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Electoral Fraud, the Rise of Peron and Demise of Checks and Balances in Argentina
Alston, Lee J. - 2009
resorted to electoral fraud, which neither the legislative, executive, or judicial branches checked. The decade of unchecked … electoral fraud led to the support for Juan Peron and subsequently to political and economic instability …
Persistent link: https://www.econbiz.de/10012463440
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Retractions
Azoulay, Pierre - 2012
. This citation penalty is more severe when the associated retracted article involves fraud or misconduct, relative to cases …
Persistent link: https://www.econbiz.de/10012460161
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Accounting for Environmental Activity : Measuring Public Environmental Expenditures and the Environmental Goods and Services Sector in the US
Fixler, Dennis J.; Hass, Julie L.; Highfill, Tina; … - National Bureau of Economic Research - 2023
How much of the economy is focused on protecting, rehabilitating, or managing the environment? To answer this question … Bureau of Economic Analysis (BEA) to quantify other sectors of the economy (e.g., Outdoor Recreation Account, Marine Economy … output of the US economy. Government expenditures (across all levels) comprise a substantial portion of the EGSS in the US …
Persistent link: https://www.econbiz.de/10014337807
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Do Sell-Side Analysts Say "Buy" While Whispering "Sell"?
Hirshleifer, David; Shi, Yushui; Wu, Weili - National Bureau of Economic Research - 2022
We examine how sell-side equity analysts strategically disclose information of differing quality to the public versus the buy-side mutual fund managers to whom they are connected. We consider cases in which analysts recommend that the public buys a stock, but some fund managers sell it. We...
Persistent link: https://www.econbiz.de/10013210060
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RIM-Based Value Premium and Factor Pricing Using Value-Price Divergence
Cong, Lin William; George, Nathan Darden; Wang, Guojun - National Bureau of Economic Research - 2023
We document that value-to-price, the ratio of Residual-Income-Model-based valuation to market price, subsumes the power of book-to-market ratio and many other value or quality measures in predicting stock returns. Long-short value-to-price portfolios hedge against momentum, revitalize the...
Persistent link: https://www.econbiz.de/10014226164
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Internalizing Externalities : Disclosure Regulation for Hydraulic Fracturing, Drilling Activity and Water Quality
Bonetti, Pietro; Leuz, Christian; Michelon, Giovanna - National Bureau of Economic Research - 2023
The rise of shale gas and tight oil development has triggered a major debate about hydraulic fracturing (HF). In an effort to mitigate risks from HF, especially with respect to water quality, many U.S. states have introduced disclosure mandates for HF wells and fracturing fluids. We use this...
Persistent link: https://www.econbiz.de/10013537736
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Does Inflation Affect Earnings Relevance? A Century-Long Analysis
Binz, Oliver; Graham, John R.; Kubic, Matthew - National Bureau of Economic Research - 2024
Financial reports present assets, liabilities, and earnings on a nominal basis (unadjusted for inflation). Using a novel dataset of nearly a century of financial reports, this paper examines whether and how inflation affects the relation between accounting earnings and stock market value, i.e.,...
Persistent link: https://www.econbiz.de/10014528402
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An Alternative Test of Racial Prejudice in Motor Vehicle Searches : Theory and Evidence
Anwar, Shamena - 2005
We propose a simple model of trooper behavior to design empirical tests for whether troopers of different races are monolithic in their search behavior, and whether they exhibit relative racial prejudice in motor vehicle searches. Our test of relative racial prejudice provides a partial solution...
Persistent link: https://www.econbiz.de/10012467421
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Understanding the Great Depression : Lessons for Current Policy
Cecchetti, Stephen G. - 1997
collapse of the economy. What lessons can we draw from our study of these events? In this essay, I argue that the Federal …
Persistent link: https://www.econbiz.de/10012472803
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The Soviet Economic Decline : Historical and Republican Data
Easterly, William - 1994
Soviet growth over 1960-89 was the worst in the world after we control for investment and human capital; the relative performance worsens over time. The declining Soviet growth rate over 1950-87 is explained by the declining marginal product of capital; the rate of TFP growth is roughly constant...
Persistent link: https://www.econbiz.de/10012474190