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- REED: EiR* â More on Heterogeneity in Two-Way Fixed Effects Models
by replicationnetwork in The Replication Network, 2019-10-18 11:37:42 UTC
[* EiR = Econometrics in Replications, a feature of TRN that highlights useful econometrics procedures for re-analysing existing research. The material for this blog is primarily drawn from the recent working paper "Difference-in-differences with variation in treatment timing" by Andrew Goodman-Bacon, available from his webpage at Vanderbilt University] In a recent blog at TRN, I discussed research by Clément de Chaisemartin and Xavier D'Haultfoeuille (C&H) that pointed out how heterogeneity in treatment effects causes two-way fixed effects (2WFE) estimation to produce biased estimates of Aver [...]
- Bosses face more discrimination if they are women â from employees of any gender
by ? in DJG Blogger, 2019-10-17 11:41:53 UTC
Women in upper management are discriminated against by all employees, not just men. fizkes/Shutterstock.com Imagine that your boss Ethan calls you into his office. He expresses disappointment in your recent performance and lack of commitment. How would [...]
- Thesis Thursday: Luke Wilson
by Chris Sampson in The Academic Health Economists' Blog, 2019-10-17 06:00:57 UTC
On the third Thursday of every month, we speak to a recent graduate about their thesis and their studies. This month's guest is Dr Luke Wilson who has a PhD from Lancaster University . If you would like to suggest a candidate for an upcoming Thesis Thursday, get in touch. Title Essays on the economics of alcohol and risky behaviours Supervisors Colin P. Green , Bruce Hollingsworth , Céu Caixeiro Mateus Repository link https://doi.org/10.17635/lancaster/thesis/636 What inspired your research and how did 'attractiveness' enter the picture? Without trying to sound like I have a problem, [...]
- Climate change is a top issue for Canadians. What should voters look for?
by ? in Dal News, 2019-10-16 14:00:00 UTC
Polls show that climate change is one of the top-three issues for Canadians heading to the ballot box, writes Dal prof Larry Hughes. [...]
- Why we are wrong
by chris in Stumbling and Mumbling, 2019-10-16 13:37:49 UTC
Eric Lonergan asked a good question yesterday: "why does it take so long for economic beliefs which are repeatedly falsified to change?" I can think of several reasons. A failure to appreciate that the institutional background has changed. Take, for example, big bonuses paid to bankers and CEOs. The idea that we need these to incentivize people is (mostly*) wrong. Instead, they crowd out other motives (pdf) such as professional ethics and can encourage excessive risk-taking. In truth, though, investment bankers' bonuses did not begin as an incentive at all. BITD when stockbrokers were owne [...]
- Legalized Political Corruption Is So Much Bigger Than Trump: A Journey in 7 Charts
by ? in Common Dreams - Breaking News & Views for the Progressive Community, 2019-10-15 04:10:49 UTC
Kenneth PeresAttendees hold signs as they listen to speakers during a rally calling for an end to corporate money in politics and to mark the fifth anniversary of the Supreme Court's Citizens United decision at Lafayette Square near the White House on Jan. [...]
- 37. Informe de desarrollo de América Latina, 2019: Renta, pobreza, medio ambiente y calidad de vida
by MCG Blogs de EconomÃa in Asociación de Estudios Euro-Americanos: Desarrollo internacional de América, Europa y otras áreas, 2019-10-14 19:13:00 UTC
Informe de Desarrollo Mundial 2019: América Contenido: 1. Producción por habitante. 2 Pobreza. 3. Crecimiento sostenible y medio ambiente. 4. Otros indicadores de calidad de vida. Recientemente la Profesora María-Carmen Guisán ha publicado un interesante informe de la Asociación de Estudios Euro-Americanos de Desarrollo Económico sobre América. Destacamos aquí algunos de los datos y conclusiones más importantes, y remitimos al lector interesado en más información al artículo publicado por esta autora cuya referencia se indica al final de esta Entrada nº 37 de este Blog. 1. Producción manufactu [...]
- The Federal Home Loan Banks: Two Lessons in Regulatory Arbitrage
by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets, 2019-10-14 12:01:05 UTC
There is an important U.S. government-sponsored banking system that most people know nothing about. Created by an act of Congress in 1932, the Federal Home Loan Banks (FHLBs) issue bonds that investors perceive as having government backing, and then use the proceeds to make loans to their members: namely, 6,800 commercial banks, credit unions, insurance companies and savings associations. As the name suggests, the mission of the (currently 11) regional, cooperatively owned FHLBs is " to support mortgage lending and related community investment ." But, since the system was founded, its role as [...]
- Interval Prediction
by Francis Diebold in No Hesitations, 2019-10-12 19:16:00 UTC
Last time I blogged on Serena's amazing presentation from Per's Chicago meeting, https://fxdiebold.blogspot.com/2019/10/large-dimensional-factor-analysis-with.html But I was equally blown away by Rina's amazing "Predictive inference with the jackknife+". Rina Foygel Barber∗ , Emmanuel J. Canes† , Aaditya Ramdas‡ , Ryan J. Tibshirani‡§ https://arxiv.org/pdf/1905.02928.pdf . Correctly calibrated confidence intervals despite arbitrary model misspecification! But of course I'm left with lots of questions. They have nice correct-coverage theorems. What about length? We want shortest-length corre [...]
- Health Risk, Insurance and Optimal Progressive Income Taxation
by Christian Zimmermann in NEP-DGE blog, 2019-10-10 19:15:25 UTC
By Juergen Jung and Chung Tran http://d.repec.org/n?u=RePEc:red:sed019:620&r=dge We study the optimal progressivity of personal income taxes in an environment where individuals are exposed to idiosyncratic shocks to health and labor productivity over the lifecycle. Our analysis is based on a large-scale overlapping generations general equilibrium model that is calibrated to the US economy. Our results indicate that the presence of health risk and health insurance has a strong effect on the amount of redistribution and social in- surance provided by progressive income taxes. In an environment w [...]
- Rational Inattention and Oversensitivity of Retirement to the State Pension Age
by Christian Zimmermann in NEP-DGE blog, 2019-10-10 19:02:20 UTC
By Jamie Hentall MacCuish http://d.repec.org/n?u=RePEc:red:sed019:336&r=dge This paper presents evidence that incorporating costly thought, modelled with rational inattention, solves two well-established puzzles in the retirement literature. The first puzzle is that, given incentives, the extent of bunching of labour market exits at legislated state pension ages (SPA) seems incompatible with rational expectations (e.g. Cribb, Emmerson, and Tetlow, 2016). Adding to the evidence for this puzzle, this paper includes an empirical analysis focusing on whether liquidity constraints can account for t [...]
- Heterogeneous Price Rigidities and Monetary Policy
by Christian Zimmermann in NEP-DGE blog, 2019-10-10 18:42:51 UTC
By Christopher Clayton, Andreas Schaab and Xavier Jaravel http://d.repec.org/n?u=RePEc:red:sed019:1480&r=dge This paper investigates the implications of heterogeneous price rigidities across sectors for the distributional and aggregate effects of monetary policy. First, we identify and characterize analytically a new set of earnings and expenditure channels of monetary policy that emerge in the presence of sectoral heterogeneity. Second, we establish empirically that (i) prices are more rigid in sectors selling to college-educated households, (ii) prices are more rigid in sectors employing col [...]
- Germany Versus the ECB
by Hans-Helmut Kotz in Project Syndicate, 2019-10-10 13:45:54 UTC
CAMBRIDGE – Over the past couple of months, the German debate over fiscal and monetary policy has taken an interesting turn. Old, deeply ingrained economic dogmas , including that the public sector must strive to generate a fiscal surplus regardless of macroeconomic conditions, are being reappraised , at least by some . The economic situation is changing rapidly for the worse. The German economy – long the engine of eurozone growth – is undeniably sputtering . Powerful underlying currents are contributing to the slowdown. As a result, there is a high probability of a typical German recession ( [...]
- Should Creditors Pay the Price for Dubious Bonds?
by Mitu Gulati in Project Syndicate, 2019-10-09 11:01:28 UTC
DURHAM/GENEVA/CHAPEL HILL – In late October, Venezuela is likely to default on a $913 million payment on a key bond. Because the country has already defaulted on most of its debt, one might be tempted to regard another missed payment as no big deal. But this bond, issued by the national oil company Petróleos de Venezuela, S.A. (PDVSA), and referred to as PDVSA 2020, is backed by juicy collateral: a controlling stake in Venezuela's economic crown jewel, United States-based refiner CITGO. Ordinarily, unpaid bondholders could tell the bond trustee to seize the collateral. But, given its dubious p [...]
- Journal Round-up at the Academic Health Economistsâ Blog
by Jason Shafrin in Healthcare Economist, 2019-10-07 22:13:05 UTC
Over at the Academic Health Economists' (AHE) blog, I host this week's journal round-up . The papers I cover include: Combined impact of future trends on healthcare utilisation of older people: a Delphi study . Health Policy [ PubMed ] [ RePEc ] Published October 2019 The fold-in, fold-out design for DCE choice tasks: application to burden of disease . Medical Decision Making [ PubMed ] Published 29th May 2019 The health and cost burden of antibiotic resistant and susceptible Escherichia coli bacteraemia in the English hospital setting: a national retrospective cohort study . PLoS O [...]
