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"This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. The authors examine how growth has affected mobility and the distribution of income among countries. They analyze changes in cross-country income structure and convergence, and look for evidence...
Persistent link: https://www.econbiz.de/10003758844
Persistent link: https://www.econbiz.de/10009611694
In this paper we use a multidimensional framework to characterise child poverty in the UK. We examine the interdependencies amongst the different dimensions of multidimensional poverty, and the relationship of multidimensional poverty with income poverty. We also explore the links between...
Persistent link: https://www.econbiz.de/10011201290
This timely book deals with the problem of pricing passenger and freight transportation within Europe. The contributors argue that current legislation affecting pricing and regulation is increasingly less successful in dealing with market failures and externalities such as congestion, air...
Persistent link: https://www.econbiz.de/10011118723
We explore the relationship between gambling and the use of credit at the individual and household levels using representative pooled cross-section data from the UK Expenditure and Food Surveys (EFS) (2001--2007). Gambling and the use of credit are shown to be positively correlated at the...
Persistent link: https://www.econbiz.de/10010549679
Persistent link: https://www.econbiz.de/10012086171
The failure of models of aggregate consumption to predict the consumer expenditure boom in the late 1980s is well- documented. This has generated a large theoretical and empirical literature in an attempt to refine our understanding of aggregate consumer spending behaviour. In this paper we...
Persistent link: https://www.econbiz.de/10005170045
This paper develops an empirical model of the relationship between road traffic accidents and traffic flows. The analysis focuses on the accident externality, which is determined mainly by the difference between the marginal and average risks. The model is estimated using a new data-set which...
Persistent link: https://www.econbiz.de/10005324370
Recent theoretical developments relating to investment under uncertainty have highlighted the importance of irreversibility for the timing of investment expenditures and their expected returns. This has subsequently stimulated a growing empirical literature which examines uncertainty and...
Persistent link: https://www.econbiz.de/10005142967
This paper develops an empirical model of the relationship between road traffic accidents and traffic flows. The analysis focuses on the accident externality which is mainly determined by the difference between the marginal and average risks. The model is estimated using a new dataset which...
Persistent link: https://www.econbiz.de/10010443304