We present a model that is closely related to the so-called models of choice under complete uncertainty, in which the agent has no information about the probability of the outcomes. There are two approaches within the said ...

Este trabajo analiza cómo las curvas de probabilidad daño y el daño anual esperado, como indicadores del riesgo de inundación, se ven afectados por el cambio climático, las medidas de prevención estructurales o no estructurales ...

Chronic diseases strongly affect individuals' health status. In aggregate terms, this impact is reflected by the stock of health, which measures the amount of health of a population in a given period of time. The objectives ...

Erceg et al. (J Monet Econ 46:281–313, 2000) introduce sticky wages in a New-Keynesian general-equilibrium model. Alternatively, it is shown here how wage stickiness may bring unemployment fluctuations into a New-Keynesian ...

This article provides an overview of wealth inequality in England from the late thirteenth to the sixteenth century, based on a novel database of distributions of taxable household wealth across 17 counties plus London. ...

This paper provide evidence of the early transition from coal to oil for 20 Latin American countries over the first half of the 20th century, which does not fit the transition experiences of large energy consumers. These ...