A Note on the Empirical Implementation of Lens Condition

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ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis A Note on the Empirical Implementation of Lens Condition by : Andrew B. Bernard

Download or read book A Note on the Empirical Implementation of Lens Condition written by Andrew B. Bernard and published by . This book was released on 2005 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Deardorff [Journal of International Economics 36 (1994) 167-175] offers an intuitively appealing test for factor price equality (FPE). He demonstrates that FPE is impossible if the set (i.e., lens) of points defined by regional factor abundance vectors does not lie within the set of points defined by goods' input intensities. This note demonstrates that empirical implementation of the lens condition is problematic if the "true" number of either goods or regions is unknown. We show that satisfaction of the lens condition is more likely when goods are relatively disaggregate compared to regions"--National Bureau of Economic Research web site.

NBER Reporter

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ISBN 13 :
Total Pages : 520 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis NBER Reporter by : National Bureau of Economic Research

Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 2005 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bank Concentration and Fragility

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ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Bank Concentration and Fragility by : Thorsten Beck

Download or read book Bank Concentration and Fragility written by Thorsten Beck and published by . This book was released on 2005 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Public policy debates and theoretical disputes motivate this paper's examination of (i) the relationship between bank concentration and banking system fragility and (ii) the mechanisms underlying this relationship. We find no support for the view that concentration increases the fragility of banks. Rather, banking system concentration is associated with a lower probability that the country suffers a systemic banking crisis. In terms of policies, we find that (i) regulations and institutions that facilitate competition in banking are associated with less not more -- banking system fragility and (ii) including these policy indicators does not change the results on concentration. This suggests that concentration is a proxy for something else besides the competitive environment. Also, we do not find that official capital regulations, reserve requirements, or official prudential regulations lower crises probabilities. Finally, we present suggestive evidence that concentrated banking systems tend to have larger, better-diversified banks, which may help account for the positive link between concentration and stability"--NBER website

Spacey Parents

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ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Spacey Parents by : Bruce Aloysius Blonigen

Download or read book Spacey Parents written by Bruce Aloysius Blonigen and published by . This book was released on 2005 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Increasing attention has been given to the impact of third countries on outbound FDI to a given host country. Here, we consider potential third-country effects on inbound FDI. A simple model suggests two sources of such effects on a country's inbound FDI. First, it will tend to receive more FDI from parent countries proximate to large third countries. Second, FDI from third countries may increase or decrease FDI from the parent country in question depending on whether production spillovers or crowding out effects dominate. Using data on US inbound FDI from OECD countries during 1980-2000, we find strong evidence for parent market proximity effects. We find robust results for third country FDI effects only in a European subsample. There, crowding out effects dominate"--National Bureau of Economic Research web site.

Supersanctions and Sovereign Debt Repayment

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ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Supersanctions and Sovereign Debt Repayment by : Kris James Mitchener

Download or read book Supersanctions and Sovereign Debt Repayment written by Kris James Mitchener and published by . This book was released on 2005 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Theoretical models have suggested that sanctions may be important for enforcing sovereign debt contracts (Bulow and Rogoff, 1989a, 1989b). This paper examines the role of sanctions in promoting debt repayment during the classical gold standard period. We analyze a wide range of sanctions including gunboat diplomacy, external fiscal control over a country's finances, asset seizures by private creditors, and trade sanctions. We find that "supersanctions," instances where military pressure or political control were applied in response to default, were an important and commonly used enforcement mechanism from 1870-1913. Following the implementation of supersanctions, on average, ex ante default probabilities on new debt issues fell by more than 60 percent, yield spreads declined approximately 800 basis points, and defaulting countries experienced almost a 100 percent reduction of time spent in default. We also find that debt defaulters that surrendered their fiscal sovereignty for an extended period of time were able to issue large amounts of new debt on international capital markets. Consistent with policies advocated by Caballero and Dornbusch (2002) for Argentina, our results suggest that third-party enforcement mechanisms, with the authority to enact financial and fiscal reforms, may be beneficial for resuscitating the capital market reputation of sovereign defaulters"--NBER website

Efficient Fiscal Policy and Amplification

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ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Efficient Fiscal Policy and Amplification by : Mark Aguiar

