okun s law evidence from mexico

... of cases to lawyers is correlated with observables This essentially random assignment of cases to public lawyers allows us to examine differences in outcomes across lawyers and attribute these differences ... assignment of lawsuits to these lawyers was not based on unobservable characteristics Court personnel assured us that case assignment was based on a short questionnaire that contained only basic ... data set Table presents summary statistics for lawsuits in our sample separately for lawsuits involving private lawyers, lawsuits involving the 49 public lawyers observed in the data at least once,...

Ngày tải lên: 23/04/2016, 05:11

... these results, our preferred specification is the fifth one in Table As can be observed in this model the 2SLS estimates maintain the same sign as the OLS estimates 13 In this specification the instruments ... endogenous placement policies 2SLS Results As discussed above mother s education, father s education and disposable household income could be endogenous Under this scenario the last three columns of ... households had access to them while 37% had access to other health facilities such as Maternity Clinics and Pharmacies As for the descriptive statistics of the instruments used, it can be observed...

Ngày tải lên: 14/03/2014, 11:20

... countries In this regard, results imply that central bank interventions both in Mexico and Turkey have been successful 5.2.3 Clusters, Asymmetries and Persistency As was discussed in section ... (mnemonics MXBSYLD) 17 We also used the spot floating exchange rate and the results are basically equivalent 15 Log-returns present excess kurtosis and significant departures from normality as indicated ... that worsens in episodes of excess demand for Pesos In addition, there could be funding risks associated to the different maturity dates of both assets and liabilities The fix exchange rate is the...

Ngày tải lên: 15/03/2014, 14:20

... willingness of Scottish savers to make deposit with British branches of Australian banks, and in the willingness of British investors ….to place deposits with Argentine banks” (p 9) They also note ... was staked down once it was laid BANK INTEGRATION AND B USINESS VOLATILITY IN U .S STATES The United States once had essentially fifty little banking systems, one per state The U .S banking system ... acquisitions by bank holding companies from other states so long as Maine banks were welcomed into the other states No states reciprocated until 1982, when Alaska, Massachusetts, and New York passed...

Ngày tải lên: 16/02/2014, 10:20

... profit est associộe de bonnes performances simultanộes selon ces deux axes, ce qui semble reflộter une des hypothốses de bases de microộconomie de la transition : lajustement et, si possible, ... diffộrenciations significatives Seules les entreprises dans une situation tr s mauvaise licencient massivement, mais sans parvenir maintenir la productivitộ Les meilleures performances se retrouvent ... database; that is, some clues for further, more focused analysis First, this graph demonstrates that whatever the occasionally missing answers, the arbitrariness of pooling four quarterly surveys,...

Ngày tải lên: 06/03/2014, 08:20

... Includes U .S. -based and non-asset-backed corporate issues Includes only GNMA, FNMA, and FHLMC mortgage-backed securities Rough estimates by Moodys’ Investor Services Sources: Public Securities Association, ... table presents the total number of time-series and crosssectional observations The first time-series observation is lost to estimate the autocorrelation coefficients The Pre and Post subscripts refer ... Islands) is exempt from state taxes in every state In most states, the capital gains tax is applied to gains on municipal bonds whether issued in state or out of state As a result, differences exist...

Ngày tải lên: 15/03/2014, 03:20

... Securities Commissions (IOSCO) agreed on a list of accounting issues that needed to be addressed by any set of standards seeking IOSCO s endorsement for cross-border offerings and listings The ensuing ... analysis Table provides descriptive statistics for forecast dispersion in 1999 and 2000 The sample sizes are smaller because of missing dispersion data Although forecast dispersion 28 I also consider ... designated sponsors The latter finding is not surprising considering that spreads arise from limit orders posted by all traders, and not only the from market-maker quotes (see also the discussion...

Ngày tải lên: 15/03/2014, 16:20

... less profitable retail customer segments such as poor households and SMEs (small and medium-sized enterprises) Banking consolidation may reduce access of SMEs to finance, if large banks are less ... disparities showing both a West-East and a South-North gap regarding access to bank branches, ATMs and loans as well as use of bank accounts and deposits Even if these descriptive statistics ... der Länder, DVD-ROM Statistisches Bundesamt (2008): Genesis-Online – Das statistische Informationssystem, https://wwwgenesis.destatis.de/genesis/online/logon, 20/03/2008 Stein, J (2002): Information...

Ngày tải lên: 22/03/2014, 21:20

... growth, this dissertation attempts to test some hypotheses Since the research question is broken into several parts, the hypotheses follow a four-step scheme If any one of the null hypotheses is rejected, ... public services, and property rights This “consensus” appears closely related to the social capital literature that stresses cohesiveness and trust (Bowles and Gitis, 2002; Henry, 2002; 16 Glaeser ... of growthis likely to be negative This dissertation attempts to establish if this is the case Following Kucera (2002), suppose a ‘‘middle-class consensus’’ leads to greater taxes used to fund...

Ngày tải lên: 03/06/2014, 02:02

... Ditzler A: State syringe and drug possession laws potentially influencing safe syringe disposal by injection drug users J Am Pharm Assoc (Wash) 2002, 42 :S9 4-98 Small D: Two cultures passing in the ... drug use Possession of injection equipment for the purpose of injecting illicit drugs is unlawful in many U .S jurisdictions, severely restricting syringe access [8-10] A recent study of 89 U .S cities ... injection drug users (IDUs) [1,2] Many states and localities have implemented syringe access programs (SAPs) to reduce the sharing of syringes, including over the counter syringe sales and syringe exchange...

