The net worth approach to fiscal analysis is cast in a simple model able to capture the dynamics and steady-state equilibria of public sector's debt, nonfinancial and financial assets, and net worth under alternative fiscal rules, including the golden rule and the golden rule cum debt...

Modeling dynamic systems can be made using several instruments and techniques, simulation being among these. Simulation of a system operating, allows evaluation of the kind how it will develop in certain conditions or because its management using a specific set of rules. In many cases,...

This paper proposes a dynamic data envelopment analysis (DEA) model to measure the system and period efficiencies at the same time for multi-period systems, where quasi-fixed inputs or intermediate products are the source of inter-temporal dependence between consecutive periods. A mathematical...