Download or read book Efficient Fiscal Policy and Amplification written by Mark Aguiar and published by . This book was released on 2005 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: "We provide a rationale for the observed pro-cyclicality of tax policies in emerging markets and present a novel mechanism through which tax policy amplifies the business cycle. Our explanation relies on two features of emerging markets: limited access to financial markets and limited commitment to tax policy. We present a small open economy model with capital where a government maximizes the utility of a working population that has no access to financial markets and is subject to endowment shocks. The government's insurance motive generates pro-cyclical taxes on capital income. If the government could commit, this policy is not distortionary. However, we show that if the government lacks the ability to commit, the best fiscal policy available exacerbates the economic cycle by distorting investment during recessions. We characterize the mechanism through which limited commitment generates cycles in investment in an environment where under commitment investment would be constant. We extend our results to standard productivity shocks and to the case where the government has access to intra-period insurance markets. Lastly, we conjecture that our results would hold as well if the government could issue debt subject to borrowing constraints"--NBER website

The Value of Peripatetic Economists

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ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Value of Peripatetic Economists by : Daniel S. Hamermesh

Download or read book The Value of Peripatetic Economists written by Daniel S. Hamermesh and published by . This book was released on 2005 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: I ask generally whether a country can benefit from the temporary importation of human capital, and specifically whether a program that attracts large groups of academic visitors to a distant country benefits it by generating additional scholarly research on local issues. Using the list of visitors to the ANU Research School's Economics Program, I estimate this impact from responses to a survey in which visitors described their research before and after their visit and designated as a"control person" another economist who had a similar career but had not visited. The matching of the control may be viewed as being along both observable and (to the researcher) unobservable characteristics of the "treated" and control individuals. The results show a highly significant ceteris paribus impact of such visits on the visitor's subsequent research. Valuing this extra research based on the scholarly citations it received and the effects of citations on salaries shows a substantial monetary impact of visiting economists. Less tangible additional impacts in terms of research style also clearly result.

Relative Price Volatility Under Sudden Stops

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ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Relative Price Volatility Under Sudden Stops by : Guillermo A. Calvo

Download or read book Relative Price Volatility Under Sudden Stops written by Guillermo A. Calvo and published by . This book was released on 2005 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Sudden Stops are associated with increased volatility in relative prices. We introduce a model based on information acquisition to rationalize this increased volatility. An empirical analysis of the conditional variance of the wholesale price to consumer price ratio using panel ARCH techniques confirms the relevance of Sudden Stops and potential balance-sheet effects as key determinants of relative-price volatility, where balance-sheet effects are captured by the interaction of a proxy for potential changes in the real exchange rate (linked to the degree of external leverage of the absorption of tradable goods) and a measure of domestic liability dollarization"--NBER website

Law, Endowments, and Property Rights

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ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Law, Endowments, and Property Rights by : Ross Levine

Download or read book Law, Endowments, and Property Rights written by Ross Levine and published by . This book was released on 2005 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indigenous population, and the disease environment influenced long-run property rights.

A Solution to Two Paradoxes of International Capital Flows

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ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis A Solution to Two Paradoxes of International Capital Flows by : Jiandong Ju

Download or read book A Solution to Two Paradoxes of International Capital Flows written by Jiandong Ju and published by . This book was released on 2006 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: International capital flows from rich to poor countries can be regarded as either too low (the Lucas paradox in a one-sector model) or too high (when compared with the logic of factor price equalization in a two-sector model). To resolve the paradoxes, we introduce a non-neoclassical model which features financial contracts and firm heterogeneity. In our model, free patterns of gross capital flow emerge as a function of the quality of the financial system and the level of protection for property rights(i.e., the risk of expropriation. A poor country with an inefficient financial system but a low expropriation risk may simultaneously experience an outflow of financial capital but an inflow of foreign direct investment (FDI), resulting in a small net flow.

Is There a Diversification Discount in Financial Conglomerates?

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ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Is There a Diversification Discount in Financial Conglomerates? by : Luc Laeven

Download or read book Is There a Diversification Discount in Financial Conglomerates? written by Luc Laeven and published by . This book was released on 2005 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not sufficiently large to produce a diversification premium.

Kant's Thinker

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Publisher : Oxford University Press
ISBN 13 : 0190208627
Total Pages : 328 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis Kant's Thinker by : Patricia Kitcher

