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Estelle James, Product Mix and Cost Disaggregation: A Reinterpretation of the Economics of Higher Education, The Journal of Human Resources, Vol. 13, No. 2 (Spring, 1978), pp. 157-186 ...
We use the structure of the Melitz (2003) model to compute the cost of living and welfare across 47 countries, and compare these to conventional measures of prices and real consumption from the ...
In this paper we propose and estimate a new single-product cost function, the CES-translog. Like the translog, it is a flexible functional form, but it is compatible with a wider range of substitution ...
Each bank holiday costs the UK economy £2.3bn and scrapping them would boost annual output by £19bn, economists say. The Centre for Economics and Business Research (CEBR) think tank wants them ...