Showing 1 - 10 of 377
discrete choice experiment provides a novel investigation of the acceptability of different interventions to reduce alcohol … consumption and the effect of information on expected effectiveness, using a UK general population sample of 1202 adults. Policy … options included high, medium and low intensity versions of: Minimum Unit Pricing (MUP) for alcohol; reducing numbers of …
Persistent link: https://www.econbiz.de/10011042269
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....
Persistent link: https://www.econbiz.de/10013098277
countries' standards, keeping domestic consumption growth at surprisingly low levels. As a consequence, despite the size of its …
Persistent link: https://www.econbiz.de/10013098570
procyclical vis-Ã-vis sending country income. Second, remittances tend to be spent on consumption of both imported and …
Persistent link: https://www.econbiz.de/10013101521
This paper investigates whether there is a different impact from changes in quot;newquot; and quot;oldquot; economy stock valuations on private investment for seven OECD economies. A vector autoregressive model is estimated for each individual country, using quarterly data over the period...
Persistent link: https://www.econbiz.de/10012737672
valuations on private consumption. Estimating a reduced-form VAR for seven OECD countries for the 1990s, it is found that the … impact from changes in old economy stock valuations on consumption is in general larger in the United States, Canada, and the … United Kingdom than in continental Europe. Furthermore, the impact from changes in new economy valuations to consumption is …
Persistent link: https://www.econbiz.de/10012737673
This paper provides a model on how altruism, quot;attachmentquot; to the home country, and portfolio diversification may act as potential motives behind workers` remittances. It shows that the level of workers` remittances depends on how great are their degrees of altruism and...
Persistent link: https://www.econbiz.de/10012783091
We empirically revisit the crowding-in effect of government spending on private consumption based on rolling windows of … U.S. data. Results show that in earlier samples government spending is increasingly crowding in private consumption … consumption in the utility function and rule-of-thumb consumers to assess the sources of non-monotonic changes in the transmission …
Persistent link: https://www.econbiz.de/10012956500
Was the post-crisis growth slowdown in Central, Eastern and Southeastern Europe (CESEE) structural or cyclical? We use three different methods--production function approach, basic multivariate filter, and multivariate filter with financial frictions--to evaluate potential growth and output gaps...
Persistent link: https://www.econbiz.de/10012960571
This paper draws out the parallels between Korea and Japan in terms of demographics, potential growth, balance sheets, asset prices and inflation. Korea's demographic trends seem to track Japan's with a lag of about 20 years. Low productivity in the service sector and labor market duality are...
Persistent link: https://www.econbiz.de/10012962151