We reexamine the evidence for “border effects” in deviations from the law of one price, using data for consumer prices from Canadian and U.S. cities. The study parallels Engel and Rogers (1996), except that this study uses actual price data rather than price index data. We find evidence of border effects both in the levels of prices and the percentage change in prices. Even accounting for dista...

The long-term effect of socioeconomic status (SES) and healthcare resources availability (HCA) on breast cancer stage of presentation and mortality rates among patients in Michigan is unclear. Using data from the Michigan Department of Community Health (MDCH) between 1992 and 2009, we calculated annual proportions of late-stage diagnosis and age-adjusted breast cancer mortality rates by race an...

20TH ANNUAL RCS: The 2010 Retirement Confidence Survey-the 20th annual wave of this survey-finds that the record-low confidence levels measured during the past two years of economic decline appear to have bottomed out. The percentage of workers veryconfident about having enough money for a comfortable retirement has stabilized at 16 percent, which is statistically equivalent to the 20-year low ...

In this paper, we focus on the efficiency performance of the Vietnamese commercial banks in terms of their efficiency change, productivity growth, and technological change during the period 2001–2003. We use a data envelopment analysis (DEA) model for this purpose. Productivity is measured using the Malmquist total factor productivity index. The panel data of 13 commercial banks in Vietnam are ...

Identification and analysis of flow fluctuations in consequences of climate change is one of the most important factors in water resources management planning and this is vital especially in areas where large crowds are engaged in agriculture. Dez watershed, as an agricultural hub in the country, is one of areas that river flow fluctuations caused by climate change can affect a large population...

The 1990s were remarkably good to U.S. stockholders. Stock returns for the decade averaged 16.1 percent per year, almost twice the historical average of 8.7 percent. The decade began modestly enough, yielding a 5.9 percent annual return to equity from 1990 to 1995, but it f inished exceptionally strong, with an astonishing 26.3 percent average annual return from 1996 to 1999. As returns mounted...

T he U.S. economy has been enjoying substantially faster productivity growth for the past eight years than it did over the preceding two decades. From 1995 to 2003, labor productivity rose at an average annual rate of about 3 percent, up from an average annual rate of around 1.5 percent between 1973 and 1995. In both 2002 and 2003, output per hour increased more than 4 percent. The significance...

2707 age readers to recommend topics of interest and have established a separate e-mail address ([email protected]) for readers to submit their ideas or comments regarding the new series. Clinically significant interstitial lung disease affects patients with systemic sclerosis (scleroderma) and is a cause of morbidity and mortality in approximately 40 percent of these patients. 1 Ma...