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This study investigates the trade-off between costs and benefits of bank regulation in Kenya. Using the Stochastic Frontier Analysis (SFA) and Annual data for the period 2003 - 2019, extracted from KBA Financial Database and KNBS macroeconomic data, the study models Industry-level and cluster...
Persistent link: https://www.econbiz.de/10012596046
This paper examines the economic foundations of three criteria used for evaluating the costs and benefits of social programs. Some criteria do not consider the scale of programs or address the costs associated with programs that expand or contract the total government budget. A recent addition...
Persistent link: https://www.econbiz.de/10013382023
Following early economist Francis Y. Edgeworth's proposal to measure people's hedonic experiences as they go about their daily lives, we use a smartphone app that over eight years randomly asked a panel of 30, 936 UK residents (N = 2, 235, 733) about their momentary feelings and activities to...
Persistent link: https://www.econbiz.de/10014311979
The appraisal of public investments is subject to formal guidelines which often require input prices, such as forecasted energy prices. Using Danish guidelines as a case study, we explore the discounting assumptions in these input prices and find rates ranging from 2.97% to 17.5%, markedly...
Persistent link: https://www.econbiz.de/10014383298
economists had done "work of high quality and great quantity in the field of taxation," the theory of public expenditure had been … inquiries. Indeed, by the mid-1980s the 'public expenditure theory' lacuna lamented by Samuelson had largely been filled with … explain this transformation, locating its origins in Richard Musgrave's normative theory of the public household and the …
Persistent link: https://www.econbiz.de/10013411358
We examine how different welfarist frameworks evaluate the social value of mortality riskreduction. These frameworks …
Persistent link: https://www.econbiz.de/10010905655
We examine how different welfarist frameworks evaluate the social value of mortality riskreduction. These frameworks …
Persistent link: https://www.econbiz.de/10011103487
We examine how different welfarist frameworks evaluate the social value of mortality riskreduction. These frameworks …
Persistent link: https://www.econbiz.de/10011160757
HIV continues to cause the largest number of disability-adjusted life years of any disease in HIV hyperendemic countries (i.e., countries with an adult HIV prevalence 15%). We compare the benefits and costs of two proven biological interventions to reduce the health losses due to the HIV...
Persistent link: https://www.econbiz.de/10011288526
Persistent link: https://www.econbiz.de/10012255925