Now showing items 51-60 of 217
Modeling economy-wide vs sectoral climate policies using combined aggregate-sectoral models
(Energy Journal, 2006-07-25)
Economic analyses of climate change policies frequently focus on reductions of energy-related carbon dioxide emissions via market-based, economy-wide policies. The current course of environment and energy policy debate in ...
Misusing history: A minisymposium
(History of Political Economy, 2005-06-01)
Alternative models for stock price dynamics
(Journal of Econometrics, 2003-09-01)
This paper evaluates the role of various volatility specifications, such as multiple stochastic volatility (SV) factors and jump components, in appropriate modeling of equity return distributions. We use estimation technology ...
Semiparametric estimation of nonstationary censored panel data models with time varying factor loads
(Econometric Theory, 2008-10-01)
We propose an estimation procedure for a semiparametric panel data censored regression model in which the error terms may be subject to general forms of nonstationarity. Specifically, we allow for heteroskedasticity over ...
Hospital Ownership Conversions: Defining the Appropriate Public Oversight Role
(Forum for Health Economics & Policy, 2002-01)
This paper reviews recent empirical evidence on the effects of hospital ownership conversions on quality of care and provision of public goods, such as uncompensated care, and presents new results on these topics based on ...
Are mature smokers misinformed?
(J Health Econ, 2009-03)
While there are many reasons to continue to smoke in spite of its consequences for health, the concern that many smoke because they misperceive the risks of smoking remains a focus of public discussion and motivates tobacco ...
The vanity of the economist: A comment on Peart and Levy's the "Vanity of the Philosopher"
(American Journal of Economics and Sociology, 2008-07-01)
In the Vanity of the Philosopher, Sandra Peart and David Levy reconsider "postclassical" economics from the vantage point of Adam Smith's "analytical" egalitarianism. Analytical egalitarianism is assumed, not proved; and ...
Aid, policies, and growth
(American Economic Review, 2000-09-01)
This paper uses a new database on foreign aid to examine the relationships among foreign aid, economic policies, and growth of per capita GDP. We find that aid has a positive impact on growth in developing countries with ...
Fiscal shocks and their consequences
(Journal of Economic Theory, 2004-03-01)
This paper investigates the response of hours worked and real wages to fiscal policy shocks in the post-World-War II US. We identify these shocks with exogenous changes in military purchases and argue that they lead to a ...
Partial identification and testable restrictions in multi-unit auctions
(JOURNAL OF ECONOMETRICS, 2008-09)