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This paper explores the causes and consequences of regional taste differences. I introduce habit formation into a standard general equilibrium model. Household tastes evolve over time to favor foods consumed as a child. Thus, locally abundant foods are preferred in every region, as they were...
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I discuss the measurement of world poverty and inequality, with particular attention to the role of purchasing power parity (PPP) price indexes from the International Comparison Project. Global inequality increased with the latest revision of the ICP, and this reduced the global poverty line...
Persistent link: https://www.econbiz.de/10008622175
We develop a new model of household sorting in a system of residential neighborhoods. We show that this model is partially identified without imposing parametric restrictions on the distribution of unobserved tastes for neighborhood quality and the shape of the indirect utility function. The...
Persistent link: https://www.econbiz.de/10008683647
This paper attempts to detect the existence of links in consumption patterns between generations. Preferences over consumption goods may be determined by the preferences of parents and/or by preferences arising from the environment. We propose an indirect methodology to overcome the lack of data...
Persistent link: https://www.econbiz.de/10011052352
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may be judged better in citations than other journals at some points in time but not at the others. The assumption that … compare the relative ranking of 23 finance journals using citations for all articles from them during 1990-2010. Findings …
Persistent link: https://www.econbiz.de/10014941346
informational value relative to others. The RAMs include the impact factor, mean citations and non-citations, journal policy, number …The paper focuses on the robustness of rankings of academic journal quality and research impact of 10 leading … econometrics journals taken from the Thomson Reuters ISI Web of Science (ISI) Category of Economics, using citations data from ISI …
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