The Australian economy is constantly affected by technological, demand and policy shocks from home and abroad. The opportunities and challenges presented by these shocks create demand for government advice on the likely effects on households, firms and the Australian economy, and in turn...

The Australian economy is constantly affected by technological, demand and policy shocks from home and abroad. The opportunities and challenges presented by these shocks create demand for government advice on the likely effects on households, firms and the Australian economy, and in turn...

Given the importance of anthropogenic determinants in forest ecosystems within Europe, the objective of this paper is to link the evidence arising from biological models with socioeconomic determinants, where the expected returns of forest investments represent the main driver. An...

Given the importance of anthropogenic determinants in forest ecosystems within Europe, the objective of FFSM++ is to link the evidence arising from biological models with socioeconomic determinants, where the expected returns of forest investments represent the main drivers. An inventory-based...

Questions about land use change induced by policies impacting the agricultural sector such as bio-fuel mandates have clearly raised the interest of understanding to which extent changes in agricultural productions stem from the extensive margins – expansion of agricultural land cover – or...

Modelling dependent defaults has long been a central issue for credit risk measurement and management. To address this important issue, we introduce a Markovian infectious model to describe the dependent relationship of default processes of credit securities. The central tenant of the proposed...

The paper investigates the CAP impacts on the EU agriculture by means of policy simulations conducted with the AGMEMOD model. To isolate the policy effects in the historical period 2000-2005, counterfactual simulations for this period are run. To simulate the response of the EU agriculture on...

The future agricultural policy framework seems clear. Even though the present trends do not point in this direction there is a strong probability that in the long run Swiss agriculture will have to forfeit border protection, while domestic support will be restricted to fully Green Box-compatible...