- 328 â Weitzman discounting
by David Pannell in Pannell Discussions, 2019-10-07 15:08:25 UTC
Martin Weitzman (1942-2019) was an environmental economist who thought laterally. He made important contributions to the field in at least three areas. Here I'll explain one of his clever insights: that uncertainty about the discount rate has an impact on the effect of discounting. At a function in his honour in 2018, Weitzman said "I'm drawn to things that are conceptually unclear, where it's not clear how you want to make your way through this maze," and described how he "took a decisive step in that direction a few decades ago…getting into the forefront rather than…following everything that [...]
- Jason Shafrinâs journal round-up for 7th October 2019
by Jason Shafrin in The Academic Health Economists' Blog, 2019-10-07 11:00:35 UTC
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don't cover everything, or even what's most important – just a few papers that have interested the author. Visit our Resources page for links to more journals or follow the HealthEconBot . If you'd like to write one of our weekly journal round-ups, get in touch . Combined impact of future trends on healthcare utilisation of older people: a Delphi study . Health Policy [ PubMed ] [ RePEc ] Published October 2019 Governments need to plan for the future. This is part [...]
- An October Update on the 21st Century Cities Initiative at Johns Hopkins
by Matthew E. Kahn in Environmental and Urban Economics, 2019-10-06 14:16:00 UTC
The last few weeks have been exciting.� �On Wednesday October 2nd, I gave the Rice Lecture at NYU's Wagner School.�� � I spoke about the urban economics of climate change adaptation.� On Friday, October 4th I spoke at the Federal Reserve of Boston Conference o n the Geographic Divide in the United States.� � I spoke about quality of life inequality in the U.S.� I soon go to Washington DC and Philly to discuss my recent urban economics work.�� Over the last few weeks, I have released two high quality co-authored NBER papers with both related to urban economics issues.� Joe Tracy and I released [...]
- Durables and Lemons: Private Information and the Market for Cars
by Christian Zimmermann in NEP-DGE blog, 2019-10-03 23:13:54 UTC
By Richard Blundell, Ran Gu, Soren Leth-Petersen, Hamish Low and Costas Meghir http://d.repec.org/n?u=RePEc:cwl:cwldpp:2197&r=dge We specify an equilibrium model of car ownership with private information where individuals sell and purchase new and second-hand cars over their life-cycle. Private information induces a transaction cost and distorts the market reducing the value of a car as a savings instrument. We estimate the model using data on car ownership in Denmark, linked to register data. The lemons penalty is estimated to be 18% of the price in the first year of ownership, declining wit [...]
- 327 â Heterogeneity of farmers
by David Pannell in Pannell Discussions, 2019-09-30 15:18:22 UTC
Farmers are highly heterogeneous. Even farmers growing the same crops in the same region are highly variable. This is often not well recognised by policy makers, researchers or extension agents. The variation between farmers occurs on many dimensions. A random sample of farmers will have quite different soils, rainfall, machinery, access to water for irrigation, wealth, access to credit, farm area, social networks, intelligence, education, skills, family size, non-family labour, history of farm management choices, preferences for various outcomes, and so on, and so on. There is variation among [...]
- The Brexit Vote, Productivity Growth and Macroeconomic Adjustments in the United Kingdom
by Christian Zimmermann in NEP-DGE blog, 2019-09-29 01:05:34 UTC
By Ben Broadbent, Federico Di Pace, Thomas Drechsel, Richard Harrison and Silvana Tenreyro http://d.repec.org/n?u=RePEc:cfm:wpaper:1916&r=dge" The UK economy has experienced significant macroeconomic adjustments following the 2016 referendum on its withdrawal from the European Union. This paper develops and estimates a small open economy model with tradable and non-tradable sectors to characterise these adjustments. We demonstrate that many of the effects of the referendum result can be conceptualised as news about a future slowdown in productivity growth in the tradable sector. Simulations s [...]
- Malthus se baña en el PacÃfico: el misterioso caso de la Isla de Pascua
by David Cuberes in Nada Es Gratis, 2019-09-26 05:00:25 UTC
Que los conquistadores jugaron un papel fundamental en el desplome de las poblaciones indígenas de las Américas no es noticia y no debería sorprender a nadie a estas alturas del partido. Sin embargo, la historia nos brinda un episodio en el que la población indígena prácticamente desapareció sin que anduviera cerca ningún colonizador con ansias de grandeza. Se trata de la Isla de Pascua, situada en el Pacifico, lejísimos (a unos 3.500 kilómetros) del país más cercano, Chile. Los estudios arqueológicos de los que disponemos revelan que a esta diminuta isla del tamaño de una cuarta parte de Meno [...]
- Dynamic Programming with State-Dependent Discounting
by Christian Zimmermann in NEP-DGE blog, 2019-09-25 22:14:42 UTC
By John Stachurski and Junnan Zhang http://d.repec.org/n?u=RePEc:arx:papers:1908.08800&r=dge This paper extends the core results of discrete time infinite horizon dynamic programming theory to the case of state-dependent discounting. The traditional constant-discount condition requires that the discount factor of the controller is strictly less than one. Here we replace the constant factor with a discount factor process and require, in essence, that the process is strictly less than one on average in the long run. We prove that, under this condition, the standard optimality results can be reco [...]
- Six methods of unconventional monetary policy
by Giulia Bellocchio in TVHE, 2019-09-25 20:00:13 UTC
In a recent response to questions , The Reserve Bank of Australia has listed six options of unconventional monetary policy that is considered in an event of extreme policy implementation. Westpac economists have also talked about potential unconventional monetary policy tools applicable to the NZ case here – this is worth a read, but is a different list! In this post I would like to outline the RBA's options and hopefully make them easy to understand. As discussed in my post on uncertainty, investment, and monetary policy we are thinking about "unconventional" actions when the neut [...]
- The Technology of Tall (Part II): The Need for Speed
by Jason Barr in Building the skyline, 2019-09-24 12:04:54 UTC
Jason M. Barr September 24, 2019 Note this is Part II of an on-going series on the evolution of skyscraper technology. Part I can be read here . The Chicken or the Egg? What came first: building height or elevator speed? The history of skyscrapers brings us to a kind of chicken-and-egg conundrum. Does the drive to build tall come first and then fast elevators come next? Or do rapid elevators show what's possible and then developers exploit them to go taller? While I don't think there's any way to answer this question, we can look at the history of the elevator to get a sense how this co-dep [...]
- 326 â 60-second videos about our research
by David Pannell in Pannell Discussions, 2019-09-23 15:50:02 UTC
My School at the University of Western Australia is having a competition amongst staff and students to produce a 60-second video that says something interesting and engaging about our research. I've put in two entries. The first one, about farmer adaptation to climate change, is the fun one. The second one, about water pollution, is more traditional, but I hope it's still interesting. I'm also included in a third really creative entry that was put together by Maksym Polyakov. Wish us luck. The winner will be announced in December. Further reading Thamo, T., Addai, D., Kragt, M.E., Kingwell, [...]
- The Costs of Inefficient Regulation: The Volcker Rule
by Kim Schoenholtz in Money, Banking and Financial Markets, 2019-09-23 12:54:49 UTC
"Regulatory capital and liquidity requirements for market making are a more cost effective method of treating the associated systemic risk. […] Market making risks, and other risks taken by a bank, are unsafe whenever they are large relative to the capital and liquidity of the bank." Darrell Duffie, " Market Making Under the Proposed Volcker Rule ," 2012. By creating a new regime to limit threats to the U.S. financial system—including heightened scrutiny for systemic intermediaries and a new resolution framework—the Dodd-Frank Act (DFA, passed in July 2010) has made the U.S. financial system [...]
- Exchange Rate Pass-Through: A Competitive Search Approach
by Christian Zimmermann in NEP-DGE blog, 2019-09-22 22:01:28 UTC
By Beverly Lapham and Ayman Mnasri http://d.repec.org/n?u=RePEc:qed:wpaper:1418&r=dge We develop an open economy monetary model with heterogeneous households which is characterized by incomplete pass-through of exchange rate movements to import prices. Partial pass-through arises in our environment due to the presence of competitive search in international goods' markets. Under competitive search, agents choose a sub-market in which to exchange goods, where different sub-markets are characterized by different price and trading probability combinations. Preference and policy shocks which induce [...]
- Lâuniversità che non facilita la carriera delle mamme
by Giovanni Abbiati e Alessandra Minello in La Voce, 2019-09-20 09:15:00 UTC
La maternità è il momento più critico nella carriera delle donne e l'accademia non fa eccezione. Abbattere il "muro della maternità" è un obiettivo prioritario nella lotta per le pari opportunità. Le università potrebbero dare il buon esempio con quattro azioni. Le quote non bastano In ambito accademico ha fatto recentemente molto discutere la decisione della Eindhoven University of Technology di istituire "quote" indirizzate esclusivamente a candidate donne nel reclutamento di personale di ricerca a tempo indeterminato. Colmare il gap di genere e riparare precedenti discriminazioni sono i mot [...]
- Are QALYs #ableist?
by Don Husereau in The Academic Health Economists' Blog, 2019-09-20 06:00:13 UTC
As many of us who have had to review submitted journal articles, thesis defenses, grant applications, white papers, and even published literature know, providing feedback on something that is poorly conceived is much harder than providing feedback on something well done. This is going to be hard. Who is ValueOurHealth? The video above comes from the website of "ValueOurHealth.org" ; I would tell you more about them, but there is no "About Us" menu item on the website. However, the website indicates that they are a group of patient organizations concerned about: "The use of f [...]
