Showing 1 - 10 of 1,890
We investigate the impact of beer on mortality during the Industrial Revolution in 18th century England. Due to the … brewing process, beer represented an improvement over available water sources during this period prior to the widespread … of beer scarcity driven by tax increases, weather events, and soil quality, we show that beer scarcity was associated …
Persistent link: https://www.econbiz.de/10014584404
Persistent link: https://www.econbiz.de/10001896413
This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that gold still is the most prominent safe haven asset within...
Persistent link: https://www.econbiz.de/10014246740
This paper examines the performance of the JTPA performance system, a widely emulated model for inducing efficiency in … weakly, and sometimes perversely, related to long run impacts and (b) that the efficiency gains or losses from cream skimming …
Persistent link: https://www.econbiz.de/10011412037
We empirically explore the relevance of risk taking behavior in tournaments. We make use of data from the NBA season 2007/2008 and measure risk taking by the fraction of three-point shots. Current heterogeneity of teams is taken into account by intermediate results. It turns out that indeed...
Persistent link: https://www.econbiz.de/10003942276
This paper shows that cross country differences in the generosity and the quality of the welfare state are associated with differences in the trustworthiness of their citizens. We show that generous, transparent and efficient welfare states in Scandinavian countries are based on the civicness of...
Persistent link: https://www.econbiz.de/10009125029
Increasing interest in voucher programs and privatizing public schools reveals a commonly-held belief that private schools are better able to produce a quality education. While state and national standards do not directly affect these schools, their private control yields strong student...
Persistent link: https://www.econbiz.de/10003661546
This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
Persistent link: https://www.econbiz.de/10012314696
The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market structure is rare. The 1952 breakup of Germany's leading chemical company, IG Farben, represents such a disruption. After the Second World War, the Allies occupying Germany imposed...
Persistent link: https://www.econbiz.de/10013358717
experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe … possibility of gossip is highly efficiency-increasing compared to a situation without any gossip. In two further control … treatments, we show that the mere fact of being observed by third parties cannot explain the efficiency-increasing effect of …
Persistent link: https://www.econbiz.de/10011452089