Developing a network of long-term care (LTC) services is currently a health policy priority in many countries, in particular in countries with a health system based on a National Health Service (NHS) structure. Developing such a network requires proper planning and basic information on future...

A universal strategy to promote physical activity in primary care has the potential to increase life years lived free from physical disease. There is only weak evidence that a universal intervention strategy might prove cost-effective. </AbstractSection> Copyright The Author(s) 2014

We use longitudinal patient-level data from a German sickness fund with 7.26 million insured in a Markov-simulation model to assess the cost-effectiveness of long-acting injectable risperidone (LAI-RIS) compared with long-acting injectable flupentixol (LAI-FLX) in the long-term management of...

In this paper, using an econometric model (the model with Markov switchings), monetary policy of the Russian Federation in 2001—2011 is studied, based on the Taylor rule. CBR’s policy priorities in relation to inflation and the exchange rate in the given period are identified. Monetary tools...

The GDP or GNP as a measure of economic performance of a country changes continuously. We can identify the factors that precede its ups and downs. For such forecasting, the use of Markov models are not new, but in this paper, an attempt is made to propose a covariate-dependent Markov model to...

This paper extends a method developed by Hall (2014) to characterize the long-run distribution of public debt and applies it to Austria. We use Bayesian estimation techniques to incorporate data from other countries which makes the model applicable to cases in which available time series is...

Land use and land cover (LULC) models are essential for analyzing LULC change and predicting land use requirements and are valuable for guiding reasonable land use planning and management. However, each LULC model has its own advantages and constraints. In this paper, we explore the...

I develop a Markov model of samrt money chasing past winning funds while taking into account associated costs. The model also allows market capital entry and exit. The steady-state capital allocations re derived using constant transition probabilities. The results sugget that down side risk is...