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The "clean-energy economy" always seems a few steps away but never quite here. Fossil fuels still power transportation, heating and cooling, and manufacturing, but a team of scientists from Penn State...
上海财经大学微观经济学课件Chapter 21 Cost Curves。
上海财经大学微观经济学课件Chapter 20 Cost Minimization。
We, the authors, could not have completed this study without inspiration, expertise, and a great deal of data from Harvard’s Office of Admissions and Financial Aid, which has shown unswerving commitme...
Much of the extensive empirical literature on insurance markets has focused on whether adverse selection can be detected. Once detected, however, there has been little attempt to quantify its welfar...
This paper describes the evolution of the tax treatment of investment in R&D in Australia, Canada, France, Great Britain, Germany, Italy, Japan and the USA between 1979 and 1994. Estimates of the cost...
Minimum capital requirements are a central tool of banking regulation. Setting them balances a number of factors, including any effects on the cost of capital and in turn the rates available to borrow...
Despite their popularity as proxies of expected returns, the implied cost of capital's (ICC) measurement error properties are relatively unknown. Through an in-depth analysis of a popular implementati...
This paper explores two broad questions on collaboration between individuals. First, we investigate what personal characteristics affect people's desire to work together. Second, given the influence o...
Bennis, Medin, and Bartels (2009) have contributed an interesting paper on the comparative benefit of moral rules versus cost-benefit analysis. Many of their specific comments are accurate, useful, an...
We examine three reforms to property rights introduced by the United States in the Philippines in the early 20th century: the redistribution of large estates to their tenants, the creation of a system...
Recent tax literature and activism has called for tax reform that would lead to a more efficient income tax system in Canada, including tax policy research inviting a reduction in tax preferences to e...
We analyze funeral arrangements following the deaths of 3,751 people who died between January 2003 and December 2005 in the Africa Centre Demographic Surveillance Area. We find that, on average, house...
Inflation and Unit Labor Cost     Inflation   Unit Labor Cost       2014/3/18
We study two decompositions of inflation, , motivated by the standard New Keynesian Pricing Equation of Gali, Gertler, and Sbordone. The first uses four components: lagged,expected future, rea...
A great deal of attention has been given in recent years to the question of externalities associated with water entitlements and how third parties can be protected without restricting opportunities fo...

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