Showing 1 - 10 of 97
Evidence from a sample of countries show that people roughly spend as much time watching television as earning their … living. Moreover, television viewing and work hours are positively correlated across countries. A simple model based on … this model the equilibria can be inversely Pareto-ranked by their amount of television viewing. Arguments are offered to …
Persistent link: https://www.econbiz.de/10011403923
Watching television is the most time-consuming human activity besides work but its role for individual well-being is …
Persistent link: https://www.econbiz.de/10012621397
Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study how fuel price changes affect cost-minimizing choices by airlines that have implications for the extent of this externality. The airline industry's capital stock can be easily...
Persistent link: https://www.econbiz.de/10014286491
This paper evaluates an Austrian manpower training program, which is highly innovative in its content and financing – and could therefore serve as a role model for other programs. In the late 1980s privatization and down-sizing of nationalized steel firms have lead to large-scale redundancies....
Persistent link: https://www.econbiz.de/10011401056
HIV continues to cause the largest number of disability-adjusted life years of any disease in HIV hyperendemic countries (i.e., countries with an adult HIV prevalence 15%). We compare the benefits and costs of two proven biological interventions to reduce the health losses due to the HIV...
Persistent link: https://www.econbiz.de/10011288526
We examine Singapore's fairly homogeneous private-housing market and show that new apartments on historical multi-century leases trade at a non-zero discount relative to property owned in perpetuity. Descriptive regressions indicate that new apartments with 825 to 986 years of tenure remaining...
Persistent link: https://www.econbiz.de/10011455856
Persistent link: https://www.econbiz.de/10013171589
Governments often aim to influence the amount and sectoral allocation of private investments through explicit or implicit subsidies. The rules used to select projects to benefit from subsidies may vary, depending on the policy objective. This paper develops a general framework to allocate...
Persistent link: https://www.econbiz.de/10012239109
A commonly held perception is that an elite graduate degree can "scrub" a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 through 2017, this paper examines the relationship between the status of undergraduate degrees and...
Persistent link: https://www.econbiz.de/10012116308
The authors compare a firm's costs and benefits of providing apprenticeship training in Austria and Switzerland, using two original micro data sets. While both countries share a number of similarities, including an extensive vocational education and training (VET) system, and a common border,...
Persistent link: https://www.econbiz.de/10011738835