We use the same methodology, that Ecofin-Oecd apply for projecting expenditure in the medium-long term, to reconstruct expenditure in the medium-long past. It is possible to compare the effective expenditure with the reconstructed one. The effective expenditure is of course influenced by policy...

Amidst growing concerns over heightened natural disaster risks, this study pioneers an inquiry into the causal impacts of cyclones on the demand for private health insurance (PHI) in Australia. We amalgamate a nationally representative longitudinal dataset with historical cyclone records,...

An unprecedented crisis in the form of COVID-19 has posed a significant problem to both the lives and livelihood of the people around the world. Economic activities of India are also affected by this pandemic with phase-wise lockdowns, implementation of social distancing measures, global...

Here, we argue that the commercial for-profit insurance companies act more like a memory-less system in a way that the premiums paid by the policy holders during one accounting period will be of no avail to them during subsequent periods although the excess premiums earned in the previous...

Though the impact of cost-sharing on health care demand is well documented in developed countries, evidence from developing countries is rare. This paper’s contribution is to analyse the impact of increasing coinsurance in a developing nation -Vietnam – by exploiting a quasi-natural...

We put forward an optimal bidding mechanism for a bundle of power transmission infrastructure works. Specifically, the regulator auctions two works altogether: one is to be developed and operated by the winning bidder, while the other is an owner-operated and financed expansion of an existing...

The study assesses the extent to which Taliban 2.0 utilised social media as a political mobilisation strategy and provides a response through discourse analysis and a literature review. The study results indicate that the tactical use of social media was more apparent in 2021 when they were...

We examine the implications of different redistribution policy reforms in Morocco, considering taxation, and based on a dynamic general equilibrium model of three agents: households, firms and Ricardian government. Consequently, a policy that supports public investment guarantees significant...

Is the Value of Environmental Goods Sensitive to the Source of Public Funding? Evidence from a Marine Restoration Programme in the Black Sea Abstract In this paper we employ a choice experiment (conducted in Ukraine and Turkey) on the valuation of a marine restoration programme in the Black Sea,...

The literature on vouchers often concludes that a voucher-based system cannot be the outcome of a majority vote. This paper shows that it is possible to propose selective vouchers (of exogenous value) such that the majority of voters are in favour of selective vouchers. As long as the...