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We use longitudinal data describing couples in Australia from 2001-12 and Germany from 2002-12 to examine how … equivalent of the costs of the extra time stress is very large. While the departure of a child from the home reduces parents …
Persistent link: https://www.econbiz.de/10013021870
Entertainment and Travel Costs (ETC) is a standard expenditure item for Chinese firms with an annual amount equal to …
Persistent link: https://www.econbiz.de/10013243654
the option to sell a new salt, fortified with both iron and iodine (and not just iodine) at 50% discount. Within treatment …
Persistent link: https://www.econbiz.de/10013013931
used to identify strengths and limitations of water markets in: (1) Australia's Murray-Darling Basin; (2) Chile (in … particular the Limarí Valley); (3) China (in particular, the North); (4) South Africa; and (5) the western United States. It …
Persistent link: https://www.econbiz.de/10013069511
productivity (MFP) growth in the transportation industry over the postwar period, 1948-87. Official data on output and employment … data reduce the magnitude of the post-1973 productivity slowdown in transportation MFP growth from a previously reported 2 … airports, air traffic control, and highways, do not change appreciably the pattern of postwar MFP growth in transportation …
Persistent link: https://www.econbiz.de/10012778843
innovative activities in the transportation and warehousing sector of the U.S. economy. We suggest multiple avenues for future …
Persistent link: https://www.econbiz.de/10013308125
This paper investigates whether the securitization of corporate bank loans had an impact on the price of corporate debt. Our results suggest that loan facilities that are subsequently securitized are associated with a 15 basis point lower spread than that of loans that are not subsequently...
Persistent link: https://www.econbiz.de/10013128899
This paper explores the practice of mortgage refinancing in a dynamic competitive lending model with risky borrowers and costly default. We show that prepayment penalties improve welfare by ensuring longer-term lending contracts, which prevents the mortgage pools from becoming disproportionately...
Persistent link: https://www.econbiz.de/10013135393
) suggests that the decision to commit crime involves a weighing of both benefits and costs, implying that both tough and soft …
Persistent link: https://www.econbiz.de/10013136359
A long theoretical literature in economics addresses the heavy reliance of the U.S. criminal justice system on very expensive forms of punishment - prison - when cheaper alternatives - such as fines and other sanctions - are available. This paper analyzes the role of fines as a criminal sanction...
Persistent link: https://www.econbiz.de/10013137008