traditional studies, considering mainly investment and production costs, external costs must be taken into account when making a … feasibility study of a new power plant on a new country energy mix. Consideration of external costs is also crucial for efficient … external costs shows us the way to evaluate energy systems with inclusion of all environmental and social costs generated in …

The New Keynesian Phillips Curve (NKPC), driven by unit labor costs has been criticized for failing to match inflation … the fit of the NKPC, by introducing a fuller marginal cost proxy, "unit total costs", that is derived from both labor and … non-labor unit costs; the latter includes capital-related costs and production taxes. Borrowing costs are examined …