Youth unemployment rates are significantly and consistently higher than total unemployment rates, hitting especially high values in a crisis context. The aim of this work is to assess the determinants of youth unemployment in developed countries, relying on a youth to total unemployment ratio....

This paper analyses airlines’ efficiency and productivity using two different methodologies: data envelopment analysis and total factor productivity, and we additionally investigate which factors account for differences in efficiency. Our main findings show that low-cost carriers are in...

The purpose of this paper is to explain differences in the productivity of capital across countries taking 84 rich and poor countries over the period 1980-2011, and to test the orthodox neoclassical assumption of diminishing returns to capital. The marginal product of capital is measured as the...

The rapid growth in the consumption of electricity in China and India has been covered at 80% by coal, which has the side effect of emitting CO2 to the atmosphere. The alternative is the use of nuclear energy that, to become unquestionably competitive, must use supercritical water as coolant....

In the presence of events that are seen as ambiguous by all agents in an economy, if preferences are representable by expected uncertain utility functions (Gul and Pesendorfer, 2014), general equilibrium does not typically exist.

Geographical Information Systems (GIS) are an essential tool to integrate and manage large amounts of data (statistical and graphical) and to visualise the modelling efforts of the contemporary city. The further use of spatial analysis methods, in particular the exploratory analysis of data and...