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these changes should have affected the equilibrium prices of property-casualty insurance policies, and explores the extent … insurance policy and industry data on premiums earned. Although the predicted impact of the changes in the tax rules enacted in … longest-tail line of insurance, in 1987), it is small relative to the variability of the actual loss experience …
Persistent link: https://www.econbiz.de/10012473190
This paper examines business cycles theoretically and empirically, with a quantitative study based on experience over the long run and in a cross section of countries. Several major questions in business cycle theory are explored. Theoretical concerns indicate that the properties of business...
Persistent link: https://www.econbiz.de/10012471707
dynamics are documented here to be specific to the U.S. and Canada. In other developed economies residential investment is …
Persistent link: https://www.econbiz.de/10012460228
several former colonies of Great Britain: the United States, Canada, Australia, New Zealand and South Africa. We trace out …
Persistent link: https://www.econbiz.de/10012468857
Persistent link: https://www.econbiz.de/10014246453
remotely one or more days per week rose more than three-fold in the U.S and by a factor of five or more in Australia, Canada …
Persistent link: https://www.econbiz.de/10014247927
central bank balance sheets. We analyze the experience in seven advanced economies (Australia, Canada, Euro area, New Zealand …
Persistent link: https://www.econbiz.de/10014528361
Since the passage of the Terrorism Risk Insurance Act of 2002, corporate terrorism insurance is sold as a separate … and terrorism insurance. Using a unique dataset of insurance policies purchased by large U.S. firms, combined with … financial information of the corporate clients and of the insurance provider, we apply a two-stage least squares (2SLS) approach …
Persistent link: https://www.econbiz.de/10012459129
, and other major advanced economies have similar levels of credibility (albeit far from full credibility); however, Japan …
Persistent link: https://www.econbiz.de/10014421202
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10012472755