This work is based on 2 working papers, produced within the NEUJOBS project (www.neujobs.eu). We studied the impact of a number of transport policies in the EU, focussing on the interaction of transport with the labour market. The objective was to determine: - if policies towards promoting...

The Egyptian revolution broke out in January 25, 2011, a revolution that sparked the national movements in the Arab world, and impressed the world as a model of an unprecedented popular peaceful uprising included all the spectrums of Egypt's society. It revolution addressed all forms of...

The degree of substitutability assumed between inputs in production and commodities in consumption is one of the key factors that might affect the range of predicted climate mitigation costs. We explore how and by how much assumptions about elasticities of substitution affect estimates of the...

Electricity users in Kuwait pay a nominal tariff of 2 fills (about USD 0.007) per KWh. Almost all cost of generation, distribution and supply are covered by a very generous government subsidy. The 2 fills/KWh was introduced in 1966 and has been retained at that level since then. On the other...

Recent work on human capital accumulation has tended to abstract from population change. This is a reasonable simplification when analysing economies with relatively static populations, such as high income countries. However, many low income countries are undergoing rapid population change,...

Comparing simulation results obtained by applied general equilibrium (AGE) models using intra-industry trade specifications based on the theoretical models presented by Armington (1969), Krugman (1980), and Melitz (2003) may be important in evaluating trade-related economic policies today. The...

After impressive increase in participation and attainment in the 20th Century, a sense of disillusion has taken root in parts of Europe and N-America as to the effectiveness of formal education for social and economic advancement. For example, Goldin & Kats (2009) note that education attainment...

This paper explores the role played by product variety and quality in a real business cycle model.Firms are heterogeneous in terms of their specific quality as well as productivity level. Firms which have costly technology enter in the period of high aggregated demand and produce high quality...

A large portion of the Indonesian population is entering the middle-class as its economy is growing rapidly. Nielsen, a leading media research said that currently, middle class in Indonesia is the third-largest in the world. There are about 74 million middle classes in Indonesia, and this number...

The experience from the recent global financial crisis on 2008/2009 showed that most macroeconomic instabilities came from the financial/banking sector. The condition of the financial system may affect monetary stability, through excessive pro-cyclicality in the financial system. Agung et al...