This paper sets out a new research design to test for price discrimination by sellers in the housing market. The design controls carefully for unobserved differences in the quality of neighborhoods and homes purchased by buyers of each race, using novel panel data from over two million repeat-sales housing transactions in four metropolitan areas. The results indicate that black and Hispanic hom...

PERSONALITY INFLUENCES CUSTOMER LOYALTY Introduction The major objective of this study was to examine the relationship between personality traits and individual Customer Loyalty patterns among mobile phone and credit card users. The study under review has various distinctive features. Earlier research was directed towards establishing a relationship between individual personality traits and buy...

140 countries have adopted bans on exports of antiquities, in part because these are seen as needed to protect cultural heritage for future generations. However, if enforcement is imperfect, export bans may be counterproductive, spurring the growth of a black market trade which can damage objects and obscure the archaeological record. We argue that allowing fixed-duration, long-term leases of a...

Trade credit is generally used by businesses to obtain external funds. This article demonstrates an inventory system from the retailer’s point of view in which (1) influence trade on expanding small and their consumers focus this research, (2) on-hand follows non-instantaneous deterioration. (3) To maximize profit, demand disclosed, based not just sales price, but also cumulative demand, indica...

BACKGROUND Cancer and chronic disease are leading causes of death in the US with an estimated cost of $46 billion. METHODS We analyzed 11 million cause-specific deaths of US workers age 18-64 years in 30 states during 1985-1999, 2003-2004, and 2007 by occupation, industry, race, gender, and Hispanic origin. RESULTS The highest significantly elevated proportionate leukemia mortality was obse...

Controversy surrounds occupational health and safety regulators, with some observers claiming that workplace regulations damage firms' competitiveness and destroy jobs and others arguing that they make workplaces safer at little cost to employers and employees. We analyzed a natural field experiment to examine how workplace safety inspections affected injury rates and other outcomes. We compare...

Considering the fundamental role played by small and medium sized enterprises (SMEs) in the economy of many countries and the considerable attention placed on SMEs in the new Basel Capital Accord, we develop a distress prediction model specifically for the SME sector and to analyze its effectiveness compared to a generic corporate model. The behaviour of financial measures for SMEs is analyzed ...

We develop a general equilibrium model to assess the quantitative effects of the business environment, including regulation, crime, corruption, infrastructure and access to finance, on output and total factor productivity (TFP) for 30 Sub-Saharan African countries. The first four dimensions create inefficiencies at the firm level and are modeled as a tax on output. From the data, we find that o...

With an increasing competition in the E-marketplace, generating experiences that exceed the customer’s expectations is important in order to acquire and then retain customers. A customer’s experience with E-Commerce extends beyond the interaction with the Web site. Other features such as credit card handling, delivery of products, post-sales support, and so on, influence the customer’s percepti...

This paper empirically measures the integration of the asset market of commercial real estate by studying the respective explanatory power of three types of variables – macroeconomic conditions, local market conditions, and property attributes – for property transaction cap rates. Results from analyzing about 10,000 sales of institutional grade commercial properties from 1977 to 2012 indicate t...