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CRUDE OIL AND MOTOR FUEL: FAIR PRICE REVISITED

Kitov, Ivan; Kitov, Oleg - Volkswirtschaftliche Fakultät, … - 2010

In April 2009, we introduced a model representing the evolution of motor fuel price (a subcategory of the consumer price index of transportation) relative to the overall CPI as a linear function of time. Under our framework, all price deviations from the linear trend are transient and the price...

Persistent link: https://www.econbiz.de/10008543797

28th out of 30: Poor medicine and unhealthy Americans

Fullbrook, Edward - Volkswirtschaftliche Fakultät, … - 2009

In 1970 the USA spent 7% of its GNP on healthcare, in 200716%. Whereas the OECD average per capita expenditure on … healthcare in 2007 was $2,964, the USA spent $7,290. Yet in that same period, the health of America’s citizens relative to those … up around healthcare in the USA. Because the magnitude of the relative decline in healthcare in the USA is poorly …

Persistent link: https://www.econbiz.de/10008544705

Life expectancy is the death-weighted average of the reciprocal of the survival-specific force of mortality

Cohen, Joel E. - In: Demographic Research 22 (2010) 5, pp. 115-128

The hazard of mortality is usually presented as a function of age, but can be defined as a function of the fraction of survivors. This definition enables us to derive new relationships for life expectancy. Specifically, in a life-table population with a positive age-specific force of mortality...

Persistent link: https://www.econbiz.de/10008545910

Human Capital Investments in Children: A Comparative Analysis of the Role of Parent-Child Shared Time in Selected Countries

Österbacka, Eva; Merz, Joachim; Zick, Cathleen D. - Institute for the Study of Labor (IZA) - 2010

Parents invest in their children's human capital in several ways. We investigate the extent to which the levels and composition of parent-child time varies across countries with different welfare regimes: Finland, Germany and the United States. We test the hypothesis of parent-child time as a...

Persistent link: https://www.econbiz.de/10008548723

Television Production: Its Changing Global Location, the Product Cycle and China

Gao, Zhicun; Tisdell, Clement A. - School of Economics, University of Queensland - 2004

This article concentrates on the global location of production of television receivers as a case study. The aim is to see if this accords with Vernon’s international product cycle theory or whether some modifications of the theory are required. The historical evolution of the global television...

Persistent link: https://www.econbiz.de/10008550336

Equivalence Scales Based on Revealed Preference Consumption Expenditure Microdata - The Case of West Germany zu Lüneburg

Merz, Joachim; Faik, Jürgen - Forschungsinstitut Freie Berufe, Fakultät … - 1994

Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides equivalence scales based on revealed preference consumption microdata for West Germany 1983. It is a part of a joint US and German...

Persistent link: https://www.econbiz.de/10008493969

Two Scales, One Methodology - Expenditure Based Equivalence Scales for the United States and Germany

Merz, Joachim; Garner, Thesia; Smeeding, Timothy M.; … - Forschungsinstitut Freie Berufe, Fakultät … - 1994

Choosing an appropriate equivalence scale is a prerequisite for comparisons of economic wellbeing income distribution, inequality or poverty. This is true for country specific work or for cross-national comparisons. Researchers generally either use a country specific equivalence scale (social...

Persistent link: https://www.econbiz.de/10008493971

Relative Inequality and Poverty in Germany and the United States Using Alternative Equivalence Scales

Burkhauser, Richard V.; Smeeding, Timothy M.; Merz, Joachim - Forschungsinstitut Freie Berufe, Fakultät … - 1994

German and United States data from the Luxembourg Income Study are used to compare the relative economic well-being of Germans and Americans in the 1980s. In our analysis we use both official equivalence scales and consumption-based country-specific equivalence scales developed for Germany and...

Persistent link: https://www.econbiz.de/10008493974

Warum ist der Dollar so stark in der gegenwärtigen Krise?.

Langhammer, Rolf J. - Kiel Institute for the World Economy - 2008

Persistent link: https://www.econbiz.de/10008495224

A Hurricane Hits Hawaii: A Tale of Vulnerability to Natural Disasters

Coffmann, Makena; Noy, Ilan - In: CESifo Forum 11 (2010) 2, pp. 67-72

Persistent link: https://www.econbiz.de/10008500603