This study extends the literature on relative price dispersion by addressing two questions that have remained largely unanswered: (a) What is the impact on relative price dispersion of the variance of the uncertain relationship between money and prices? (b) Is there evidence across industries of...

To date, an overwhelming majority of the literature has addressed mean relationships between producer and consumer price inflation. Granger et al. (1986) represent the only attempt to investigate second moment relationships. We examine the consumer--producer price relationship employing a...

This research examines capacity utilization as a measure of economic slack in the US economy. Many macroeconomists have questioned the use of capacity utilization as a measure of economics slack on several fronts. The first issue revolves around the definition and accuracy of measurement of the...

This research examines capacity utilization as a measure of economic slack in the US economy. Many macroeconomists have questioned the use of capacity utilization as a measure of economics slack on several fronts. The first issue revolves around the definition and accuracy of measurement of the...

This empirical study seeks to broaden the interpretation of the 'rational voter model' so as to include the potential effects of the number of statewide legislative referendums. This study tests the hypothesis that greater numbers of such referendums increase voter turnout because they elevate...

This empirical study investigates determinants of attendance at minor league baseball games in the Carolina League in 2006. The focus of the analysis is on the effect of a wide variety of game-day promotions on attendance on a game-by-game basis, rather than aggregate attendance during the...