empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We … combine demand and supply data and apply a simultaneous-equation approach to address the problem of endogenous premium … decisions. The main finding is that demand for property and catastrophe insurance are not very different and that the demand for …

This paper examines the stability of import and export demand functions for the United States over the 1975q1-2001q2 … period. Using the Johansen maximum likelihood approach, an export demand function is readily identified. In contrast, there … appears to be a structural break in the import demand function in 1995; specifications incorporating this break pass tests for …

This paper examines homeownership and housing demand for a sample of approximately 6,800 urban, industrial workers in … Labor, housing demand is viewed as a two part process: first, the "tenure choice" decision whether to own or rent; and …, second, how much of either type of housing to purchase. Tenure choice and renter demand equations are estimated, using the …

The purpose of the paper is to measure the potential bias in the U.S. import price index due to the appearance of new … import demand. Existing import price indexes are based on a sample of products from importing firms. We argue that if the … aggregate U.S. import demand is reduced from 2.5 to 1.7, or about halfway to unity. Our estimates suggest that the aggregate …

market. This paper examines the initial effects of the tax subsidy on the demand for health insurance using previously …

There have been two very different life cycles for great artists: some have made their greatest contributions very …

Recent decades have witnessed an outpouring of research on the contributions of women artists. But as is typical in the … importance of different women artists. A survey of the illustrations of the work of women artists contained in textbooks of art … order by Georgia O'Keeffe, Louise Bourgeois, Eva Hesse, and Frida Kahlo. The life cycles of these artists have differed …

a painting and the artist's age at the date of its execution. The econometric estimates show that artists born before … artists born after 1850 - including Picasso, L‚ger, and Braque - were more likely to have done their most valuable work at … artists' most valuable work has also been that most highly regarded by scholars. I argue that the change over time in the …

This paper considers not only when in their careers the greatest artists of the twentieth century made their greatest … three of the best five-year periods, all for the work the two young artists did in developing Cubism. Warhol%u2019s … conceptual and experimental artists: great conceptual innovators, like Picasso, Matisse, and Warhol, made their greatest …