Showing 1 - 10 of 1,879
's geographic variation in the suitability for cotton production combined with a surge in the world market price of cotton in 2010 …
Persistent link: https://www.econbiz.de/10012989831
Commodity price increases associated with the entry of China, India and other countries into the world economy has led …
Persistent link: https://www.econbiz.de/10013143683
The tendency to underestimate the future value of a variable growing at a constant rate, an example of exponential growth bias, has been linked to household financial decision making. We show that exponential growth bias and standard measures of financial literacy are negatively correlated in a...
Persistent link: https://www.econbiz.de/10013122964
candidates are possible – with little effect on market efficiency. Overall, the experimental results are explained by our …
Persistent link: https://www.econbiz.de/10013134222
This paper investigates the effects of Spain's large recent immigration wave on the labor supply of highly skilled native women. We hypothesize that female immigration led to an increase in the supply of affordable household services, such as housekeeping and child or elderly care. As a result,...
Persistent link: https://www.econbiz.de/10013158120
considers the evidence on return predictability, risk aversion and market efficiency. The paper then focuses on the theoretical … foundation of the EMH, and show that market efficiency could co-exit with heterogeneous beliefs and individual irrationality so … and the collective outcome could display significant departures from market efficiency. Market efficiency could be the …
Persistent link: https://www.econbiz.de/10013141228
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the … examples. We find that the reliability of efficiency scores critically hinges upon the ratio of the variation in efficiency to …
Persistent link: https://www.econbiz.de/10013120128
We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski …
Persistent link: https://www.econbiz.de/10013124780
efficiency of co-ops; and on problems of democratic governance within co-ops. Using modern empirical methods applied to large …
Persistent link: https://www.econbiz.de/10013099086
Many targeted childhood interventions such as the Perry Preschool Project select eligible children based on a risk score. The variables entering the risk score and their corresponding weights are usually chosen ad hoc and are unlikely to be optimal. This paper develops a simple economic model...
Persistent link: https://www.econbiz.de/10012840456