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Since the seminal paper by Chow and Lin the literature on temporal disaggregation has focused on temporal disaggregation of flow variables. Moreover, this literature on optimal methods has traditionally emphasized static models and forced all dynamic dimension of the link between time series to...
Persistent link: https://www.econbiz.de/10010732237
Since 1991, French taxpayers who employ someone to work at their home (for care, cleaning, etc.) can deduct 50 % of the employment cost from their income tax. In 2007, the tax reduction was turned into a tax credit, making lower income households eligible. However, this change was limited to...
Persistent link: https://www.econbiz.de/10009321233
Confronted with an ageing population, developed countries are facing the challenge of providing care to a growing number of disabled elderly people. Knowing how many they will be and, given the current pensions and welfare systems, how much it will cost to care for them is crucial to...
Persistent link: https://www.econbiz.de/10010575229
We analyze the euro area business cycle in a medium scale DSGE model where we assume two stochastic trends: one on total factor productivity and one on the inflation target of the central bank. To justify our choice of integrated trends, we test alternative specifications for both of them. We do...
Persistent link: https://www.econbiz.de/10008556978
Invasive alien species (IAS) have become a major driver of biodiversity loss, second only to habitat fragmentation in recent decade. Europe is particularly affected by alien species, which are invading the continent an unprecedented pace. Their impact means that many of the region's rarest...
Persistent link: https://www.econbiz.de/10009640592
Bivariate failure rates and mean residual lives for nonnegative integer valued discrete variables are defined and examined for the unique determination of the underlying frequency runction. As an application, a bivariate geometric distribution is obtained through a characterization approach...
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