The paper represents an attempt to determine the level of fiscal deficit which does not require more financing than is compatible with sustainable internal and external borrowing, and which is consistent with the expected and desirable levels of macroeconomic indicators, such as economic growth and the rate of inflation. At the same time it takes into account the existing foreign trade potentia...

Previous studies have shown that false recognition decreases with study repetition for young but not for older adults, suggesting a deficit in recollection but not familiarity in old age. It is unclear, however, precisely how false recognition changes over a series of presentation frequencies for young and older adults. The present study examined this issue using a plurality discrimination task...

This paper tries to explain the declining level of public investment in OECD countries by taking account of political and economic driving forces. The theoretical framework hints to the relevance of a number of demand and supply factors – ranging from the yield of public investment to institutions like the EU deficit limits of the Stability and Growth Pact. The econometric results indicate that...

Abstract Water is one of the sources human life. Population growth continues to increase and results in higher utilization water sources. This will certainly affect availability city Yogyakarta. balance a comparison between potential demand place certain period. analysis useful for knowing amount excess (surplus) or lack (deficit) so that use can be managed as well possible. The calculation was...

This paper tries to explain the declining level of public investment in OECD countries. The theoretical framework hints to the relevance of a number of demand and supply factors – ranging from the yield of public investment to institutions like the EU deficit limits. The econometric results indicate that the decline is largely due to two developments: First to the pile-up of public debt since t...

We study the problem of allocating heterogeneous indivisible tasks in a multi-object-demand model (i.e., each agent can be assigned multiple objects) where monetary transfers are allowed. Agents’ costs for performing tasks are their private information and depend on what other tasks they are obtained with. First, we show that when costs are unrestricted or superadditive, then there is no envy-f...

In 1986 the Dutch government started to regulate animal agriculture through the imposition of the phosphate based manure production rights (quotas). Mandatory production control programs affect asset values. Capitalization theory postulates the value of any asset is equal to the present value of its expected future returns. We es timated a reduced form derived land demand model using pooled cro...

Robustness of optimal solutions when solving network design problems is of great importance because of uncertainty in future demand. In this research the optimization of infrastructure planning in a multimodal passenger transportation network is defined as a multiobjective network design problem, with accessibility, use of urban space by parking, operating deficit and climate impact as objectiv...

in the recent decades, due to water shortage problems, most countries have adopted their new policies from water supply management to water demand management . the main objective of the present study is a simulation of water market in order to determine the role of market in the balance between water supply and water demand and to analysis impacts of irrigation water sharing policies on the cro...