  
Best Argument

Working With Interpreters to Support Students Who Are English Language Learners

2016 ◽  
Vol 1 (16) ◽  
pp. 15-27 ◽  
Author(s):  
Henriette W. Langdon ◽  
Terry Irvine Saenz
Keyword(s):  
United States ◽  
English Language Learners ◽  
Language Learners ◽  
English Language ◽  
First Language ◽  
The United States ◽  
The Other ◽  
Primary Language ◽  
Second Best ◽  
Support Students

The number of English Language Learners (ELL) is increasing in all regions of the United States. Although the majority (71%) speak Spanish as their first language, the other 29% may speak one of as many as 100 or more different languages. In spite of an increasing number of speech-language pathologists (SLPs) who can provide bilingual services, the likelihood of a match between a given student's primary language and an SLP's is rather minimal. The second best option is to work with a trained language interpreter in the student's language. However, very frequently, this interpreter may be bilingual but not trained to do the job.

Is First Rate Daycare Still Second Best?

1978 ◽  
Vol 23 (1) ◽  
pp. 15-16 ◽  
Author(s):  
ANNA-BETH DOYLE
Keyword(s):  
Second Best

The U. S. Dollarization Approach to Regional Currency Consolidation: Second-Best in the Short Run, Doomed in the Long Run

2011 ◽  
Vol 30 (119) ◽  
Author(s):  
George M. Von Furstenberg ◽  
Alexander Volbert
Keyword(s):  
Latin America ◽  
Financial Services ◽  
Free Movement ◽  
Monetary Unions ◽  
International Currency ◽  
Second Best ◽  
Long Run ◽  
Short Run ◽  
Free Movement Of Capital

Free movement of capital and trade in financial services are driving regional currency consolidation. We compare the relative merits of adopting an international currency unilaterally or multilaterally. While EMU is the exemplar of the multilateral approach characterized by assured seignior age sharing and co-management of the joint monetary asset, unilateral monetary unions are represented by the proposed formal dollarization of some countries in Latin America. This paper finds that while such dollarization could be useful for the period ahead, it carries the seeds of its own destruction because peripheral countries that lose their currency need not support this one-sided arrangement indefinitely

scholarly journals Myopic Savings Behaviour of Future Polish Pensioners

Risks ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 36
Author(s):  
Sonia Buchholtz ◽  
Jan Gąska ◽  
Marek Góra
Keyword(s):  
Logistic Models ◽  
Principal Component ◽  
Social Institutions ◽  
Health Seeking ◽  
Future Health ◽  
Policy Makers ◽  
Second Best ◽  
External Assistance ◽  
Old Age Poverty

Low saving rates combined with low effective retirement age herald old-age poverty. This paper examines the preferred strategies of future Polish pensioners in order to sustain the standard of living in the future. A two-step approach is used: as a first-best strategy, we explore determinants of supplementary saving with binary logistic models; as a second-best strategy, we examine alternative options with principal component analysis. Future retirees rarely accumulate long-term savings, do not use dedicated instruments, and they start to save additionally far too late. Savings are concentrated in wealthier and better educated groups. Such myopia is governed by their political stance and not by awareness of dire prospects. Second-best strategies are based on optimistic assumptions about future health (seeking for additional jobs), on the assumed generosity of acquaintances or social institutions (relying on external assistance), or on rebelling. Given the increasing political power of elder generations, balancing the interests of workers and retirees will be an increasingly difficult task for policy makers.

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