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There were substantial fluctuations in the numbers of American overseas travelers, especially before World War II. These fluctuations in travel around the robust, long term upward trend are the focus of this paper. We first identify those fluctuations in the raw data and then try to explain the...
Persistent link: https://www.econbiz.de/10012463801
Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we …
Persistent link: https://www.econbiz.de/10012480452
substantiates both supply and demand effects of past price trends in housing markets, particularly with respect to subprime mortgage …-loan collateral values may have affected both the demand and the supply of mortgages. Standard time series models using repeat …
Persistent link: https://www.econbiz.de/10012463316
Discrete choice demand models are widely used for counterfactual policy simulations, yet their out … choice models of school demand. In 2013, Boston Public Schools considered several new choice plans that differ in where …, suggesting that the choice models are indeed "structural." Our findings show that structural demand models can effectively …
Persistent link: https://www.econbiz.de/10012453696
discrete choice models of demand compared to simpler alternatives. In 2013, Boston Public Schools (BPS) proposed alternative …. Pathak and Shi (2013) estimated discrete choice models of demand using families' historical choices and these demand models … of discrete choice models of demand in our context …
Persistent link: https://www.econbiz.de/10012458802
"Short-run subsidies for health products are common in poor countries. How do they affect long-run adoption? We present a model of technology adoption in which people learn about a technology's effectiveness by using it (or observing others using it) for some time, but people quit using it too...
Persistent link: https://www.econbiz.de/10003987975
importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in …
Persistent link: https://www.econbiz.de/10011395038
This is the first paper to investigate the determinants of the demand for medical care in the People's Republic of … characteristics and work conditions impact the demand for medical care. Income elasticity is around 0.3, indicating medical care is a … necessity. Medical care demand is price inelastic, and price elasticity is larger in absolute value for poorer households …
Persistent link: https://www.econbiz.de/10012471094
market. This paper examines the initial effects of the tax subsidy on the demand for health insurance using previously …
Persistent link: https://www.econbiz.de/10012471232
approximately $140 million or 7.5 percent of current coverage. As expected, tax effects vary with the elasticity of demand. When … demand is largely inelastic, e.g., automobile liability coverage, taxes do not affect self-insurance …
Persistent link: https://www.econbiz.de/10012471330