The Ces Utility Function, Non-Linear Budget Constraints and Labour Supply. Results on Female Participation and Hours

1983 ◽  
Vol 93 (370) ◽  
pp. 312 ◽  
Author(s):  
A. Zabalza
Keyword(s):  
Utility Function ◽  
Labour Supply ◽  
Budget Constraints ◽  
Female Participation ◽  
Non Linear ◽  
Ces Utility Function

Dynamic analysis in an economic growth model with CES utility function and delay

2020 ◽  
Author(s):  
Ramona Ioana Oprea ◽  
Pater Flavius ◽  
Adina Juratoni ◽  
Olivia Bundau
Keyword(s):  
Economic Growth ◽  
Dynamic Analysis ◽  
Utility Function ◽  
Growth Model ◽  
Economic Growth Model ◽  
Ces Utility Function

Women’s Labour and Sustainable Agriculture

2019 ◽  
Vol 26 (3) ◽  
pp. 385-397
Author(s):  
Soorya Vennila ◽  
K. Ramesh
Keyword(s):  
Tamil Nadu ◽  
Labour Supply ◽  
Irrigated Agriculture ◽  
Property Ownership ◽  
Male Preference ◽  
Cropping Intensity ◽  
Female Participation ◽  
Male Migration ◽  
Participation Of Women ◽  
Women In Agriculture

This article looks at the participation of women in irrigated agriculture in 32 districts of Tamil Nadu and found exceptional involvement in these three districts, which are topographically different from each other, namely Kanyakumari, Nilgiris and South Arcot. The study asked—how does contemporary agriculture support female participation and in turn how does this keep agricultural labour supply and food security sustainable? A range of research methods were used to explore the rationale for exceptional female participation in irrigated agriculture. It concluded that such participation arises because of the existing pattern of labour supply primarily by landowning farm women and labourers. This as a result of male preference for widespread skilled jobs, subsequent changing labour pattern due to male migration, matrilineal property ownership, cropping intensity, multi-tasking of women and the coordinated effort of women’s groups (SHGs) in accessing micro-credits. Finally, subsidies and incentives have further altered and effected greater labour supply of women in agriculture.

International reserves: self-insurance and monetary policy in crisis

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Antonio Francisco de Almeida da Silva Junior
Keyword(s):  
Monetary Policy ◽  
Utility Function ◽  
International Reserves ◽  
Constant Elasticity ◽  
Content Type ◽  
Constant Elasticity Of Substitution ◽  
States Of Nature ◽  
Substitution Elasticities ◽  
Ces Utility Function ◽  
The Impact

PurposeThis work presents a model of a two-period economy to discuss the link between the precautionary motivation for holding international reserves and the country's monetary policy concerns due to a crisis.Design/methodology/approachThere are two possible states of nature in the second period of the economy: a normal state and a crisis state. These states of nature represent uncertainty to the policy maker and he can insure against a crisis. The household has a constant-elasticity-of-substitution (CES) utility function, where utility depends on consumption and money.FindingsBy allowing money in the utility function and in the household financial constraint and considering that the objective of the central bank is to smooth inflation, it is concluded that monetary policy plays a role in the precautionary motivation of holding international reserves.Practical implicationsThe model can be used to calculate optimal reserves holdings in its complete or even in its simplified version. Furthermore, it is possible to evaluate the impact of the intra-temporal substitution elasticity between consumption and real money in the decision of accumulating international reserves.Originality/valueHigher intra-temporal substitution elasticities implies in more insurance via international reserves, and this discussion is not found in the existent literature on international reserves.

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