This paper examines the impact of unionization on profit- ability, growth and productivity using time series data on … negative union effects on profitability, but growth, productivity and the capital-labor ratio appear to be little affected by … may have longer term implications for efficiency since the impact on profitability appears to fall most heavily on firms …

The purpose of this paper is to treat scale economies, profit-maximizing markups, economic profitability, capacity … run profit potential from markup behavior. As a result, on average economic profits are normal, but declining … profitability is prevalent in most industries since the early 1970s. Also, although cost and revenue shares tend to be approximately …

future spot exchange rates. This result implies that there have been opportunities for speculative profit during the post … existence of opportunities for speculative profit is explored. The question answered in the paper is the following: if there … were no opportunities for speculative profit, would exchange rates have been more stable? The answer is yes. This answer …

, surprisingly,due more to variations in the cost of capital than to variations in marginal profit. We also find that the present …

' future returns. Becoming more skilled, however, can reduce a manager's expected profit if enough other managers also become … more skilled. The greater skill allows those managers to identify profit opportunities more accurately, but active …

estimated. Using the full rainfall distribution and our profit function estimates, we find that Indian farmers on average under … expected profits. Farmers who use skilled forecasts have increased average profit levels but also have more variable profits …

highlight the distinction between planner optimization and household optimization. We show that planner optimization is a … partial substitute for household optimization and that this is still true when households have private in- formation about … household optimization are also implied by planner optimization. A rational utilitarian planner enacts policies that cause the …

quality of household food purchases using the National Household Food Acquisition and Purchase Survey (FoodAPS) and propensity … score matching. A healthy purchasing index (HPI) is used to measure nutritional quality of household food purchases. WIC …

Expenditure visibility—the extent to which a household's spending on a consumption category is noticeable to others …-average spending on a category; that of below-average spending; and the positivity/negativity of impressions made by above- and below …-average spending. Jointly, these visibility measures explain up to three quarters or more of the observed variation in total …