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we show that the plausible policy decision depend on parameters describing the balance between poverty and program … exclusion risk. In the Tunisian case, only a much larger weight put on poverty relatively to exclusion could bring the decision …
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targeting of policies to address the root causes of poverty. Sustainable policy interventions are in need of reliable concepts …Poverty and inequality persist in many regions of the developing world. This may be due mainly to an ineffective … of poverty and of a thorough understanding of the underlying mechanism that lead to such deprivation. The three essays of …
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Despite favourable ecological and economic results, many developing countries have not yet adopted an integrated pesticide management (IPM). Given rising marginal costs and diminishing marginal benefits from IPM technology transfer, an optimal control framework is used to identify optimal rates...
Persistent link: https://www.econbiz.de/10010265444
We state efficiency conditions for the provision of congestable local public goods that diminish individual-specific proprietary risks. The optimum level of such a public service is determined by equating the sum of the reductions of the expected property losses due to a better service level...
Persistent link: https://www.econbiz.de/10010296256
We study price pressures in stock prices-price deviations from fundamental value due to a risk-averse intermediary supplying liquidity to asynchronously arriving investors. Empirically, twelve years of daily New York Stock Exchange intermediary data reveal economically large price pressures. A...
Persistent link: https://www.econbiz.de/10010303739