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Jason Furman 《Business Economics》2017,52(3):158-167
The answer to the question “What will future potential growth be?” is as important as it is unknowable. This paper attempts to predict future U.S. potential output growth by combining what is unknown (future productivity growth, the performance of the labor market) with what is known (the evolution of the age structure of the population). It does so in two ways. First, this paper uses the historical experience of potential labor productivity growth, labor force participation, and weekly hours to simulate a range of outcomes for future potential growth—finding a 90% confidence interval that ranges from 0.7% annual growth to 3.0% annual growth, centered by construction around the Congressional Budget Office projection of 1.8% annual growth. Second, the paper examines a range of specific economic policies that the Trump Administration might pursue in terms of their impact on economic growth both in the short run and over the next decade—finding that an outer bound of these policies could be plus or minus 0.5 percentage point on the annual growth rate, but that these policies would most likely subtract a small amount from growth. 相似文献
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Frida Kerner Furman 《Journal of Business Ethics》1990,9(1):31-38
An examination of leading textbooks suggests the predominance of a principle-based model in the teaching of business ethics. The model assumes that by teaching students the rudiments of ethical reasoning and ethical theory, we can hope to create rational, independent, autonomous managers who will apply such theory to the many quandary situations of the corporate world. This paper challenges these assumptions by asking the following questions: 1. Is the acquisition of principle-based ethical theory unproblematic? 2. What is the transferability of classroom learning to the business context? 3. Is it appropriate to consider complementary models in the teaching of business ethics? The last question is approached from the perspective of virtues-based ethics, from the insights of feminist ethics, and from a culturally grounded orientation to moral values and norms. 相似文献
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Janet Furman Speyrer 《The Journal of Real Estate Finance and Economics》1989,2(2):117-130
This paper analyzes the effects of zoning and restrictive covenants on single-family housing prices in and around Houston, Texas. The calculation of a hedonic price index reveals that higher prices are paid for homes in neighborhoods with either type of land-use control than for comparable houses in neighborhoods without these controls. The premiums paid for these restrictions are not statistically distinguishable, but institutional constraints on these controls may explain why both forms continue to exist and to command market premiums. 相似文献
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Abstract We explore the role of weighted distributions in pricing insurance risks. In particular, we relate the distributions to actuarial and economic premium calculation principles and in this way provide a unifying methodology for constructing new principles and analyzing known ones. 相似文献
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Douglas Jackson-Smith David Trechter Nate Splett 《Review of Agricultural Economics》2004,26(1):132-147
Cooperative Extension and other institutions (e.g., technical colleges, on-line self study programs, university short courses, etc.) frequently stress the importance of financial management education for successful farming operations. The research reported in this paper attempts to quantify the contributions of such training to the financial performance of dairy farms in Wisconsin. Our results suggest a link between a deeper understanding of financial concepts and greater financial returns but that it is a relatively weak one. Moreover, simple exposure to farm management training programs and self-confidence in farm financial decision-making ability are not significantly related to farm financial outcomes. 相似文献
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To understand the possible trajectory of inflation in 2022 and beyond, it is helpful to understand why the United States and Europe had so much inflation in 2021.
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Nate Furman Wynn Shooter Scott Schumann 《Leisure Sciences: An Interdisciplinary Journal》2013,35(5):453-469
Backcountry winter recreation accidents and deaths due to avalanches have grown considerably in recent decades. To better understand how individuals make decisions in avalanche terrain, this study examined the decision-making factors identified by McCammon (2004) that are said to be complicit in avalanche accidents. This study also explored risk-taking propensity and avalanche forecast variables in decision making. Results indicate that five decision-making factors, risk-taking propensity, and avalanche forecast variables influence the decision to ski a slope. Implications for how individuals make decisions in risky leisure pursuits are discussed and implications for outdoor recreation, and avalanche education are considered. 相似文献
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Globalization and population drivers of rural-urban land-use change in Chihuahua,Mexico 总被引:1,自引:0,他引:1
A thorough examination of the causes of land-use change is necessary to effectively deal with the magnitude of changes across the globe. Chihuahua, Mexico is experiencing rapid land-use changes due to processes of globalization. The emergence of Mexico's maquiladora program is an indicator of economic globalization that has had far-reaching social and environmental consequences. This article examines population and income patterns from 1970 to 2000 as part of a hierarchical system and tests whether or not processes of globalization can be detected in the patterns. Findings indicate that population and income concentrate primarily in Juarez, while simultaneously deconcentrating in most other municipios of the State. Moreover, these patterns correlate with patterns of maquiladora concentration. Additional findings identify proximity to the US and established urban centers as drivers of population concentration. These findings support the notion that patterns and processes of globalization are important drivers of population and income concentration at the local level in Chihuahua, Mexico. Finally, the findings support the conceptualization of population land-use and income concentration as part of a hierarchical system. 相似文献