The advent of digital television has triggered a revolution in the use of radio spectrum worldwide and in particular in Europe, where the digital switchover, meaning the migration process from analogue to digital broadcasting, has led to two major consequences on spectrum use. First of all,...

We discuss properties of alternatives or complements to GDP as a measure of welfare at business cycle frequencies. We argue that these figures are not useful to measure the welfare costs of business cycles. First, data is not available at an appropriate quality and frequency. Second, since the...