Shooting On A Moving Target: Explaining European Bank Rates During The Interwar Period,
2009
Occidental College
Shooting On A Moving Target: Explaining European Bank Rates During The Interwar Period, Kirsten Wandschneider
Kirsten Wandschneider
This paper describes the monetary policy response of countries during the inter-war period. How did central banks react to the Great Depression? How did countries balance the externals demands of the gold standard with domestic policy pressures? What was the optimal level of international policy coordination? We use weekly data over the period 1925-1936 to estimate central bank rate reaction functions for a panel of 22 countries during the inter-war gold standard. The estimates suggest to us changing objectives for monetary policy. Countries moved away from the sole objective of convertibility and towards a more ‘modern’ monetary policy based on …
A Global Green Recovery, The G20 And International Sti Cooperationin In Clean Energy,
2009
University of Wyoming
A Global Green Recovery, The G20 And International Sti Cooperationin In Clean Energy, Edward Barbier
Edward B Barbier
No abstract provided.
Economies Of Scope For Microfinance: Differences Across Output Measures,
2009
Auburn University Main Campus
Economies Of Scope For Microfinance: Differences Across Output Measures, Valentina Hartarska, Christopher Parmeter, Denis Nadolynak, Beibei Zhu
Christopher F. Parmeter
In banking, scope economies of mobilizing deposits and lending are often estimated, while consideration of the same measures for microfinance institutions (MFI) is still in its infancy. An open issue remains regarding what characterizes an output of an MFI. Moreover, depending on the output used, do estimated scope economies differ? We use a novel data set for over 800 MFI across more than 70 countries to estimate economies of scope. Our findings suggest that statistical differences arise between estimates of scope economies. However, our qualitative findings indicate that both of these measures provide similar overviews of the landscape of scope …
Ecosystem Services As A Common Language For Coastal Ecosystem-Based Management.,
2009
Portland State University
Ecosystem Services As A Common Language For Coastal Ecosystem-Based Management., Elise Granek, Stephen Polasky, Carrie Kappel, Denise Reed, David Stoms, Evamaria Koch, Chris Kennedy, Lori Cramer, Sally Hacker, Edward Barbier, Shankar Aswani, Mary Ruckelshaus, Gerardo Perillo, Brian Silliman, Nyawira Muthiga, David Bael, Eric Wolanski
Edward B Barbier
No abstract provided.
Not Enough Fruit And Vegetables Or Too Many Cookies, Candies, Salty Snacks, And Soft Drinks?,
2009
Rand Corporation
Not Enough Fruit And Vegetables Or Too Many Cookies, Candies, Salty Snacks, And Soft Drinks?, Roland Sturm, Deborah Cohen, Tom Farley, Molly Scott, R Bluthenthal
Roland Sturm
No abstract provided.
School Policies And Children's Obesity,
2009
Dartmouth College
School Policies And Children's Obesity, Patricia Anderson, Kristin Butcher, Diane Schanzenbach
Diane Whitmore Schanzenbach
No abstract provided.
Biodiversity And Geography,
2009
University of Wyoming
Biodiversity And Geography, M. Rauscher, Edward Barbier
Edward B Barbier
No abstract provided.
What Do We Know About Contracting Out In The United States? Evidence From Household And Establishment Surveys,
2009
W.E. Upjohn Institute for Employment Research
What Do We Know About Contracting Out In The United States? Evidence From Household And Establishment Surveys, Matthew Dey, Susan Houseman, Anne Polivka
Susan N. Houseman
No abstract provided.
Modeling Health Care Policy Alternatives,
2009
Selected Works
Modeling Health Care Policy Alternatives, Jeanne Ringel, Christine Eibner, Federico Girosi, Amado Cordova, Elizabeth Mcglynn
Christine Eibner
No abstract provided.
Review Of Economics Of Forest Resources,
2009
CSIRO
Review Of Economics Of Forest Resources, Sorada Tapsuwan
Sorada Tapsuwan
No abstract provided.
On The Intergenerational Persistence Of Work Hours,
2009
Universidad Carlos III de Madrid
On The Intergenerational Persistence Of Work Hours, Manuel Toledo
Manuel E Toledo
This paper studies the intergenerational persistence of work hours. In particular, I look at the correlation of hours between fathers and sons in the U.S. Using data from the Panel Study of Income Dynamics, I find a strong persistence in the permanent component of hours worked. I investigate the extent this correlation is explained by (i) persistence in wages, (ii) correlation in leisure preferences, and (iii) intergenerational wealth transfers. I also examine the role of work effort on the transmission of earnings across generations. To this end I provide a quantitative model of intergenerational transmission of human capital and wealth.
