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Beyond the dogma of the fixed book price agreement

Ploeg, Frederick van der - 2003

After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is given. Allowance is made for the opportunity cost of reading. Theoretically, the agreement pushes up book prices and depresses book sales. However, more titles will be published,...

Persistent link: https://www.econbiz.de/10011507914

Spillovers between food and energy prices and structural breaks

Al-Maadid, Alanoud; Caporale, Guglielmo Maria; … - 2015

This paper estimates a bivariate VAR-GARCH(1,1) model to examine linkages between food and energy prices. The adopted framework is suitable to analyse both mean and volatility spillovers, and also allows for possible parameter shifts resulting from four recent events, namely: 1) the 2006 food...

Persistent link: https://www.econbiz.de/10010498617

Technology adoption in education : usage, spillovers and student achievement

Bergman, Peter - 2016

Given significant expenditures on education technologies, an important question is whether these products are adopted …

Persistent link: https://www.econbiz.de/10011541111

Physiological constraints and comparative economic development

Dalgaard, Carl-Johan; Strulik, Holger - 2017

It is a well known fact that economic development and distance to the equator are positively correlated variables in the world today. It is perhaps less well known that as recently as 1500 C.E. it was the other way around. The present paper provides a theory of why the "latitude gradient"...

Persistent link: https://www.econbiz.de/10011774936

Leveraging technology to engage parents at scale : evidence from a randomized controlled trial

Bergman, Peter; Chan, Eric - 2017

While leveraging parents has the potential to increase student performance, programs that do so are often costly to implement or they target younger children. We partner text-messaging technology with school information systems to automate the gathering and provision of information to parents at...

Persistent link: https://www.econbiz.de/10011658035

Complementary bidding mechanisms and startup costs in electricity markets

Reguant, Mar - 2014

I extend multi-unit auction estimation techniques to a setting in which firms can express cost complementarities over time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate these complementarities, which in these markets arise due...

Persistent link: https://www.econbiz.de/10010356362

Technological change, entry and stock market dynamics : an analysis of transition in a monopolistic economy

Datta, Bipasa; Dixon, Huw - 2002

This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when technology improves. We find that there can be a U-shaped...

Persistent link: https://www.econbiz.de/10011408812

Optimal policy and the risk properties of human capital reconsidered

Anderberg, Dan (contributor) - 2008

This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. A set of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …

Persistent link: https://www.econbiz.de/10003790631

Educational and wage risk : social insurance vs. quality of education

Schindler, Dirk; Weigert, Benjamin - 2008

In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled … enhancing the quality of education. The necessary expenditures are optimally financed by regressive tuition fees and the net …

Persistent link: https://www.econbiz.de/10003806025

Redistribution or education? : the political economy of the social race

Bernasconi, Michele (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003496522

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