Results 81 to 90 of about 31,935 (228)

Inflation Propagation in Production

Australian Economic Review, EarlyView.
ABSTRACT Background Inflationary pressures in an increasingly interconnected production system reflect not only aggregate or isolated sectoral shocks but also their propagation through supply‐chain networks. Methods This paper examines the mechanisms underlying inflation transmission in a small open economy, using industry‐level data for Australian ...
Thuy Hang Duong
wiley   +1 more source

The Evolution of Aggregate Stock Ownership - A Unified Explanation [PDF]

Since World War II, direct stock ownership by households has largely been replaced by indirect stock ownership by financial institutions. We argue that tax policy is the driving force.
Rydqvist, Kristian, Spizman, Joshua, Strebulaev, Ilya   +2 more
core  

Tax Reform and Automatic Stabilization [PDF]

A fundamental property of a progressive income tax is that it provides implicit collective insurance against idiosyncratic shocks to income by dampening the variability of disposable income and consumption.
James P. Ziliak, Thomas J. Kniesner
core  

Does Decreasing the Generosity of Payments to Single Parents Have Employment and Earnings Effects? Evidence from Australian Administrative Data*

Economic Record, EarlyView.
We examine the impact of two changes to Australia's Parenting Payment Single (PPS) program, a welfare payment for low‐income single mothers. One change lowered the age of the youngest child cut off for program eligibility, forcing new welfare entrants onto the less generous Newstart (unemployment) payment.
Kristen Sobeck, Robert Breunig
wiley   +1 more source

Partisan Cities: How State‐Local Political Alignment Shapes Credit Risk and Information Processing in the Municipal Bond Market

Journal of Accounting Research, EarlyView.
ABSTRACT This paper studies how partisan alignment between city leaders and state governors shapes information processing and bond pricing in the municipal bond market. Using a novel data set on 1,045 U.S. cities from 2005 to 2019, we show that cities with the same political affiliation as the state governor face 9 basis points lower borrowing costs ...
RAMONA DAGOSTINO, ANYA NAKHMURINA
wiley   +1 more source

The impact of head orientation with respect to B₀ on diffusion tensor MRI measures. [PDF]

Imaging Neurosci (Camb), 2023
Kleban E, Jones DK, Tax CMW.
europepmc   +1 more source

The Life Cycle Model of Consumption and Saving [PDF]

The life-cycle model is the standard framework which economists use to think about the intertemporal allocation of time, money and effort. The model suggests that households should `smooth' expenditures.
Martin Browning, Thomas F. Crossley
core  

The Impact of Financial Reporting Mandates on Labor Unions

Journal of Accounting Research, EarlyView.
ABSTRACT Labor unions in the United States are subject to financial reporting mandates. This study examines how these mandates affect unions and their members. Using several regulation‐based empirical designs, we document that more granular reporting requirements adversely affect unions' election outcomes.
QINGKAI DONG, ANTHONY LE
wiley   +1 more source

Channels of risk-sharing among Canadian provinces: 1961–2006 [PDF]

This paper incorporates recent developments in the literature to quantify the amount of interprovincial risk-sharing in Canada. We find that both capital market and the federal tax-transfer system play an almost equally important role (about 26 percent ...
Balli, Faruk, Basher, Syed A., Louis, Rosmy   +2 more
core   +1 more source

Caution Ahead: Numerical Reasoning and Look‐Ahead Bias in AI Models

Journal of Accounting Research, EarlyView.
ABSTRACT Recent work within accounting and finance has highlighted that modern AI systems exhibit superhuman performance on a variety of foundational activities within these fields. However, the literature often does not provide economic rationale for why AI models seem to outperform, largely because these models are a black box.
BRADFORD LEVY
wiley   +1 more source