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This paper analyzes the relationship between Canadian Monetary Policy and the movements of Canada's real and nominal exchange rates with respect to the U.S. A broad-based theory is developed to form the basis for subsequent empirical analysis. The main empirical result is that the Canadian real...
Persistent link: https://www.econbiz.de/10009147928
The communitary strategic orientations that the European institutions promoted since Octomber 2006 have at their base the fact that research and innovation have a direct contribution at the prosperity and the welfare of the individual and of the community. The main objective of the research and...
Persistent link: https://www.econbiz.de/10008787465
In a world that is in a permanent change, in which the interdependencies between the states are more and more obvious and the rivalry and the inequalities between the nations deepen, one of the main objectives of the actual era wishes to be the growth of the competitivity and innovation degree...
Persistent link: https://www.econbiz.de/10008829648
) loan data from 2008 to 2019. We find that non-PLP banks (the SBA) grant loans to borrowers closer-by and at a loan rate …, and it reduces the loan rate charged by both, but less so for PLP banks …
Persistent link: https://www.econbiz.de/10013192082
ideology, I use a sample of 43 introductory economics textbooks. My claim is that these textbooks deal mostly in capitalist … sample of biblical and economics text, I first isolate the jargon words of each corpus. Then I use the Google English corpus …, biblical jargon became less popular and was slowly replaced by economics jargon. I also find evidence that the popularity of …
Persistent link: https://www.econbiz.de/10013275684
We use credit reports, survey data, and two natural experiments that increase health insurance coverage—Medicare eligibility and the Affordable Care Act's Under 26 provision—to study the financial protection provided by health insurance.
Persistent link: https://www.econbiz.de/10014439102
The existence of a home court advantage is one of the most durable empirical patterns in all of sports. Yet, the sociological and psychological mechanisms explaining its strength and persistence remain a mystery in large part because of well-known challenges with statistical identification. We...
Persistent link: https://www.econbiz.de/10014439174
We create a state-level measure of economic and police uncertainty during the 2007-2009 recession. Despite claims in the literature, the variation in this uncertainty measure matches the cross-sectional distribution of unemployment outcomes in this period. This relationship is robust to numerous...
Persistent link: https://www.econbiz.de/10014439187
Long-term data show that the dynamic efficiency condition r>g holds when g is represented by the average growth rate of real GDP if r is the average real rate of return on equity, E(re ), but not if r is the risk-free rate, rf .
Persistent link: https://www.econbiz.de/10014439215
This paper examines the impact of cargo preference requirements, which create market power for domestic shipping companies, on the effectiveness of USAID's Food for Peace emergency food aid program.
Persistent link: https://www.econbiz.de/10014439220