- Thesis Thursday: Andrea Gabrio
by Chris Sampson in The Academic Health Economists' Blog, 2019-09-19 06:00:59 UTC
On the third Thursday of every month, we speak to a recent graduate about their thesis and their studies. This month's guest is Dr Andrea Gabrio who has a PhD from University College London . If you would like to suggest a candidate for an upcoming Thesis Thursday, get in touch. Title Full Bayesian methods to handle missing data in health economic evaluation Supervisors Gianluca Baio , Alexina Mason , Rachael Hunter Repository link http://discovery.ucl.ac.uk/10072087 What kind of assumptions about missing data are made in trial-based economic evaluations? In any analysis, assumptions [...]
- Leuropa e Lapace: la parola alla scienza
by Alberto Bagnai in Goofynomics, 2019-09-18 15:58:00 UTC
(... mentre a Pontida i fascioleghisti si dedicavano al loro sport preferito, il linciaggio dei martiri della democrazia, dei non violenti , due fascioleghisti, caratterizzati, com'è noto, da un l ivello di istruzione insufficiente , si intrattenevano, scambiando fonemi gutturali accompagnati da un rude linguaggio gestuale, su un tema speculativo, e quindi per ciò stesso fuori dalla loro portata: è scientificamente fondato affermare che Leuropa ci abbia dato Lapace, così come si sente affermare comunemente nei dibattiti? Il riassunto di quella conversazione è nell'email che vi riporto, che uno [...]
- 3 or 7, truth or trust
by K in Eight to Late, 2019-09-18 10:28:51 UTC
"It is clear that ethics cannot be articulated." – Ludwig Wittgenstein Over the last few years I've been teaching and refining a series of lecture-workshops on Decision Making Under Uncertainty . Audiences include data scientists and mid-level managers working in corporates and public service agencies. The course is based on the distinction between uncertainties in which the variables are known and can be quantified versus those in which the variables are not known upfront and/or are hard to quantify. Before going any further, it is worth explaining the distinction via a couple of examples: An [...]
- El ciclo, el boom y el parón inmobiliario
by Antonia DÃaz in Nada Es Gratis, 2019-09-17 05:07:21 UTC
de Antonia Díaz y Luis Puch Hasta la llegada de la crisis económica de 2008-2013 , uno de los consensos básicos entre los estudiosos del ciclo económico era que las fluctuaciones del PIB de la economía española presentaban una amplitud menor que las de otras economías desarrolladas. Esto se debía a que la balanza comercial era fuertemente contracíclica: los españoles, en conjunto, nos endeudamos en el exterior en épocas de vacas gordas y ahorramos en épocas de vacas flacas. Este comportamiento de la balanza comercial puede parecer contraintuitivo (deberíamos ahorrar en época de vacas gordas pa [...]
- 325 â Ranking projects based on cost-effectiveness
by David Pannell in Pannell Discussions, 2019-09-16 15:45:42 UTC
Where organisations are unable or unwilling to quantify project benefits in monetary or monetary-equivalent terms, a common approach is to rank potential projects on the basis of cost-effectiveness. Just like ranking projects based on Benefit: Cost Ratio (BCR), this approach works in some cases but not others. To rank projects based on cost-effectiveness, you choose the metric you will use to measure project benefits, estimate that metric for each project, estimate the cost of each project, and divide the benefit metric by the cost. You end up with a cost-effectiveness number for each potentia [...]
- Should Students Borrow?
by Kim Schoenholtz in Money, Banking and Financial Markets, 2019-09-16 12:30:13 UTC
" [Secretary of Education Betsy] DeVos issued the final repeal of an Obama-era rule aimed at holding low-quality education programs accountable by forcing them to prove their graduates were able to repay their student debt ." CNBC, July 1, 2019. As summer ends, 17 million students head to college. Nearly 40 percent are borrowing to do it. Over the past 15 years, the number of people with student loans nearly doubled and now stands at roughly 45 million―that's about one in four adult Americans. Furthermore, the amount of debt has virtually tripled to just over $1.5 trillion, so the average loan [...]
- The Art of Winning a Peace Agreement: The Case of the FARC
by ? in Political Violence at a Glance, 2019-09-16 12:00:53 UTC
Guest post by Sally Sharif and Dayron Yegrail. Sunrise over mountains in Colombia. Photo via Magalie L'Abbé. Colombia's peace agreement with the Revolutionary Armed Forces of Colombia—People's Army (FARC-EP) was widely hailed as a diplomatic triumph. [...]
- David Mottâs journal round-up for 16th September 2019
by David Mott in The Academic Health Economists' Blog, 2019-09-16 11:00:00 UTC
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don't cover everything, or even what's most important – just a few papers that have interested the author. Visit our Resources page for links to more journals or follow the HealthEconBot . If you'd like to write one of our weekly journal round-ups, get in touch . Opening the 'black box': an overview of methods to investigate the decision‑making process in choice‑based surveys . The Patient [ PubMed ] Published 5th September 2019 Choice-based surveys using methods [...]
- Does Hollywood have a gender pay gap problem?
by ? in Forum:Blog, 2019-09-16 10:42:09 UTC
New research has highlighted the extent of the gender pay gap in Hollywood. [...]
- Korruption och ekonomisk tillväxt
by Niclas Berggren in Nonicoclolasos, 2019-09-12 04:40:16 UTC
Sverige är relativt okorrumperat (även om vissa hävdar att det finns mer korruption än många tror). Andra länder är mer utsatta. Här illustreras den upplevda korruptionen i olika länder, enligt Transparency Internationals undersökning: Vilka är då de ekonomiska konsekvenserna av korruption? Det finns det som menar att korruptionen kan vara positiv för den ekonomiska utvecklingen om den undanröjer olika effektivitetssänkande hinder för investeringar. De flesta har dock funnit negativa effekter. En ny studie, "Corruption and Economic Growth: New Empirical Evidence" , hävdar att tidigare studier [...]
- Academic Health Economistâs Blog: Journal Round Up
by Jason Shafrin in Healthcare Economist, 2019-09-09 21:01:11 UTC
I hosted this week's Academic Health Economist (AHE) blog journal round-up . Below is one of the papers reviewed, but do check-out the full article here . Price effects of a hospital merger: heterogeneity across health insurers, hospital products, and hospital locations . Health Economics [ PubMed ] [ RePEc ] Published 1st July 2019 Most economics literature indicates that hospital mergers typically result in higher prices. But what does higher prices mean? Does it mean higher prices for all services? Higher prices for all health insurers? Many economic models assume that hospitals char [...]
- Jason Shafrinâs journal round-up for 9th September 2019
by Jason Shafrin in The Academic Health Economists' Blog, 2019-09-09 11:00:23 UTC
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don't cover everything, or even what's most important – just a few papers that have interested the author. Visit our Resources page for links to more journals or follow the HealthEconBot . If you'd like to write one of our weekly journal round-ups, get in touch . Price effects of a hospital merger: heterogeneity across health insurers, hospital products, and hospital locations . Health Economics [ PubMed ] [ RePEc ] Published 1st July 2019 Most economics literatur [...]
- On Tory paradoxes
by chris in Stumbling and Mumbling, 2019-09-08 12:58:39 UTC
There are two great paradoxes about the Tory party. Paradox one is that whilst neoliberalism has triumphed, the Tories have lost their intellectual hegemony. Matthew Parris says Johnson is a symptom not a cause of the Tory meltdown. That echoes James Butler's claim that "the Conservative Party is in a process of ideological decline" and Stian Westlake's that the Tories " have stopped talking and thinking about economics." This week, 82 academics wrote to the FT defending Labour's economic policies. It is difficult to imagine a similarly large and eminent group defending Tory policies. The Tori [...]
- The Value of Dirt: Introducing the Astor Index
by Jason Barr in Building the skyline, 2019-09-03 12:08:02 UTC
Jason M. Barr September 3, 2019 Astor's Vision On his deathbed in 1848, John Jacob Astor—America's first millionaire—reportedly quipped , "Could I begin life again, knowing what I now know, and had money to invest, I would buy every foot of land on the Island of Manhattan." Astor came to America from Germany in 1783 with nothing but a few flutes to sell. He soon dived into the fur trade and other trading ventures. With his profits, he turned, in the second half of his life, to investing in land. Astor is remembered an incredible visionary, since he was able to foresee the rise of Manh [...]
- Credit, Default, and Optimal Health Insurance
by Christian Zimmermann in NEP-DGE blog, 2019-09-01 22:14:59 UTC
By Youngsoo Jang http://d.repec.org/n?u=RePEc:pra:mprapa:95397&r=dge How do defaults and bankruptcies affect optimal health insurance policy? I answer this question using a life-cycle model of health investment with the option to default on emergency room (ER) bills and financial debts. I calibrate the model for the U.S. economy and compare the optimal health insurance in the baseline economy with that in an economy with no option to default. With no option to default, the optimal health insurance is similar to the health insurance system in the baseline economy. In contrast, with the option t [...]
