Narrow search
Showing 1 - 10 of 118
Cover Image
The Other Side of Value : Good Growth and the Gross Profitability Premium
Novy-Marx, Robert - 2010
Profitability, as measured by gross profits-to-assets, has roughly the same power as book-to-market predicting the cross-section of average returns. Profitable firms generate significantly higher average returns than unprofitable firms, despite having, on average, lower book-to-markets and...
Persistent link: https://www.econbiz.de/10012462711
Cover Image
Nearly Optimal Pricing for Multiproduct Firms
Chu, Chenghuan Sean - 2008
In principle, a multiproduct firm can set separate prices for all possible bundled combinations of its products (i.e., "mixed bundling"). However, this is impractical for firms with more than a few products, because the number of prices increases exponentially with the number of products. In...
Persistent link: https://www.econbiz.de/10012464731
Cover Image
Technology, Information and the Decentralization of the Firm
Acemoglu, Daron - 2006
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. However, the manager can use her...
Persistent link: https://www.econbiz.de/10012466463
Cover Image
The Kindergarten Rule of Sustainable Growth
Brock, William A. - 2003
The relationship between economic growth and the environment is not well understood: we have only limited understanding of the basic science involved and very limited data. Because of these difficulties it is especially important to develop a series of relatively simple theoretical models that...
Persistent link: https://www.econbiz.de/10012469101
Cover Image
Trade and Environment Beyond Singapore
Whalley, John - 1996
This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully...
Persistent link: https://www.econbiz.de/10012473066
Cover Image
Sustainable Growth and the Green Golden Rule
Beltratti, Andrea - 1993
We study a growth model with an environmental asset which is a source of utility and an input to consumption and production. The stock of this asset follows its own ecological dynamics, which are affected by economic activity. We study the implications of an approach to ranking sequences of...
Persistent link: https://www.econbiz.de/10012474520
Cover Image
Long-Run Environmental Accounting in the U.S. Economy
Muller, Nicholas Z. - 2019
This paper estimates an augmented measure of national output inclusive of environmental pollution damage in the United … States economy over a 60-year period. The paper reports two primary findings. First, air pollution intensity declined … precipitously from the 1950s to the modern era. Air pollution damage comprised roughly 30 percent of output in the post WWII economy …
Persistent link: https://www.econbiz.de/10012479859
Cover Image
The Environmental Kuznets Curve : Exploring A Fresh Specification
Bradford, David F. - 2000
between income level and pollution). The new specification enables us to draw conclusions from fixed effects estimation. In …
Persistent link: https://www.econbiz.de/10012470730
Cover Image
Lead and Juvenile Delinquency : New Evidence from Linked Birth, School and Juvenile Detention Records
Aizer, Anna - 2017
Using a unique dataset linking preschool blood lead levels (BLLs), birth, school, and detention data for 120,000 children born 1990-2004 in Rhode Island, we estimate the impact of lead on behavior: school suspensions and juvenile detention. We develop two instrumental variables approaches to...
Persistent link: https://www.econbiz.de/10012455289
Cover Image
Trade, Pollution and Mortality in China
Bombardini, Matilde - 2016
Has the expansion in exports affected pollution and health outcomes across different prefectures in China in the two …) PollutionExportShock represents the pollution content of export expansion and is measured in pounds of pollutants per worker; (ii … the rest of the world. We find that the pollution content of export affected pollution and mortality. A one standard …
Persistent link: https://www.econbiz.de/10012455876