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Maximum-likelihood estimates of the parameters of stochastic differential equations are consistent and asymptotically efficient, but unfortunately difficult to obtain if a closed-form expression for the transitional probability density function of the process is not available. As a result, a...
Persistent link: https://www.econbiz.de/10009483276
its impact on the nations’ welfare considering the major challenges for a transition economy. Part II of the paper …
Persistent link: https://www.econbiz.de/10009449253
This thesis investigates a coordination mechanism for a supply chain with one manufacturer and one retailer in a single period, single product newsvendor model. It looks beyond the conventional supply chain coordination problem by incorporating a specific form of warranties. The manufacturer...
Persistent link: https://www.econbiz.de/10009450977
To counter the effect of recessions on workers, Congress has passed legislation to spur job creation through increased spending on public works (infrastructure) and public service programs, revenue sharing with state governments, and employment tax credits. Although the economic stimulus measure...
Persistent link: https://www.econbiz.de/10009482933
A major area of concern for sociologists and economists who study poverty and inequality is the financial well being of low-income individuals as measured by their opportunities to participate in what is considered the "mainstream financial market." Scholars suggest that a myriad of factors,...
Persistent link: https://www.econbiz.de/10009438451
This dissertation presents and estimates a model that examines the economic causes of intergenerational welfare … recipiency. Previous literature in this area has found that daughters of welfare recipients have a higher incidence of receiving … welfare than daughters of non-recipients. My dissertation measures the possible economic causes underlying this phenomenon by …
Persistent link: https://www.econbiz.de/10009438523
instruments in altering diets and improving health. However, little is known about the welfare impacts of fiscal food policies on … society. This paper fills a gap in the literature byassessing the distributional impacts and welfare effects resulting from a … welfare economics framework is developed allowing the calculation of the distributional characteristics of various food groups …
Persistent link: https://www.econbiz.de/10009442678
This paper focuses on the estimation of changes in economic welfare (real income) on different groups (income deciles … rise in food prices has resulted in a welfare loss for all income deciles, particularly for those in the lower income … economic welfare (real income) on different groups (income deciles) of Hungarian and Romanian consumers following food price …
Persistent link: https://www.econbiz.de/10009442733
and welfare, we analyze the welfare from the agents economic that show the externalities negatives deriving from of the …
Persistent link: https://www.econbiz.de/10009442798
the New Member States (NMS), and the consequent welfare implications. The study finds that EU enlargement has important … NMS gain from accession because of higher prices, whereas consumers in most NMS face a welfare loss. Incorporating … technology transfer into the accession increases the welfare gain of producers despite falling prices because of the larger …
Persistent link: https://www.econbiz.de/10009443059