In this paper an endogenous growth model is analyzed which takes account of environmental deterioration and abatement. The environment plays a role both in production and welfare. It is common practice to solve growth models by looking at a balanced growth solution, which is often associated...

Connectivity and isolation problems have become a source of policy interest in all European countries, largely as a result of the goal of the completion of the internal market. Against this background, the present paper aims to analyze the future position of the Aegean passenger shipping system....

This paper has been presented at the Journal of Applied Econometrics International Conference on the Micro-Econometrics of Dynamic Decision Making, in Tilburg, May 1994. We would like to thank John Rust, Arie Kapteyn and other participants at this conference for their helpful comments. This...

Prices on commodity markets are often correlated because they react to similar cycles in the economy. This is especially true for commodities which are inputs into the same products. And even more so for commodities which are considered here as partial substitutes. Prices of such commodities are...

This paper analyzes the impact of supply shocks, demand shocks and policy shocks on labour market dynamics, using a consistent macroeconomic flow model of the Dutch labour market. The long run properties of the model mimic those of the theoretical equilibrium search models, with endogenous...