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1.
Jayson L. Lusk W. Bruce Traill Lisa O. House Carlotta Valli Sara R. Jaeger Melissa Moore Bert Morrow 《Journal of Agricultural Economics》2006,57(1):1-21
The United States (US) exports more than US$6 billion in agricultural commodities to the European Union(EU) each year, but one issue carries the potential to diminish this trade: use of biotechnology in food production. The EU has adopted more stringent policies towards biotechnology than the US. Understanding differences in European and American policies towards genetically modified (GM) foods requires a greater understanding of consumers’ attitudes and preferences. This paper reports results from the first large‐scale, cross‐Atlantic study to analyse consumer demand for genetically modified food in a non‐hypothetical market environment. We strongly reject the frequent if convenient assumption in trade theory that consumer preferences are identical across countries: the median level of compensation demanded by English and French consumers to consume a GM food is found to be more than twice that in any of the US locations. Results have important implications for trade theory, which typically focuses on differences in specialization, comparative advantage and factor endowments across countries, and for on‐going trade disputes at the World Trade Organization. 相似文献
2.
Information and communications technologies have become an integral part of life in an information society, affecting employment, education and many other daily activities. For individuals with disabilities, equal access to telecommunications remains a concern, as many technologies that are developed do not allow for equal access. Law and policy have made significant progress in some nations, but sizeable barriers remain to the social inclusion of individuals with disabilities in telecommunications technologies and services. This paper examines the importance of equal access to telecommunications for individuals with disabilities in both the formulation and the implementation of policy. Analyzing issues of policy and implementation, this paper discusses policy questions and potential areas of research to better understand the relationship of telecommunications policy to access for persons with disabilities. 相似文献
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Albert Jaeger 《Empirical Economics》1994,19(3):493-500
The Hodrick-Prescott filter is widely used to extract cyclical movements about trend in macroeconomic time series. The filter is based on the assumption that nonstationary movements in time series are captured by smooth and slowly changing trends. This note shows that applying the Hodrick-Prescott filter to time series with stochastic trends may extract cyclical movements which are entirely spurious. 相似文献
5.
This paper examines the geographic determinants of firm bankruptcy. We employ hazard rate models to study the bankruptcy risk
of a firm, allowing for time-varying covariates. Based on a large sample from all geographic areas and the major sectors of
the Swiss economy, we find the following main results: (1) Bankruptcy rates tend to be lower in the central municipalities
of agglomerations; (2) bankruptcy rates are lower in regions with favorable business conditions (where corporate taxes and
unemployment are low and public investment is high); (3) private taxes and public spending at the local level have little
impact on bankruptcy rates. 相似文献
6.
Wolf Sarah Teitge Jonas Mielke Jahel Schütze Franziska Jaeger Carlo 《Intereconomics》2021,56(2):99-107
Intereconomics - The European Green Deal aims at climate neutrality for Europe by 2050, implying a significant acceleration of emission reductions. To gain the necessary support, it needs to reduce... 相似文献
7.
The stylized facts of macroeconomic time series can be presented by fitting structural time series models. Within this framework, we analyse the consequences of the widely used detrending technique popularised by Hodrick and Prescott (1980). It is shown that mechanical detrending based on the Hodrick–Prescott filter can lead investigators to report spurious cyclical behaviour, and this point is illustrated with empirical examples. Structural time-series models also allow investigators to deal explicitly with seasonal and irregular movements that may distort estimated cyclical components. Finally, the structural framework provides a basis for exposing the limitations of ARIMA methodology and models based on a deterministic trend with a single break. 相似文献
8.
Albert Jaeger 《Empirica》1990,17(2):155-169
Zusammenfassung Strukturelle Budgetsalden bilden ein wichtiges Diagnoseinstrument für wirtschaftspolitische Entscheidunge. Die Arbeit beschäftigt sich mit der Bereinigung von Budgetausgaben und-einnahmen um zyklischen Schwankungen in der wirtschaftlichen Aktivität und der Aussagekraft von strukturellen Budgetsalden für fiskalpolitische Fragestellungen.
I thank Johann Brunner, Klaus Neusser, four anonymous referees, and especially Alfrerl for helpful comments on earlier drafts of this paper. All remaining shortcomings are my own. A version of the paper titled Evaluating Budget Consolidation Efforts was presented at the Austrian Economic Association Meeting 1990 in Linz. 相似文献
I thank Johann Brunner, Klaus Neusser, four anonymous referees, and especially Alfrerl for helpful comments on earlier drafts of this paper. All remaining shortcomings are my own. A version of the paper titled Evaluating Budget Consolidation Efforts was presented at the Austrian Economic Association Meeting 1990 in Linz. 相似文献
9.
After a period of virtually uninterrupted growth stretching from 1994 through the first half of 1998, the high yield market suffered a sudden, jarring setback that led to the widest credit spreads seen since 1991. With the global spread of the Asian flu in August, spreads became so wide that the market for new issues virtually ceased. The most frequently used word to describe conditions in the high yield market during this period was "carnage."
Then, in response to the Federal Reserve's series of rate cuts beginning in late September, the market staged a modest recovery that carried through the end of the year. Since then, the market has experienced several periods of alternating strength and weak ness, and new issuance has moderated relative to the record levels of a year ago. This article examines last year's volatile new issue environment and analyzes recent developments that can be expected to influence financing opportunities for corporate issuers in the near future. 相似文献
Then, in response to the Federal Reserve's series of rate cuts beginning in late September, the market staged a modest recovery that carried through the end of the year. Since then, the market has experienced several periods of alternating strength and weak ness, and new issuance has moderated relative to the record levels of a year ago. This article examines last year's volatile new issue environment and analyzes recent developments that can be expected to influence financing opportunities for corporate issuers in the near future. 相似文献
10.
Jaeger DA Loeb S Turner SE Bound J 《Working paper series (National Bureau of Economic Research)》1998,(6772):43 p
"This paper presents suggested matches for the geographical coding (geocoding) of metropolitan areas in the 1970, 1980, and 1990 Censuses. The Census Bureau used different definitions and taxonomies to describe the geography of metropolitan areas in these three Census years. As a result, the geographical areas referred to by the standard Census Bureau definitions differ among the three Census data sets. The geographic matching scheme explained in this paper attempts to maximize consistency over time for metropolitan areas in the U.S." 相似文献