Bees In America: How The Honey Bee Shaped A Nation,
2009
Eastern Kentucky University
Bees In America: How The Honey Bee Shaped A Nation, Tammy Horn
Tammy Horn
" Honey bees--and the qualities associated with them--have quietly influenced American values for four centuries. During every major period in the country's history, bees and beekeepers have represented order and stability in a country without a national religion, political party, or language. Bees in America is an enlightening cultural history of bees and beekeeping in the United States. Tammy Horn, herself a beekeeper, offers a varied social and technological history from the colonial period, when the British first introduced bees to the New World, to the present, when bees are being used by the American military to detect bombs. Early …
Market Power, Eu Integration And Privatization: The Case Of Romania,
2009
University of Miami
Market Power, Eu Integration And Privatization: The Case Of Romania, Gabriel Asaftei, Christopher Parmeter
Christopher F. Parmeter
This paper investigates the effects on pricing behavior of firms in a transition economy resulting from integration into the European Union’s Common Market and changes in ownership. We use a semiparametric model with a rich panel of manufacturing firms in Romania from 1995 to 2003 to estimate firm-level markups. We find that markups are higher in more concentrated industries and less exposed to foreign competition. Trade integration appears to generally increase competitive pressure on markups. Industries exposed to more international competition experience a larger change in markups following integration into the European Union’s Common Market. However, as the initial impact …
The Forest Transition: Towards A More Comprehensive Theoretical Framework,
2009
University of Wyoming
The Forest Transition: Towards A More Comprehensive Theoretical Framework, E. Barbier, J. Burgess, A. Grainger
Edward B Barbier
Building on the contributions of Mather and others, this paper offers an approach for developing a more comprehensive theory of the forest transition. We argue that long-run changes in forest cover in a country or region cannot be separated from the overall pattern of land use changes. Moreover, this pattern is determined by relative land values; forest cover changes over time as the value of one land use relative to the value of it competing use changes over time. However, the actual values that are used to allocate land may be far from optimal: that is the presence of market, …
A Distributional Analysis Of Public Private Wage Differential In India,
2009
World Bank
A Distributional Analysis Of Public Private Wage Differential In India, Mehtabul Azam, Nishith Prakash
Nishith Prakash
We investigate the public-private wage differential in India using nationally representative micro data. While the existing literature focuses on average wage differential, we study the differences in the wage distributions. The raw wage differential between public and private sector is positive across the entire distribution for both genders irrespective of area of residence. A quantile regression based decomposition analysis reveals that the differences in observed characteristics (covariate effect) account for only a small part of the wage differential at lower quantiles, but a larger part at higher quantiles. At the very top of the distribution, covariate effects account for a …
Drug Prevention And Its Impact On Substance Use, Earnings And Educational Outcomes,
2009
Rand Corporation
Drug Prevention And Its Impact On Substance Use, Earnings And Educational Outcomes, Rosalie Pacula
Rosalie Liccardo Pacula
No abstract provided.
Which Hedonic Models Can We Trust To Recover The Marginal Willingness To Pay For Environmental Amenities?,
2009
Arizona State University
Which Hedonic Models Can We Trust To Recover The Marginal Willingness To Pay For Environmental Amenities?, Nicolai Kuminoff, Christopher Parmeter, Jaren Pope
Christopher F. Parmeter
The hedonic property value model is among our foremost tools for evaluating the economic consequences of policies that target the supply of local public goods, environmental services, and urban amenities. We design a theoretically consistent and empirically realistic Monte Carlo study of whether omitted variables seriously undermine the method’s ability to accurately identify economic values. Our results suggest that large gains in accuracy can be realized by moving from the standard linear specifications for the price function to a more flexible framework that uses a combination of spatial fixed effects, quasi-experimental identification, and temporal controls for housing market adjustment
Tort Law And Probabilistic Litigation: How To Apply Multipliers To Address The Problem Of Negative Value Suits,
2009
University of California, Hastings College of the Law
Tort Law And Probabilistic Litigation: How To Apply Multipliers To Address The Problem Of Negative Value Suits, Ben Depoorter
Ben Depoorter
This Article advances a proposal that brings to life valuable lawsuits that litigation costs currently discourage. Our proposal converts claims with negative expected values into positive expected value claims by implementing a novel system involving flexible conditional multipliers. Our proposal has two components. First, under the proposed system a plaintiff is allowed to select a damage multiplier that determines the amount of damages the plaintiff will receive if the litigation is successful. Second, courts select cases for litigation randomly with a probability inverse to the multiplier the plaintiff selected.
The Returns To English-Language Skills In India,
2009
World Bank
The Returns To English-Language Skills In India, Mehtabul Azam, Aimee Chin, Nishith Prakash
Nishith Prakash
No abstract provided.
Group Diversity And Salience: A Natural Experiment From A Television Game Show,
2009
DePaul University
Group Diversity And Salience: A Natural Experiment From A Television Game Show, Gabriella Bucci, Rafael Tenorio
Gabriella A. Bucci
We take advantage of a naturally occurring experiment in a television game show to study the impact of group characteristics on their ability to select salient solutions in a matching game. The Family Feud features families seeking to earn prizes by matching the results of public opinion surveys on various subjects. Our main result is that, controlling for task difficulty, families that are more diverse, as measured by both the intra-family generational gap and the relatedness of their members, are more successful at matching wider ranges of survey responses. This highlights the importance of member diversity in expanding information and …
