From this paper's Preface, by Dr. Dimitri B. Papadimitriou, President: In Public Policy Brief No. 79, L. Randall Wray wrote about the Federal Reserve’s recent interest rate hikes that "the most charitable interpretation of the Fed’s policy change is that it appears to b...

<jats:p>Marketing and marketing policy in international markets, must be based, according to the authoress, upon the level of economic development within a specific country and regions within a specific country. The authoress proceeds to provide stages in development an...

Abstract This research paper is to announce a new policy to all systems which are sensitive to time. In tramp cargo transportation, as an example, the current policy is to select for each ship the cargo mix which contributes more to a gross-profit objective, assuming de...

Dieser Beitrag entwickelt einen Vorschlag zur indikationsspezifischen Kosten-Nutzen-Bewertung. Zentrales Konzept ist ein sozialer Gesundheitsindex, der die Leistung des Gesundheitswesens misst. Er berücksichtigt nicht nur das Niveau der Gesundheit in der Bevölkerung, so...

Building homogenous classes is one of the main goals in clustering. Homogeneity can be measured by the intra-class variance (Bock, 1998). Especially in erosion projects but in other applications as well the separation between the built classes is as important as the hom...

There are two similarities between the utility privatization programs of the UK and Latin America. Privatization has largely consisted of the transfer of industry-dominant, state companies into the private sector, often with statutory monopoly powers. In addition, the e...

We present a two country DGE model and estimate it using Bayesian techniques and euro area and US quarterly data for 1977 2004. In analysing the current accounts we find that a lower US rate of time preference or a higher dollar risk premium could render the deficit sus...

Der Staat versucht durch die verschiedensten Maßnahmen einer aktiven Arbeitsmarktpolitik, die Arbeitslosen wieder in den Arbeitsmarkt zu integrieren. Wie sind die Maßnahmen zu beurteilen? Ist die gegenwärtige Ausgestaltung der Transferzahlungen an Arbeitslose geeignet, ...

Das deutsche Umsatzsteuersystem ist sehr komplex. Viele der zahlreichen Ermäßigungstatbestände, beispielsweise der reduzierte Mehrwertsteuersatz für Blumen und Beherbergungsleistungen, sind schwer nachvollziehbar und in der Handhabung kompliziert. Die ursprüngliche Inte...

This paper explores the power of personality traits both as predictors and as causes of academic and economic success, health, and criminal activity. Measured personality is interpreted as a construct derived from an economic model of preferences, constraints, and infor...