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Do the Young British Artists Rule (or : Has London Stolen the Idea of Postmodern Art from New York?)

Galenson, David W. - 2005

In recent years, some English critics have claimed that Damien Hirst and his fellow young British artists have made London the new center of the advanced art world. As Hirst reaches the age of 40, this paper uses auction results to measure the importance of the YBAs compared to their American...

Persistent link: https://www.econbiz.de/10012466957

The Marriage Market, Labor Supply and Education Choice

Chiappori, Pierré-Andre - 2015

utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and … the labor market. They then match based on the economic value of marriage and on preferences. Equilibrium in the marriage … market determines intrahousehold allocation of resources. Following marriage households (married or single) save, supply …

Persistent link: https://www.econbiz.de/10012457593

The Cost of Fuel Economy in the Indian Passenger Vehicle Market

Chugh, Randy - 2011

To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of … hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to … associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market …

Persistent link: https://www.econbiz.de/10012461670

Regional Nonadjustment and Fiscal Policy : Lessons for EMU

Obstfeld, Maurice - 1999

, which is closer to European than the US is in its labor market and fiscal institutions. Europe's (and to some extent Canada … an alternative strategy based on a relaxed stability pact, further strictures against central EU borrowing, labor market …

Persistent link: https://www.econbiz.de/10012471641

The Aftermath of the 1992 ERM Breakup : Was There a Macroeconomic Free Lunch?

Gordon, Robert J. - 1999

This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...

Persistent link: https://www.econbiz.de/10012471843

Poisoned Grapes, Mad Cow, and Protectionism

Engel, Eduardo - 1999

This paper studies two episodes where an exporting industry saw its sales plummet after importing countries banned their products to protect their citizens' health. The first case is the poisoned grapes crisis involving Chile and the United States in 1989. The second is the mad cows dispute...

Persistent link: https://www.econbiz.de/10012471848

Estimates of the Value of Patent Rights in European Countries During thePost-1950 Period

Schankerman, Mark - 1985

This paper examines the distribution of the values of patent rights in the United Kingdom, France, and Germany during the post-1950 period. These values are inferred from the behavior of patentees with respect to payment of renewal fees on their patents. A simple economic model of renewal...

Persistent link: https://www.econbiz.de/10012477430

Global Effects of the Brexit Referendum : Evidence from US Corporations

Campello, Murillo - 2020

We show that the 2016 Brexit Referendum led American corporations to cut jobs and investment within US borders. Using establishment-level data, we document that these effects were modulated by the degree of reversibility of capital and labor. American job losses were particularly pronounced in...

Persistent link: https://www.econbiz.de/10012479238

Non-Monetary News in Central Bank Communication

Cieslak, Anna - 2018

We quantify the importance of non-monetary news in central bank communication. Using evidence from four major central banks and a comprehensive classification of events, we decompose news conveyed by central banks into news about monetary policy, economic growth, and separately, shocks to risk...

Persistent link: https://www.econbiz.de/10012480685

Will Brexit Age Well? Cohorts, Seasoning and the Age-Leave Gradient, Past, Present and Future

Eichengreen, Barry - 2018

In the UK's 2016 referendum on EU membership, young voters were more likely than their elders to vote Remain. Applying new methods to a half century of data, we show that this pattern reflects both ageing and cohort effects. Although voters become more Eurosceptical as they age, recent cohorts...

Persistent link: https://www.econbiz.de/10012480870