There is not much research on welfare-economics from the perspective of human wellbeing (happiness). The main reason is that this is qualitative and subjective phenomena are not easily captured by measurement. In the present endeavour, the authors tried to capture it (happiness) from the...

Correctly measuring a country’s national income and its growth is essential to the understanding of various aspects of the country’s economy both at present and in the future. The measurement issue is even more important for economies like China whose size-based economic-political power is...

Rationale The revision to the Annual and Quarterly National Accounts figures by the National Statistics Institute in September was more extensive than in previous years and has altered the interpretation of some aspects of Spanish economic developments since the pandemic. Takeaways •The new...

Diese Bachelorarbeit führt in den Themenkomplex Wohlstand und dessen Messung ein. Es wird gezeigt, wer oder was heutzutage als „wohlhabend“ bezeichnet werden kann. Es wird der Frage nachgegangen, ob das Bruttoinlandsprodukt das geeignete Messinstrument für Wohlstand ist. Dazu wird sich...

This paper analyses in the framework of a 2-region economic geography model the impact of transfers on agglomeration of economic activity. Two main results can be derived: First, subsidies to the activity of firms are more efficient to avoid agglomeration than subsidies to consumers (social...

Our aim is to investigate whether the direct payments and rural development measures of theEU’s Common Agricultural Policy (CAP) do make jobs in agriculture safer. We work with adynamic labour demand equation that is augmented by the full set of policy instruments of theCAP. It is estimated on...

The thesis analyzes monetary and labor policies under different market frictions. In the first part several versions of a microfounded dynamic general equilibrium model with monopolistic competitors in the product and/or labor market are derived and simulated. First of all, the monetary...