Showing 1 - 10 of 313
The Federal Reserve has made significant changes in its predisposition to release information over time. This paper reports the results of experimental asset markets designed to investigate how the public disclosure of uncertain information affects market and individual outcomes. In one set of...
Persistent link: https://www.econbiz.de/10010397406
Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions - generated by idiosyncratic tastes and local ties - dominate trade frictions -...
Persistent link: https://www.econbiz.de/10015210983
Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions—generated by idiosyncratic tastes and local ties—dominate trade...
Persistent link: https://www.econbiz.de/10015211320
There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....
Persistent link: https://www.econbiz.de/10013426423
There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, we construct a model where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and dying. These odds are functions of opioid use. Markov...
Persistent link: https://www.econbiz.de/10014278374
boost activity on the northern Mexican border. In this paper we estimate the effects of both policies on prices. We find … that the upward pressures on prices due to the minimum wage hike were more than offset by the downward pressures associated … with the VAT. In the absence of the VAT reduction policy, average prices in the northern Mexican border would have been …
Persistent link: https://www.econbiz.de/10014319978
. Businesses indicated that their prices were strongly influenced by demand, a desire to maintain steady profit margins, and wages … and labor costs. Survey respondents expected reduced growth in costs and prices of about 5 percent on average over the …
Persistent link: https://www.econbiz.de/10014388419
The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on - from the struggle between the Zionist and Palestinian national movements, to the deep...
Persistent link: https://www.econbiz.de/10014426865
שורשי המלחמה בין חמאס לישראל הם רבים ומסועפים. ביניהם, הקונפליקט הארוך בין התנועה הלאומית הפלסטינית לבין התנועה הציונית, האיבה בין הכנסיות הרבניות לאיסלמיות על...
Persistent link: https://www.econbiz.de/10014429228
providers, this study quantifies effects on local markets' service capacity and prices. We also estimate how increased funding … child, 2) raise average prices by $0.56 per week, mainly driven by a price increase among incumbent providers, and 3) induce …
Persistent link: https://www.econbiz.de/10014480371