Volume 5‚ Number 1‚ January 2008‚ pp 4-20. Do Casinos Really Cause Crime? Douglas M. Walker1 A comment on: Earl L. Grinols and David B. Mustard‚ “Casinos‚ Crime‚ and Community Costs‚” The Review of Economics and Statistics 88(1)‚ February 2006: 28-45. Abstract The Review of Economics and Statistics published “Casinos‚ Crime‚ and Community Costs” by Earl Grinols and David Mustard in February 2006. The authors claim that their analysis of casinos and crime is “the most exhaustive ever undertaken
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1 Table of Contents 1 Introduction – Determinants of Exchange rate ................................................................................. 3 2 Research papers .............................................................................................................................. 4 2.1 Paper -1: Determinants of Exchange Rate Movements ............................................................. 4 2.2 Paper -2: Macroeconomic Determinants of Real Exchange Rates
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Solution to Problem Set 1 1. You are considering various retirement plans. Your goal is to have a lump sum of $3‚000‚000 available (‘in the bank’) when you retire at age 67. The various plans‚ with their payment schedules‚ are listed below. In each case‚ calculate the payment(s) that must be made into the plan to ensure that you have the $3‚000‚000 available. For each plan‚ you may assume that your opportunity cost of funds is 6% per year; for each plan‚ you may assume that the phrase “at
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One view is that the literacy rate has risen from 72% to 90% in the last 30 years. According to the 2005 Functional Literacy‚ Education‚ and Mass Media Survey conducted by the National Statistics Office (NSO)‚ 48.4 million or 84% of the estimated 57.6 million Filipinos who are 10 to 64 years old are said to be "functionally" literate (Source: "8 out of 10 Filipinos are functionally literate" by D. Pepito‚ TODAY newspaper‚ February 17‚ 2005). Functional literacy was found to be higher in females
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Unemployment Rate by Race/Ethnicity Marcel Palomo ECON 201 17 MAR 13 Professor Mills Unemployment Rate by Race/Ethnicity There has always been a difference between unemployment rate from the four major ethnic groups which are White‚ Black or African‚ Hispanic or Latino‚ and Asian My paper will examine why there is such diversity in amongst these groups. People of Asian descent have the lowest unemployment rates compared to the other four groups‚ while unemployment among Hispanics
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Companies borrow at low rates‚ but don’t spend At present‚ a lot of households and small business in economy are rejected to be loaned because some large corporations borrow a large amount of dollars for next to nothing. This phenomena happens a lot. Such as Microsoft‚ it issues bonds at low interest rate‚ whereas few of them invest the money to new equipment‚ technology‚ labours or jobs. Instead‚ they are waiting for the economy improving with depositing the cash. This sort of situation
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Age: - Contact no: - Occupation: - 1) What kind of investments you have made so far? ← Saving account ← Fixed deposit ← Mutual fund ← Gold ← Stock/equity market ← Real estate ← PPF ← Insurance 2) How much is your total investment annually? ← Less than 15000 ← 15000 – 40000 ← 40000 – 60000 ← More than 60000 3) What is the purpose of investment? ← To
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(2007)‚ there is no previous generation began their working lives moving between jobs as frequently as Generation Y. This can be clearly seen in the current labour market. For example‚ if the work is not living up to Gen Y’s expectations‚ they have the immediate intention to move to greater opportunities. However‚ Sunil et al. (2012) stated that turnover rate of employees in hotel industry is very high due to long working hours and low pay scale. Despite of this fact‚ people would prefer to work in other
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of domestic currency price may increase the competitiveness of domestic goods. The increase of nominal exchange rate can make the real exchange rate Increase‚ which will stimulate export and restrict import. It means that the trade balance will be improved. When the rate rises‚ the price of export is cheaper by counting in foreign currency‚ and the price of import in domestic currency increases‚ which is called the price effect. The decrease of exchange rate makes the price of export cheaper‚ the
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One of the most important ingredients of reforms programmes which have generated a lot of inconclusive controversies is the movement to flexible exchange rate which first occurred in the developed countries in 1973‚ and much later in the developing countries. The controversy especially for the developing countries is whether flexible exchange rate is actually as beneficial as mostly claimed. Since the move to floating exchange rate system in 1973 the effects of volatility in exchange rate has continued
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