Mental Accounting and Consumer Choice: Evidence from Commodity Price Shocks pot

... correlation between gasoline prices and other energy prices, using several alternative estimates of household gasoline 19 Mental Accounting and Consumer Choice: Evidence from Commodity Price Shocks Justine ... of consumer demand. Econometrica 52 (3): 541-561. Heath, Chip and Jack B. Soll. 1996. Mental budgeting and consumer decisions. The Journal of Consumer...

Ngày tải lên: 06/03/2014, 21:20

... Alternatively, the differences in results between Currie and Moretti (1999) on the one hand and our study and McCrary and Royer (2006) on the other hand can be explained by the fact that the type of ... for fathers and mothers. The results from IV estimation for mothers and fathers are presented in Table 6 and 7 respectively. Most effects for parental education are very sm...

Ngày tải lên: 28/03/2014, 09:20

... economic and environmental state; (2) perceptions and barriers to their improvement of their environmental performance; and (3) their responses to the current environmental standards and policies and ... (1) Environmental Quality Standards (or Ambient Environment Standard), (2) Effluent Standards; and (3) Supporting Standards (testing, sampling standards etc). Most of supporti...

Ngày tải lên: 24/08/2013, 18:48

... models in columns 3 and 4 (7 and 8) are not nested, so the test is not available. Table 11. Response of Real GDP Growth and Real Capital Formation Growth to Banking and Collateral Shocks, 1990-1997 a Dependent ... greater integration resulting from foreign bank entry has been associated with more or less business cycle volatility. We approach the topic with mix of theory and ev...

Ngày tải lên: 16/02/2014, 10:20

... instrumental variables, following Arrellano and Bover (1995) and Blundell and Bond (1998). 4 This technique is often used to control for endogeneity problems in panel data with small T and large ... liquidity and loan growth differed across the QEP and the non-QEP periods. For the QEP period, the results 5 This estimator was proposed by Arellano and Bover (1995) and...

Ngày tải lên: 16/02/2014, 11:20

... interest rates, and a fall in bond prices; yet evidence for this view is elusive. Cook and Hahn (1989) documented a strong response in the 1970s, but regressions using data from the 1980s and 1990s ... Surprises and Interest Rates: Evidence from the Fed Funds Futures Market Abstract This paper estimates the impact of monetary policy actions on bill, note, and bond yields, us...

Ngày tải lên: 06/03/2014, 02:21

... 8.19% for plant and machinery, and 2.5% for land and buildings. These are taken from King and Fullerton (1984). For each observation, we then calculate the proportion of land and building investment, ... 10 accounting for industry-specific shifts in inventory investment demand (see Carpenter and Petersen, 2002; and Carpenter and Guariglia, 2003, for a discussion of th...

Ngày tải lên: 06/03/2014, 08:20

... Theory and Experimental Evidence from Kenya.” American Economic Review 101 (6): 2350-2390. [24] Dupas, Pascaline, and Jonathan Robinson (2012).“Why don’t the Poor Save More? Evidence from Health ... differences between treatment and control men (education, ROSCA contributions, extreme impatience in both present and future, and an indicator for Wave 3), and we know from Ta...

Ngày tải lên: 06/03/2014, 10:20

... distressed and foreclosed properties, tight credit conditions for builders and potential homebuyers, and ongoing concerns by both potential borrowers and lenders about continued house price declines–the ... the price of credit should matter, some authors (Owens and Schreft, 1995) define a “credit crunch” as nonprice rationing of credit, and thus observable mostly from the qua...

Ngày tải lên: 06/03/2014, 19:20

... (1993), Basu (1994), Caldwell (1994), Desai and Alva (1998), Mellington and Cameron (1999), Gangadharan and Maitra (2000) and Buor (2003) for empirical evidence from several different developing countries. doi: ... low mortality and low growth rates. 3. For example, the 1982, 1990 and 2000 population census, and the 1997 and 2001 population and reproductive health survey...

Ngày tải lên: 14/03/2014, 11:20