As student numbers in higher education in the UK have expanded during recent years, it has become increasingly important to understand its cost structure. This study applies Data Envelopment Analysis (DEA) to higher education institutions in England to assess their cost structure, efficiency and...

A number of studies have explored the semi- and nonparametric estimation of stochastic frontier models by using kernel regression or other nonparametric smoothing techniques. In contrast to popular deterministic nonparametric estimators, these approaches do not allow one to impose any shape...

Environmental cost-benefit analysis (ECBA) refers to social evaluation of investment projects and policies that involve significant environmental impacts. Valuation of the environmental impacts in monetary terms forms one of the critical steps in ECBA. We propose a new approach for environmental...

Se presenta el bloque español (ES-MCM) del modelo Multi-Pais del Sistema Europeo de Bancos Centrales (ESCB-MCM) para el area del euro, que ha sido desarrollado conjuntamente por el Banco de España. Este modelo guarda una estrecha relacion con el Are-Wide Model del ECB (AWM, see Fagan et al....