- Back to School Reading
by Dave Giles in Econometrics Beat: Dave Giles' Blog, 2019-09-01 13:40:00 UTC
Here we are - it's Labo(u)r Day weekend already in North America, and we all know what that means! It's back to school time. You'll need a reading list, so here are some suggestions: Frances, Ph. H. B. F. , 2019. Professional forecasters and January. Econometric Institute Research Papers EI2019-25, Erasmus University Rotterdam. Harvey, A. & R. Ito , 2019. Modeling time series when some observations are zero. Journal of Econometrics , in press. Leamer, E. E. , 1978. Specification Searches: Ad Hoc Inference With Nonexperimental Data. Wiley, New York. (This is a legitimate free download.) MacKin [...]
- The Marriage Market, Inequality and the Progressivity of the Income Tax
by Christian Zimmermann in NEP-DGE blog, 2019-08-30 21:23:05 UTC
By Tim Obermeier http://d.repec.org/n?u=RePEc:bon:boncrc:crctr224_2019_109&r=dge This paper studies how the progressivity of the income tax affects intra-household inequality and the marriage market. Tax progressivity increases the after-tax earnings of the lower earning spouse and improves their bargaining position in marriage. This mechanism reduces inequality in consumption and leisure within households. In addition, tax progressivity can change who is single and who marries whom. I study these effects in an equilibrium search and matching model with intra-household bargaining, labor supply [...]
- Austerity in the Aftermath of the Great Recession
by Christian Zimmermann in NEP-DGE blog, 2019-08-28 20:52:59 UTC
By Christopher House, Christian Proebsting and Linda Tesar http://d.repec.org/n?u=RePEc:mie:wpaper:672&r=dge Cross-country differences in austerity, defined as government purchases below forecast, account for 75 percent of the observed cross-sectional variation in GDP in advanced economies during 2010-2014. Statistically, austerity is associated with lower GDP, lower inflation and higher net exports. A multi-country DSGE model calibrated to 29 advanced economies generates effects of austerity consistent with the data. Counterfactuals suggest that eliminating austerity would have substantially [...]
- On money printing and bond issuance â Part 2
by bill in Bill Mitchell - billy blog, 2019-08-27 01:47:09 UTC
This is Part 2 (and final part) of my series on printing money, debt and power. The two-part series is designed to draw a line through all the misconceptions and errors that abound on the Internet about the Modern Monetary Theory (MMT) treats deficit spending and bond issuance. The social media debate about MMT is at time nonsensical, thriving on falsehoods and fantasy. I get many E-mails after some robust Twitter exchange between some self-proclaimed expert who has found the latest fatal flaw in our work. Often these characters have just stumbled across MMT for the first time and, full of dis [...]
- Replacing LIBOR
by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets, 2019-08-26 12:22:06 UTC
" Come on feet don't fail me now." Edwin Starr et al, Twenty-Five Miles "[R]egardless of how you choose to transition, beginning that transition now would be consistent with prudent risk management and the duty that you owe your shareholders and clients." FRB Vice Chair for Supervision Randal K. Quarles, Speech to the ARRC Roundtable at NYU Stern , June 3, 2019. Publication of LIBOR―the London Interbank Offered Rate―will likely cease at the end of 2021. This is the message U.K. Financial Conduct Authority (FCA) CEO Andrew Bailey sent in 2017 when he announced that, after 2021, the FCA would no [...]
- Rita Fariaâs journal round-up for 26th August 2019
by Rita Faria in The Academic Health Economists' Blog, 2019-08-26 11:00:18 UTC
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don't cover everything, or even what's most important – just a few papers that have interested the author. Visit our Resources page for links to more journals or follow the HealthEconBot . If you'd like to write one of our weekly journal round-ups, get in touch . Vaccine hesitancy and (fake) news: quasi‐experimental evidence from Italy . Health Economics [ PubMed ] [ RePEc ] Published 20th August 2019 Has fake news led to fewer children being vaccinated? At least [...]
- Bonus quotation of the day on how Asians disrupt and undermine the narrative of white privilegeâ¦. - Publications â AEI
by Mark Perry in Carpe Diem, 2019-08-24 19:45:06 UTC
AEI Bonus quotation of the day on how Asians disrupt and undermine the narrative of white privilege…. …. is from Vincent Harinam and Rob Henderson's article in Quillette " Why White Privilege Is Wrong—Part 1 ": What gives white privilege a patina of empirical credibility are its statistical comparisons between blacks and whites. However, these statistics are often decontextualized, omitting base rates and key group comparators. As Thomas Sowell points out, "The mere omission of one crucial fact can turn accurate statistics into traps that lead to conclusions that would be demonstrably false if [...]
- International Welfare Spillovers of National Pension Schemes
by Christian Zimmermann in NEP-DGE blog, 2019-08-24 02:56:45 UTC
By James and Olena Staveley-O'Carroll http://d.repec.org/n?u=RePEc:hcx:wpaper:1903&r=dge We employ a two-country overlapping-generations model to explore the international dimension of household portfolio choices induced by the asymmetric provision of government-run pensions. We study the resulting patterns of risk-sharing and the corresponding welfare effects on both home and foreign agents. Introducing the defined benefits pay-as-you-go system at home increases the welfare of all other agents at the expense of the home workers and improves the degree of intergenerational risk sharing abroad [...]
- Government and central bank coordination in a low inflation world
by Giulia Bellocchio in TVHE, 2019-08-23 20:17:54 UTC
In my previous posts on the liquidity trap and about US Treasury bond purchases I have mentioned that central banks and governments should coordinate their policies as a part of unconventional monetary policy when the interest rates are near the zero lower bound and inflation is persistently low. However, there are costs and benefits associated with any coordination game. The benchmark coordination model and the restricted version of it are well described in English, Erceg, Lopez-Salido 2017 . Here stimulus is given through a money-financed program, where the Treasury increases government sp [...]
- Wages and Hours Laws: What Do We Know? What Can Be Done?
by maximorossi in NEP-LTV blog, 2019-08-22 20:32:33 UTC
By: Charles C. Brown ; Daniel S. Hamermesh Abstract: We summarize recent research on the wage and employment effects of minimum wage laws in the U.S. and infer from non-U.S. studies of hours laws the likely effects of unchanging U.S. hours laws. Minimum wages in the U.S. have increasingly become a province of state governments, with the effective minimum wage now closely related to a state's wage near the lower end of its wage distribution. Original estimates demonstrate how the 45-year failure to increase the exempt earnings level for salaried workers under U.S. hours laws has raised h [...]
- Wages, Experience and Training of Women over the Lifecycle
by maximorossi in NEP-LTV blog, 2019-08-22 20:31:55 UTC
By: Richard Blundell (University College London); Monica Costa Dias (Institute for Fiscal Studies, Centre for Economics and Finance); David Goll (University College London); Costas Meghir (Yale University) Abstract: We investigate the role of training in reducing the gender wage gap using the UK-BHPS which contains detailed records of training. Using policy changes over an 18 year period we identify the impact of training and work experience on wages, earnings and employment. Based on a lifecycle model and using reforms as a source of exogenous variation we evaluate the role of fo [...]
- The welfare implications of addictive substances: a longitudinal study of life satisfaction of drug users
by maximorossi in NEP-LTV blog, 2019-08-22 20:30:57 UTC
By: Moschion, Julie ; Powdthavee, Nattavudh Abstract: This paper provides an empirical test of the rational addiction model, used in economics to model individuals' consumption of addictive substances, versus the utility misprediction model, used in psychology to explain the discrepancy between people's decision and their subsequent experiences. By exploiting a unique data set of disadvantaged Australians, we provide longitudinal evidence that a drop in life satisfaction tends to precede the use of illegal/street drugs. We also find that the abuse of alcohol, the daily use of cannabis a [...]
- Commuting, Migration and Local Joblessness
by maximorossi in NEP-LTV blog, 2019-08-22 20:29:10 UTC
By: Michael Amior ; Alan Manning Abstract: Britain suffers from persistent spatial disparities in employment rates. This paper develops an integrated framework for analyzing two forces expected to equalize economic opportunity across areas: commuting and migration. Our framework is applicable to any level of spatial aggregation, and we use it to assess their contribution to labor market adjustment across British wards (or neighborhoods). Commuting offers only limited insurance against local shocks, because commutes are typically short and shocks are heavily correlated spatially. Analogo [...]
- The Measurement of Health Inequalities: Does Status Matter?
by maximorossi in NEP-LTV blog, 2019-08-22 20:27:34 UTC
By: Costa-Font, Joan (London School of Economics); Cowell, Frank A. (London School of Economics) Abstract: Approaches to measuring health inequalities are often problematic in that they use methods that are inappropriate for categorical data. The approach here focuses on "pure" or univariate health inequality (rather than income-related or bivariate health inequality) and is based on a concept of individual status that allows a consistent treatment of such data. We use several versions of the status concept and apply methods for treating categorical data to examine self-assessed healt [...]
- Discrimination in Hiring Based on Potential and Realized Fertility: Evidence from a Large-Scale Field Experiment
by maximorossi in NEP-LTV blog, 2019-08-22 20:26:16 UTC
By: Sascha O. Becker ; Ana Fernandes ; Doris Weichselbaumer Abstract: Due to conventional gender norms, women are more likely to be in charge of childcare than men. From an employer's perspective, in their fertile age they are also at "risk" of pregnancy. Both factors potentially affect hiring practices of firms. We conduct a large-scale correspondence test in Germany, Switzerland, and Austria, sending out approx. 9,000 job applications, varying job candidate's personal characteristics such as marital status and age of children. We find evidence that, for part-time jobs, married women [...]
