This paper estimates treatment effects for back pain patients using observational data from a low-key social insurance reform in Norway. Using a latent variable model we estimate the average treatment effects (ATE), the average effect of treatment on the treated (TT), and the distribution of...

The extent of low paid work and the particular features of its distribution are important public policy issues, especially as the growth in low paid work in recent decades has been an important contributory factor in the increasing levels of wage inequality in Australia and other industrialised...

This handbook shows how to set up, approximate, and estimate a standard real business cycle model enriched with labour market frictions. The structural equations of the model are derived by maximizing the agents’ objective function subject to the structure of the economy. Given the complexity...

The paper basically deals with two important concepts: security economy and economic security. The former is a relatively new term implying the way of building an entire system of protection by measures and activities to prevent deliberate actions affecting the quality of life and goods, while...

We investigate the effectiveness of a government subsidy and mitigation based insurance contracts at discouraging migration into the wildland interface and at inducing incentives for risk mitigation. We construct a model of the individual migration decision, where the individual maximizes...

This paper analyses the role of information and communication technology (ICT) in Australia, Japan, South Korea and Taiwan within a framework of endogenous growth theory. The focus of this study is ‘knowledge spillover' from ICT. The empirical results suggest that the knowledge spillover from...