Analyzing consumer welfare from observable data, or empirical demand functions has been a very controversial issue in economics. One metric often used is deadweight loss from a tax or price increase. A classic debate in economic history regarding the appropriate methodology for measuring...

This paper studies the e ects on registered employment, earnings, and number ofregistered establishments of two employment subsidy schemes in Turkey. We implementa di erence-in-di erences methodology to construct appropriate counterfactuals forthe covered provinces. Our ndings suggest that both...

Este artículo evalúa los efectos que los subsidios al mantenimiento del empleo hayan podido tener sobre la probabilidad de que los trabajadores con mayor edad permanezcan en su empresa. Mediante la implementación de un diseño cuasiexperimental, propiciado por cambios en la regulación...

Recent corporate reporting history is well–known for its corporate failures andquestionable accountancy practices, many of which caused the profession to befrowned upon. However, the splodge on the accounting profession?s reputationgoes deeper than its corporate reporting failures. The...

The trade-off between price stability and output stabilization is in the centre of monetary policy-making. This trade-off enters many macroeconomic models as the central bank is assumed to minimize some loss function consisting of inflation deviations and output deviations from some specific...

There has been an increasing demand for involving stakeholders in the development of sustainable civil infrastructure systems. It has been acknowledged that one key element of a project is stakeholder involvement. As such, failure to successfully involve the stakeholders of an infrastructure...

Este artículo analiza el problema de un planificador benevolente que desea controlar una población de agentes heterogéneos sujetos a perturbaciones idiosincrásticas. Esto es equivalente a un problema de control determinista en el que la variable de estado pertinente es la distribución de...

We develop a agricultural model assuming that conventional production is causing environmental externalities while more benign alternative production methods generate non-market amenity benefits and obtain a price premium in the marketplace. We analyze policies targeting external benefits and...

Small and micro-enterprises play a significant part in most economies. However, in developing countries these enterprises have tended to be looked at from a development, or poverty alleviation perspective, rather than as potentially growing businesses. This paper explores the possibility of...

In this paper, distribution and welfare effects of changes in block price systems are evaluated. A method is discussed to determine, for a Marshallian demand function, equivalent variation in case of a block price system. The method is applied to analyze welfare and distribution effects of...