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Persistent link: https://www.econbiz.de/10003975764
This paper analyzes the importance of local interaction between individuals of different linguistic groups for the provision of public goods at the national level. The micro-founded conceptual framework we develop predicts that a country's public goods (i) decrease in its overall linguistic...
Persistent link: https://www.econbiz.de/10012453026
influences the supply of amenities and local public goods. Pollution, congestion, and the quality of public education are …
Persistent link: https://www.econbiz.de/10012462307
Inventories and price changes are correlated. The inverse relation is most obvious in housing where inventories build in low demand markets and shrink in high demand markets. This is a puzzle. Symmetry of information among buyers and sellers would seem to imply that sellers would change their...
Persistent link: https://www.econbiz.de/10012462772
Incomplete product availability is an important feature of many markets; ignoring changes in availability may bias demand estimates. We study a new dataset from a wireless inventory system installed on 54 vending machines to track product availability every four hours. The data allow us to...
Persistent link: https://www.econbiz.de/10012464336
demand- versus supply-side drug policies. This paper is motivated by the relative lack of research providing formal economic … potential government objectives are considered. We find that both demand- and supply-side policies have theoretical support … under different community conditions. While the demand-side policy discourages active drug sellers, the supply-side policy …
Persistent link: https://www.econbiz.de/10012469461
constraining the gasoline and diesel supply chains. We consider several factors that alter the elasticity of supply, including … variation in the demand for untaxed uses of diesel. In general, we find that in periods of time when the supply chain is … supply disruptions such as after major hurricanes …
Persistent link: https://www.econbiz.de/10012461795
1. Demand -- 2. Supply -- 3. Market Clearing -- 4. Marginal Pricing -- 5. Market Power -- 6. Environmental …
Persistent link: https://www.econbiz.de/10013170840
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