The economic and fiscal impact of five alternative economic development events are compared and contrasted using a conjoined input-output/econometric modeling system. The five hypothetical events include retail, services (hospital) and manufacturing developments along with two housing developments. For the case study the simulation results suggest that impacts can vary wildly across the types o...

Oncology practice and economic realities are inexorably linked today. Developments in cancer economics are explored in this regular feature.

This essay reviews three prominent sociological studies of firms and markets: Neil Fligstein’s The Architecture of Markets, Glenn Carroll and Michael Hannan’s The Demography of Corporations, and Harrison C. White’s Markets from Networks. The review essay discusses how economic sociology focuses on processes ignored by economists. However, research findings and theoretical developments are rarel...

In recent decades, developments in the financial sector have played a major role in shaping macroeconomic outcomes in a wide range of countries. Financial developments have reinforced the momentum of underlying economic cycles, and in some cases have led to extreme swings in economic activity and a complete breakdown in the normal linkages between savers and investors. These experiences have le...

At the least sophisticated level of economic theory lies the belief that certain pairs of economic variables should not diverge from each other by too great an extent, at least in the long-run. Thus, such variables may drift apart in the short-run or according to seasonal factors, but if they continue to be too far apart in the long-run, then economic forces, such as a market mechanism or gover...

Health economic evaluation aims at providing information on the efficiency of interventions. Since the 1980s, there have been major developments in the field, especially in terms of methodologies. As the field has expanded and developed, methodologies have become increasingly sophisticated. In parallel, over the past decade, the conduct of economic evaluations has become more and more instituti...

abstract:the paper begins by noting that proposals involving significant developments in the regional tradearchitecture are being developed within regional processes that in some cases are simultaneouslypursuing other dimensions of regional economic integration: monetary and financial cooperation inthe case of asean + 3, and the establishment of a common market in the case of asean. at leastthr...

The discussion about country-specific influence on the interest rate decisions of the European Central Bank does not cease. To investigate the possibility of regional influence on the determination of the policy rate, we estimate Taylor-type reaction functions for the period from 1999 to 2005 and include country-specific variables of the euro zone member states. We do not find convincing eviden...