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STATE-DEPENDENT OR TIME-DEPENDENT PRICING: DOES IT MATTER FOR RECENT U.S. INFLATION.
We investigate whether individualsí health care utilization responds to the dynamic incentives created by the non-linear budget sets of typical health insurance contracts. Our primary empirical stra...
We collect data on management practices for operations, targets and human resources in 2,000 hospitals in Brazil, Canada, France, Germany, India, Italy, Sweden, UK and the US. These management practic...
Recent work documents that firms that are more vulnerable to takeover have higher borrowing costs. This paper investigates the reasons behind this stylized fact. My results show that firms with few an...
Our study is one of the first natural experiments around the role of leaders in the context of firms. Also while most prior natural experiments around leadership in the policy world have exploited the...
Supply-chain disruptions have a material effect on company value, but this impact can vary considerably. Thus, it is important for managers and investors to recognize the types of disruptions and the ...
Economic analysis often reviews the role of principles—such as respect for intellectual property rights—in driving innovation. Given the interdependent nature of innovation in information technology, ...
This paper examines the impact of trade and political institutions on environmental quality in Africa and explores whether political institutions matter to the trade-environment ...
Recently, Pfeffer (2010) called for a better understanding of the human dimension of sustainability. Responding to this call, we explore how individuals sustain an important human resource—their own e...
The empirical literature on environmental performance or compliance has followed two strands: one based on the impact of formal regulation as a means of inducing better environmental performance, and ...
The problem of valuation of a European option is considered as a problem of choice, with price being a decision. A version of indifference valuation relation is proposed that includes statistical regu...
Demographic ageing in Western countries has increased the pressure on children of elderly parents to provide care privately as an alternative to more costly institutionalization, and this pressure is ...
It is often forgotten in the midst of the strategic games that comprise negotiations pertaining to market access − at either multilateral forums such as the World Trade Organization (WTO) or tho...
This paper estimates the effect of institutions on economic performance using cross-city data from China. We argue that China’s ongoing reforms are part of a long and circuitous historical transition ...
After over more than six decades of broad-based multilateral trade liberalization under the General Agreement on Tariffs and Trade (GATT), and subsequently the World Trade Organization (WTO), trade in...

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