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We study the spatial allocation of expenditures in the American Recovery and Reinvestment Act (ARRA), one of the largest discretionary funding bills in the history of the United States. Contrary to...
In 1992, President Bush proposed legislation intended to speed up the recovery from the 1990-91 recession. Congress rejected this proposal for countercyclical fiscal policy stimulus. In early 1993 P...
A decade ago in a paper, “Reassessing Discretionary Fiscal Policy,” published in the Journal of Economic Perspectives, I concluded that “in the current context of the US economy, it seems best to ...
New Zealand capital markets currently do not serve retail investors well, creating investor skepticism regarding participation. A recent Reader’s Digest survey rated financial advisers among the least...
Traditional studies in data envelopment analysis (DEA) view systems as a whole when measuring the efficiency, ignoring the operation of individual processes within a system. Furthermore DEA is a mathe...
This article is about football, and in that, not very exceptional. However, the focus is on the referee, a relatively invisible figure, on the pitch as well as in sports sciences. By focusing on the r...
Discretionary firm donation is usually related to the stakeholder theory and corporate social performance. Although theoretical explanations for this social behavior are pervasive in related literatur...
In some situations, some inputs and outputs are nondiscretionary. Therefore, following Zarepisheh and Soleimani-damaneh [Euro. J. Opera. Res. (2007)], which uses the linear programming problem for det...
Background This study aimed to ask a sample of the general population about their preferences regarding doctors holding discretionary powers in relation to disclosing cancer diagnosis and prognosis. ...
Discretionary Risk Disclosures     disclosures  risk  asset pricin       2014/5/27
We model managers' equilibrium strategies for voluntarily disclosing in-formation about their firm's risk. We consider a multifirm setting in which the variance of each firm's future ...
This article considers corruption as a breach of contract between a principal and an agent. This does not necessarily imply that corruption is immoral, for the nature of the violation actually depends...
This paper provides a preliminary assessment of recent reforms of German employment promotion policy. While several recent studies analyze the impact of measures of employment promotion for the case o...

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