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Using a Markov-switching GARCH model this paper analyzes the volatility evolution of the greenback's price in gold from after the Civil War until the return to gold convertibility in 1879. The econometric inference associated with our methodology indicates a switch to a regime of low volatility...
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determine the emphasis placed by the western states on the development of their coal resources is also made. Three market … in each region's relative emphasis on development of coal resources vs tax revenue. The welfare impacts of these tax … conclude that western states currently are quite efficient extractors of economic rent from coal produced within their …
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Quantification of uncertainty in predictions of nuclear waste repository performance is a requirement of Nuclear Regulatory Commission regulations governing the licensing of proposed geologic repositories for high-level radioactive waste disposal. One of the major uncertainties in these...
Persistent link: https://www.econbiz.de/10009436267
An overview of the current situation in the United States and a look to the future of low-level waste management are presented. Current problems and challenges are discussed, such as: the need of additional disposal sites in the future; risks and costs involved in transport of low-level wastes;...
Persistent link: https://www.econbiz.de/10009437010
. This is consistent with findings in the commodity trade literature that, although markets may behave in a rational economic …
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