Cost-benefit analyses and other quantitative appraisals are used in many countries to support decision-making in different areas of public policy, including many investment projects in sectors such as transport and energy. These decisions can have significant effects – either negative or...

The authors provide a broad overview of economic aspects of commodity taxation, focussing in particular on theory and on policy applications in OECD countries. Some major papers in public economics have discussed whether these taxes should be levied at a uniform rate, or whether different...

Economic theory suggests that unemployment could affect human capital investment decisions in either direction. The authors use microdata on sixteen year-olds from the U.K. Family Expenditure Survey to examine the effects of household circumstances and regional unemployment rates on early school...

Introduction : defining the boundaries of the theory and practice of social media risk -- Theory into practice : why is stakeholder theory important? -- Risk management theories and practice in social media -- The role of the audience : embracing the opportunities that social media presents --...

Economic growth is, ultimately, the result of the myriad of transactions which take place in a market economy. Similarly, the distribution of income depends on who has ownership of factors of production, how much they can sell them for, and whether the resultant income is redistributed or not....

The OECD Social Expenditure data base (SOCX) allows the monitoring of trends in aggregate social expenditure and changes in its composition. But aggregate social expenditure may sometimes fail to reflect the true ‘effort’ of a country in providing social support. Account needs to be taken of...