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Long-term data show that the dynamic efficiency condition r>g holds when g is represented by the average growth rate of real GDP if r is the average real rate of return on equity, E(re ), but not if r is the risk-free rate, rf .
Persistent link: https://www.econbiz.de/10014439215
A recent survey found that a higher percentage of sampled smokers had tried vaping in the UK, relative to the US, especially among those who claimed they had tried to quit smoking previously.
Persistent link: https://www.econbiz.de/10014439216
We use prediction market data from Betfair, the world's largest Internet betting exchange, to measure the electability of 2016 Presidential candidates using regressions that compare the general election contest and party nomination win probabilities for each candidate. A candidate who is more...
Persistent link: https://www.econbiz.de/10014439217
This paper examines the impact of cargo preference requirements, which create market power for domestic shipping companies, on the effectiveness of USAID's Food for Peace emergency food aid program.
Persistent link: https://www.econbiz.de/10014439220
This paper presents a data set that tracks effective minimum wage rates across the US states, including the District of Columbia, from January 1, 2011, to January 1, 2018.
Persistent link: https://www.econbiz.de/10014439221
Social service providers such as teachers, healthcare providers and homeless shelters receive trillions of dollars each year to help people. Recently, policymakers and other funders have attempted to obtain better outcomes by implementing performance-based incentive schemes that pay more money...
Persistent link: https://www.econbiz.de/10014439223
Using Census Bureau estimates of the market value of in-kind transfers and Current Population Survey (ASEC-CPS) data over the period 1979 to 2007, Burkhauser et al. (2012b) construct measures of income and its distribution.
Persistent link: https://www.econbiz.de/10014439224
This paper investigates whether two legislative changes aimed at empowering women did in fact lower the risk of domestic violence for women in India. We use the National Family Health Survey, a nationally representative household dataset to explore this issue. The first legislative change we...
Persistent link: https://www.econbiz.de/10014439225
This paper examines the avenues interest groups use to influence procurement decisions that are subject to legislative constraints that conflict with the provision of the government service or goods, such as "Buy American Laws." We first explore a theoretical model in which the government agency...
Persistent link: https://www.econbiz.de/10014439228
This paper integrates a microsimulation (partial equilibrium) model of tax policy with a dynamic scoring approach to tax policy analysis using a dynamic general equilibrium macroeconomic model. Both approaches have strengths and weaknesses. Our integration of the two models combines the strength...
Persistent link: https://www.econbiz.de/10014439232