Now showing items 61-70 of 217
Automatic inference of the contemporaneous causal order of a system of equations
(Econometric Theory, 2005-02-01)
Mobility, targeting, and private-school vouchers
(American Economic Review, 2000-03-01)
This paper uses general-equilibrium simulations to explore the role of residential mobility in shaping the impact of different private-school voucher policies. The simulations are derived from a three-district model of low-, ...
Capital Trading, Stock Trading, and the Inflation Tax on Equity
(Review of Economic Dynamics, 2001-07-01)
A market for used capital goods, or financial instruments that represent the ownership of the used capital goods, induces inflation taxes on wealth and on the nominal income flows that they provide. This paper explicitly ...
Isotone equilibrium in games of incomplete information
An isotone pure strategy equilibrium exists in any game of incomplete information in which each player's action set is infinite sublattice of multidimensional Euclidean space, types are multidimensional and atomless, and ...
Economics and identity
(Quarterly Journal of Economics, 2000-08-01)
This paper considers how identity, a person's sense of self, affects economic outcomes. We incorporate the psychology and sociology of identity into an economic model of behavior. In the utility function we propose, identity ...
Multicointegration and sustainability of fiscal practices
(Economic Inquiry, 2005-09-12)
Using multicointegration methodology, we develop criteria for testing sustainability of fiscal budgeting processes across all states of nature. Criteria are derived from the optimal control literature where levels and rates ...
Currency crises and contingent liabilities
(Journal of International Economics, 2004-01-01)
A contingent liability is a future spending commitment that is realized with some probability. International organizations emphasize the dangers of contingent liabilities when providing advice. Why? One answer is obvious-if ...
Modeling endogenous technological change for climate policy analysis
(Energy Economics, 2008-11-01)
The approach used to model technological change in a climate policy model is a critical determinant of its results in terms of the time path of CO2 prices and costs required to achieve various emission reduction goals. We ...
Survival expectations of the obese: Is excess mortality reflected in perceptions?
(Obes Res, 2005-04)
OBJECTIVE: This study compared self-reported subjective life expectancy (i.e., probability of living to age 75) for normal-weight, overweight, and obese weight groups to examine whether individuals are internalizing information ...
Building criminal capital behind bars: Peer effects in juvenile corrections
(Quarterly Journal of Economics, 2009-02-01)
This paper analyzes the influence that juvenile offenders serving time in the same correctional facility have on each other's subsequent criminal behavior. The analysis is based on data on over 8,000 individuals serving ...