Documenti ispano-genovesi dell'Archivio di Simancas

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Monograph

Identifikator:: 176352146X

URN:: urn:nbn:de:zbw-retromon-145495

Document type:: Monograph

Title:: Documenti ispano-genovesi dell'Archivio di Simancas

Place of publication:: Genova

Publisher:: Co' tipi del R.I. de' Sordo-Muti

Year of publication:: 1868

Scope:: 291 Seiten

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Documento XLV. Ill Figueroa soggiunge a Cesare nuovi particolari sui moti fkiscani, e sullo stato degli animi in Genova. 1547, 19 gennaio

Collection:: Economics Books

SEMAINE D’ETUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC. ov tions of the model. For example, having fixed the terminal conditions at the end of the transitional period, we may agree to choose a path through that period by maximising consump- tion subject to the terminal conditions and, of course, to the operating conditions of the period itself. For any given set of conditions we can use the model to work out a path. If the path is unacceptable we must reconsider the conditions that de- termined it. Or again, the model-builder may require some numerical data from the policy maker. For example, he will need to know how much is to be spent on public health, education, roads and other items of government consumption or invest- ment in social capital. He will also need to know the input structure of these expenditures. Since all demands on resources -ompete with each other, it will be possible to settle priorities, including the level of total private consumption, only when he implications of these proposed demands have been work- >d out. ft will be noticed at this point that there is a need for a aumber of government sub-models just like the industry sub- models advocated earlier. The operation of a health service or a defence system is a complicated matter which cannot be built into a general model. What is required is a separate sub-model for each of these activities. Given an amount of money to spend and a set of prices, each sub-model would be used to decide how this money should be spent. From this a cost structure would emerge for use in the general model. The general model might show that some revision in the sums to be spent would be necessary. As in the case of industry, there would have to be iteration between the model and the sub- models. Social cost-benefit analysis should prove of great value in this field of research [14] [15]. To sum up, the main features of policy-making for a system are, in my opinion, as follows. First, the different objectives of policy should, as far as possible, be considered together. r_ = Stone - pag. 27

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