Government-linked companies (GLCs) have a significant presence in Singapore''s corporate sector. Unlike parastatals in many other countries, these companies are run on a competitive, commercial basis, ostensibly without government privileges. Based on data from publicly listed GLCs and non-GLCs,...

One of the most popular measures of economic policy uncertainty (EPU) is an index based on newspapers coverage of particular keywords. The constructed index is often then included in VAR models to examine the extent to which EPU affects economic activity. Researchers, however, have not...

This paper estimates the influence of macroeconomic conditions on individual legislator voting over time. Previous work shows legislator voting to be stable over careers. In this paper, voting on an ideological issue space (ADA scores) and a fiscal issue space (NTU scores), from 1976 to 2002,...

This paper evaluates whether tasting notes - the brief testimony that describes the sensory properties of wines - add value. The analysis is based on a sample of over 2700 recent vintage cabernet sauvignon wines evaluated by Wine Spectator. I estimate a dynamic wine price model to evaluate the...

This paper evaluates whether tasting notes - the brief testimony that describes the sensory properties of wines - add value. The analysis is based on a sample of over 2700 recent vintage cabernet sauvignon wines evaluated by Wine Spectator. I estimate a dynamic wine price model to evaluate the...

This paper uses a large longitudinal database (nearly 6,000 observations) of all cabernet sauvignon wines rated by <italic>Wine Spectator</italic> from 1970 to 2004 in the Napa Valley region of California to investigate whether a quality-weather relationship and a price-weather relationship exist and, if so,...