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作者：Charles, KK; Hurst, E
作者单位：University of Michigan System; University of Michigan; University of Chicago
摘要：This paper analyzes differences in the likelihood that black and white families become homeowners. By following a sample of black and white renters over time, we are able to separately study racial differences in the likelihood of applying for a mortgage and in the likelihood that a mortgage application is accepted. Although its effect on the race gap in housing transitions is small, we find strong evidence that black applicants are almost twice as likely as comparable white households to be r...
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作者：Mitra, D; Thomakos, DD; Ulubasoglu, MA
作者单位：Syracuse University; National Bureau of Economic Research; State University System of Florida; Florida International University; Deakin University
摘要：For a genuine small open economy that has experienced both dictatorship and democracy, we find support for the predictions of the Grossman-Helpman (1994) Protection for Sale model. In contrast to previous studies, we use various protection measures (including tariffs, the direct measure of the theoretical model) and perform both single-year and panel regressions. Using Turkish industry-level data, the government's weight on welfare is estimated to be much larger than that on contributions. Mor...
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作者：Dumais, G; Ellison, G; Glaeser, EL
作者单位：Harvard University; Massachusetts Institute of Technology (MIT); National Bureau of Economic Research
摘要：This paper uses data from the Census Bureau's Longitudinal Research Database to describe the dynamics of geographic concentration in U.S. manufacturing industries. Agglomeration results from a combination of the mean reversion and randomness in the growth of state-industry employment. Although industries' agglomeration levels have declined only slightly over the last quarter century, we find a great deal of movement for many geographically concentrated industries. We decompose aggregate concen...
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作者：Taylor, AM
作者单位：University of California System; University of California Davis; National Bureau of Economic Research
摘要：This paper investigates purchasing-power parity (PPP) since the late nineteenth century. I collected data for a group of twenty countries over 100 years, a larger historical panel of annual data than has ever been studied. The evidence for long-run PPP is favorable using recent multivariate and univariate tests of higher power. Residual variance analysis shows that episodes of floating exchange rates have generally been associated with larger deviations from PPP, as expected; this result is no...
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作者：Thurston, NK; Libby, AM
作者单位：Brigham Young University; University of Colorado System; University of Colorado Anschutz Medical Campus; University of Colorado Boulder
摘要：We revisit Reinhardt's (1972) commonly used production function for physician services. This production function, although appropriate in some settings, is not adequate for more detailed studies. The generalized linear production function (Diewart, 1971) is an attractive alternative for this application: it admits zero values for inputs and allows the estimation of complex technical relationships. We find that, from 1965-1988. the technical relationships that describe the production process fo...
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作者：Garofalo, GA; Yamarik, S
作者单位：University System of Ohio; University of Akron
摘要：This paper seeks to reconcile the growth empirics technique of Mankiw. Romer, and Weil (1992) with the empirical results of Barro and Sala-i-Martin (1991) through the development of a new database covering the 1977-96 period. We create state-by-state capital stock and gross investment estimates by apportioning the national capital stock among the states. Using these estimates along with gross state product and employment data, we find evidence that the Solow growth model explains state-wide gr...
