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We examine the institutional details of the school milk procurement process, bidding data, statements of dairy executives, and supply characteristics in Ohio during the 1980's. We compare the bidding behavior of a group of firms to a control group. We find that the behavior of each of the firms...
Persistent link: https://www.econbiz.de/10013221093
In this paper we study the question of debt sustainability from a risk management perspective. The debt accumulation equation for any country involves variables that are stochastic and closely intertwined. When these aspects are taken into consideration the notion of debt sustainability is...
Persistent link: https://www.econbiz.de/10012754612
across Brazil's municipal governments. The analysis exploits discontinuities in wages across municipalities induced by a …
Persistent link: https://www.econbiz.de/10012757522
sample of four emerging small open economies: Argentina, Ecuador, Venezuela, and Brazil. We postulate a stochastic volatility …
Persistent link: https://www.econbiz.de/10012757576
. We explore the role of rent-seeking episodes in colonial Brazil as determinants of the quality of current local …
Persistent link: https://www.econbiz.de/10012759751
With rapidly declining fertility and increased longevity the age structure of the labor force in developing countries has changed rapidly. Changing relative supply of workers by age group, and by educational attainment, can have profound effects on labor costs. Their impacts on earnings have...
Persistent link: https://www.econbiz.de/10012759763
market countries (Brazil, Russia, India and China), adding constraints that reflect a central bank%u2019s desire to hold a …
Persistent link: https://www.econbiz.de/10012761272
in Brazil to bank-level decision variables, provides micro evidence on how creditor legal protection affects market …
Persistent link: https://www.econbiz.de/10012761567
domestic oil production and develop alternative sources of energy. We examine the energy developments in Brazil as an important … experiment. Brazil has reduced its share of imported oil more than any other major economy in the world in the last 30 years …, from 70 percent in the 1970s to only 10 percent today. Brazil has largely achieved this goal by: (1) increasing domestic …
Persistent link: https://www.econbiz.de/10012750098
Localities in developed countries often restrict construction and population growth through regulations governing land usage, lot sizes, building heights, and frontage requirements. In developing countries, such policies are less effective because of the existence of unregulated, informal...
Persistent link: https://www.econbiz.de/10012751446