This paper uses a multi region DSGE model with collateral constrained households and residential investment to examine the effectiveness of fiscal policy stimulus measures in a credit crisis. The paper explores alternative scenarios which differ by the type of budgetary measure, its length, the...

Complexity and uncertainty are key issues in exploring future developments. Moreover, although the future cannot be predicted, it is clear that certain decisions/actions can influence the future in desired directions. In this respect, planners are being challenged to focus on the development of...

Data Envelopment Analysis (DEA) has become an established approach for analyzing and comparing efficiency results of corporate organizations or economic agents. It has also found wide application in comparative studies on airport efficiency. The standard DEA approach to comparative airport...