The paper focuses on the ongoing debate on non-market valuation, including the valuation environmental goods, and the opportunity to use contingent valuation for policy guidance. In fact, contingent valuation critics argue that reported willingness to pay answers do not reflect real economic...

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...

Happiness is an aspiration of every human being, and can also be a measure of social progress. Yet can one say that citizens are happy? If they are not, what if anything can be done about it? (Helliwell, Layard, & Sachs, 2013, p. 3) Understanding cities and citizenship has become a common place...