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On Existence and Bubbles of Ramsey Equilibrium with Borrowing Constraints

Becker, Robert; Bosi, Stefano; Van, Cuong Le; … - 2012

We study the existence of equilibrium and rational bubbles in a Ramsey model with heterogeneous agents, borrowing constraints and endogenous labor. Applying a nonstandard fixed-point theorem by Gale and Mas-Colell’s (1975), we prove the existence of equilibrium in a time-truncated bounded...

Persistent link: https://www.econbiz.de/10010900300

Some of the present and future challenges of EU Regional Policy

Marján, Attila - In: Society and Economy 30 (2008) December, pp. 293-302

efficiency be reinforced? Looking ahead one can see a few important challenges that the Union will have to face. Globalisation …

Persistent link: https://www.econbiz.de/10010900460

Stable cost sharing in production allocation games

Bahel, Eric; Trudeau, Christian - Department of Economics, University of Windsor - 2014

agents. In the case of IRS, we prove that it is always efficient to centralize the production of the good, whereas efficiency …

Persistent link: https://www.econbiz.de/10010900641

Distributional cost-effectiveness analysis: a tutorial

Asaria, Miqdad; Griffin, Susan; Cookson, Richard - Centre for Health Economics, Department of Economics … - 2013

Distributional cost-effectiveness analysis (DCEA) is a framework for incorporating health inequality concerns into the economic evaluation of health sector interventions. In this tutorial we describe the technical details of how to conduct DCEA, using an illustrative example comparing...

Persistent link: https://www.econbiz.de/10010900827

Estimating Companies and Sectoral Sustainability in Resource Consumption

CRUCERU, Ramona; PARTAL, Cristina - In: Economia. Seria Management 16 (2013) 1, pp. 191-203

evidence on resource indicators. The resource efficiency indicators relate to the following broad categories - overall … (national) resource consumption/ efficiency and industry resource consumption/efficiency. In the paper, the first category is …, the competitiveness level, the impact of financial crisis etc. Even if the most frequently used to estimate the efficiency …

Persistent link: https://www.econbiz.de/10010901665

Modeling the effect of CEO power on efficiency: Evidence from the European non-life insurance market

Bahloul, Walid; Hachicha, Nizar; Bouri, Abdelfettah - In: Journal of Risk Finance 14 (2013) May, pp. 266-285

Purpose – Many factors like CEO (“the chief executive officer”) decision can influence efficiency and productivity in … efficiency and the productivity of the European insurance industries, the authors use the flexible Fourier cost function and they …, not only efficiency scores in each country have changed, but also the order of non-life insurance systems. Also, the CEO …

Persistent link: https://www.econbiz.de/10010691546

Modelling the flow of knowledge and human capital: a framework of innovative capital

D'Artis Kancs; Ciaian, Pavel - In: International Journal of Public Policy 7 (2011) 1/2/3, pp. 134-160

Recently, the EU Council adopted a new labour migration policy instrument – the EU Blue Cards (BC) – for attracting the highly skilled workers to the EU. The present paper examines the potential impacts, which BC may cause on less developed sending countries (LDC). Our results suggest that...

Persistent link: https://www.econbiz.de/10010691815

Do Donors Care About the Price of Giving? A Review of the Evidence, with Some Theory to Organize It

Wong, Jade; Ortman, Andreas - School of Economics, UNSW Business School - 2013

We study how donors decide which charity to give to. To this end, we construct a theoretical model that clarifies the conditions in which the stand-alone benefit from giving, price of giving, and cost of information acquisition inform giving decisions. The model shows that giving decisions are...

Persistent link: https://www.econbiz.de/10010692243

Improvement of the strategy and infrastructure of innovation development of a big city

Ievsieieva Olga A. - In: The Problems of Economy (2013) 2, pp. 119-126

, based on principles of project management of economic development, flagship projects and indicators of efficiency of …

Persistent link: https://www.econbiz.de/10010692307

Model of efficiency of IT-outsourcing in the context of development of information systems of economic objects

Yuri, Lysenko; Bizyanov Yevgenii Y. - In: The Problems of Economy (2013) 2, pp. 190-195

The article considers possibilities, which are provided by IT-outsourcing to the modern economic objects, marks out supposed benefits, expenses and risks connected with its introduction. It offers a mathematical model, based on the theory of fuzzy sets, which is designed for provision of making...

Persistent link: https://www.econbiz.de/10010692323