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Time-varying spot and futures oil price dynamics
Caporale, Guglielmo Maria; Ciferri, Davide; Girardi, … - 2010
We investigate the role of crude oil spot and futures prices in the process of price discovery by using a cost-of-carry model with an endogenous convenience yield and daily data over the period from January 1990 to December 2008. We provide evidence that futures markets play a more important...
Persistent link: https://www.econbiz.de/10003949493
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Multicointegration in US consumption data
Siliverstovs, Boriss - 2003
The present paper tests for the existence of multicointegration between real per capita private consumption expenditure and real per capita disposable personal income in the USA. In doing so, we exploit the fact that the flows of disposable income and consumption expenditure on the one hand, and...
Persistent link: https://www.econbiz.de/10011439261
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Is being 'soft on crime' the solution to rising crime rates? : evidence from Germany
Entorf, Horst (contributor); Spengler, Hannes (contributor) - 2008
diversion failed as increasing shares of dismissals by prosecutors and judges enhance crime rates in Germany. Crime is …
Persistent link: https://www.econbiz.de/10003779665
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Non-economic damages in medical malpractice appeals : does the jurisdiction make a difference?
Amaral-Garcia, Sofia - 2015
This article assesses predictors of payouts and non-economic damages in medical malpractice cases decided by the Spanish Supreme Court from 2006 until 2010. Medical malpractice cases can be judged in administrative or civil courts, and this distinction heavily relies on the type of hospital...
Persistent link: https://www.econbiz.de/10011334453
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Judicial behavior and devolution at the Privy Council
Amaral-Garcia, Sofia; Garoupa, Nuno - 2017
In this article, we study judicial behavior at the Judicial Committee of the Privy Council (JCPC). British judges in general, and British high court judges in particular, are perceived to be independent and isolated from political pressure and interference. Furthermore, these judges tend to show...
Persistent link: https://www.econbiz.de/10011599285
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Crime, deterrence and unemployment in Greece : a panel data approach
Saridakis, George (contributor);  … - 2009
This study empirically examines the relationship between crime, deterrence and unemployment in Greece. A regional … deterred by higher clear-up rates. Also for property crime rates, the results indicate that unemployment increases crime. For … violent crimes, however, the effect of the clear-up rate and unemployment are found to be insignificant. -- Crime ; deterrence …
Persistent link: https://www.econbiz.de/10003796408
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Comparing the determinants of concern about terrorism and crime
Brück, Tilman; Müller, Cathérine - 2009
Both crime and terrorism impose costs onto society through the channels of fear and worry. Identifying and targeting …. However, compared to the drivers of the fear of crime, the determinants of concerns regarding global terrorism are less well … global terrorism and crime, and show that worries about terrorism are driven by similar determinants as those about crime …
Persistent link: https://www.econbiz.de/10003858724
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The business of piracy in Somalia
Percy, Sarah; Shortland, Anja - 2010
This paper argues that contrary to conventional wisdom, Somali piracy is likely to increase if Somalia's domestic stability is improved, and that naval counter-piracy efforts had limited and unpredicted effects. To make this argument we analyze the underlying factors driving piracy off the coast...
Persistent link: https://www.econbiz.de/10009260258
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Gov-arrrgh-nance : Jolly Rogers and Dodgy Rulers
Groot, Olaf J. de; Shortland, Anja - 2010
a unique insight into crime in badly governed countries which were systematically excluded from previous analyses. We …
Persistent link: https://www.econbiz.de/10009267842
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Teen births keep American crime high
Hunt, Jennifer - 2003 - This Draft - March 2003
assess to what extent lagged teen birth rates can explain why the United States had the highest developed country crime rates … in the 1980s, and why US rates subsequently fell so much. For this purpose, I use internationally comparable crime rates … measured from the 1989-2000 International Crime Victims Surveys. I find that an increase in the share of young people born to a …
Persistent link: https://www.econbiz.de/10011438353