Does globalization restrict the leeway for national budgetary policy? With the help of cluster and discriminant analysis this study provides evidence on the basis of the experience of OECD countries since the 1970s. Four budgetary dimensions are included in the analysis: tax structure,...

The paper conducts a detailed examination of the existing evaluative frameworks for microfinance institutions to gauge the differences and similarities. Efficiency evaluates how MFIs are meeting the performance standards considering time and budget constraints. Outreach evaluates the...

In this study we combine clustering techniques with a moving window algorithm in order to filter financial market data outliers. We apply the algorithm to a set of financial market data which consists of 25 series selected from a larger dataset using a cluster analysis technique taking into...

The accuracy of U.N. population projections is examined. The goal is to measure the amount of uncertainty associated with past projections of the United Nations in order to provide a reaiistic measure of the uncertainty in the projection that the U.N. makes in the future. Various descriptive...

In this paper business cycles are considered as a multivariate phenomenon and not as a univariate one determined e.g. by the GNP. The subject is to look for the number of phases of a business cycle, which can be motivated by the number of clusters in a given dataset of macro-economic variables....

Анализ оболочки данных (DEA) - это относительно новая методика измерения технической эффективности. Если сформулировать техническую эффективность определенного...

In the paper we propose an to evaluation of the environmental effects of consumption activities. The approach consists of two steps, namely (1) assignment of environmental effects to consumption activities, for which we propose to use the methods of (multidimensional) cost sharing, and (2) a...

Environmental cost-benefit analysis (ECBA) refers to social evaluation of investment projects and policies that involve significant environmental impacts. Valuation of the environmental impacts in monetary terms forms one of the critical steps in ECBA. We propose a new approach for environmental...

The statistical properties of the efficiency estimators based on Data Envelopment Analysis (DEA) are largely unknown. Recent work by Simar et al. and Banker has shown the consistency of the DEA estimators under specific assumptions, and Banker proposes asymptotic tests of whether two subsamples...

This paper intends to contribute to an on-going change of perspective in territorial policies, more focused on a place-based integrative development strategy, which can be enhanced by social capital. This includes organizational and institutional learning for knowledge and skills' transfer and...