Showing 1 - 10 of 90
Cost-sharing policies for higher education have been implemented in several countries in various ways. We argue that to assess their appropriateness and facilitate their implementation it is necessary to develop statistical indicators of the distribution of returns. When starting a higher...
Persistent link: https://www.econbiz.de/10010753332
In this study we evaluate the impact of demographic change on energy use. The results are obtained from calibrated overlapping generations general equilibrium model for Italy. Contrary to studies based on partial equilibrium regression models, or fixed price models that are unable to account for...
Persistent link: https://www.econbiz.de/10010719426
This paper presents a dynamic Overlapping Generations Computable General Equilibrium (OLG-CGE) model of Scotland. The model is used to examine the impact of population ageing on the labour market. More specifically, it is used to evaluate the effects of labour force decline and labour force...
Persistent link: https://www.econbiz.de/10011048864
Most of the developed countries have been experiencing sub-replacement fertility. This leads to worries over the sustainability of economic growth in these countries. Given this concern, we ask the following questions: Is there a force that would allow economic growth and declining population to...
Persistent link: https://www.econbiz.de/10011048866
In this paper we estimate the benefit for the ageing North countries of diversifying some of their trade away from other North countries in favour of South countries. To this end we use a six-region overlapping generations model that takes into account the demographic trends of the 21st century...
Persistent link: https://www.econbiz.de/10011048954
This article aims to analyse the impact of urbanization on renewable and non-renewable energy consumption in OECD …, urbanization and population density are found to be significant factors, particularly with respect to non-renewable energy … consumption. The results also reveal that while total population and urbanization positively influence non-renewable energy …
Persistent link: https://www.econbiz.de/10010753352
This paper examines regional divergence in income across different states in India, and estimates convergence clubs endogenously. The paper makes two useful contributions. First, the data is analyzed using a novel method due to Phillips and Sul (2007) leading to different conclusions in...
Persistent link: https://www.econbiz.de/10010608278
This paper shows that in the short term both gold and crude oil prices positively influence each other. Interest rates have a negative influence on the future gold prices and a positive influence on the future crude oil prices. In the long run, a relationship exists whereby interest rates...
Persistent link: https://www.econbiz.de/10010608286
A Structural VAR model is employed to investigate the effects of monetary and fiscal policy shocks on stock market performance in Germany, UK and the US. A significant number of past studies have concentrated their attention on the relationship between monetary policy and stock market...
Persistent link: https://www.econbiz.de/10010608293
Long run convergence implies that the convergence hypothesis will be rejected if the income differential is not stationary. However, this definition is valid only if the catching-up process between the two countries is already over. If we take into account catching-up dynamics, then poorest...
Persistent link: https://www.econbiz.de/10010608298