Download or read book Kant's Thinker written by Patricia Kitcher and published by Oxford University Press. This book was released on 2011-01-07 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kant's discussion of the relations between cognition and self-consciousness lie at the heart of the Critique of Pure Reason, in the celebrated transcendental deduction. Although this section of Kant's masterpiece is widely believed to contain important insights into cognition and self-consciousness, it has long been viewed as unusually obscure. Many philosophers have tried to avoid the transcendental psychology that Kant employed. By contrast, Patricia Kitcher follows Kant's careful delineation of the necessary conditions for knowledge and his intricate argument that knowledge requires self-consciousness. She argues that far from being an exercise in armchair psychology, the thesis that thinkers must be aware of the connections among their mental states offers an astute analysis of the requirements of rational thought. The book opens by situating Kant's theories in the then contemporary debates about "apperception," personal identity and the relations between object cognition and self-consciousness. After laying out Kant's argument that the distinctive kind of knowledge that humans have requires a unified self- consciousness, Kitcher considers the implications of his theory for current problems in the philosophy of mind. If Kant is right that rational cognition requires acts of thought that are at least implicitly conscious, then theories of consciousness face a second "hard problem" beyond the familiar difficulties with the qualities of sensations. How is conscious reasoning to be understood? Kitcher shows that current accounts of the self-ascription of belief have great trouble in explaining the case where subjects know their reasons for the belief. She presents a "new" Kantian approach to handling this problem. In this way, the book reveals Kant as a thinker of great relevance to contemporary philosophy, one whose allegedly obscure achievements provide solutions to problems that are still with us.

Implementation Science to Address Health Disparities and Improve the Equitable Implementation of Proven Interventions

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Publisher : Frontiers Media SA
ISBN 13 : 283254357X
Total Pages : 144 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Implementation Science to Address Health Disparities and Improve the Equitable Implementation of Proven Interventions by : Mechelle Sanders

Download or read book Implementation Science to Address Health Disparities and Improve the Equitable Implementation of Proven Interventions written by Mechelle Sanders and published by Frontiers Media SA. This book was released on 2024-02-08 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: As health research moves through the translation pipeline, some minoritized groups have been left behind. This gap in translation has worsened, and or become more apparent for many during the COVID-19 pandemic. Implementation science can help address this gap by guiding the equitable dissemination and implementation of health interventions, healthcare policies and practices. With significant research focus on implementation of proven health interventions, there is a tremendous opportunity to ensure all individuals have access to, and benefit from, lifesaving healthcare and health interventions.

Social Science Research

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Publisher : CreateSpace
ISBN 13 : 9781475146127
Total Pages : 156 pages
Book Rating : 4.1/5 (461 download)

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Book Synopsis Social Science Research by : Anol Bhattacherjee

Download or read book Social Science Research written by Anol Bhattacherjee and published by CreateSpace. This book was released on 2012-04-01 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to introduce doctoral and graduate students to the process of conducting scientific research in the social sciences, business, education, public health, and related disciplines. It is a one-stop, comprehensive, and compact source for foundational concepts in behavioral research, and can serve as a stand-alone text or as a supplement to research readings in any doctoral seminar or research methods class. This book is currently used as a research text at universities on six continents and will shortly be available in nine different languages.

The Oxford Handbook of Positive Organizational Scholarship

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Publisher : Oxford University Press
ISBN 13 : 0199989958
Total Pages : 1105 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis The Oxford Handbook of Positive Organizational Scholarship by : Kim S. Cameron

Download or read book The Oxford Handbook of Positive Organizational Scholarship written by Kim S. Cameron and published by Oxford University Press. This book was released on 2013-05-02 with total page 1105 pages. Available in PDF, EPUB and Kindle. Book excerpt: An ideal resource for organizational scholars, students, practitioners, and human resource managers, this handbook covers the full spectrum of organizational theories and outcomes that define, explain, and predict the occurrence, causes, and consequences of positivity.

Clinical Contact Lens Practice

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Publisher : Lippincott Williams & Wilkins
ISBN 13 : 9780781737050
Total Pages : 1102 pages
Book Rating : 4.7/5 (37 download)

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Book Synopsis Clinical Contact Lens Practice by : Edward S. Bennett

Download or read book Clinical Contact Lens Practice written by Edward S. Bennett and published by Lippincott Williams & Wilkins. This book was released on 2005 with total page 1102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive text and reference addresses the full scope of contemporary contact lens science and practice. With two expert editors and 100 first-rate contributors, the book presents practitioners and students in optometry and ophthalmology with key facts on corneal anatomy, recent research, contact lens design, patient evaluation, clinical applications, patient education, and complications of contact lens wear. More than 600 illustrations complement the text. Clinical Contact Lens Practice will be the standard text for required contact lens courses and will be an invaluable everyday reference for practitioners.

Plurilingual Education Policy in Early Childhood Education and Care

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Publisher : Springer Nature
ISBN 13 : 3031682211
Total Pages : 323 pages
Book Rating : 4.0/5 (316 download)

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Book Synopsis Plurilingual Education Policy in Early Childhood Education and Care by : Kevin Simoes Loureiro

Download or read book Plurilingual Education Policy in Early Childhood Education and Care written by Kevin Simoes Loureiro and published by Springer Nature. This book was released on with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: