Now showing items 243-262 of 652

  • Gender Inequality and the Sex Ratio in Three Emerging Economies 

    Bhattacharya, Prabir C (Heriot-Watt University, 2012)
    The aim of this paper is to study inequality and deprivations as reflected in the human sex ratio (commonly defined as the number of males per 100 females). The particular focus is on three emerging economies, viz., Russia, ...
  • A General and Intuitive Envelope Theorem 

    Clausen, Andrew; Strub, Carlo (University of Edinburgh, 2013-12)
    We present an envelope theorem for establishing first-order conditions in decision problems involving continuous and discrete choices. Our theorem accommodates general dynamic programming problems, even with unbounded ...
  • Genuine savings and future well-being in Germany, 1850-2000 

    Blum, Matthias; McLaughlin, Eoin; Hanley, Nick (University of Stirling, 2013)
    Genuine Savings (GS), also known as ‘net adjusted savings’, is a composite indicator of the sustainability of economic development. Genuine Savings reflects year-on-year changes in the total wealth or capital of a country, ...
  • The Global Dimension to Fiscal Sustainability 

    Byrne, Joseph P.; Fiess, Norbert; MacDonald, Ronald (University of Glasgow, 2008)
    This paper examines the issue of fiscal sustainability in emerging market countries and industrial countries. We highlight the importance of the time series properties of the primary surplus and debt, and find evidence ...
  • The Global Side of the Investment-Savings Puzzle 

    Byrne, Joseph P.; Fiess, Norbert; Fazio, Giorgio (University of GlasgowUniversiy of Palermo, 2008)
    In this paper we re-examine the long standing and puzzling correlation between national savings and investment in industrial countries. We apply an econometric methodology that allows us to separate idiosyncratic correlation ...
  • Global Warming And Extreme Events: Rethinking The Timing And Intensity Of Environmental Policy 

    Chen, Yu-Fu; Funke, Michael (University of DundeeHamburg University, 2010)
    The possibility of low-probability extreme events has reignited the debate over the optimal intensity and timing of climate policy. In this paper we therefore contribute to the literature by assessing the implications of ...
  • Global Warming and Fat Tailed-uncertainty: Rethinking the Timing and Intensity of Climate Policy 

    Chen, Yu-Fu; Funke, Michael (University of Dundee, 2012-06)
    The possibility of low-probability extreme natural events has reignited the debate over the optimal intensity and timing of climate policy. In this paper, we contribute to the literature by assessing the implications of ...
  • The Good, the Bad and the Populist: A Model of Political Agency with Emotional Voters 

    Jennings, Colin (University of Strathclyde, 2009)
    This paper attempts to extend existing models of political agency to an environment in which voting may be divided between informed and instrumental, informed and ‘expressive’ (Brennan and Lomasky (1993)) and uninformed ...
  • The Greying Church: The Impact of Life Expectancy on Religiosity 

    Papyrakis, Elissaios; Selvaretnam, Geethanjali (University of St AndrewsUniversity of East Anglia, 2009)
    Many churches are concerned about older and dwindling congregations. We develop a theoretical framework to explain not only the downward trend in church attendance, but also the increase in the proportion of older people ...
  • Growth and Survival Determinants of Chinese Private Firms: Fieldwork evidence and econometric estimates 

    Reid, Gavin C; Xu, Zhibin (University of St Andrews, 2009)
    This paper reports on one of the first empirical attempts to investigate small firm growth and survival, and their determinants, in the Peoples’ Republic of China. The work is based on field work evidence gathered from ...
  • Growth and Survival Determinants of Chinese Private Firms: Fieldwork evidence and econometric estimates 

    Reid, Gavin C; Xu, Zhibin (University of St Andrews, 2012)
    This paper reports on one of the first empirical attempts to investigate small firm growth and survival, and their determinants, in the Peoples’ Republic of China. The work is based on field work evidence gathered from ...
  • The Growth in Inter-connectedness in the Scottish Economy 1998-2007; a disaggregated analysis. 

    Dewhurst, John (University of Dundee, 2014)
    The measurement of inter-connectedness in an economy using input-output tables is not new, however much of the previous literature has not had any explicit dynamic dimension. Studies have tried to estimate the degree of ...
  • The Growth in Inter-connectedness in the Scottish Economy, 1998-2007; a disaggregated analysis 

    Dewhurst, John (University of Dundee, 2012)
    The measurement of inter-connectedness in an economy using input-output tables is not new, however much of the previous literature has not had any explicit dynamic dimension. Studies have tried to estimate the degree of ...
  • Growth Rate Estimation in the presence of Unit Roots 

    Chatterji, Monojit; Choudhury, Homagni (University of Dundee, 2010)
    This study addresses the issue of the presence of a unit root on the growth rate estimation by the least-squares approach. We argue that when the log of a variable contains a unit root, i.e., it is not stationary then the ...
  • Handling the endogeneity of income to health using a field experiment in Taiwan 

    Tseng, Fu-Min; Petrie, Dennis (University of Dundee, 2012)
    This paper uses an exogenous increase in income for a specific sub-group in Taiwan to explore the extent to which higher income leads to higher levels of health and wellbeing. In 1995, the Taiwanese government implemented ...
  • Harmful competition in the insurance markets 

    De Feo, Giuseppe; Hindriks, Jean (University of StrathclydeUniversité Catholique de Louvain, 2009)
    There is a general presumption that competition is a good thing. In this paper we show that competition in the insurance markets can be bad and that adverse selection is in general worse under competition than under ...
  • Hawtreyan “Credit Deadlock” or Keynesian “Liquidity Trap”? Lessons for Japan from the Great Depression 

    Sandilands, Roger (University of Strathclyde, 2009)
    This paper outlines the ideas of Ralph Hawtrey and Lauchlin Currie on the need for monetised fiscal deficit spending in 1930s USA to combat the deep depression into which the economy had been allowed to sink. In such ...
  • An HEI-Disaggregated Input-Output Table for Northern-Ireland 

    Hermannsson, Kristinn; Lisenkova, Katerina; McGregor, Peter G. (University of Strathclyde, 2010)
    This paper describes how the education sector of an Input-Output table for Northern Ireland is disaggregated to identify a separate sector for each of the four Northern Irish Higher Education Institutions (HEIs). The ...
  • An HEI-Disaggregated Input-Output Table for Scotland 

    Hermannsson, Kristinn; Lisenkova, Katerina; McGregor, Peter G.; Swales, J. Kim (University of Strathclyde, 2010)
    This paper describes how the education sector of the Scottish Input-Output tables is disaggregated to identify a separate sector for each of Scotland’s twenty Higher Education Institutions (HEIs). The process draws on ...
  • An HEI-Disaggregated Input-Output Table for Wales 

    Hermannsson, Kristinn; Lisenkova, Katerina; McGregor, Peter G.; Swales, J. Kim (University of Strathclyde, 2010)
    This paper describes how the education sector of the Welsh Input-Output tables is disaggregated to identify a separate sector for each of Wales’s twelve Higher Education Institutions (HEIs). The process draws on accounting ...

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