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Heal, Geoffrey - 2002

Reduction of the earth’s biodiversity as a result of human activities is a matter of great concern to prominent … scientists. What are the economic aspects of this loss? In economic terms, what is biodiversity and why might it matter? And is … the loss of biodiversity in any way connected with globalization of the economy? …

Persistent link: https://www.econbiz.de/10011335768

Policy instruments for creating markets for biodiversity: Certification and ecolabing

Nunes, Paulo A. L. D.; Riyanto, Yohanes E. - 2001

creating markets for biodiversity. In the paper we conclude that the success of a policy instrument for creating markets for … biodiversity depends on the nature crucial factors, including the ability of the policy instrument to deal with (a) the public good … nature of most of the nonmarket biodiversity benefits; (b) the asymmetric informational characteristics related to the …

Persistent link: https://www.econbiz.de/10011608834

Public expenditure and international specialisation

Brülhart, Marius; Trionfetti, Federico - 2001

It is widely recognised that public-sector purchasers tend to discriminate in favour of domestic suppliers. We study the consequences of home-biased public procurement on international specialisation. In the theoretical analysis we find two effects. First, a country will specialise in the sector...

Persistent link: https://www.econbiz.de/10010295571

How Decentralised Is Government Activity?

Osterkamp, Rigmar; Eller, Markus - In: CESifo DICE Report 01 (2003) 1, pp. 32-35

Persistent link: https://www.econbiz.de/10011696421

Functional Decentralisation of Government Activity

Osterkamp, Rigmar; Eller, Markus - In: CESifo DICE Report 01 (2003) 3, pp. 36-42

Persistent link: https://www.econbiz.de/10011696443

The Bias of the Gini Coefficient due to Grouping

Ourti, Tom Van; Clarke, Philip - 2008

We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the … it reduces a considerable share of the bias due to grouping. …

Persistent link: https://www.econbiz.de/10010325812

International Diversification at Home and Abroad

Cai, Fang; Warnock, Francis E. - 2005

? equities in investors' portfolios nearly doubles, reducing (but not eliminating) the observed home bias. …

Persistent link: https://www.econbiz.de/10010260530

The Size and Performance of Public Sector Activities in Europe

Handler, Heinz; Koebel, Bertrand; Reiss, Philipp; … - 2005

The obvious difference in the economic performance of countries has led to the question why some countries are so much wealthier than others, and whether the size, the structure, and the organisation of the public sector contribute to cross-country income and growth gaps. Public sector...

Persistent link: https://www.econbiz.de/10011435174

The global effects of US fiscal policy

Flood, Kimberly - 2008

The author examines the global impact of U.S. fiscal policy using the Bank of Canadas' Global Economy Model (Lalonde and Muir 2007). In particular, she examines the global macroeconomic implications of the expiration of major tax cuts in the United States and of expected increases in U.S....

Persistent link: https://www.econbiz.de/10010289667

Equal size, equal role? Interest rate interdependence between the Euro area and the United States

Ehrmann, Michael; Fratzscher, Marcel - 2003

This paper investigates whether the degree and the nature of economic and monetary policy interdependence between the United States and the euro area have changed with the advent of EMU. Using real-time data, it addresses this issue from the perspective of financial markets by analysing the...

Persistent link: https://www.econbiz.de/10010298252

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