Central European Journal of Economic Modelling and Econometrics

Various theories have been put forward on the demographic and health effects and consequences of socioeconomic development. In this study, we used the theoretical findings of the epidemiologic transition as a starting point to examine the 2020 values of the three main cancer indicators (incidence, mortality, prevalence). These values were compared with socioeconomic development variables for 170 countries. The countries were grouped using hierarchical clustering, and linear discriminant analysis was used to evaluate how appropriate the clustering was. Principal component analysis was used to examine, by group, which parameters are significant in each principal component and what background factors underlie the data. The results seem to confirm the association between cancer and socioeconomic background.

Healthcare services differ from other public goods due to the characteristics of their demand and supply. As a public good, its provision might allow for a free rider effect. This study aimed at checking whether a patient's overall tendency to free ride impacts the Willingness to Pay for public healthcare access. The study demonstrates that besides the experience level with the valued good, free riding tendency also influenced the valuation. The results indicate that not only past decisions about free riding but also readiness to free ride in the future might change the willingness to pay for the public good.

This theoretical work studies a dynamic general equilibrium model with the financial sector in which aggregate activity depends on the conditions of intermediaries' balance sheets. This environment is used to demonstrate the business cycle consequences of changes in competition in the financial industry. On the one hand, a more competitive banking sector is associated with a higher average level of aggregate output. On the other hand, however, a less competitive financial industry increases financial and macroeconomic stability. This trade-off is present both in the short run and in the long run.