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improvement, need for relevant, reliable, timely and effective information in decision making in order to achieve performance … goals have led us to think about performance measurement as a consequence of fair assessment. …
Persistent link: https://www.econbiz.de/10010679589
International migrants who seek protection also participate in the economy. Thus the policy of the United States to drastically reduce refugee and asylum-seeker arrivals from 2017 to 2020 might have substantial and ongoing economic consequences. This paper places conservative bounds on those...
Persistent link: https://www.econbiz.de/10013351856
Persistent link: https://www.econbiz.de/10011450311
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To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of … hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to … associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market …
Persistent link: https://www.econbiz.de/10013125922
Safe assets are demanded to smooth consumption across states (both intertemporally and in cross-section). Some of these assets are supplied publicly (government bonds) and some are created and supplied privately (such as mortgagebacked securities and asset-backed securities). Private assets are...
Persistent link: https://www.econbiz.de/10013087882
In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within … their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market … advantage. While trade costs, foreign production costs, and taste heterogeneity all matter for market outcomes, we find that a …
Persistent link: https://www.econbiz.de/10013014669
behavior in the car market. We show that a social planner can use leasing contracts to improve welfare but they are imperfect … tools; they cannot generally achieve first best while other mechanisms can. We also show that a producer with market power … can benefit from leasing contracts for two reasons: better pricing of the option of keeping the used good, and market …
Persistent link: https://www.econbiz.de/10012774893
Digital platforms like Uber can enhance market transparency and mitigate moral hazard via ratings of buyers and sellers …
Persistent link: https://www.econbiz.de/10012911461
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find … that product market regulations affect time devoted to market work in effectively the same fashion as do taxes on labor …
Persistent link: https://www.econbiz.de/10012760396