Ngày tải lên: 11/08/2014, 18:20

... 3.2.2 Industry Specialists versus Non-industry Specialists Extant literature has documented that auditor industry specialists provide superior audit quality due to two reasons: 1) they possess in-depth ... quality varies across firms, over time, and across industries We use the insights from this framework in the empirical tests on two dimensions First, we examine whether audit quality (as measured by ... company that is in the same 2-digit SIC industry, has total assets as close as possible, and is audited by a BigN auditor I then re-estimate the model using this new sample The results (untabulated)...

Ngày tải lên: 06/01/2015, 19:41

... the risk and composition of assets Hypothesis3A: The market wide risk of firm s assets-in-place reduces firms’ leverage Hypothesis3B: The exposure to collateral assets’ risk raises firm s leverage ... design Section V discusses the empirical results Section VI presents the robustness test This paper closes with some concluding remarks 2.2 Literature Review 2.2.1 Corporate investment and asset-in-place ... these studies have examined how the risk of real estate assets affects corporate real investment The risk of real estate assets also differs from those of other capital goods First, real estate...

Ngày tải lên: 09/09/2015, 11:19

... discussion The Law has been translated into English by several translators An assessment of the English version of this law is thus desirable 2 Significance of the study The results of this study will ... different views on equivalence will be discussed but there shall be no separate discussion of translation assessment; instead, it is implied that assessment of a translation is based on the respective ... for assessment is necessary Among the various criteria and models for translation quality assessment, House s model is chosen in this study because it is deemed to have a comprehensive set of...

Ngày tải lên: 07/11/2012, 14:36

... and Assembly) issues: - Resolutions (Nghị Quyết) The Prime Minister and the Ministries can each issue: - Rulings, Decisions (Quyết Định) - Directives (Chỉ Thị) [The Prime Minister also issues overall ... impacts of the industry, the research addresses the textile sector that is known for its pollution rather than the garment sector whose process is much less polluting Consequently, emphasis is given ... imposed some costs on textile firms, they were too insignificant to compromise their competitiveness, regardless of ownership Nevertheless, the suggestion that Porter hypothesis should be tested...

Ngày tải lên: 24/08/2013, 18:48

... percentages are not shown if the denominator is less than 75 cases or the numerator is less than cases When a percentage or other statistic is not shown for this reason, the table contains a symbol ... of methods, first method use, periods of nonintercourse (last years), method use each month (last years), method use with partners in past 12 months, wantedness and other circumstances surrounding ... status, the second of the two longstanding NSFG measures of fertility impairments As with fecundity status, this measure determines if women who are not surgically sterile should be classified as...

Ngày tải lên: 13/02/2014, 10:20

... facies (Fig 1) The second one developed mostly within the pressure shadow of porphyroblast of the first paragenesis In some other cases, it was crystallized within fractures This paragenesis was ... the pressure shadow of the main minerals of the first paragenesis also indicated a sinistral shears The rotation of garnet in some cases was also compatible with the left lateral shear Consequently, ... bearing sedimentary rocks; 9- Jurassic-Cretaceous detrial sedimentary rocks; 10- Jurassic-Cretaceous volcanic rocks; 11- Neogene coarse grained size sediments; 12- Quaternary sediments; 13- Oligocene-Miocene...

Ngày tải lên: 13/02/2014, 12:20

... processes revealed that outside the southeastern US, the net increases in isoprene emissions were because of large increases from leafarea change, and smaller decreases from species compositional ... factors combined to cause large changes in BVOC emissions (Fig 2), including some very rapid increases in isoprene emissions across the southeastern US The most important process was increasing ... based on its species The species-specific emission rates were taken from a public-access database made available by Hope Stewart and colleagues (http://www es.lancs.ac.uk/cnhgroup/iso-emissions.pdf...

Ngày tải lên: 14/02/2014, 08:20

... bank loans Section describes our data and sample selection Section presents our test hypotheses Section summarizes our empirical results and Section concludes The growth of the loan sales market ... Panel A) is rather low This suggests that alternative factors need to be investigated to verify the robustness of the results These factors are discussed in Section 5.4 18 However, since loans are ... dates To address this issue, we examine next whether we find similar results around events that are more exogenous to bank lenders, such as bond default dates These results are presented in Tables...

Ngày tải lên: 16/02/2014, 02:20

... Closes is right skewed, so we the analysis of columns as elasticities (in logs) and then as a poisson (columns 4-6) Columns and show the elasticity, and poisson rate sensitivity, of cases closed ... models provide fairly consistent results across the various settings, with some industries being very consistently estimated to have high tax evasion Nevertheless, the precision of the results might ... results from Questions 1: "What percentage of expenses goes towards buying intermediate goods or services as inputs" Columns and report the results from Questions 2: "How often the output is used...

Ngày tải lên: 16/02/2014, 03:20

... Banks (N = 13) Low Foreign Exposure (N = 9) mean Assets (M US$) Loans (M US$) Deposits (M US$) Foreign Financing (M US$) Loans/Assets Deposits/Assets Foreign Financing/Assets High Foreign Exposure ... assets, respectively Thus, HSBC is classified as exposed and Santander as not exposed The fraction of loans to exporting firms by exposed and non-exposed commercial banks is 53.9% and 60.5% respectively ... Savings and Loans Institutions are classified as not exposed and lend almost exclusively to individuals and non exporting small firms Table provides the descriptive statistics of the two groups...

Ngày tải lên: 16/02/2014, 03:20