5,919 research outputs found
Housing Price Bubbles and their Determinants in the Czech Republic and its Regions
This working paper, based on an empirical analysis, discusses factors affecting property prices and tries to identify periods of property price overvaluation by three approaches: using simple ratios related to house prices (price-to-income and price-to-rent), using time series analysis for the Czech Republic as a whole, and using panel regression for the Czech regions. The time series analysis and the simple indicators of housing price sustainability identified overvalued property prices in 2002/2003 and partly also in 2007/2008. According to the time series analysis, however, the size of the housing price overvaluation in 2007/2008 was relatively low, as the rise in property prices in this period was largely explainable by fundamentals. From the regional perspective, there is a higher degree of overvaluation in regions with higher property prices. The exception is Prague, which seems to be a “specific†region.Asset price bubbles, Czech Republic and its regions, housing prices, panel regression.
An assessment of the impact of possible CAP reform scenarios on Romanian agriculture
Using a simplified model, with key-variable the prices of two different possible scenarios of CAP reform after 2013 (moderate and radical), this paper present a comparison between the price effects of implementation of each reform scenario at 2015 horizon on Romanian agriculture. This short analysis shows that, under the presented hypotheses, the net welfare effect, due to the price changes, for the selected products, is positive in both reform scenarios, yet greater in the case of the radical reform. Integrated in the large context of Romanian development, it seems that the influence of CAP reform upon agriculture and rural areas will be most likely a gradual one: an interpenetration between the two scenarios is foreseeable, starting with the moderate reform that will dominate the period around 2013, the reform measures acquiring a more radical character afterwards.CAP reform, Romania, welfare effects, Agricultural and Food Policy,
Price Dynamics and the Market for Access to Trading Partners
At each point in time, price dynamics in a market are determined by a market for access to trading partners, implemented by competitive profit-maximizing brokers. This mechanism is applied to a market in which the value of a good declines over time and buyers decide optimally when to reenter the market and buy a new unit. Price adjustment paths in response to increases and decreases in demand are then derived using the differential equations generated by the model.
Can the HM-test be brought to an end?
cost concepts, critical elasticity, HM-test, LRIC, price–cost margin, L4, L5, L96,
Knowledge and Skills Partnerships in Youth Justice
This is an Accepted Manuscript of a book chapter published by Routledge in [Knowledge and Skills Partnerships in Youth Justice] on [07/08/2024], available online: http://www.routledge.com/Knowledge-and-Skills-Partnerships-in-Youth-Justice/Price-Creaney/p/book/9781032There are different types of knowledge relevant and applicable to the youth justice context that can be developed or acquired through engagement in academic study/scholarship and mastered through professional practice. Evidence-based practice, defined in different ways, is informed and guided by empirical research, theoretical insights, young people’s narratives and professional knowledge/expertise (Baker et al., 2011). The focus of this edited collection is on forms of knowledge exchange (transfer) between professionals and academics in the youth justice context. The phrase ‘Knowledge and Skills Partnerships’ is invoked, and covers a spectrum of meanings, employed as an umbrella term that encompasses the exchange and transfer of knowledge between stakeholders and translation of theory/evidence into practice. This emphasis on the construction and dissemination of knowledge in youth justice was the theme of an event on Wednesday 8 June 2022. Dr Jayne Price, Dr Sean Creaney and Gareth Jones chaired a one-day online conference 1 about ‘Knowledge Transfer Partnerships’ between youth justice practice and academia. The event was hosted by Cheshire Youth Justice Services, Edge Hill University and the University of Chester, and focused on knowledge/evidence production and utilisation in youth justice practice. The catalyst for the event was HM Inspectorate of Probation’s (2021:6) report on Cheshire Youth Justice Services: We were impressed with the [Youth Justice Service] YJS’s use of evidence and academic research to inform and develop practice and services. This is some of the strongest we have seen. The inspectorate alluded to the benefits of a well-established knowledge and skills partnership and how evidence is used to inform practice. It was heartening to see such value placed on research-informed and evidence-based practice, highlighted in the final inspection report that was then published online (HM Inspectorate of Probation, 2021). It is important to emphasise the opportunity which this conference and book presents of drawing together other expertise in this area. This includes creating a space to disseminate achievements (including proactive knowledge exchange strategies), engage academic/practice experts and heighten the importance of knowledge and skills partnerships by creating a space for professionals to reflect upon their own beliefs and values, including principles that underpin meaningful knowledge exchange activity. Understanding the environments within which practitioners operate is of paramount importance, (re)attaching value to ‘knowledge from practice, or practice wisdom’ (Gibson, Vaswani and Dyer, 2024), when seeking to nurture the development of evidence-based policy and practice within organisations.Unfunde
Knowledge partnerships in youth justice: Building learning and evaluative cultures
HM Inspectorate of Probation is committed to reviewing, developing and promoting the evidence base for high-quality probation and youth justice services. Academic Insights are aimed at all those with an interest in the evidence base. We commission leading academics to present their views on specific topics, assisting with informed debate and aiding understanding of what helps and what hinders probation and youth justice services.
This report was kindly produced by Dr Sean Creaney and Dr Jayne Price, highlighting the purpose, value and functioning of knowledge partnerships in youth justice. These partnerships involve the sharing of ideas, insights and experiences between members of the research/academic community and youth justice professionals. Through aligning the worlds of academia/
research and practice, the partnerships can be mutually beneficial, bridging gaps between evidence and action while also facilitating the further development of the evidence base. Furthermore, the partnerships can help to build evaluation/research cultures across the youth justice sector, with research and evidence moving from a marginal to more central role within
organisations and services. For the partnerships to function effectively, meaningful participation and reciprocal collaboration are essential components, enabled through trusting and respectful professional relationships, with everyone recognising each other’s areas of expertise, experiences, interests and priorities. Within the inspectorate, we collaborate with academics and external researchers in numerous ways, looking to utilise and maximise the knowledge, experience and skills across the research
community, helping to produce a rounded and balanced view of the evidence base, while also recognising that the evidence base never stands still. Critically, knowledge partnerships and research collaborations can help drive the continuing development of rights-respecting, child-centred practice.Unfunde
Price convergence in the enlarged internal market
The studies' main aim is to investigate the effects of the EU-10 enlargement on price convergence within the Internal Market. It distinguishes between the opposite forces provided by: (1) the catching up effect of the EU-10, expected to lead to a rise in price levels; and (2) increased competitiveness pressure on prices expected to lower price levels due to lower mark ups of prices over marginal costs. The study is based on comparative price levels for the EU-25, covering the period 1999-2004. Distinct variables were identified as proxies for the catching-up and competition forces. The following analysis proceeded in two steps. First, it is examined whether price convergence has occurred and, second, what are its main drivers. The results confirm the presence of price convergence. This process is particularly visible in the case of basic headings, most likely because they are related to more homogeneous products. Moreover, both catching up and competition have been important factors for explaining price convergence. In addition, both effects seem to be more pronounced for the EU-10 than for the EU-15.EU enlargement, Internal Market, price convergence, Balassa Samuelson effect, competition, Dreger, Kholodilin, Lommatzsch, Slacalek, Wozniak
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