Priscilla Ng

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As a contribution to worldwide efforts towards a tobacco-free society, this paper considers the possibility of a long-term phasing-in of a total ban, by proposing that individuals born in or after the year 2000 have their supply of tobacco restricted. In conjunction, a survey that we have conducted in Singapore indicates strong public support (even among(More)
Two striking stylized facts are observed in China’s reform. Productivity growth contributes signi...cantly to output growth, and income inequality increases dramatically over time. This paper builds a simple dynamic general equilibrium model to mimic these facts. Perfect insurance is shown to be sub-optimal. The economic growth rate and the aggregate(More)
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