-
作者：Muellbauer, J
作者单位：University of Oxford
摘要：This paper analyses the roles of property and land values in the UK economy and considers property tax reform with the objectives of improving macro-economic stability, resource allocation, economic inequality and the environment. With UK house prices at all-time peaks relative to incomes, concerns about affordability and the distributional consequences have increased. The Barker Review for the UK Treasury of new housing supply reported in 2004 and recommended extensive reforms of the land use...
-
作者：Ray, I; Ganguly, C
作者单位：University of Birmingham
-
作者：Markose, SM
作者单位：University of Essex
摘要：Few will argue that the epi-phenomena of biological systems and socio-economic systems are anything but complex. The purpose of this Feature is to examine critically and contribute to the burgeoning multi-disciplinary literature on markets as complex adaptive systems (CAS). The new sciences of complexity, the principles of self-organisation and emergence along with the methods of evolutionary computation and artificially intelligent agent models have been developed in a multi-disciplinary fash...
-
作者：Zazzaro, A
作者单位：Marche Polytechnic University
摘要：The intimate linkages between law and finance are currently the centre of wide-ranging empirical investigations. This article presents a simple banking model with information asymmetries concerning borrowers' entrepreneurial talent. It is shown that improvements in the enforcement of contract by courts reduce agency problems but can also reduce the bank's incentive to screen borrowers adequately, thus worsening credit allocation. A stricter enforcement of credit contracts, therefore, may be so...
-
作者：Towse, R
作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：Professor Sir Alan Peacock has worked in cultural economics for over 35 years and he pioneered much of what is now the core subject matter of the field. This paper traces the development of his theoretical work on the economics of the arts, heritage and broadcasting, and shows how it interacted with his role as adviser to and chairman of several prestigious committees in the cultural sector.
-
作者：Fafchamps, M; Shilpi, F
作者单位：University of Oxford; The World Bank
摘要：Using survey data from Nepal, we examine the relationship between proximity to urban centres and the organisation of labour. We show that wards located in and near cities have more diversified and more market oriented activities. This suggests the presence of returns to market specialisation in cities. We also find some evidence of returns to hierarchical specialisation. These effects are felt up to four hours of travel time from large cities. Urbanisation is associated with lower female labou...
-
作者：Burgess, S; Turon, H
作者单位：University of Bristol; Centre for Economic Policy Research - UK
摘要：We examine the inter-related dynamics of the unemployment flows and stock. Our model allows them to be linked through the standard accounting identity, but also through behavioural relationships. We find that, for the UK, the bulk of the correlation between duration and the unemployment stock arises from the dependence of duration on unemployment, taking careful account of the inter-temporal identity. Outflow shocks have contributed little to the evolution of unemployment since the late 1960s....
-
作者：Berger, LM; Hill, J; Waldfogel, J
作者单位：University of Wisconsin System; University of Wisconsin Madison; Columbia University
摘要：This paper uses data from the National Longitudinal Survey of Youth to explore links between mothers' returns to work within 12 weeks of giving birth and health and developmental outcomes for their children. OLS models and propensity score matching methods are utilised to account for selection bias. Considerable associations between early returns to work and children's outcomes are found suggesting causal relationships between early returns to work and reductions in breastfeeding and immunisat...
-
作者：Tanaka, S
作者单位：Columbia University
摘要：To understand the relationship between parental leave and child health better, this study examines the aggregate effects of parental leave policies on child health outcomes using data from 18 OECD countries from 1969-2000. The focus is investigating the effects of both job-protected paid leave and other leave - including non-job-protected paid leave and unpaid leave - on child health outcomes, more specifically, infant mortality rates, low birth weight and child immunisation coverage. This stu...
-
作者：Ehrmann, M; Fratzscher, M
摘要：This article investigates whether the degree, of interdependence between the US and the euro area has changed with EMU by analysing the effects of monetary policy and macroeconomic news on daily interest rates in the two economies. The article finds a strongly increased interdependence of money markets around EMU. Spillover effects from the US to the euro area remain stronger than in the opposite direction, but US markets have started reacting to euro area developments. In recent years certain...
