Showing 1 - 10 of 1,141
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012482082
Resources to fight the War for Independence from Great Britain (1775-1783) were to be provided to the U.S. Congress by …, largely flowed to where the theater of war was located. Thus a geographic imbalance in revenue and spending arose. Because …
Persistent link: https://www.econbiz.de/10012464382
A war-related factor model derived from textual analysis of media news reports explains the cross section of expected … spanning 160 years, the war factor predicts the cross section of returns across test assets derived from both traditional and … hedges for war risk receiving lower risk premia, or with assets that are more positively sensitive to war prospects being …
Persistent link: https://www.econbiz.de/10014322736
rare. Our methodology avoids look-ahead bias and addresses semantic shifts. War discourse positively predicts market …-grade corporate bonds. The predictive power of war discourse increases in more recent time periods …
Persistent link: https://www.econbiz.de/10014287305
Persistent link: https://www.econbiz.de/10000725058
When investing in research and development (R&D), institutions must decide whether to take a top-down approach -- soliciting a particular technology -- or a bottom-up approach in which innovators suggest ideas. This paper examines a reform to the U.S. Air Force Small Business Innovation Research...
Persistent link: https://www.econbiz.de/10012510578
Army cadets obtain occupations through a centralized process. Three objectives - increasing retention, aligning talent, and enhancing trust - have guided reforms to this process since 2006. West Point's mechanism for the Class of 2020 exacerbated challenges implementing Army policy aims. We...
Persistent link: https://www.econbiz.de/10012585395
This paper investigates the empirical relationship between inclusion and state capacity, as theorized by Besley and Persson (2009). We examine the impact of racial discrimination on Black U.S. military enlistment during the onset of WWII. We find that discrimination had a large and negative...
Persistent link: https://www.econbiz.de/10012696391
This paper analyzes the determinants of the supply of enlistees to the U.S. Army, using quarterly data from 1975:4 through 1982:3 for the 50 states and the District of Columbia. For high-quality enlistees, defined as those with test scores in the top half of the population or top scoring...
Persistent link: https://www.econbiz.de/10012477836
Recent debates over health care reform, including in the context of the Military Health System (MHS) and Veterans Health Administration, highlight the dispute between public and private provision of health care services. Using novel data on childbirth claims from the MHS and drawing on the...
Persistent link: https://www.econbiz.de/10012482475