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Safe Assets
Barro, Robert J. - 2014
A safe asset's real value is insulated from shocks, including declines in GDP from rare macroeconomic disasters. However, in a Lucas-tree world, the aggregate risk is given by the process for GDP and cannot be altered by the creation of safe assets. Therefore, in the equilibrium of a...
Persistent link: https://www.econbiz.de/10013044613
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The Economics of Residential Solid Waste Management
Kinnaman, Thomas C.; Fullerton, Don - 2021
the economics literature devoted to these topics. Public attention to solid waste and recycling has increased dramatically …This paper provides a broad overview of recent trends in solid waste and recycling, related public policy issues, and … makers choose the efficient mix of policy levers to regulate solid waste and recycling activities. Economists have also …
Persistent link: https://www.econbiz.de/10013220080
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Economics of the Generation and Management of Municipal Solid Waste
Beede, David N.; Bloom, David E. - 2021
This paper examines the generation and management of solid waste (MSW) through the lens of economics. We estimate that … the global burden of MSW amounted to 1.3 billion metric tons in 1990, or 0.67 kilograms of waste per person per day … disposing of MSW vary widely across countries in accord with the nature of the waste stream and key features of the …
Persistent link: https://www.econbiz.de/10013222043
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Finders, Keepers?
Jaakkola, Niko - 2016
power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future … investments, which in turn prompts it to increase taxes next period. This induces low investment thus low future taxes, and so on …
Persistent link: https://www.econbiz.de/10012986681
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Adoption of New Information and Communications Technologies in the Workplace Today
Bresnahan, Timothy - 2016
The invention of new applications based on information and communications technologies (ICTs) has had two economic effects up to now. These applications have transformed production, creating value for applications-inventing companies and their customers and increasing economic growth through...
Persistent link: https://www.econbiz.de/10012988517
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Tail and Center Rounding of Probabilistic Expectations in the Health and Retirement Study
Giustinelli, Pamela - 2018
A growing number of surveys elicit respondents' expectations for future events on a 0-100 scale of percent chance …
Persistent link: https://www.econbiz.de/10012920364
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Measuring the Effects of Advertising : The Digital Frontier
Lewis, Randall A. - 2015
Online advertising offers unprecedented opportunities for measurement. A host of new metrics, clicks being the leading example, have become widespread in advertising science. New data and experimentation platforms open the door for firms and researchers to measure true causal effects of...
Persistent link: https://www.econbiz.de/10013034927
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The Children of Hope Vi Demolitions : National Evidence on Labor Market Outcomes
Haltiwanger, John; Kutzbach, Mark J.; Palloni, Giordano; … - 2022
We combine national administrative data on earnings and participation in subsidized housing to study how the demolition of 160 public housing projects—funded by the HOPE VI program—affected the adult labor market outcomes for 18,500 children. Our empirical strategy compares children exposed...
Persistent link: https://www.econbiz.de/10014090433
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Finance and Governance in Developing Economies
Morck, Randall - 2011
Classic Big Push industrialization envisions state planners coordinating economic activity to internalize a range of …
Persistent link: https://www.econbiz.de/10013128601
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Industrial Catching Up in the Poor Periphery 1870-1975
Williamson, Jeffrey G. - 2011
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1975 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over this critical century. The...
Persistent link: https://www.econbiz.de/10013129186