- Education Quality and Teaching Practices
by maximorossi in NEP-LTV blog, 2019-08-22 20:24:27 UTC
By: Marina Bassi (World Bank); Costas Meghir (Cowles Foundation, Yale University, NBER, IZA, CEPR, and Institute for Fiscal Studies); Ana Reynoso (Department of Economics, University of Michigan) Abstract: Improving school quality with limited resources is a key issue of policy. It has been suggested that instructing teachers to follow specific practices together with tight monitoring of their activities may help improve outcomes in under-performing schools that usually serve poor populations. This paper uses an RCT to estimate the e?ectiveness of guided instruction methods as imple [...]
- Smart consumers. stupid voters
by chris in Stumbling and Mumbling, 2019-08-21 13:02:52 UTC
What do ordinary folk know about economics? This question has been revived by Simon, who argues that support for a no-deal Brexit is based upon "information failure" caused by our biased and inadequate media. This is in a similar spirit to Jason Brennan and Bryan Caplan , who argue in different ways that voters are irrational and/or misinformed. My chart offers a corrective to this view. It shows that the ratio of retail sales to share prices has been a fantastic predictor of equity returns since the current vintage of retail sales data began in 1996. The correlation between the ratio of retai [...]
- Ramsey Tax Competition with Real Exchange Rate Determination
by Christian Zimmermann in NEP-DGE blog, 2019-08-20 15:32:37 UTC
By Paul Gomme http://d.repec.org/n?u=RePEc:crd:wpaper:19004&r=dge How should governments choose tax rates when they face competition from other jurisdictions? This questions is answered by solving for the Nash equilibrium of the game played between Ramsey planners in a two good, two country open economy macroeconomic model. It is shown, analytically, that the planers do not tax capital income in the long run. Short term results, obtained computationally, reveal that the government of the larger country manages the path of the real exchange rate in order to manipulates its smaller rival's choic [...]
- Should the African lion learn from the Asian tigers? A comparison of FDI-oriented industrial policy in Ethiopia, South Korea and Taiwan
by Jostein Hauge in Development Economics, 2019-08-20 11:00:05 UTC
The Huajian shoe factory in the Eastern Industrial Zone in Ethiopia. Photo: UNIDO . Ethiopia is being hailed as one of the most successful growth stories in Africa. Because of the country's rapid economic growth, the high degree of state intervention in the economy, and the state's focus on industrialization, people have started to compare Ethiopia to the Asian 'tigers' ( Aglionby, 2017 ; Clapham, 2018 ; De Waal, 2013 , Hauge and Chang, 2019 ; Oqubay, 2015 ) — four countries in East Asia (Hong Kong, Singapore, South Korea and Taiwan) that underwent rapid industrialization and maintained except [...]
- Why did the UK become a failed state?
by Mainly Macro in Mainly Macro, 2019-08-20 08:28:00 UTC
'I should be the leader of a government of national unity'. 'No you shouldn't, someone else should'. I'm afraid if you were hoping I would write about this nonsense you will be disappointed. It seems to me right now nothing more than just another way for those who really dislike Corbyn to attack him and those who support Labour to attack everyone else. Rebel Tories will be hoping a crash out Brexit can be stopped another way, and if that fails or in the unlikely event that Johnson ignores parliament, who has the relatively unimportant job of leading a caretaker government will be decided days [...]
- 321 â Communicating economics to policy makers
by David Pannell in Pannell Discussions, 2019-08-19 15:47:19 UTC
When it comes to communicating research results to policy makers, economists have some advantages over other disciplines. But economists commonly make a range of mistakes when trying to communicate to policy makers. Included amongst the advantages that economists have are that economics can be used to clarify the pro's and cons of different decision options, and this is exactly what policy makers need in many cases. Secondly, a good economic analysis is holistic, bringing together all, or at least most, of the relevant elements, including social, biological, physical, financial, behavioural el [...]
- Chris Sampsonâs journal round-up for 19th August 2019
by Chris Sampson in The Academic Health Economists' Blog, 2019-08-19 11:00:02 UTC
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don't cover everything, or even what's most important – just a few papers that have interested the author. Visit our Resources page for links to more journals or follow the HealthEconBot . If you'd like to write one of our weekly journal round-ups, get in touch . Paying for kidneys? A randomized survey and choice experiment . American Economic Review [ RePEc ] Published August 2019 This paper starts with a quote from Alvin Roth about 'repugnant transactions', of w [...]
- Rethinking capital regulation: the case for a dividend prudential target
by Christian Zimmermann in NEP-DGE blog, 2019-08-16 03:24:39 UTC
By Manuel Muñoz http://d.repec.org/n?u=RePEc:srk:srkwps:201997&r=dge The paper investigates the effectiveness of dividend-based macroprudential rules in complementing capital requirements to promote bank soundness and sustained lending over the cycle. First, some evidence on bank dividends and earnings in the euro area is presented. When shocks hit their profits, banks adjust retained earnings to smooth dividends. This generates bank equity and credit supply volatility. Then, a DSGE model with key financial frictions and a banking sector is developed to assess the virtues of what shall be call [...]
- Thesis Thursday: Elizabeth Lemmon
by Chris Sampson in The Academic Health Economists' Blog, 2019-08-15 06:00:18 UTC
On the third Thursday of every month, we speak to a recent graduate about their thesis and their studies. This month's guest is Dr Elizabeth Lemmon who has a PhD from the University of Stirling . If you would like to suggest a candidate for an upcoming Thesis Thursday, get in touch . Title Essays on the provision of long term care to older adults in Scotland Supervisors David Bell , Alasdair Rutherford Repository link http://hdl.handle.net/1893/29369 What long term care provision is available to older people in Scotland? Long term care (LTC) in Scotland comprises both formal care and [...]
- No, Wages Are Not Rising Because of Minimum Wage Laws
by Adam Michel in The Foundry, 2019-08-13 15:32:38 UTC
Before lawmakers left for August recess, the Democrat-controlled House voted to raise the federal minimum wage to $15 an hour. Such a move would backfire in a major way if passed into law. It would hurt lower-skilled individuals the most, including teenagers, immigrants, and those without a high school degree. And women, who hold more low-wage jobs than men, would be hurt the most, accounting for more than 60% of the resulting lay-offs. The push for new wage mandates comes at a puzzling time: We are in the midst of a record economic expansion in which workers in lower-wage jobs are see [...]
- 320 â Fixed costs and input rates
by David Pannell in Pannell Discussions, 2019-08-12 15:41:12 UTC
Optimal input rates (e.g. of fertilizer to a crop) are not affected by fixed costs. I had an interesting discussion with a Canadian poultry farmer last month, who needed to be convinced of this fact. In Canada last month I gave a seminar at the Ontario Ministry of Agriculture, Food and Rural Affairs on water pollution from agricultural fertilizers, and how an understanding of the economics of fertilizer application can help identify cost-effective policy strategies for reducing pollution. One thing I talked about was the economics of applying too much fertilizer (more than would be in the farm [...]
- Chris Sampsonâs journal round-up for 12th August 2019
by Chris Sampson in The Academic Health Economists' Blog, 2019-08-12 11:00:31 UTC
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don't cover everything, or even what's most important – just a few papers that have interested the author. Visit our Resources page for links to more journals or follow the HealthEconBot . If you'd like to write one of our weekly journal round-ups, get in touch . Developing open-source models for the US health system: practical experiences and challenges to date with the Open-Source Value Project . PharmacoEconomics [ PubMed ] Published 7th August 2019 PharmacoEco [...]
- The Currency Manipulation Game
by Jeffrey Frankel in Project Syndicate, 2019-08-09 15:15:43 UTC
CAMBRIDGE – The trade war between the United States and China is heating up again, with US President Donald Trump abruptly announcing plans to impose a 10% tariff on the $300 billion worth of imports from China that he had so far left untouched. The Chinese authorities then allowed their currency, the renminbi, to fall below the symbolic threshold of CN¥7 per US dollar. The Trump administration promptly responded by naming China a "currency manipulator" – the first time the US had done that to any country in 25 years. Pundits declared a currency war, and investors immediately sent global stock [...]
- Capitalâs gain is lately labourâs loss : The global decline in the labour share of income
by ? in FRED blog, 2019-08-08 13:00:19 UTC
The GDP of a country reflects, among other things, the total payments to all factors of production. For a long time, the share of payments to labour* relative to total payments to all factors of production was relatively stable. In recent decades, the share of payments to labour has been trending down in many countries, which FRED can help us illustrate. The first graph shows that the share of labour compensation in GDP has been declining for several countries around the world. In the U.S., this share has declined by 5% between 1975 and 2017. The decline in other countries is even greater, wi [...]
- Is there really a global decline in the (non-housing) labour share?
by BankUnderground in Bank Underground, 2019-08-07 08:00:00 UTC
Germán Gutiérrez and Sophie Piton Much has been written on the global decline of the corporate labour share (defined as the share of corporate value added going to wages, salaries and benefits). The IMF and OECD worry about this trend, linking it to decreasing wages and rising inequality. And economists are hard at work looking for an explanation: prominent hypotheses range from automation and 'superstar' firms to offshoring. But is there really a global decline in the non-housing/business labour share? Not if you properly exclude housing income and account for self-employment, as desc [...]
