Showing 1 - 10 of 68
We present a continuous time series on first cabin passenger fares for ocean travel from New York to the British Isles covering nearly a century of time. We discuss the conceptual and empirical difficulties of constructing such a time series, and examine the reasons for differences between the...
Persistent link: https://www.econbiz.de/10012456251
Modern information technologies have greatly facilitated timely dissemination of information to a broad base of investors at low costs. To examine their effects on the real economy, we exploit the staggered implementation of the EDGAR system from 1993 to 1996 as a shock to information...
Persistent link: https://www.econbiz.de/10012481384
Supporters of touch-screen voting claim it is a highly reliable voting technology, while a growing number of critics argue that paperless electronic voting systems are vulnerable to fraud. In this paper we use county-level data on voting technologies in the 2000 and 2004 presidential elections...
Persistent link: https://www.econbiz.de/10012467374
This paper examines the output contributions of capital and labor deployed in information systems (IS) at the firm level during the period 1988-91 throughout the business sector, using two different sources of data on these inputs. Our production function estimates suggest that there are...
Persistent link: https://www.econbiz.de/10012474402
The network of economists who publish in leading journals is generally perceived as small, exclusive, and tightly knit …. We study how author-editor and author-reviewer network connectivity and "match" influences editor decisions and reviewer …
Persistent link: https://www.econbiz.de/10012814406
estimable formulae for the effects of fiscal policies on aggregate GDP, or fiscal multipliers, and show how network structures …
Persistent link: https://www.econbiz.de/10012794646
assumption that the process starts with every node in the network having a signal. We study a natural extension of the DeGroot … agent. This characterization result then allows us to relate network geometry to information aggregation. We identify an … example of a network structure where essentially only the signal of a single agent is aggregated, which helps us pinpoint a …
Persistent link: https://www.econbiz.de/10012479453
organising its national road systems. I then construct a novel dataset of local network inefficiency and I find that colonial …
Persistent link: https://www.econbiz.de/10012479901
for their legislative activity. We propose a novel equilibrium concept for the network formation game that allows for a …
Persistent link: https://www.econbiz.de/10012479937
Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank … network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the …, initially reducing overall network concentration. The network became even more focused on Fed cities during the Depression, as …
Persistent link: https://www.econbiz.de/10012479982