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Transportation Choices and the Value of Statistical Life

León Ciliotta, Gianmarco - 2013

This paper exploits an unusual transportation setting to estimate the value of a statistical life (VSL). We estimate the trade-offs individuals are willing to make between mortality risk and cost as they travel to and from the international airport in Sierra Leone (which is separated from the...

Persistent link: https://www.econbiz.de/10013074917

Soft Budgets and Renegotiations in Public-Private Partnerships

Engel, Eduardo M. R. A. - 2009

Public-private partnerships (PPPs) are increasingly used to provide infrastructure services. Even though PPPs have the potential to increase efficiency and improve resource allocation, contract renegotiations have been pervasive.We show that existing accounting standards allow governments to...

Persistent link: https://www.econbiz.de/10013156676

Chasing the Smokestack : Strategic Policymaking with Multiple Instruments

Fredriksson, Per G.; List, John A.; Millimet, Daniel L. - 2021

Empirical evidence suggesting that a considerable amount of horizontal strategic interaction exists amongst governments is important in light of recent devolutionary trends of many important public programs. The empirical approach in these studies typically relies on estimating reaction...

Persistent link: https://www.econbiz.de/10013233438

Road Capacity, Domestic Trade and Regional Outcomes

Coşar, Kerem; Demir, Banu; Ghose, Devaki; Young, Nathaniel - 2023

What is the impact on intra-national trade and regional economic outcomes when the quality and lane-capacity of an existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a large-scale public investment in roads during the...

Persistent link: https://www.econbiz.de/10014356796

The Skill Complementarity of Broadband Internet

Akerman, Anders - 2015

Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change skill biased or factor neutral? We exploit rich Norwegian data to answer these questions. A public program with limited funding rolled out broadband access points, and...

Persistent link: https://www.econbiz.de/10013030144

Adoptive Expectations : Rising Sons in Japanese Family Firms

Mehrotra, Vikas - 2011

postwar Japan than generally realized, and also performing well - an unusual finding for a developed economy. Adopted heirs …

Persistent link: https://www.econbiz.de/10013128613

Currency and Financial Crises of the 1990s and 2000s

Razin, Assaf - 2011

leading to severe banking crisis in Japan; 2) The foreign reserves' meltdown triggered by foreign hot money flight from frothy …

Persistent link: https://www.econbiz.de/10013130560

The Market Microstructure of Central Bank Intervention

Dominguez, Kathryn M.E. - 2011

One of the great unknowns in international finance is the process by which new information influences exchange rate behavior. This paper focuses on one important source of information to the foreign exchange markets, the intervention operations of the G-3 central banks. Previous studies using...

Persistent link: https://www.econbiz.de/10013132797

Property Rights and Financial Development : The Legacy of Japanese Colonial Institutions

Yoo, Dongwoo - 2010

this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian … colonies, including Korea, Taiwan and Palau. In 1939 Japan began to survey and register private land in its island colonies, an … land registration obsolete. Third, considering all of Japan's colonies, we use the presence or absence of a land survey as …

Persistent link: https://www.econbiz.de/10013135762

Business Fixed Investment and the Recent Business Cycle in Japan

Kiyotaki, Nobuhiro - 2010

To analyze business fixed investment in Japan, which has been unusually volatile in recent years, we develop and apply …

Persistent link: https://www.econbiz.de/10013137602

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