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A class of nonlinear processes which have a root that is not constant, but is stochastic, and varying around unity is introduced. Th eprocess can be stationary for some periods, and mildly explosive for others.
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In this paper we examine and discuss estimates of fertility in the Democratic Republic of the Congo (DRC). Currently, the United Nations estimates that the country's total fertility rate is 6.7, and national sources provide an even higher estimate of 7.3. However, our assessment of the data...
Persistent link: https://www.econbiz.de/10005819165
This chapter surveys the literatures on advertising bans and alcohol consumption or abuse, and advertising expenditures and alcohol consumption. Studies of state-level bans of billboards are examined as well as studies of international bans that cover broadcasting media. For expenditures, the...
Persistent link: https://www.econbiz.de/10005819166
This paper compares the effects of migration restrictions using licenses which are freely traded in a competitive labor market to those that occur when licenses are allocated to firms who are not permitted to trade them. There is reason to expect that a policy of making licenses non-transferable...
Persistent link: https://www.econbiz.de/10005819167