- The Bedrock Myth and the Rise of Midtown Manhattan (Part II)
by Jason Barr in Building the skyline, 2019-08-06 12:31:54 UTC
Jason M. Barr August 6, 2019 Note: This two-part series is adapted from chapters seven and eight of my book, Building the Skyline: The Birth and Growth of Manhattan's Skyscrapers (OUP, 2016), which is based on research ( here and here ) performed with Troy Tassier of Fordham University. The Bedrock Myth An aerial view of Manhattan reveals the shape of its curious skyline: a cluster of skyscrapers Downtown and another one in Midtown, but few in between. The conventional wisdom is that skyscraper developers gravitated to these areas because access to bedrock near the surface made it easi [...]


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11+ list motywacyjny specjalista
The master plan needs to be based upon which the organization should be at a certain time after on. A advertising program may be a portion of a general small business program. Additionally, it comprises an argument of this prospective audience, a description of the business' existing advertising and advertising standing and also a description of the advertising mix that a enterprise use to accomplish their advertising objectives. By obtaining comments from departments and being clear on aims, your advertising system is more inclined to become of importance and to be considered a thriving tool. A advertising application may certainly be an approach which helps a company to choose the perfect usage of its resources to reach corporate aims. A proven and productive advertising program is the place you have to concentrate your energy rather than of programs that only supply a fantastic deal of fluff and receive you no where close your aims. It's not possible to generate a fantastic event advertising program.
The plan needs to cover one year. A advertising program can be a business document composed of describing the existing market standing of its advertising strategy and the organization for your function. For example, it might have a strategy to raise the marketshare of the organization . By way of example, it could include a method to grow the marketshare of the business . You will put in a retail advertisements plan at this time and simply tailor it for the own small business enterprise.
The previous step in establishing a marketing program is currently quantifying your job search achievement. Possessing a marketing plan helps business leaders maintain your attention on the anticipations to their operational sites and to come up together. Creating a own marketing and advertising program is a wonderful method to aid you set your own aims and position your self being a professional, As you often see.
The advertising plan fundamentally aims to create the enterprise supply the perfect solution is with all the knowledge together with the customers. It displays actions or exactly the step which are employed as a way to attain the design goals. It also makes it possible for in sequence to prepare for the future the marketing staff to test their own previous decisions and understand that their results. You are given the capability to come up with your aspects of marketing and advertising by an advertising and marketing plan. A marketing tool is an all-inclusive record or blueprint that outlines the advertising and marketing and marketing efforts for that year of an organization. So that you can lay a course to 18, That which you will need is a advertising actions plan. Today you are able to move on into creating a marketing task schedule.
The very final thing which you want to accomplish is stay with a marketing program which didn't yield positive outcomes. The marketing application may be employed to describe the manners of applying a business's marketing resources to meet advertising goals. Moreover, advertising and advertising plans are comprised in business programs, providing data showing and above all, how they're likely to get a yield on investment. There is, around the reverse side, A app loaded with all meaning. It is a business record written with the aim of describing the market position of the small business and its advertising strategy for the time scale. First, the first step you may do on how to make an example web site promoting application is to concentrate.
A marketing app should rely upon which your provider needs to be in any point later on. It's a duty from the marketing staff and business leaders to take the organization in a direction that is particular. It allows one to receive each one of your thoughts down on newspaper. All amazing advertisements and advertising plans start with an all-inclusive and intimate grasp of their aims of the business. Making marketing tool and an successful advertising is quite a tricky endeavor. Thus, to achieve that, one needs to make promotion program and a successful advertising.
The marketing application would summarize the targets that have to be accomplished to accomplish the fifteen percent increase in the industry marketshare. Every advertisements program differs, so so learning the approach is what is crucial. Enter contact with me, In the event you want to engage me to generate a magnificent advertising and marketing policy for you personally. You are definitely going to be more armed with mechanics and advertising program, and an tactical promotion to accomplish your revenue objectives once done.
Your pro motion program is an indispensable part of your total enterprise that is small. Before you build up your advertisements system, find out about the possible market to the goods or assistance. A tourism marketing plan summarizes advertising approach that is general and also the advertisements which will be employed to advertise a website.
A plan is owned by Instrument Tutorial You! A program that is written is required by you within a structure that's usable. You want to have a plan. Conclusion You are not likely to get the perfect plan. The 60-day and 90-day options will soon be obscure in first, as you're need touse the first 1 month as your own period to determine at which you are getting to proceed in these periods. An all-inclusive research strategy explains the way you mean to run your own research.
Business preparation is going to aid you in understanding how to correctly promote your company, how to know and policy to financial stability both today and again later on, how to carry your daily operations with a essential degree of routine, etc.. Taking a little more time that it makes it possible for you to receive. Good worldwide taxation preparation entails a good deal of creativity, inside the frame of policies that are special.
Give examples and also the way it really helps. You've got heaps of examples and formatting help available to aid you create your record. If you're looking for a example, look at the website of Mayo Clinic.
The report has to possess a literature review. Even though each report may contain info unique all excellent reports stick to a fundamental structure you need to include a great deal of precisely the specific selections of advice. You would like the report to seem specialist, so be sure to proofread every webpage. The analysis has to measure the job in regard towards goals and the goals of the undertaking. For time being, let us assume you're writing a more extended account and learn more concerning the structure you are going to need. A due diligence report is usually used throughout the sale or purchase of a business.
Then you should consolidate your knowledge of the user experience possible, since will affect your comprehension of numerous different research objectives. It shows that behaving like a male can backfire. The research continues to be valid but you're now conscious of the magnitude and intricacy of the problem. There research supporting the usage of both mnemonics, and they work just like magic. You can be given a lot of advice this fashion. Review the monetary information found inside your company program.
The procedure for writing a tourism promotion strategy involves a grasp of those promotion avenues that are open for your requirements and also research . The first step of this scientific investigation procedure involves defining the problem and conducting study. Furthermore, the information selection procedures used in descriptive research may be very explicit.
If a job is shown to be useful and relevant, it is going to be kept. For example, some improvement projects might have accredited maps however would be always to participate in the price of the storm drain machine. The job is futile for passing, plus it might not be approved. It will have the opportunity to join the regional, national and global science contests. Lets take a look at the way it is easy to write.
This plan is created it is possible to grab at a moment's notice. Dealing with Small Business Development Center or a consultant is the optimal/optimally method to make a small business program that is superior. Thus, make certain that the proposal has been delivered punctually! It must be about the forms used for Science Fairs all around the universe. . If you really don't finish and submit your proposal punctually, it will be deleted by the service or organization approach. Hence, the proposal connected to this Australian Visual Arts Board was ignored of command.
The master plan should assist you see the general picture of what you must try and accomplish in order to react to your science project issue. You prefer to guarantee that your financial projections are matched by the monetary data inside the business plan. The metrics which are very important are focused around by an excellent small business plan searching for a voice that is superb.
If a suggestion comprises a message, then as the suggestion is more already currently committed the message is going to be sent. There is An organization suggestion a written document that's sent to purchase a project. Possessing a highly company proposal is vital.
The proposition will be practically the previous stage of a protracted, certainly time-consuming and sometimes high priced path of action. An internet site proposal can be a kind of conventional record when intending a web site applied. Client data a site proposal is made up of important info about the client just such as the name, address, contact info, etc..
A business plan describes all of these elements of a performance and supplies a strategic plan of how it is going to be handled. The company application is also utilized to introduce potential donors or creditors to be in a position to find funding. Your small business application that is non-profit can summarize your employees arrangement and also the names of those positions desired and what amount of staff members have been anticipated to perform your assignment. Business proposals should really have a body which discusses company issues and will be offering remedies. While there are selections of proposals, organizations and businesses commonly us corporation and grant plans.
The cost summary is ordinarily used by the client to get an idea of contrast between other suggestions and your company. This price outline has been developed within a quote of these expenses related to the option. The item description has been accomplished by many writers and lacked coherence in addition to uniformity inside voice. An extensive description of the main reason for the issue needs to be recorded from the repository.
Here's a list of technical achievements which may be excellent for proposition, however, that have not been proven, if you are looking for ideas for accomplishments that might make landmark proposals. For organizations that are miniature, the thought of making a proposition is daunting. 1 reasons sales training fails would be that a failure to define a purpose goal. There are situations where your company will not have. Sometimes a problem may lie with a single measure and might require modification that is minor. It's divided into the need for the analysis and the problem's announcement. An huge difference can be earned by Even a issue, such as for example response time for a new client query .
Make certain to have your own proposition edited. After all, it's all the convincing once you have the opportunity to earn edits and remove errors. Every suggestion requires a minimum of you last proof read and one particular inspection. Developing an investigation endeavor proposition is similar to developing a small business proposal that is brief. Prior to making up a research task application, you must build a research endeavor proposition which means you're able to be sure that the approval of this committee or the board together with regard the purpose of your research undertaking.
There are a lot of manners of binding your proposal, but few who will help it become appear really good and practitioner. It's vital to stay in your mind that your proposition is made by you just . A proposition functions within an outline of exactly stuff you wish to execute and also the means and ways on the way you're in a position to achieve that. For example, let's say you own some thing or a suggestion composed that should be accomplished. A research project proposal acts like a specific and guide talk of the analysis project's breakdown that you are indicating. Regardless of what the rationale is really on the reason a research project suggestion must be manufactured, it's necessary for things who will build up the document to create sure it is goal-oriented well-presented, and more comprehensive.
