Commodity price dynamics and the nonlinear market impact of technical traders: empirical evidence for the US corn market

2005 ◽  
Vol 349 (3-4) ◽  
pp. 641-648 ◽  
Author(s):  
Frank Westerhoff ◽  
Stefan Reitz
Keyword(s):  
Empirical Evidence ◽  
Commodity Price ◽  
Price Dynamics ◽  
Market Impact ◽  
The Us

scholarly journals Does Eco-labeling of Services Matter? Evidence from Higher Education

2016 ◽  
Vol 16 (4) ◽  
Author(s):  
Daniel C. Hickman ◽  
Andrew G. Meyer
Keyword(s):  
Higher Education ◽  
Time Series ◽  
Empirical Evidence ◽  
University Presidents ◽  
Interrupted Time Series ◽  
Department Of Education ◽  
Considerable Heterogeneity ◽  
College And University ◽  
The Us ◽  
The Impact

Abstract: Eco-labeling of services has become increasingly common, yet little empirical evidence exists concerning its effectiveness. We address this gap in the literature by analyzing a highly visible eco-label, the American College and University Presidents’ Climate Commitment (ACUPCC), in the sector of higher education. We match information about the ACUPCC to the US Department of Education IPEDS database to examine the impact of signing on student applications, admissions, and enrollment. We mainly utilize a difference-in-difference approach to identify the effects of interest but confirm results with an interrupted time series model. We find that signing the ACUPCC increases applications and admitted students by 2.5–3.5 %. However, the evidence regarding enrollment is weaker with only some specifications finding increases of around 1–2 %. Overall, there is considerable heterogeneity across sectors and selectivity of the institutions. These results show that, at the minimum, voluntary and information-based approaches (VIBAs) for services can be effective in generating visibility and influencing less-costly consumer behavior.

Determining the Legitimacy of Laws That Use Racial/Ethnic Classifications

2017 ◽  
Author(s):  
Roger J.R. Levesque
Keyword(s):  
Empirical Evidence ◽  
Legal System ◽  
Differential Treatment ◽  
Equal Treatment ◽  
Equal Protection ◽  
Equal Opportunities ◽  
The Us ◽  
Us Constitution ◽  
The Government ◽  
Racial Ethnic

Under the US Constitution, the government must ensure that individuals receive the equal protection of laws. This mandate, however, becomes challenging in that equal protection may be different depending on the involved individuals and circumstances. This chapter examines the general parameters of how the legal system addresses claims alleging violations of rights, such as those involving differential treatment based on race. The analysis demonstrates when discrimination exists in law and, equally important, discusses what is needed to envision ways to reach societal interests relating to equal opportunities and equal treatment. The chapter concludes by noting how these legal developments influence the potential relevance and utility of empirical evidence.

ON PRICE DYNAMICS WITH SEARCH AND BARGAINING IN THE PRODUCT MARKET

2020 ◽  
pp. 1-34
Author(s):  
Mirko Abbritti ◽  
Tommaso Trani
Keyword(s):  
Equilibrium Analysis ◽  
Intermediate Goods ◽  
Price Dynamics ◽  
Producer Price ◽  
Second Moments ◽  
Sensitivity Tests ◽  
The Us ◽  
B2b Relationships ◽  
Pass Through

We introduce business-to-business (B2B) relationships into an otherwise standard model to revisit two aspects of price dynamics in a unified analysis. On one side, the pass-through of cost shocks to prices is empirically incomplete. On the other side, the literature contains conjectures that long-term relationships may reduce the allocative role of price changes. After a partial equilibrium analysis of these aspects, we consider the general equilibrium effects. The formation of B2B relationships implies that the trade of intermediate goods depends on search, bargaining, and the adjustment along the intensive margin as opposed to the extensive margin. We find that, when this adjustment is costly, retailers have a relatively high bargaining power, and mismatch shocks are possible, the model can account for the second moments of the US producer price index and other variables. In this case, although its allocative role is low, the intermediate goods price affects the allocation of goods through the search externalities and is sufficiently volatile. The analysis includes several sensitivity tests and comparisons.

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