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This project investigates how changes in Metropolitan Statistical Area (MSA)-level housing prices affect household fertility decisions. Recognizing that housing is a major cost associated with child r...
Declining Discount Rates     price  Declining Discount Rates       2015/9/18
We conclude with advice on how the United States might proceed to consider modifying its current discounting practices.
Ináation expectations have recently received increased interest because of the uncertainty created by the Federal Reserveís unprecedented reaction to the Great Recession.The effect of this reaction on...
This raises an interesting question. Should lives saved in the future be discounted for the purpose of calculating CPLS, or should they be counted the same as those saved tomorrow? To shed light o...
An Econometric Evaluation of International Monetary Policy Rules: Fixed Versus Flexible Exchange Rates.
Information contained in the term structure for business cycle measurement spread between short & long Treasuries, corporate bond spreads.
Kocherlakota and Pistaferri (2007) describe two different models (Private Information Pareto Optimal and Incomplete Markets) of how households partially insure themselves against idiosyncratic shock...
Because of the obtrusive manner in which they are normally paid, property taxes are likely the most salient taxes in the U.S. However, they are much less salient to homeowners with tax escrow. Exploit...
Estimating the liquidity differential between inflation-indexed and nominal bond yields, we separately test for time-varying real rate risk premia, inflation risk premia, and liquidity premia in U.S. ...
Discount Rates Research     Discount Rates       2015/3/9
Discount Rates Research.
Agricultural output in developing countries still represents a substantial part of the GDP. This ratio has actually increased in some areas such as the Latin America. As such, there is an increasing i...
Purchasing power parity (PPP) exchange rates are extensively used in international and development economics. Originally developed by the International Price Comparison Project for the Penn World Tabl...
Globally, men and women face markedly different risks of obesity. In all but of handful of (primarily Western European) countries, obesity is much more prevalent among women than men. We examine sev...

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