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Do you have to win it to fix it? : a longitudinal study of lottery winners and their health care demand
Cheng, Terence Chai; Costa-Font, Joan; Powdthavee, Nattavudh - 2015
We exploit lottery wins to investigate the effects of exogenous changes to individuals' income on health care demand in …
Persistent link: https://www.econbiz.de/10010498373
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Give me your wired and your highly skilled : measuring the impact of immigration policy on employers and shareholders
Lin, Carl - 2011
The paper links finance theory to labor economics and political economy in the context of migration and immigration policy. Most research treating the impact of immigration has focused on the consequences for employees as measured by wages, earnings, and employment. Less is known about the...
Persistent link: https://www.econbiz.de/10009308050
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The effect of product demand on inequality : evidence from the US and the UK
Leonardi, Marco - 2010
This paper examines the relationship between product demand and the pattern of rising skill premia and rising … employment of skilled workers in the US and the UK since the 1980s. If more skilled workers demand more skill-intensive goods …, then an increase in relative skill supply will also induce a shift in relative skill demand. This channel reduces the need …
Persistent link: https://www.econbiz.de/10003976873
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Economic surplus and derived demand
Schlicht, Ekkehart (contributor) - 2006
Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates … case of derived demand. -- derived demand ; indirect demand ; consumers's surplus ; economic rent …
Persistent link: https://www.econbiz.de/10003333109
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On the rise of health spending and longevity
Fonseca, Raquel; Michaud, Pierre-Carl; Galama, Titus; … - 2009
59% of the rise in life expectancy at age 50 over this period while insurance and income explain less than 10%. -- Demand …
Persistent link: https://www.econbiz.de/10003925549
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Defensive investments and the demand for air quality : evidence from the NOx budget program and ozone reductions
Deschênes, Olivier; Greenstone, Michael; Shapiro, Joseph S. - 2013
Demand for air quality depends on health impacts and defensive investments that improve health, but little research …
Persistent link: https://www.econbiz.de/10009788835
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Exponent of cross-sectional dependence : estimation and inference
Bailey, Natalia; Kapetanios, George; Pesaran, M. Hashem - 2012
An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...
Persistent link: https://www.econbiz.de/10009530816
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Federal minimum wage hikes do reduce teenage employment : the time series effects of minimum wages in the US revisited
Bazen, Stephen; Marimoutou, Vêlayoudom - 2016
In 2002 we published a paper in which we used state space time series methods to analyse the teenage employment‐federal minimum wage relationship in the US (Bazen and Marimoutou, 2002). The study used quarterly data for the 46 year period running from 1954 to 1999. We detected a small,...
Persistent link: https://www.econbiz.de/10011455868
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Testing CAPM with a large number of assets
Pesaran, M. Hashem; Yamagata, Takashi - 2012
This paper is concerned with testing the time series implications of the capital asset pricing model (CAPM) due to Sharpe (1964) and Lintner (1965), when the number of securities, N, is large relative to the time dimension, T, of the return series. In the case of cross-sectionally correlated...
Persistent link: https://www.econbiz.de/10009535779
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Growth in the shadows : effect of the shadow economy on U.S. economic growth over more than a century
Goel, Rajeev K.; Saunoris, James W.; Schneider, Friedrich - 2017
This paper provides a long-term view by studying the effect of the underground or shadow economy on economic growth in the Unites States over the period 1870 to 2014. Shadow activities might spur or retard economic growth depending on their interactions with the formal sector and impacts on the...
Persistent link: https://www.econbiz.de/10011641560