Benitez-Silva, Hugo; Bae, Yong-Kyun - Economics Department, State University of New … - 2005
The number of automobile recalls in the U.S. has sharply increased in the last decade and a half, and the number of units involved in these recalls are often counted in the millions. In 2006 alone, over 10.6 million vehicles were recalled in the United States. However, there is no quantitative...
