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This book helps explain the puzzle.
It may explain the puzzle the Institute for Fiscal Studies leaves unanswered in its analysis.
We explained the puzzle by pointing to the high value of the guilder, then the Dutch currency.
This explains the puzzle in the existing studies regarding the high frequency of contact use among the disadvantaged in the labor market, despite the few resources conveyed through their social ties (Lin 1999, 2001).
In fact, as discussed in the introduction, positive concealment costs κ l >0 such that p α+κ l >z could potentially explain the puzzle of why we observe a relatively small informal sector although we, at the same time, observe rather low audit rates and fairly modest fines, i.e. p α<z.
There is an intricate mathematical theory that explains the puzzle.
And this is true not just among shareholders as a group (which might be solely the result of greater average wealth), but also in each separate income bracket.This may go some way to explaining the central puzzle of the campaign: why isn't Al Gore doing better?
This study contributes in identifying individual auditors as being another determinant explaining the 'undersheltering puzzle'.
These factors might be particularly important for explaining the fertility employment puzzle in Eastern Europe.
Finally, we identify the channels through which the distribution of beliefs and other microeconomic characteristics (incomes, attitudes toward risk) across investors impact the pricing of risky assets an may contribute to explaining the equity premium puzzle.
Knowledge of the relationship between age at immigration and the length of time until the first job of substantial importance is obtained has the potential to be a piece in the puzzle explaining the weak labor market position of many immigrants to Sweden and is one motivation for this study.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com