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排序方式: 共有58条查询结果,搜索用时 15 毫秒
1.
WALTER S. McMANUS 《Contemporary economic policy》1985,3(3):77-89
The pending Immigration Reform and Control Act (Simpson-Mazzoli) would require current illegal aliens to demonstrate minimal proficiency in English or to enroll in an English language class to attain permanent-resident status. This paper examines the importance of English language skills in the assimilation of immigrants. Data on 1975 earnings for men from 11 language /ethnic groups are used. English skills are found to play an important role in determining the earnings of immigrant and minority-language men in the U.S. Costs of deficiencies in English are substantial for most immigrants—more than $1,000 per year for eight of the 11 groups. 相似文献
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PINGSUN LEUNG WALTER MIKLIUS KULAVIT WANITPRAPHA LYNNE A. QUINN 《The Journal of consumer affairs》1997,31(2):204-217
The implications on a minimum-cost diet of introducing meal preparation time are explored using a multiple criteria framework. Using a bicriterion method, the tradeoff between the money cost of home-cooked meals and the meal preparation time is empirically estimated with a set of 895 recipes popular in Hawaii. There is a clear tradeoff between cost and time in preparing home-cooked meals, and it is found that the minimum-cost diet is very sensitive to the meal pre-parer's value of time. 相似文献
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This article investigates the behavior of the term structure of interest rates over the business cycle. In contrast to prior studies that measure the business cycle by the simple growth in aggregate economic activity, we consider the deviation of aggregate economic activity from its potentially stochastic trend. We show that incorporating both an independent trend and cyclical component in consumption improves the efficiency in estimating consumption-based asset pricing models. We also find that the term spread is more informative about future changes in stochastically detrended real gross domestic product (GDP) than future growth rates in real GDP. 相似文献
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KLENIO BARBOSA HUMBERTO MOREIRA WALTER NOVAES 《Journal of Money, Credit and Banking》2017,49(1):75-113
All things equal, interest rates should increase with the borrower's risk. And yet, Klapper, Laeven, and Rajan (2012) cannot find such a positive relation in a broad sample of trade credit contracts. We shed some light on this puzzle by arguing that competition between informed and uninformed suppliers weakens the link between the trade credit cost and the borrower's creditworthiness. Our model implies that trade credit rates are more likely to increase with the borrower's risk if suppliers are less profitable, have high cost of funds, or sell inputs to firms plagued by moral hazard and financial distress. 相似文献
7.
BRUCE FELMINGHAM NATALIE JACKSON MAGGIE WALTER YONG HONG YAN 《Economic Papers: A journal of applied economics and policy》2008,27(3):250-264
We develop a simulation model explaining the accrual of retirement wealth gained from working one year beyond retirement and from this calculate an implicit tax rate on the additional year's work. We find that the pre‐July 2007 Australian tax on retirement benefits was biased in favour of ages 59 and less, while the implicit rate was positive on retirement past 59. We also use the results of a national survey of 2,500 households (ASRAM SURVEY) to determine the likely response to the tax changes implemented in July 2007 and find that half those sampled are either very likely or likely to change their expected retirement dates in response to the tax changes. 相似文献
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We investigate the possibility that the Taylor rule should be formulated as a threshold process such that the Federal Reserve acts more aggressively in some circumstances than in others. It seems reasonable that the Federal Reserve would act more aggressively when inflation is high than when it is low. Similarly, it might be expected that the Federal Reserve responds more to a negative than a positive output gap. Although these specifications receive some empirical support, we find that a modified threshold model that is consistent with “opportunistic” monetary policy makes significant progress toward explaining Federal Reserve behavior. 相似文献
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WALTER J. NICHOLLS 《International journal of urban and regional research》2011,35(1):189-206