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The British Industrial Revolution triggered a reversal in the social order whereby the landed elite was replaced by industrial capitalists rising from the middle classes as the economically dominant group. Many observers have linked this transformation to the contrast in values between a...
Persistent link: https://www.econbiz.de/10003586551
terror attacks that hit central London in July 2005. The attacks resulted in a large redeployment of police officers to … central London boroughs as compared to outer London - in fact, police deployment in central London increased by over 30 … London. Study of the timing of the crime reductions and their magnitude, the types of crime which were more likely to be …
Persistent link: https://www.econbiz.de/10003688774
experienced by in the direct aftermath of the London Bombings of Jul 7th, 2005. …
Persistent link: https://www.econbiz.de/10010204684
This study investigates the impact of economic incentives on travel-related physical activity, leveraging the London … Congestion Charge's disincentivising of sedentary travel modes via increasing the cost of private car use within Central London …. The scheme imposes charges on most types of cars entering, exiting and operating within the Central London area, while …
Persistent link: https://www.econbiz.de/10012800657
London. The ability to commute alleviated urban crowding and increased workers’ choice of potential employers. Using GIS …-based data constructed from the New Survey of London Life and Labour, we examine the extent of commuting and estimate the …
Persistent link: https://www.econbiz.de/10012603796
Social impact bonds (SIBs) are an innovative financing mechanism for public goods. In a SIB, an investor provides capital to a service provider for a social intervention. The investor receives a return based on the outcome of the intervention relative to a predetermined benchmark. We describe...
Persistent link: https://www.econbiz.de/10012243331
This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...
Persistent link: https://www.econbiz.de/10014390535
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. In this paper, we develop a twosector two-good closed economy new Keynesian model to study the optimal choice of price index in markets with...
Persistent link: https://www.econbiz.de/10008810538
In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We analyze this result in the context of developing economies, where a large proportion of households are credit constrained...
Persistent link: https://www.econbiz.de/10011307888
Leaks are pervasive in politics. Hence, many committees that nominally operate under secrecy de facto operate under the threat that information might be passed on to outsiders. We study theoretically and experimentally how this possibility affects the behavior of committee members and the...
Persistent link: https://www.econbiz.de/10012295187