We investigate the role of potential weekly brand-specific characteristics that influence consumer choices, but are unobserved or unmeasurable by the researcher. We use an empirical approach, based on ...

Just as bacteria are able to adapt and evolve to become resistant to antibiotics, firms and households can anticipate and adapt to the target-based movements of the Federal Reserve. A paradox results ...

This is a preview. Log in through your library . Abstract Subjective measures used in models of political choice are typically open to criticism with respect to their endogeneity. Economic perceptions ...

This is the fourth in a series of lecture notes which, if tied together into a textbook, might be entitled “Practical Regression.” The purpose of the notes is to supplement the theoretical content of ...

This paper presents new results on the relationship between income inequality and education expansion—that is, increasing average years of schooling and reducing inequality of schooling. When dynamic ...