1,721,007 research outputs found
The European debt crisis and fiscal reactions in Europe 2000-2014
Get PDFAfter the outbreak of the global financial crisis, some governments in the EU experienced serious fiscal problems, while others were less affected. This paper seeks to shed light on the divergent fiscal performance in the EU countries before and after the outbreak of the crisis. Fiscal reaction functions of the primary balance are estimated for different groups of EU countries using quarterly data for the pre-crisis period 2001-2008 and for the crisis period 2009-2014. The pre-crisis estimations reveal some differences in persistence and cyclical reaction between different groups of countries, but in most cases little feedback from the debt stock to the primary balance. The fiscal reaction functions of the countries that eventually developed fiscal problems do not stand out. The estimations on data from the crisis period show largely unchanged persistence and counter-cyclicality but much more feedback from the debt stock, and this applies both to the crisis countries and those less affected. In spite of large deficits and accumulation of debt, the underlying fiscal reaction has become more prudent after the outbreak of the European debt crisis.The final publication is available at Springer via http://dx.doi.org/10.1007/s10368-014-0309-
A New Business Model in Health Care Between Public and Private: Low Cost High Value Healthcare
No full textThe aim of the paper is analyzing the phenomenon of low cost high value in healthcare, understanding its organizational paradigm, the motivations, the services offered and placement. Over the past years, we have questioned the possibility of creating new models of health care organization, able to respond to the demand for health care with new management tools to develop, implement and spread both the public and private healthcare system. The model focused on public control of health over the years has always been more trouble in responding to the demand for health care in increasingly complex social contexts. There is a need to innovate with new management tools to be disseminated both the public health and the private sector. The ways to contain health care expenditure, normally involve a decrease in the quality of services. Some of the measures are commonly adopted patient co-pay schemes, or practicing de-facto rationing, either by limiting the number of actual treatments provided in combination with long waiting lists, or carrying out consumer health campaigns focused on prevention, all with the aim of limiting the demand for public health services. The low cost high value in health care can be an answer at this stage of welfare change. In the research the case study method is used and it's focused on two low cost high value medical centers: Centro Medico Santagostino and OdontoSalute, located in Northern Italy. The "cross-case analysis" is used to identify the specific features of the low cost high value business model and the contribution to the health system. This study demonstrated that the low cost high value business model in health care system is a solution to the welfare change. The need of more systematic studies in this area is highlighted
Uncertainty and Measurement in Macroeconomics. Ebakindlus ja m\uf5\uf5tmine makro\uf6konoomikas
No full textEsseed majapidamiste tarbimisest ja sissetulekute alaraporteerimisest. Essays on Household Consumption and Income Underreporting
No full textIntressi ja valuutaturgude efektiivsus euroalal ning Kesk- ja Ida-Euroopas. The Efficiency of Interest Rate and Foreign Exchange Markets in the Euro Area and Central and Eastern Europe
No full textEssays on Volatility and Contagion in Financial Markets. Uurimused volatiilsusest ja nakkuslikkusest finantsturgudel
No full textInvestorite k\ue4itumine ning volatiilsuse as\ufcmmeetria. Investor Behavior and Volatility Asymmetry
No full textEsseed rakenduslikust makro\uf6konoomikast, pangandusest ja finantsstabiilsusest. Essays on Applied Macroeconomics, Banking and Financial Stability
No full text
- …
