Browsing Economics by Type "Article"
Now showing items 1-20 of 71
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Analysis of environmental productivity on fossil fuel power plants in the U.S.
(MDPI AG, 2019-12-04)In 2007, the Clean Air Act officially included greenhouse gases, making fossil fuel power plants the first of key industries regulated by the Environmental Protection Agency. How do we measure the impact of the regulations ... -
Are there too few trades during the NFL draft?
(Routledge Journals, Taylor & Francis Group, 2016-05-02)College football players are initially assigned to teams in the National Football League (NFL) through the league's draft selection process. At each team's turn to pick, the team has the option of exercising the pick itself ... -
Being present: determinants of trustee attendance at public university board meetings
(John Wiley & Sons, 2020-04-17)Using a unique data set, we analyze board meeting attendance records of a cross‐section of trustees representing 134 US public universities. Attendance at board meetings is essential for trustees to fulfill their fiduciary ... -
Boom-bust cycles and the forecasting performance of linear and non-linear models of house prices
(Springer, 2008-04)The tremendous rise in house prices over the last decade has been both a national and a global phenomenon. The growth of secondary mortgage holdings and the increased impact of house prices on consumption and other components ... -
Bubbles, busts, breaks, and segmentation
(American Real Estate Society, 2013)Given the recent turmoil in the housing market in the United States, several papers have examined whether price dynamics in municipalities displayed a structural change, which would suggest bubble and bust behavior. Some ... -
Can money market mutual funds provide sufficient liquidity to replace deposit insurance?
(Springer, 2001-09)Narrow banking is an arrangement in which deposittaking and lending functions are separated and performed by different institutions. This separation is aimed at avoiding panics at uninsured banks, without moral hazard ... -
Central Bank Independence, Inflation and Uncertainty: The Case of Colombia
(Taylor & Francis, 2009)Colombia undertook reform of its central bank in 1991, pushing it in the direction of greater independence. We find that this reform led to a significant decrease in the level of inflation, as well as inflation uncertainty, ... -
Changing inflation dynamics and uncertainty in the United States
(Southern Economic Journal, 2009-01)Inflation uncertainty has been shown theoretically and empirically to lower real Output (Friedman 1977; Grier et al. 2004). Employing a Markov-switching model with regime-varying variance, as well as more traditional ... -
Clustering in U.K. home price volatility
(American Real Estate Society, 2011)In the wake of the 2007-2009 global financial crisis, there has been heightened interest in correctly gauging the probability of large losses on assets, particularly house prices. If an asset exhibits GARCH effects in its ... -
The consequences (and nonconsequences) of ownership change: the case of major league baseball
(SAGE Publications, 2019-01)Although ultimate responsibility for a professional sports team lies with the owner, little is known about the repercussions of having a new owner at the helm. This article investigates ownership change in Major League ... -
Contagion versus interdependence across regional U.S. housing markets and implications for RMBS geographic diversification strategy
(American Real Estate Society, 2015)Home prices in the United States often exhibit little (and sometimes even negative) correlation across different regions. This reflects segmentation in the national housing market and also provides an apparent opportunity ... -
Convergence in the Eurozone: Progress Towards the Goal?
(Wiley-Blackwell, 2020-09-23)Convergence in per capita income across member countries is a stated goal of the European Union. This goal applies, of course, to all eurozone nations. The impact of a common currency on income convergence is both theoretically ... -
The cost of Federal Reserve membership for Kansas banks
(University of Nebraska-Lincoln, 1970)The purpose of this paper is to suggest a method soundly based in theory by which costs of meeting the most restrictive reserve requirements prescribed by the Federal Reserve may be approximated by the use of readily ... -
Covered interest arbitrage: Then versus now
(Wiley-Blackwell Publishing, 2006-05)We introduce a new weekly database of spot and forward US-UK exchange rates as well as interest rates to examine the integration of forward exchange markets during the classical gold standard period (1880-1914). Using ... -
Did the classical gold standard lead to greater business cycle synchronization? Evidence from new measures
(John Wiley & Sons Ltd, 2014-02)Previous studies have presented findings suggesting that the gold standard may have led to an increase in business cycle synchronization among its member countries. This follows a growing literature which posits that ... -
Did the classical gold standard lead to greater price level convergence? A new approach
(Springer International Publishing AG, 2015-04)Some previous research has indicated that the classical gold standard led to greater price level co-movement among member countries than would be observed in later Bretton Woods and floating exchange rate regimes. This ... -
Did the euro common currency increase or decrease business cycle synchronization for its member countries?
(John Wiley and Sons, 2018-07)We use two variants of Markov switching models to assess changes in output synchronization since the creation of the euro. Out of eight eurozone countries investigated, only onethe Netherlandshas synchronization increased ... -
The digital Wild West: on social entrepreneurship in extended reality
(Emerald, 2020-07-10)Purpose: Our central thesis is that the dynamic, immersive and agile nature of extended reality (XR) both provides an unusually fertile ground for the development of alternative forms of governance and essentially necessitates ... -
Direct medical costs and their predictors in patients with rheumatoid arthritis: A three-year study of 7,527 patients
(American College of Rheumatology, 2003-10-07)OBJECTIVE. To estimate total direct medical costs in persons with rheumatoid arthritis (RA) and to characterize predictors of these costs. METHODS. Patients (n = 7,527) participating in a longitudinal study of outcome in ... -
Do frontier equity markets exhibit common trends and still provide diversification opportunities?
(Taylor & Francis, 2006-08-19)Many small, frontier equity markets in regions such as Africa and Eastern Europe have opened in recent years. As in other larger emerging markets, important issues for investors are the extent of financial integration with ...