Transportation plays a significant role in each country’s economy and it is critically important to ensure its dynamic harmonious development. Operating expenses and time consumption are important indicators for planning vertical profile of high-speed railway line. The paper presents two...

We provide an example of a data set where all the revealed preference relations seem to be consistent with single crossing differences and yet the revealed preference relations cannot be extended to a complete preference obeying that property

Our aim is to describe how a software component called TDICPS can be used. TDICPS is a MS-Excel module developed in VBA (visual basics for applications) by the authors that transforms an integrated variable into cumulative partial sums for positive and negative components along with graphs for a...

The present paper measures the labour multipliers in the Greek economy by means of input-output analysis. The purpose of the paper is to study the interdependencies between the labour structure changes and economic growth in Greece, by measuring the backward and forward multipliers by industry....

This paper estimates ex-post the macroeconomic impacts of the high-speed toll motorway investment of Attiki Odos, in the Athens Metropolitan Area in Greece. Attiki Odos is incorporated in the Trans-European Networksand it is a priority project aimed at developing the greater area of Athens and...

A fiscal rule controlling the government surplus as a function of the deviation of the actual debt ratio from a target level is introduced in an otherwise benchmark endogenous growth model in which productive government expenditures are financed by taxes and government debt. This generates a...

In this paper, we examine some important aspects related to safeguarding environmental quality. Beginning by defining the identity of the agents considered, we conceptually describe how whilethey have different identities, they can be simultaneously influenced by three distinct elements: self...

Multi-Criteria Decision Analysis (MCDA) enables decision makers (DM) and decision analysts (DA) to analyse and understand decision situations in a structured and formalised way. With the increasing complexity of decision support systems (DSSs), it becomes challenging for both expert and novice...

Many systems can operate in different modes of functioning. Conventional Data Envelopment Analysis (DEA) would ignore that fact and consider instead that the system is a black box, paying attention just to the overall input consumption and output production. In this paper a more fine-grained...

Rating transition models ([8], [13]) have been widely used for multi-period scenario loss projection for CCAR stress testing and IFRS 9 expected credit loss estimation. Though the cumulative probability of default (PD) for a rating can be derived by repeatedly applying the migration matrix at...