There certainly are. You have to make your own personal campaign suggestion it would have been a wise notion to maintain several strategies in your mind which will help you. A Enforcement Strategy to describe the method is essential for contracts. A proposition has the information needed when designing a site, whether it is for a site. To get investors, you should generate a land development proposal and so that the investors have something to watch.
There is A proposal just really a formally written document it is often utilised in the industry market and useful for a number of purposes. Professional proposals should be computer-generated on organization letterhead, while service-industry forms can be pre-printed. Rigorous ideas are supplied when some body finds a problem, whereas solicited suggestions are awarded at the petition of an institution to tackle an issue. Understanding how exactly to compose some work suggestion or a productive blog proposition is critical to make certain you receive a client.
Micro Soft's templates make it possible for one to produce a call log to keep an eye on your messages in an Excel work book. Utilizing an Excel template offers a intuitive method of create statements for non and also business utilization. Excel templates possess the program. Most templates enable you to include metabolic and labour bills. They include materials lists at which it's possible for you to input the price for every unit and also the number of units. First select the most template that you will find suitable. The template that is above furnished is special example of high quality so much as professional forms are included.
For emailing which can raise payment until long, Together with us, it's potential to get an invoice template. Possessing a distinguishing invoice template is also a superb way to showcase the basis of one's own organization. Our templates are all made to be both easy and potent. Nearly undoubtedly, behind generating a shipping statement template, the major reason would be to comprehend the seller and buyer together using the package of goods.
In the event you intend to mail statements on behalf of one's customer, you will find tons of selections. Invoices can be located in quite a few styles in formats. Select . Aside from if you are going to be producing bills on, it would be foolish to design a template for just 1 application.
When running your little company invoicing is among the tasks. Skilled Invoicing can help you to save time by creating statements once the work is completed by you. It is possible to download the bill to get a PDF and have a system. Maybe not every custom bills will be the specific same.
Whatever you need to do is simply go through your statement will undoubtedly be wholly prepared and 3 easy activities. Make certain to may have the ability to get each invoice have its very own specific variety for tracking purposes. Regardless, you can make an acceptable invoice.
That will be the reason having an invoice is crucial for practically any firm since it assists in maintaining your cash flow wholesome. The part are definitely going to have the date plus is going to be included on the outside of your invoice. Only decide on the template when you produce your statement you desire to use. Place the date that you are developing the statement beneath the statement amount. You may down load free Simple invoice .
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Individuals who already liked the firm will arrive back to get out everything you're presenting, and individuals who disagreed with the prior owners can provide another prospect to it. You will probably has to customize your bills, because each provider differs. Your consumer is just curious about what you can do for her or him. In order to generate an invoice, you first must add the consumer. Each customer has specific ratio of special business requirements, enabling it to compete on the market. Your consumer is only planning to buy the benefits-of-use of product or your service. Without your own copy, you won't possess the ability to offer customer service if essential, or acquire your business information that are .
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subset: commoncrawl


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Swaffham is a Norfolk market town gem, described by local resident Stephen Fry as 'the perfect market town', with a magnificent Georgian market square and a host of pretty craft jewellery and specialist shopping outlets. Fine restaurants and traditional inns are plentiful and in the pretty centre you'll find the Swaffham Museum housed in a Grade II Listed town house with exhibits on local history and an impressive collection of Egyptian artefacts. Swaffham is famously the birthplace of Egyptologist Howard Carter about which there are exhibitions in the museum.
Take a tour of the EcoTech Centre just outside the town centre. The two wind turbines here provide about half of Swaffham's power and the centre also offers the unique experience of a tour up a huge wind turbine. Admiral Lord Nelson was among the many fans of Swaffham through which cuts an ancient Roman Road, now the route of the popular Peddars Way National Trail which pushes all the way north to the coast to join the Norfolk Coast Path. Just to the north of the town sits Castle Acre Priory & Iceni Village, one of England's largest and best preserved priory remains dating back to 1090.
Book a luxury Swaffham bed and breakfast for a romantic break in Norfolk or stay in a modern self-catering lodge or a cosy cottage between Thetford Forest and Swaffham. Be assured of an excellent base for touring in Swaffham which is ideall placed for exploring the North Norfolk Coast, Cambridge and an array of beautiful Suffolk and Norfolk inland market towns.
Swaffham's close proximity to the A47 puts it within easy driving distance of Norwich and the Broads and mainline rail links sit nearby in Downham Market. If you're on the lookout for a beautiful holiday cottage or B&B in and around this 'perfect market town' then browse accommodation in Swaffham now and book.
Swaffham Museum
Housed in a Grade II listed town house, the Swaffham Museum is a gem of a local museum digging deep into the social history of the area as well as displaying treasured collections of both Egyptian and Roman finds. The fascinating Roman finds on display at Swaffham Museum were found locally and include Roman sandals, jars, coins, military badges and more. There were a number of Roman settlements around Swaffham which contained large villas and farmsteads.
Also of great interest in the Swaffham Museum is the impressive collection of Egyptian artefacts. Display boards feature the story of Swaffham son Howard Carter, famous Egyptologist who discovered Tutankhamen's tomb. The story of the legend of the Swaffham Pedlar which features on the town's sign is also given due attention within the Swaffham Museum which has an excellent on-site gift shop and tourist information centre.
The Green Britain Centre
If you've ever wanted to get up close to a vast wind turbine blade on the ground and take a tour of these giant producers of sustainable wind powered energy then the Green Britain Centre in Swaffham is where to head. Two wind turbines are here in Swaffham producing at least half of the town's energy. One wind turbine is adjacent to the visitor centre at the Green Britain Centre situated on the outskirts of the town. Guided tours right up into the Wind Turbine are available, pre-booking advised.
Swaffham Markets
Saturday is the not to be missed market day in Swaffham centred around the Georgian Market Place. Local produce market stalls, fine clothing, collectables and antique stalls all feature at Swaffham Market. A choice of traditional real ale pubs, historic Georgian hotels and guesthouses, fine art galleries, stylish cafes, cosy tearooms, craft shops, antique shops and an excellent selection of world cuisine restaurants all feature in the town centre. Market Square is also home to a rather stunning historic Methodist Church dating from 1813 which serves refreshments every Saturday on market day.


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Drop stress levels of hospitality training
Quenchable makes training front of house teams easy; reducing the stress and improving the performance of managers and front of house teams.
95% of front of house staff say that they would be able to perform at a higher level if they had more wine confidence*. But we know that training in a hospitality environment is logistically challenging, especially when it comes to wine knowledge. So we've created an app that makes it easy for anyone to get the skills and confidence to talk to customers about wine.
*based on research conducted by Quenchable.


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I'm going to piggyback this. I've been considering other music services lately - my sister the other day said "Alexa, never play this song again" --- Amazon music said "OK, I'll remember that". AMAZING
Why for the past month has my account kept "Hot Country" as a top suggestion next to my music usual choices: EDM/Dance/Trance, Musicals, 90s Dance, Classical Piano, and Jazz. I believe I've listened to 1 lady antebellum in the past year. "Hot Country" is 1 of 4 suggestions plastered on my screen.
Either implement a 'remove/dislike' feature or fix your predictive algorithms guys. Sorry, I'm not excited about Dan and Shay's new cover.
495 Replies
Last update: 2016-06-30
420 Replies
Last update: 2018-03-27
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Last update: 2019-09-18


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Some rain has finally fallen at Belinda Haynes's fire-ravaged cattle station in outback Queensland.
The cattle she didn't lose in the fires late last year now have some grass to feed on and that's sweet relief indeed.
Ms Haynes spent a staggering $520,000 trucking in feed for her herd over 13 weeks after the fires destroyed every blade of grass on her 100,000-hectare Kutchera Station, northwest of Georgetown in Queensland's north.
The deaths of 500 cows and 200 calves in the fire disaster have added another $250,000 to the bill.
As for equipment and infrastructure - including kilometres of fencing - she has no idea what that will cost to repair or replace.
Given that damage is not covered by insurance, she's having to make some difficult decisions about what to fix, and what to give up on for now.
The fires that ravaged Kutchera Station from mid-October also destroyed grazing land on sprawling neighbouring properties, and many farmers are in the same situation.
"Everyone has had a little bit of rain, but it's burning off so quickly now and we haven't had any since," she told AAP.
"We've had six inches but should have had about 15 by now. Everyone is wondering where the hell our wet season is, and whether we're going to get one.
"If we don't it's going to be a horrible, horrible year. And even if we do, it's going to be too late."
Ms Haynes and other fire-hit farmers are looking at a very long road to recovery.
"It'll take about 10 years to even look like getting the herd back to what it was," she says.
But she says support has been flowing from Rotary groups, the volunteer organisation Aussie Helpers, governments, and from a bushfire disaster appeal being run by Bendigo Bank.
She says she watched with an overwhelming sense of empathy in recent weeks as farmers in other parts of the state were hit by devastating floods.
"We live in a land of such extremes, going from one thing to the next. It's a very very tough environment," she says.
