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In developing countries illness shocks can have a severe impact on household income. Few studies have so fare examined the effects of mortality. The major difference between illness and mortality shocks is that a death of a household member does not only induce direct costs such as medical and...
Persistent link: https://www.econbiz.de/10004963661
This paper analyses public policy choices in the security economy from an economic perspective. It discusses the role of public goods for national and global security and identifies the importance of the first- and second-order indirect effects of insecurity on economic activity, which include...
Persistent link: https://www.econbiz.de/10004963827
, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the correlation between …
Persistent link: https://www.econbiz.de/10004963830
earnings deter risk-averse individuals. In this paper I analyse the expected value and variance of income in self …-employment entry and exit under risk are estimated, which include a standard risk aversion parameter. The model predicts that the …
Persistent link: https://www.econbiz.de/10005068790
parameter of risk aversion. The simulation results indicate that flatter tax systems do not encourage, but rather discourage … people from choosing self-employment. This is explained by the reduction of entrepreneurs' income risk through progressive …
Persistent link: https://www.econbiz.de/10005069001
Security as an objectively existing quality which can be discussed in innumerable ways, but it may hardly be ignored and its significance (let alone its existence) may hardly be doubted. Security is a fundamental human need which is a subject of our efforts for its satisfaction and its chronic...
Persistent link: https://www.econbiz.de/10005071053
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...
Persistent link: https://www.econbiz.de/10008611293
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...
Persistent link: https://www.econbiz.de/10008611294
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...
Persistent link: https://www.econbiz.de/10009024575
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...
Persistent link: https://www.econbiz.de/10009024577