10,352 research outputs found

    The Endowment Effect in a Public Good Experiment

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    Previous tests of the endowment effect have usually observed WTA-WTP disparities. Here, a public good experiment is employed. Both account framing and duration framing treatments are introduced to alter subjects’ perceived control over an initial endowment. Results do not indicate that preferences shift in a way consistent with the endowment effect.endowment effect, public good, willingness to pay

    Postwar Financial Crises and Economic Recoveries in the United States

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    We reconsider the connection between financial crises and economic recoveries in the postwar United States. We proceed in two steps. First, we provide a chronology of financial crises in the United States. We make the case that the postwar period prior to 2007 should be characterized as featuring three periods of financial crisis: 1973−1975, 1982−1984, and 1988−1991. This implies a substantially different postwar chronology of financial crises from that advanced by Reinhart and Rogoff (2009a, 2009b). The second step in our analysis is to reexamine economic recoveries in the wake of financial crises with this revised chronology. We find that the regularity that recoveries are systematically slower in the aftermath of financial crises does not hold for the postwar United States. Historically, the pace of the expansion after recessions seems to reflect aggregate demand conditions

    Postwar Financial Crises and Economic Recoveries in the United States

    Get PDF
    We reconsider the connection between financial crises and economic recoveries in the postwar United States. We proceed in two steps. First, we provide a chronology of financial crises in the United States. We make the case that the postwar period prior to 2007 should be characterized as featuring three periods of financial crisis: 1973−1975, 1982−1984, and 1988−1991. This implies a substantially different postwar chronology of financial crises from that advanced by Reinhart and Rogoff (2009a, 2009b). The second step in our analysis is to reexamine economic recoveries in the wake of financial crises with this revised chronology. We find that the regularity that recoveries are systematically slower in the aftermath of financial crises does not hold for the postwar United States. Historically, the pace of the expansion after recessions seems to reflect aggregate demand conditions

    What happens on the Yukon River leaves genetic traces; analysis of eDNA samples from a thousand-mile canoe expedition

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    In the summer of 2022, I collected eDNA samples on a six-week self-supported expedition along the upper one thousand miles of the Yukon River. While traveling along the upper half of the river, I was able to take samples in many different ecosystems and from different classifications of tributaries that contribute to the main flow of the Yukon. The Yukon and some of the tributaries are known for having high sediment loads. My first five samples were focused on the headwaters of the main Yukon, and sampling upstream and downstream of the two dams supporting the community of Whitehorse. After this, I sampled at the confluences of major tributaries. The samples were then transported back to Fairbanks following the expedition. The fish DNA was extracted from the eDNA filters, and I have been doing the genetics since. Eventually, the samples will be processed utilizing metabarcoding techniques to determine which fish species were present at the various sample sites

    Stressful Experiences in Children and Adolescents: Initial Report from the PSEI-NCPV Honolulu Study

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    As part of a federal study of the biology of stress and resilience, a comprehensive, structured stress-history interview (PSEI-NCPV) was administered to 307 participants recruited in Honolulu. A moderate correlation between childhood stress and current depression was found. A relatively high rate of "severe bullying/hazing," and a high mean stress-intensity reating for "blood-drawing induced anxiety" call for further research

    Good aquaculture practices (GAqP): setting directions for harmonized regional standards - the Philippine experience

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    Abstract only.A milestone process on how Good Aquaculture Practices (GAqP) emanates in Philippine aquaculture and its integration to the ASEAN harmonized standardization efforts is discussed in the paper. The management model, value chain and draft Philippine National Standard of the GAqP code are presented and evaluated as to its impact to trade and marketing, socioeconomic considerations, food safety and technology

    Prevalence of anemia and iron deficiency in pregnant women living in Cartagena, Colombia

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    According to the World Health Organization, anemia affects more than 40% of pregnant women worldwide. Iron-deficiency anemia is the most common type of anemia, and has been shown to have a direct impact on health and quality of life of both mother and child.Ferritin, and iron binding protein, can be used to assess the body’s stored iron and support diagnosis. This study assessed the prevalence of anemia and iron deficiency amongst pregnant women in the ESE Clinica Maternidad Rafael Calvo, a reference maternity unit in the department of Bolivar, Colombia
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