Similar Search Results

The Church vs the Mall : What Happens When Religion Faces Increased Secular Competition?

Gruber, Jonathan - 2006

Recently economists have begun to consider the causes and consequences of religious participation. An unanswered question in this literature is the effect upon individuals of changes in the opportunity cost of religious participation. In this paper we identify a policy-driven change in the...

Persistent link: https://www.econbiz.de/10012466255

Valuing and Pricing Retail Leases with Renewal and Overage Options

Hendershott, Patric H. - 2002

We consider retail leases with landlord overages options, with tenant renewal options, with both and with neither. We illustrate how the ratio of initial expected sales to the sales threshold can be manipulated to equate the value of the landlord overage options to that of the tenant renewal...

Persistent link: https://www.econbiz.de/10012469495

The Ongoing Evolution of US Retail : A Format Tug-of-War

Hortaçsu, Ali - 2015

We review major changes in the economics of the US retail sector over the past 15-20 years and discuss what these portend for the future evolution of retail. The sector has been shrinking in relative size over the long term, though this stopped around the onset of the Great Recession. Retail has...

Persistent link: https://www.econbiz.de/10012457204

Cheap Thrills : the Price of Leisure and the Global Decline in Work Hours

Kopytov, Alexandr - 2020

The real price of recreation goods and services has fallen dramatically over the last century. At the same time, hours per worker have also been on a steady decline. As recreation goods make leisure time more enjoyable, we investigate if the fall in their price has contributed to the decline in...

Persistent link: https://www.econbiz.de/10012481292

Taxing Leisure Complements

Kaplow, Louis - 2008

Ever since Corlett and Hague (1953), it has been understood that it tends to be optimal on second-best grounds to (relatively) tax complements to leisure and subsidize substitutes because doing so helps to offset the distorting effect of taxation on labor supply. Yet in the context of...

Persistent link: https://www.econbiz.de/10012464250

A Century of Work and Leisure

Ramey, Valerie A. - 2006

Has leisure increased over the last century? Standard measures of hours worked suggest that it has. In this paper, we develop a comprehensive measure of non-leisure hours that includes market work, home production, commuting and schooling for the last 105 years. We also present empirical and...

Persistent link: https://www.econbiz.de/10012466404

Less of a Luxury : The Rise of Recreation since 1888

Costa, Dora L. - 1997

I show that recreation has become much more egalitarian over the last hundred years by estimating recreational expenditure elasticities in 1888-1890, 1917-1919, 1935-1936, 1972-1973, and 1991. I find that expenditure elasticities have fallen from around two at the beginning of the century to...

Persistent link: https://www.econbiz.de/10012472760

How Economic Ideas Led to Taiwan's Shift to Export Promotion in the 1950s

Irwin, Douglas A. - National Bureau of Economic Research - 2021

Taiwan was perhaps the first developing country to adopt an export-oriented trade strategy after World War II. The …. In 1954, economist S. C. Tsiang proposed that Taiwan boost export earnings rather than squeeze import spending to deal … later, a leading policymaker, K. Y. Yin, fought for the adoption of Tsiang's proposal, helping clear the way for Taiwan …

Persistent link: https://www.econbiz.de/10012629518

Does Offshoring Production Reduce Innovation : Firm-Level Evidence from Taiwan

Branstetter, Lee; Chen, Jong-rong; Glennon, Britta; … - National Bureau of Economic Research - 2021

Does the offshoring of production degrade or enhance the innovative capabilities of manufacturing firms? We contribute to this debate by exploiting a policy shock that differentially affected the ability of Taiwanese firms to offshore some products to China. We find causal evidence that...

Persistent link: https://www.econbiz.de/10012616565

Health Care Expenditure and Farm Income Loss : Evidence from Natural Disasters

Chang, Hung-hao; Meyerhoefer, Chad D. - National Bureau of Economic Research - 2022

use to the loss in farm income brought about by natural disasters in Taiwan. To account for endogenous exposure to …

Persistent link: https://www.econbiz.de/10013190992