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Persistent link: https://www.econbiz.de/10003538021
ownership and expenses, levels and paths of health status, number of household members, and out-of -pocket medical expenditures …In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in …
Persistent link: https://www.econbiz.de/10012456166
The prospects for a revival of nuclear power were dim even before the partial reactor meltdowns at the Fukushima nuclear plant. Nuclear power has long been controversial because of concerns about nuclear accidents, proliferation risk, and the storage of spent fuel. These concerns are real and...
Persistent link: https://www.econbiz.de/10012460983
Real and private-value assets--defined here as the sum of real estate, infrastructure, collectibles, and non-corporate business equity--is an investment class worth an estimated $85 trillion in the U.S. alone. Furthermore, private values can affect pricing in many other financial markets, such...
Persistent link: https://www.econbiz.de/10012496134
over assets and who bears the costs and benefits of those decisions. They assign ownership, wealth, political influence … to land were broadly distributed, Americans could participate in capital markets using land as collateral. This ability …
Persistent link: https://www.econbiz.de/10012453172
forced labor income as capital. The regional distribution of wealth and the effects of the Civil war appear very different if … capital accumulation. Among others, we find that counties with a higher share of enslaved property before the Civil War or …
Persistent link: https://www.econbiz.de/10014247998
This paper revisits capital-skill complementarity and inequality, as in Krusell, Ohanian, Rios-Rull and Violante (KORV …. We find strong evidence for continued capital-skill complementarity in the most recent data, and that the model continues …
Persistent link: https://www.econbiz.de/10012510626
Stocks with recent past high idiosyncratic volatility have low future average returns around the world. Across 23 developed markets, the difference in average returns between the extreme quintile portfolios sorted on idiosyncratic volatility is -1.31% per month, after controlling for world...
Persistent link: https://www.econbiz.de/10012464908
battery recycling to Mexico and on infant health in Mexico. In the U.S., airborne lead dropped sharply near affected plants …, most of which were battery-recycling plants. Exports of used batteries to Mexico rose markedly. In Mexico, production … increased at battery-recycling plants, relative to comparable industries, and birth outcomes deteriorated within two miles of …
Persistent link: https://www.econbiz.de/10012616594
Persistent link: https://www.econbiz.de/10003445977