There have recently been suggestions for monetary policy to engineer higher inflation expectations so as to stimulate current spending. But what is the empirical relationship between in?ation expectations and spending? We use the underlying micro data from the Michigan Survey of Consumers to...

Using individual-level data for China,South Korea, and Japan for2006, this research examines how life satisfaction for married males and femalesin East Asian countries isinfluenced bythe age of theirchildren. Our results show that the life satisfaction of males is barely affected by a child of...

The purpose of this paper is to examine the impact of skill shortages on the supply of training within New Zealand firms. The study uses a specially designed survey, the Business Strategy and Skills (BSS) module of the Business Operations Survey 2008 (BOS 2008). The paper evaluates the impact of...

Increasing concerns about a healthy diet, food safety and support for the local economy provide new opportunities for farmers to increase their farm income by locally selling their farm products. The major challenge for farmers making local sales is to predict consumer preferences correctly and...

The Energy Independence and Security Act of 2007 set a renewable fuel standard of 36 billion gallons of biofuel production by 2022, of which 21 billion gallons are to come from cellulosic sources, such as Switchgrass and Miscanthus.The objective of this study is to measure the impact of...