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The purpose of this manuscript is to quantify exactly how much information and/or predictive content is contained in business sentiment surveys. This paper uses techniques drawn from information theory econometrics, and more specifically the theory of information entropy, to characterize the...
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This article presents estimates of consumer planning horizons for countries at different levels of economic development. Within an intertemporal optimization framework a direct relationship is observed between the length of consumers' planning horizons and the level of economic development. In...
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One component of hospital production that has received little attention is that of the generalist nurse in the pharmacy. After developing a theoretical model characterising pharmacy nursing demand, we identify and explore two major questions of interest. The first pertains to which factors...
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