This study compares the estimation errors of several present value discounting conventions (end-of-year, mid-year, and the more recently proposed harmonic mean convention) for a uniform distribution of intra-period cash flow - continuous and discrete. Our results show that the mid-year...

We describe our digitization of a uniquely detailed study of 19 th century production methods assembled by the United States Department of Labor (1899). The staff spent five years collecting and assembling data on the production of hundreds of highly specific products (as well as some services)...