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Recursive utility, endogenous growth, and the welfare cost of volatility
Epaulard, Anne; Pommeret, Aude - 2001
Persistent link: https://www.econbiz.de/10001568768
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Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility
Epaulard, Anne; Pommeret, Aude - 2021
This paper proposes a measure of the welfare cost of volatility derived from an endogenous growth model (AK) under uncertainty extended to the case of a recursive utility function which disentangles risk aversion from intertemporal elasticity of substitution. It encompasses a direct welfare cost...
Persistent link: https://www.econbiz.de/10013317977
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Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility
Pommeret, Aude - 2001
This paper proposes a measure of the welfare cost of volatitliy derived from an endogenous growth model (AK) under uncertainty extended to the case of a recursive utility function which disentangles risk aversion from intertemporal elasticity of substitution. It encompasses a direct welfare cost...
Persistent link: https://www.econbiz.de/10014400117
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Climate Variability and Water Resources in Kenya : The Economic Cost of Inadequate Management
Mogaka, Herzron; Gichere, Samuel; Davis, Richard - 2012
Eighty percent of Kenya is arid and semi-arid land; yet despite chronic water scarcity, the country has developed only …, climate variability and the steady degradation of water resources cost Kenya at least 3.3 billion Kenyan shillings (Ksh …
Persistent link: https://www.econbiz.de/10012556831
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Gender and health : an assessment of the burden of gender-based violence on health and implications for attainment of universal healthcare in Kenya
Nyamu, Florence; Wanjama, Leah - 2021
Persistent link: https://www.econbiz.de/10013380812
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Studies of the relationship between aid and trade and the fiscal implications of emigration and HIV/AIDS interventions
Johansson, Lars M. - 2009
Persistent link: https://www.econbiz.de/10003867555
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HIV/AIDS in the Middle East and North Africa : The Costs of Inaction
Jenkins, Carol; Robalino, David A. - 2013
This book reviews the human immunodeficiency virus/acquired immunodeficiency syndrome (HIV/AIDS) situation in the …
Persistent link: https://www.econbiz.de/10012563757
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The Long-Run Economic Costs of AIDS : A Model with an Application to South Africa
Bell, Clive; Devarajan, Shantayanan; Gersbach, Hans - 2006
Primarily a disease of young adults, Acquired Immuno Deficiency Syndrome (AIDS) imposes economic costs that could be … across generations. AIDS makes it harder for victims' children to obtain an education and deprives them of the love … subsistence equilibrium if hit with an AIDS type increase in premature adult mortality. Calibrating the model for South Africa …
Persistent link: https://www.econbiz.de/10012564092
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Measuring the Cost of Aid Volatility
Kharas, Homi - 2008
Flows of official development assistance (ODA) to recipient countries have been highly volatile and this reduces their value. At the macro level, empirical evidence suggests that volatile ODA can negatively impact growth through several channels. At the micro level, volatility can affect fiscal...
Persistent link: https://www.econbiz.de/10012723435