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.In this paper we assess the impact of commodity price volatility on tax revenues, while existing works were concentrated on … country-specific indices which measure the volatility of the international price of 41 commodities in the sectors of … homogenous between countries. First, the export price volatility impact is negative except for oil exporters for whom it is null …
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determines the relative price of investment, can affect the investment rate and the permanent growth rate of the economy. The …
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The allocation of resources between education and health is an important and puzzling decision for the governments in countries with high mortality rate. We build a three-period overlapping generation model with mortality risk and show that if public education expenditure exceeds a critical...
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Eine geschlossene ökonomische Theorie der Naturkatastrophen existiert bislang nicht. Arbeiten, die sich dieses Themas aus volkswirtschaftlicher Sicht annehmen und dabei vor allem die langfristig wirksam werdenden ökonomischen Prozesse betrachten, besitzen folglich Pioniercharakter. Denn die...
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