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Autopsy on an Empire : Understanding Mortality in Russia and the Former Soviet Union
Brainerd, Elizabeth; Cutler, David M. - 2021
Male life expectancy at birth fell by over six years in Russia between 1989 and 1994. Many other countries of the …
Persistent link: https://www.econbiz.de/10013240550
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Does Knowledge Accumulation Increase the Returns to Collaboration?
Agrawal, Ajay K. - 2014
We conduct the first empirical test of the knowledge burden hypothesis, one of several theories advanced to explain increasing team sizes in science. For identification, we exploit the collapse of the USSR as an exogenous shock to the knowledge frontier causing a sudden release of previously...
Persistent link: https://www.econbiz.de/10013061819
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Simple Variance Swaps
Martin, Ian - 2011
of market-implied variance than do variance swaps or the VIX index. Third, simple variance swaps provide a better way to …
Persistent link: https://www.econbiz.de/10013128275
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Which Peers Matter? The Relative Impacts of Collaborators, Colleagues, and Competitors
Borjas, George J. - 2014
Many economists believe knowledge production generates positive spillovers among knowledge producers. The available evidence, however, is mixed. We argue that spillovers can exist along three dimensions (idea, geographic, and collaboration space). To isolate the key channel through which...
Persistent link: https://www.econbiz.de/10013055827
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Border Delays and Trade Liberalization
Cudmore, Edgar; Whalley, John - 2021
Delays at the border for customs clearance are seemingly a central feature of the trade regime in the CIS states. Here, we argue that with queuing costs being endogenously determined in such circumstances tariff liberalization (even in the small economy case) can be welfare worsening since...
Persistent link: https://www.econbiz.de/10013225381
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Reforms in Eastern Europe and the Former Soviet Union in Light of the East Asian Experiences
Sachs, Jeffrey D. - 2021
During the past five years, there has been an important debate over the differing styles of market reforms in the formerly planned economies in East Asia versus Eastern Europe and the former Soviet Union (EEFSU). This paper puts forward three related propositions. First, the rapid growth of East...
Persistent link: https://www.econbiz.de/10013234355
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Fertility, Migration, and Altruism
Berman, Eli; Rzakhanov, Zaur - 2021
Consider migration to a higher income region as a human capital investment in which parents bear migration costs and children share returns. Migrants from a population with heterogeneous intergenerational discount rates will be self-selected on intergenerational altruism. Thus, immigrants may be...
Persistent link: https://www.econbiz.de/10013247256
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Axiomatic and Economic Approaches to International Comparisons
Diewert, W. Erwin - 2010
The paper considers the problem of choosing a multilateral system of index numbers in order to make aggregate price and … index number formula. The great variation in relative prices and quantities in the international context means that the … approach, the concept of a superlative bilateral index number formula (which can adequately model substitution effects) is …
Persistent link: https://www.econbiz.de/10013137597
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Measuring Money Growth When Financial Markets are Changing
Stock, James H. - 2011
This paper examines the problem of measuring the growth of a monetary aggregate in the presence of innovations in financial markets and changes in the relationship between individual assets and output. We propose constructing a monetary aggregate so that it is a good leading indicator of nominal...
Persistent link: https://www.econbiz.de/10013125265
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Price Indexes for Clinical Trial Research : A Feasibility Study
Berndt, Ernst R. - 2014
Biomedical R&D Price Index (BRDPI) focused on input costs rose only 2.2-fold. Most of the disparity appears to be attributable to … agencies to develop a producer price index for this type of R&D activity, contributing to broader efforts to develop a deflator …
Persistent link: https://www.econbiz.de/10013064303