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See also <I>Proceedings of Banca d' Italia Public Finance Workshop on "Rules and Institutions for Sound Fiscal Policy after the Crisis"</I> (pp. 443-475). Rome: Banca d'Italia.<P> and<P> 'From Budgetary Forecasts to Ex Post Fiscal Data: Exploring the Evolution of Fiscal Forecast Errors in the European Union'...</p></p></i>
Persistent link: https://www.econbiz.de/10011255896
> We address the notion of dynamic, endogenous diversity and its role in theories of investment and technological … optimize the net benefits of diversity. The model takes into account increasing returns to scale and the effect of different … dimensions of diversity on the probability of emergence of a third option. We obtain analytical solutions describing the dynamic …
Persistent link: https://www.econbiz.de/10011255510
This paper examines the effects of specialisation (within-sector clustering) and diversity (between-sector clustering …, not necessarily business services firms, so diversity is negatively related to location decisions. Almost all firms either …
Persistent link: https://www.econbiz.de/10011257168
This paper seeks to identify relationships between human capital and cultural capital, in the context of local labour market productivity. The key constituents of human capital, identified in the literature, are jointly examined in a close-to-reality-model. The main advantage of our model of...
Persistent link: https://www.econbiz.de/10011257327
willingness to pay for mixed land use. For example, apartment occupiers are willing to pay almost 25 percent more for diversity …
Persistent link: https://www.econbiz.de/10011257505
="http://www.sciencedirect.com/science/article/pii/S0165176511002242">'Economics Letters'</A> 113(1), 76-79.<p> We consider the bias of the 2SLS estimator in the linear instrumental … coefficient estimation bias under various scenarios regarding the number and strength of instruments. …
Persistent link: https://www.econbiz.de/10011256466
We use a subsample bootstrap method to get a consistent estimate of the asymptotically optimal choice of the samplefraction, in the sense of minimal mean squared error, which is needed for tail index estimation. Unlike previous methodsour procedure is fully self contained. In particular, the...
Persistent link: https://www.econbiz.de/10011257229