Donations to the Bendigo Bank fire appeal can be made at any branch, or online at http://shop.bendigobank.com.au/public/foundation/


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Universitas Muhammadiyah Yogyakarta (UMY) will award scholarships to international students for the 2019/2020 academic year.
Indonesia is offering scholarships in all subjects for international students, including Algerians, (Undergraduate, Postgraduate, and Doctoral Studies).
This Scholarship program is part of Universitas Muhammadiyah Yogyakarta (UMY) willingness to be a leading and reputable university in the world through further enhancing the knowledge and technology based on the Islamic values.
Those who want to apply may visit https://www.umy.ac.id/en/study-at-umy to get more information regarding the programs availability.
During their studies in the country, the government covers tuition fees, living costs during the first year for the international students who takes Undergraduate, Postgraduate degree program. For the second year, it will be considered based on grade point average (GPA) as explained in the attached link.
With respect to Doctoral Scholarship Program, the students are obliged to publish in the international journal.
For more information, please contact:
Email: [email protected]
Telephone: (+62) 74450212
Website: iro.umy.ac.id
An Algerian news website aims at covering all the country's territory through providing objective and positive image, focusing the most on breaking news.
A dynamic team is working on feeding the website by credible information in all fields of life; a reliable network composed of specialized elements working in harmony with our team in Algiers, the website's headquarter, provides us more coverage and simultaneity.
"English" is what makes us different in Algeria and ranks us first too not only as a news website; English also makes it simple and fast for Anglophone world to discover our country.


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This is absolutely one of my favorite recipes. The sweet bananas, the nutty sunbutter (like peanut butter but made from sunflower seeds), and the hearty collards combine to make an easy and tasty breakfast or just a grab-n-go snack anytime. They hold up really well so feel free to pack these guys up for a picnic or anytime treat!
the recipe: (makes 1 roll)
2 collard leaf greens
1 tablespoon sunbutter
1/3 banana sliced
the plan:
Wash, dry and remove hard vein (remove only the very hard vein from the bottom half, cutting a V shape) from collard green leaves. Lay the 2 collard greens on top of each other. Place sunbutter in center of top leaf. Lay sliced bananas atop the sunbutter. Starting at the end of the leaves that have been split by de-veining, start to roll up to the tip of the collard greens leaves. That's it! Enjoy!


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EC Wise is an Oracle Platinum Partner and in 2014 became an Oracle ISV and OEM with the introduction of our DecisionHub platform for rapid development and deployment of data warehouses and data marts. Our team has built Oracle DB and system based products and platforms that process significant data volumes and support large numbers of interactive users.
Oracle database-based solutions provide a variety of significant business benefits, such as very high performance per dollar invested, far more consideration for systems management, high availability and scalability than other RDBMS solutions, ability to support mixed transaction processing and analytic workloads, and multi-tenancy.
We deliver solutions on Oracle based technology platforms including Sun servers running Solaris, Oracle Database and Enterprise Java, Oracle's Oracle Database Appliance, and as well as on commodity hardware running Linux and cloud virtual platforms.
Our engineers have built software leveraging an extensive range of Oracle Database features including:
- Oracle's "star transformation" which leverages bitmap indexes on the fact table to efficiently join multiple dimension tables in a single processing step
- Oracle Partitioning which allows a database to scale for very large datasets while maintaining consistent performance, without needing to increase hardware resources.
- Oracle parallel execution enables the database engine to take advantage of the ample CPU and IO resources in the ODA, particularly when applied to partitioned tables and indexes.
- Oracle Automated Workload Repository for realtime performance management.
- Oracle External Tables using DataPump technology.
- Oracle Scheduler for advanced job management capabilities.
- Oracle Flashback enabling job reset and restart capabilities.
- Oracle Workspace Manager to provide high concurrency content management systems.
Our database engineers have experience scaling databases vertically on multiprocessor Sun Sparc systems running Oracle Enterprise database, and horizontally on Linux clusters with multiple MySQL instances.Oracle Workspace Manager to provide high concurrency content management systems.
EC Wise programmers have implemented systems with java that integrate a variety of enterprise services through a common enterprise service bus, providing the ability to quickly assemble solutions that address diverse sets of requirements. We have experience with a variety of java messaging and business process management toolkits, as well as frameworks like Spring and JSF.


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ZARA Spring-Summer/ 2019
Zara as always on the front line with all latest fashion trends, which over and over again a piece of great news for all fashionistas that are watching after their hard-earned doubloons.
I can underline a very to-the-point trend with cycling sorts. I think this season Zara is rocking it: many variations of colors, patterns, and cool combination possibilities. Along with an additional benefit of very affordable pricing.
Patterns are also massive in Zara's collection SS2019 along with florals and animal prints.
While all significant designers place bows all over clothing and going the bigger, the better Zara decided on going with good old blouses with the bows, which frankly you could wear any time, but the questions remain is it really trendy then? Well, I am guessing it is definitely better than nothing.
Fashion houses like Escada, Gabriela Hearst, MaxMara and Gucci keep offering us to wear suits next aka up-coming season. Every year Zara realizes a good number of the suites that are worthwhile, I strongly recommend taking a look.


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Innkeeper's Lodge Exeter Clyst St George in Exeter
Official rating:
Customer rating: 8.5/10
Accommodation type: Hotel
Innkeeper's Lodge Exeter Clyst St George
The St George & Dragon Vintage Inn Clyst St George,
Book online
Just a few miles from Exeter this unique 19th century lodge offers characterful yet convenient budget accommodation in the heart of Devon. Originally a brewhouse skittle alley and stables The St George and Dragon now provides a handy base for exploring Dartmoor National Park or the unspoilt beaches of two coastlines. As well as 21 relaxing rooms it s home to a cosy traditional pub so if you love the food drink and atmosphere of a classic country inn you re in exactly the right place. Nestled in the pretty village of Clyst St George near Topsham the lodge is surrounded by farms and historic buildings including medieval Powderham Castle. Nature fans will love the acres of ancient moorland and the National s Trust s huge Killerton House Estate which are both just a short distance away. Exeter itself is also well worth a visit with its magnificent Gothic Cathedral mysterious medieval underground passages and bustling quayside area full of shops and bars.
More photos
Click to view more photos »
Local points of interest:
The following music venues, bars, clubs and restaurants are near to Innkeeper's Lodge Exeter Clyst St George:
- Dart Farm 195 yards away
- Cotswold Outdoor 322 yards away
- Pebblebed Vineyard 933 yards away
- Bowling Green Marsh 1032 yards away
- The Bridge Inn Topsham (Bar/Pub) 1064 yards away
- The Bridge Inn Topsham Devon (Live music venue) 1064 yards away
- RSPB - A Morning Trip To Bowling Green Marsh 1219 yards away
- RSPB Bowling Green Marsh Reserve (RSPB Events) 1219 yards away
- Timepiece (Live music venue) 1311 yards away
- Topsham (Railway Station) 1439 yards away
Find out more about the local clubs, bars, restaurants and points of interest: Nearby Area »
Location Map
To view a map of this hotel's location with local points of interest, please view the Hotel Location tab


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Today's episode
Clueless from the start, profits nil.....losses 8......Experts have no idea
Pete 12:05pm Mon 14 Oct Report Abuse
Another bloody ancient carpet sweeper. Great for anyone over 150 years old .
Beam me up scotty. 11:48am Tue 8 Oct Report Abuse
Turn off.
OG! An OTT gay . No need . I've got the message.
Molly 11:19am Fri 20 Sep Report Abuse
The teams should consist of one team of members of the public and the other of two experts. My money would be on the public to win.
Moose 9:39pm Tue 17 Sep Report Abuse
2 planks.
Plank and plank 2 serrell . Both full of sawdust and woodworm.
Dekker. 2:48pm Tue 17 Sep Report Abuse
alias Forrester and another repeat of the same episode......TV trash!
Mel 11:53am Tue 17 Sep Report Abuse
Aforementioned comment
I found this commenting site today(never heard this one existed), so you are on your own - try some other hobby or form of work!
Mel 2:20pm Mon 16 Sep Report Abuse
previous comment
karen 12:00pm Wed 31 Jul Report Abuse
natasha raskin
Always lovely
Dutchie 11:43am Wed 31 Jul Report Abuse
Prev comm
oscar is that you??
jenB 5:25pm Tue 30 Jul Report Abuse


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Enjoy this spacious tri-level home right along the middle branch of the Escanaba river. Plenty of room for family with 4 nice size bedrooms, two baths, large living room with wood burning fireplace (insulated wood box too) and a walkout family room in the lower level. The newly remodeled kitchen is bright and feels wonderful with all white cabinetry, dark counter tops, a movable island in the center, pantry with pull out shelving, soft close drawers and a brand new stainless refrig. You'll appreciate the deck just outside the living room, where you can pull out the attached awning for some shade during the warm summer months. New furnace in 2014 and 3 zone natural gas heat. The new septic field was just installed this year. This riverfront parcel is fabulous with lots of room to roam, nice trees and great views of the river. Fishing anyone? Who can resist an outdoor fire in the new fire pit during those summer and autumn evenings? Guys, you're going to love the 24x40 oversized 2 car garage with the heated & insulated workshop! Plus, there is a covered area in the back of the garage for your fishing boat or outdoor toys! Most rooms in the house have been freshly painted. New carpeting is being installed in the hall and stairways. All this house needs now are your own finishing touches!
|New Value: $165,000