Showing 1 - 10 of 1,497
We present a continuous time series on first cabin passenger fares for ocean travel from New York to the British Isles covering nearly a century of time. We discuss the conceptual and empirical difficulties of constructing such a time series, and examine the reasons for differences between the...
Persistent link: https://www.econbiz.de/10012986306
Climate modelers have recognized the possibility of abrupt climate changes caused by a reorganization of the North Atlantic's current pattern (technically known as a thermohaline circulation collapse). This circulation system now warms north-western Europe and transports carbon dioxide to the...
Persistent link: https://www.econbiz.de/10013312479
This article develops and implements a Real Option approach to value renewable natural resources in the case of Marine Fisheries. The model includes two sources of uncertainty: the resource biomass and the price of fish, and it can be used by fisheries to optimally adapt their harvesting...
Persistent link: https://www.econbiz.de/10012909855
Instrumental variables (IV) estimation of a demand equation using time series data is shown to produce a weighted average derivative of heterogeneous potential demand functions. This result adapts recent work on the causal interpretation of two-stage least squares estimates to the simultaneous...
Persistent link: https://www.econbiz.de/10013310025
In early 2003, France actively tried to thwart the plans of the Bush administration to build international support for …
Persistent link: https://www.econbiz.de/10012776517
United Kingdom is similar to the US pattern. France had less progressive taxes than the US or UK in 1970 but has experienced …
Persistent link: https://www.econbiz.de/10012760747
We develop a method to compare levels and trends in inequality in mortality in the United States and France in a … similar framework. The comparison shows that while income inequality has increased in both the United States and France …, inequality in mortality in France remained remarkably low and stable. In the United States, inequality in mortality increased for …
Persistent link: https://www.econbiz.de/10012918612
This paper compares and analyzes the growth of productivity in the manufacturing industries and firms in France and the …
Persistent link: https://www.econbiz.de/10013215716
This paper measures and compares the relative earnings of French and English speakers in Canada, and of Spanish and English speakers in the U.S., in the 1970s and 1980s. In Canada, the earnings gap between French and English speakers narrowed over time, especially in Quebec. This decline appears...
Persistent link: https://www.econbiz.de/10013220946
incorporates both output (sales or turnover) and cash flow as predictors for investment. Our focus is on two comparisons: France …
Persistent link: https://www.econbiz.de/10013222959