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This paper discusses on the outcome of a large urban renewal planning project in the Lower Rio Grande Valley, a US developing region. The proposed outcome to increase demand for medical services by extending Medicaid enrolment was arrived at through a sustainable development framework, which...
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We study the predictive power of option-implied moment risk premia embedded in theconventional variance risk premium. We find that while the second moment risk premiumpredicts market returns in short horizons with positive coefficients, the third (fourth)moment risk premium predicts market...
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