The literature on costs of financial instability tends to focus on fiscal costs and the impact on GDP of banking crises. In this paper we analyse the effect of a banking or currency crisis on consumption. We show that consumption plays an important role in the macroeconomic adjustment following a financial crisis. Furthermore, the effect of a crisis is aggravated by high leverage, notably as sh...

This note presents a new model, called GAMMA, which is an intertemporal applied general equilibrium model of the Dutch economy. The GAMMA model draws upon CPB’s generational accounting (GA) model, but extends it in several ways in order to account for important economic behavioural effects. In particular, the GAMMA model adds to the GA model a household sector, a firm sector and a pension fund ...

Background One of the main objectives of health systems is the financial protection against out-of-pocket (OOP) health expenditures. OOP health expenditures can lead to catastrophic payments, impoverishment or poverty among households. In Iran, health sector evolution plan (HSEP) has been implemented since 2014 in order to achieve universal health coverage and reduce the OOP health expenditures...

nowadays energy has significant role in socio economic development of counties; any decision on energy sector may affect the broad area in societies. system approach in energy modeling as an efficient method is known by many researchers in management and planning in a country particularly in energy sector. also system dynamics is one of the efficient methods, for reason unique ability at solvin...

OBJECTIVES To evaluate treatment-seeking behaviour, financial impact and time lost due to malaria events, in southern Mozambique and eastern South Africa. METHODS In-depth household surveys (828 in Mozambique and 827 in South Africa) were analysed. An asset index was calculated using principal component analysis to allow comparison across socio-economic groups. Direct costs of seeking care an...

In this paper we examine the investments in energy-efficient household appliances from an energy system perspective. We consider a set of ten appliances constituting the majority of the electricity consumption in the private household sector, and investigate whether investing in improved energy efficiency can compete with the cost of electricity supply from existing or new power plants. To asse...

Environment and development issues are complex and interdependent. Institutions underpinning state, private sector and civil society actions at various levels must address complexity to ensure social-ecological system integrity. However, responses often operate at only one governance level, with limited interactions with other levels, restricting their ability to support communities who depend ...

1 The survey units An informal sector survey is concerned with economic units of special types namely householdbased and other small-scale establishments. Exactly what type of units are in the scope of the survey is a substantive issue, dependent on circumstances and data requirements, and is not considered here. However, certain common features can be noted. Typically, the survey is confined t...