Showing 1 - 10 of 85
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading … departments have introduced innovative contracting methods based on scoring auctions that give contractors explicit time …
Persistent link: https://www.econbiz.de/10012757589
Research has found that season of birth is associated with later health and professional outcomes; what drives this association remains unclear. In this paper we consider a new explanation: that children born at different times in the year are conceived by women with different socioeconomic...
Persistent link: https://www.econbiz.de/10012758065
Policymaking for posterity involves current decisions with distant consequences. Contrary to conventional prescriptions, we conclude that the greater wealth of future generations may strengthen the case for preserving environmental amenities; lower discount rates should be applied to the far...
Persistent link: https://www.econbiz.de/10012758343
National Time Accounting is a way of measuring society's well-being, based on time use. Its explicit form is the U …-index, for quot;unpleasantquot; or quot;undesirablequot;, which measures the proportion of time an individual spends in an … for the unemployed; is U-shaped in age and un-trended over time in the USA although they are trended up in a number of EU …
Persistent link: https://www.econbiz.de/10012758405
When economic activity is concentrated over space or over time, it is more efficient. Most production occurs in … thick-market efficiencies that encourage the concentration of activity in certain time periods may be internal to the firm … of the effects. The firm should martial all its forces from time to time in bursts of activity. When thick-market effects …
Persistent link: https://www.econbiz.de/10012760155
I present a generalization of the standard (full-information) model of state- dependent pricing in which decisions about when to review a firm's existing price must be made on the basis of imprecise awareness of current market conditions. The imperfect information is endogenized using a variant...
Persistent link: https://www.econbiz.de/10012765367
The history of Daylight Saving Time (DST) has been long and controversial. Throughout its implementation during World …
Persistent link: https://www.econbiz.de/10012766008
We examine the timing of firms' operations in a formal model of labor demand. Merging a variety of data sets from Portugal from 1995-2004, we describe temporal patterns of firms' demand for labor and estimate production-functions and relative labor-demand equations. The results demonstrate the...
Persistent link: https://www.econbiz.de/10012768129
confirm that the cost of intertemporally substituting activities is increasing over time: when alerts are issued on two …, reset these costs. Our findings imply that a time-varying decision rule that accounts for multiple day air quality forecasts …
Persistent link: https://www.econbiz.de/10012751334
The canonical difference-in-differences (DD) model contains two time periods, “pre” and “post”, and two groups … effects change over time. I propose a new balance test derived from a unified definition of common trends. I show how to … time fixed effects, control for unit-specific time trends, or exploit a third difference …
Persistent link: https://www.econbiz.de/10012911458