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Using rich geospatial data and causal machine learning (ML), this paper maps potential economic benefits from incremental investments in all major types of public and economic infrastructure across Africa. These 'infrastructure potential maps' cover all African populated areas at a spatial...
Persistent link: https://www.econbiz.de/10015078467
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If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by … childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the …
Persistent link: https://www.econbiz.de/10010201282
. Key points of a sustainable welfare model in ten theses are formulated. Such a model should illustrate the environmental …
Persistent link: https://www.econbiz.de/10009715730
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treaties tend to follow one of two model treaties, an OECD model treaty that favours the interests of capital exporting nations … and a United Nations model treaty that allows capital importing countries to retain more taxing rights. The study compares …
Persistent link: https://www.econbiz.de/10011333779
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A popular view of models among economists and philosophers alike is that all models are false, but some are useful. Models are frequently treated as convenient fictions, idealizations, stories about credible worlds, or "near enough" to the truth. But such a understandings pose serious questions,...
Persistent link: https://www.econbiz.de/10011950334
We develop a stock-and-flow-consistent model for South Africa with four financial instruments and detailed balance …-founded, the model departs significantly from current dynamic stochastic general equilibrium models as it assumes bounded … and the real sector/financial sector interaction. In the model, cyclical flow changes affect the long-term real and …
Persistent link: https://www.econbiz.de/10011776234
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