The airline industry is one of the fastest growing industries in the world, and one of themain industries that is affected by globalization (Harvey & Turnbull 2002, p. 1).According to the International Air Transport Association (IATA 2004), the number ofpassengers traveling on scheduled flights...

This paper introduces a method for solving numerical dynamic stochastic optimization problems that avoids rootfinding operations. The idea is applicable to many microeconomic and macroeconomic problems, including life cycle, buffer-stock, and stochastic growth problems. Software is provided.

In facility layout problems, a major concern is the optimal design or remodeling of the facilities of an organization. The decision maker's objective is to arrange the facility in an optimal way, so that the interaction among functions (i.e. machines, inventories, persons) and places (i.e....

We investigate the impact of adopting an enterprise resource planning (ERP) system onperformance changes and employee outcomes in a retail chain. We find that: (i) sales andinventory turnover initially drop by 7 % and recover in 6-12 months; (ii) inventory turnoverrecovers more quickly for...

The National Board for Professional Teaching Standards recognizes teachers who meet performance standards for "accomplished" educators. States and districts provide support for teachers to obtain this certification, which is considered an honor in the field. Using high school data from Chicago...

This study examines the development and implementation of judicial strategies by the European Trade Union Confederation (ETUC) over the last fifteen years. Firstly, the author shows that this strategy was born in the wake of the Viking and Laval cases, with the aim of using the standards and...

This paper uses an equilibrium matching framework to study jointly the optimal private provision of severance pay and the allocational and welfare consequences of government intervention in excess of private arrangements. Firms insure risk-averse workers by means of simple explicit employment...

This paper develops a break detection procedure for the well-known AR(p) linear panel data model with exogenous or pre-determined regressors. The test allows for a structural break in the slope parameters as well as in the fixed effects. Breaks in the latter are not constrained by any type of...