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This essay addresses issues related to the History of Economic Thought, Comparative Economic Analysis, and Institutional Economics alluded to in Mark Perlman's "The Character of Economic Thought, Economic Characters, and Economic Institutions". Specifically, some differences between the strands...
Persistent link: https://www.econbiz.de/10005396155
In this paper, we quantitatively assess the welfare implications of alternative public education spending rules. To this end, we employ a dynamic stochastic general equilibrium model in which human capital externalities and public education expenditures, financed by distorting taxes, enhance the...
Persistent link: https://www.econbiz.de/10005405961
eventually also economic theory itself. Note: This update on the February 1999 version has: (a) better notation, (b) relative …
Persistent link: https://www.econbiz.de/10005408083
Proper monetary accounting rules are: (1) Central Banks should conform to the practice of the US Federal Reserve to distinguish its Balance Sheet from its Statement of Conditions. (2) Fiat money should not appear as a liability in a Balance Sheet. (3) The Central Bank should not record more...
Persistent link: https://www.econbiz.de/10005408128
Travel time losses in the Netherlands are likely to get worse in the years ahead if capacity is not added to cope with the demand. This particularly creates problems for business travel, which is characterized by a high “value of time”. In the Netherlands, policy makers have a long-standing...
Persistent link: https://www.econbiz.de/10005408329
Individual semester-by-semester undergraduate grade point average for each of the eight semesters of the collegiate academic life cycle for five entire student cohorts for the classes of 1998, 1999, 2000, 2001, and 2002 at a large, private university in the northeast (N = 12,663) reveal a...
Persistent link: https://www.econbiz.de/10005464503
The proliferation of non-scheduled generation from renewable electrical energy sources such concentrated solar power (CSP) presents a need for enabling scheduled generation by incorporating energy storage; either via directly coupled Thermal Energy Storage (TES) or Electrical Storage Systems...
Persistent link: https://www.econbiz.de/10011098114
This user guide describes the rationale behind, and the modus operandi of a Unix script-driven package for evolutionary searching of optimal Support Vector Machine model parameters as computed by the libsvm package, leading to support vector machine models of maximal predictive power and...
Persistent link: https://www.econbiz.de/10011099345
Quantitative estimates of the impacts of climate change on economic outcomes are important for public policy. We show that the vast majority of estimates fail to account for well-established uncertainty in future temperature and rainfall changes, leading to potentially misleading projections. We...
Persistent link: https://www.econbiz.de/10011266981
The objective of this paper is to present to the scientific community a new dataset derived from existing literature on soil respiration in Africa. The data has thus been obtained by searching for records in peer review papers and grey literature. The main search engines used are: Scientific...
Persistent link: https://www.econbiz.de/10011268476