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, wine in particular, rebounded through all forms of media. In the spring of 2003, French business people even reported that … the boycott calls were hurting their U.S. sales. Using a dataset of sales of nearly 4,700 individual wine brands, we show … that there actually was no boycott effect. Rather, sales of French wine dipped for two reasons. First, they experience a …
Persistent link: https://www.econbiz.de/10012776517
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … assessing the aggregate effects of product market regulation … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find …
Persistent link: https://www.econbiz.de/10012760396
the seemingly failure of the private insurance market to provide coverage for terrorism losses after the attack on … September 11, 2001. This paper surveys the evidence of the supposed private market failures after 9/11 and the arguments for …
Persistent link: https://www.econbiz.de/10012762520
make the situation worse, an impact assessment analysis should accompany every law and every regulation of every Ministry …
Persistent link: https://www.econbiz.de/10014221615
residential electricity market, we document evidence of consumer inertia. We estimate an econometric model of retail choice to …
Persistent link: https://www.econbiz.de/10013027257
The spatial mismatch hypothesis posits that employment decentralization isolated urban blacks from work opportunities. This paper focuses on one large employer that has remained in the central city over the twentieth century - the U.S. Postal Service. We find that blacks substitute towards...
Persistent link: https://www.econbiz.de/10012775880
We mailed letters to non-existent business addresses in 159 countries (10 per country), and measured whether they come back to the return address in the US and how long it takes. About 60% of the letters were returned, taking over 6 months, on average. The results provide new objective...
Persistent link: https://www.econbiz.de/10013036654
Robert Gordon's The Rise and Fall of American Economic Growth provides a compelling interpretation of how technical change and innovation has radically changed the living standards of the citizens of the US in the past 150 years. Lying behind these changes are the institutions which have allowed...
Persistent link: https://www.econbiz.de/10012999991
forever. And that may well be happening in the market for high-end Bordeaux wines …
Persistent link: https://www.econbiz.de/10012776202
particular industry, the California wine industry. In both a formal model and an empirical analysis, we examine the implications … of these motivations for market behavior. We find evidence that owners with strong non-financial motivations choose …
Persistent link: https://www.econbiz.de/10013224862