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Causation, Spending, and Taxes: Sand in the Sandbox or Tax Collector for the Welfare State?
(1992)
Causal relations between federal expenditure and taxation are analyzed using an approach
based on the invariance of econometric relationships in the face of structural interventions.
Institutional evidence for interventions ...
Relative Wages, Rationality, and Involuntary Unemployment in Keynes's Labor Market
(1995)
The reputation of John Maynard Keynes’s General Theory of Employment, Interest, and
Money as a badly written book is often exaggerated. But if it is deserved at all,
it is because of parts such as chapter 2, “The Postulates ...
The Organization of Buyer-Driven Global Commodity Chains: How U.S. Retailers Shape Overseas Production Networks.
(Commodity Chains and Global Capitalism, 1994)
Patient Welfare and Patient Compliance: An Empirical Framework for Measuring the Benefits from Pharmaceutical Innovation
(1999)
The main goal of this paper is to develop an empirical framework for evaluating the
patient welfare benefits arising from pharmaceutical innovation. Extending previous
studies of the welfare benefits from innovation (Trajtenberg, ...
Global Production Systems and Third World Development.
(Global Change, Regional Response: The New International Context of Development, 1995)
Variety, Spillovers and Market Structure in a Model of Endogenous Technological Change
(1995)
economy where oligopolistic firms establish in-house R&D programs to produce a continuous
flow of cost-reducing (incremental) innovations. The scale of firms' R&D operations
determines the rate of productivity growth. I ...
Big Business and the State.
(Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia, 1990)
Heptahelical receptor signaling: beyond the G protein paradigm.
(J Cell Biol, 1999-05-31)
The Economics of Breakdowns, Checkups, and Cures
(1995)
A market in which the owner of a durable good, X, contracts with an expert for diagnostic
and treatment services is studied. Good X may be in one of three states: health, disease,
or failure. Only experts can determine whether ...