منابع مشابه
When Real Estate is the Only Game in Town∗
The excesses of the historic US housing cycle of the 2000s were concentrated in the Metropolitan Statistical Areas (MSAs) of Nevada, Phoenix, Florida, and California. Even controlling for factors associated with leading explanations of this housing cycle such as differences across MSAs in the amount of subprime lending and their housing supply elasticities, these Sand State MSAs had more than d...
متن کاملThe Only Game in Town: Stock-Price Consequences of Local Bias
Theory suggests that, in the presence of local bias, the price of a stock should be decreasing in the ratio of the aggregate book value of firms in its region to the aggregate risk tolerance of investors in its region. Using data on U.S. states and Census regions, we find clearcut support for this proposition. Most of the variation in the ratio of interest comes from differences across regions ...
متن کاملLit-only sigma-game on pseudo-trees
A configuration of a graph is an assignment of one of two states, ON or OFF, to each vertex of it. A regular move at a vertex changes the states of the neighbors of that vertex. A valid move is a regular move at an ON vertex. A pseudo-tree is a graph obtained from a tree by attaching zero or more loops. The following result is proved in this note: given any starting configuration x of a pseudo-...
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ژورنال
عنوان ژورنال: Energy & Environment
سال: 2007
ISSN: 0958-305X,2048-4070
DOI: 10.1260/095830507782616850