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Fakten, Fakten, Fakten ... Aber inwieweit kann man den Zahlen in den Medien trauen? Werden tatsächlich jedes Jahr vier Millionen Frauen von ihren Männern oder Freunden zu Tode geprügelt? Nimmt sich in den Vereinigten Staaten wirklich alle dreizehn Minuten ein junger Mensch das Leben? Stellt...
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This paper employs fixed and random effects regressions to analyze panel data from the 50 states and Washington, D.C., between the years of 1980 and 2005, to estimate the relationship between the death penalty and homicide rate, and the degree to which this relationship affects crime outcomes....
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Conventional estimates of the marginal propensity to consume (MPC) out of changes in net worth average about 4 cents on the dollar. If this is true, the $14 trillion rise in household net worth between 1995 and 2000 created an additional $567 billion in household consumption. This increase in...
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This paper investigates the effects of wealth on consumer spending in the United States. A traditional life-cycle model is estimated first. Although it does find a statistically significant wealth effect, its findings are unusable due to the presence of autocorrelation and non-stationarity....
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This paper aims to reflect on the sources of the technical inefficiency of health care foodservice operations, using a sample of Australian and American hospitals. The paper applies the stochastic frontier model to reflect on the technical inefficiency and its sources. The advantage of the model...
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