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The "Contributions to Economic Analysis" series consists of a number of previously unpublished studies. The term economic analysis is used because it covers the activities of the theoretical economist and the research worker.
The Economics of COVID-19 contains selected contributions analysing the effects of the global pandemic on macroeconomics, computable general equilibrium models and financial markets, as well as health studies proposing to improve the traditional epidemic models.
Demographic changes (dropping birth rates, decline in population growth and rapid population aging), their economic implications, and possible policy responses are the subject matter of this volume. It draws on international experience to address these issues, but focuses on the experience of Japan, the country with the world's oldest population.
This book investigates the impact of USA patent activity on technical change in 35 industries given in the KLEM (Jorgenson, 1996) data set for the period 1958-1996. Four patent variables are introduced, namely total patent applications, total patents granted, unsuccessful patent applications and foreign patents granted.
This is a collection of papers from a conference in honor of J. Michael Finger on the occasion of his retirement from the World Bank. It covers a number of important issues in the analysis of policy reform and the political economy of policy reform including policy learning and the role of international agencies in policy reform.
Contains papers describing developments at the frontiers of microsimulation modelling, and draws upon experiences in a wide range of countries. Some papers in this book aim to share with other modellers, experience gained in designing and running microsimulation models and their use in government policy formulation.
This volume includes some of the papers presented at the 11th International Conference on Panel Data, Texas, June 2004, and other solicited papers that passed the refereeing process and includes such topics as dynamic panel data estimation, non-linear panel data methods and the phenomenal growth in non-stationary panel data econometrics.
Deals with the investigation of the contemporary financial issues of the e-commerce market.
These studies are based on information on time use in nine countries. It deals with the "when?" and "with whom?" questions describing human behavior, "what is done?" questions of the quantities and determinants of economic activities as well as children's issues and issues involved in the creation of the American Time Use Survey (ATUS).
The result of the first European Conference on Cognitive Economics, this book gives an overview of recent achievements of cognitive economics and aims to better define its motivations and its boundaries. The articles illustrate the different tools and methods which are currently used in the domain and enlarge those traditionally used in economics.
This book contains state-of-the-art cumulative research and results on functional structure, approximation and estimation for: individual economic agents; aggregation over those agents; and equilibrium solution stochastic processes. Contributions to time series modeling and inference in the time domain and the frequency domain are also covered.
The main purpose of this book is to enhance the understanding of differences in productivity performance between countries and sectors and to improve our insight in the drivers of productivity levels and its growth. It contains international comparisons between EU and OECD countries, in particular with regard to productivity performance.
The economics of art markets is an area open to econometricians, theorists, economic and art historians, labour economists, and students interested in the economic analysis of legal problems. This volume covers a number of issues including auction anomalies, the management of museums, the excess supply of labour in the performing arts, and more.
Contemporary issues in general economics, growth economics and in the formulation of optimal growth programs, especially the issue of the sustainability of growth, are investigated in this book. A wide range of optimal economic growth models are developed here to address the crucial issues of different branches in economics.
Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialisation, technological convergence and faster economic growth. This study compares the conclusions of the trade theories with empirical observations of economic changes in the European Union.
It is the intention of the editors to make available with this book a selection of current work in regional economics and regional science.
Microsimulation Modelling involves the application of simulation methods to micro data for the purposes of evaluating the effectiveness and improving the design of public policy. The field has been applied to many different policies within both government and academia. This handbook describes and discusses the main issues within the field.
This book explores the welfare effects of environmental taxes in a second-best framework. It starts from a benchmark model which reveals that environmental taxes typically exacerbate pre-existing tax distortions, and extends it by introducing capital, terms of trade effects, transfers, involuntary unemployment, or environmental feedbacks.
Aims to review and discuss the different varieties of macro modelling of economic policies. This book also attempts to analyze policy themes that are important in Finland and elsewhere. Its last set of papers analyze exchange rate policies in Finland and issues in European Economic Integration.
This volume encourages comparative explorations of the links between economic regionalism and government behaviour. Theories of the public sector are reviewed, restructured and extended, and historical and institutional perspectives on the public sector examined in empirical case studies from Sweden, USA, Belgium, Malaysia, England and Singapore.
Describes the development of competition policy in 10 EU Member States, and the interaction of those policies with EU competition policy. This work includes the convergence of competition policy to the EU approach and the influence of Member State practice on EU competition policy. It analyzes its functioning from an economic point of view.
These papers demonstrate how different kinds of analytical approach can be used to anticipate the economic repercussions of systematic reduction of military spending. It is of interest to economists, scholars in peace studies and international relations, and government officials dealing with disarmament issues and economic restructuring.
This book analyses the viability of unfunded pension systems in the presence of the projected demographic evolution and looks at: efficiency considerations and the possibility of welfare improvements; political economy aspects and the feasibility of reforms; and the process of European integration and its influence on national pension systems.
Containing papers on index number and aggregation theory, this volume studies aggregation problems in economics, primarily the aggregation over goods problem. It is useful for government agencies around the world that produce price statistics, insuring an understanding of important properties of alternative indexes.
Analysing lifetime distribution and redistribution, this book uses a cohort microsimulation model as a tool to analyse several questions which concern income distribution and redistribution, social security and income tax incidence. It is suitable for those working in social and economic policy who are concerned about such issues.
This volume covers key issues lying at the intersection of the modern theory of industrial organization and of the more traditional agricultural economics: the organization of agriculture and its mechanisms; the extent of the market power in agri-food industries; the failures of agricultural markets; and the nature of government intervention.
William Barnett, the coeditor of this volume, introduced modern economic index number theory into monetary economics and this book comprises a focussed and unified collection of his most important publications in this area. It provides a clear and systematic development of the state-of-the-art in monetary and financial aggregation theory.
This book examines the complex relationship among trade and investment policies, as well as environmental regulations, especially for developing economies. The impacts of pollution taxes and environmental standards on employment and social welfare, the design and coordination of optimal trade, and investment and environmental policies are analyzed.
Describes the structure of MIMIC and discusses a number of policy measures. Moreover, this book elaborates on proposals that are in discussion, such as the flat tax. To easily understand the model, it also presents a core version with only a few equations.
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