Now showing items 74-93 of 290

    • Home Care Reimbursement, Long-term Care Utilization, And Health Outcomes 

      McKnight, Robin (University of Oregon, Dept. of Economics, 2004-03)
      Long-term care currently comprises almost 10% of national health expenditures and is projected to rise rapidly over coming decades. A key, and relatively poorly understood, element of long-term care is home health care. I ...
    • Hope for the Pell? The Impact of Merit-Aid on Needy Students 

      Singell, Larry D. Jr.; Waddell, Glen R.; Curs, Bradley R., 1977- (University of Oregon, Dept. of Economics, 2004-02)
      Prior empirical evidence finds that merit-aid programs such as the Georgia Hope Scholarship yield large and significant enrollment effects, whereas need-based aid programs such as the Pell Grant yield modest and often ...
    • Hunting High and Low for Vertical FDI 

      Davies, Ronald B. (University of Oregon, Dept. of Economics, 2002-08-01)
      Recently the two dominant models of foreign direct investment (FDI), the horizontal and vertical models, have been synthesized into the knowledge capital (KK) model. Empirical tests, however, have found that the horizontal ...
    • Immigration, FDI, and International Trade 

      Kim, Chong-Uk (University of Oregon, Dept of Economics, 2006-04)
      This paper examines the interactions among immigrants, inbound FDI, and imports in the U.S. In testing the patterns of international movements of factors of production, most existing analyses have omitted the role of ...
    • Impact of Transitory Income on Birth Weights: Evidence from a Blackout in Zanzibar 

      Burlando, Alfredo (University of Oregon, Dept of Economics, 2010-11-02)
      Do transitory income shocks affect infant health? I find evidence that birth weights fell following a temporary income reduction caused by an unexpected, month-long blackout in Zanzibar. Relying on 350 household surveys ...
    • Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia 

      Evans, George W., 1949-; McGough, Bruce (University of Oregon, Dept of Economics, 2006-06-03)
      We consider optimal monetary policy in New Keynesian models with inertia. First order conditions, which we call the MJB-alternative, are found to improve upon the timeless perspective. The MJB-alternative is shown to be ...
    • Indeterminacy and the Stability Puzzle in Non-Convex Economies 

      Evans, George W., 1949-; McGough, Bruce (University of Oregon, Dept. of Economics, 2002-07-25)
      We extend common factor analysis to a multi-dimensional setting by considering a bivariate reduced form consistent with many Real Business Cycle type models. We show how to obtain new representations of sunspots and find ...
    • Individual Option Prices for Climate Change Mitigation 

      Cameron, Trudy Ann (University of Oregon, Dept. of Economics, 2002-07-20)
      Willingness to pay for climate change mitigation depends on people's perceptions about just how bad things will get if nothing is done. Individual subjective distributions for future climate conditions are combined with ...
    • Industrial groupings and foreign direct investment 

      Blonigen, Bruce A. (Bruce Aloysius); Ellis, Christopher J.; Fausten, Dietrich (University of Oregon, Dept of Economics, 2003-03)
      We explore worldwide foreign direct investment location decisions by Japanese manufacturing firms from 1985 through 1991. Our conditional logit estimates provide evidence that firms’ location decisions are affected by ...
    • Inequality, Industrialization and Financial Structure 

      Chakraborty, Shankha; Ray, Tridip (University of Oregon, Dept. of Economics, 2003-01-01)
      We introduce monitored bank loans and non-monitored tradeable securities as sources of external finance for firms in a dynamic general equilibrium model. Due to frictions arising from moral hazard, access to credit and ...
    • Interval values for strategic games in which players cooperate 

      Carpente, Luisa; Casas-Mendez, Balbina; García-Jurado, I. (Ignacio); Nouweland, Anne van den (University of Oregon, Dept of Economics, 2005-09-22)
      In this paper we propose a method to associate a coalitional interval game with each strategic game. The method is based on the lower and upper values of finite two-person zero-sum games. We axiomatically characterize this ...
    • An Interview with Thomas J. Sargent 

      Evans, George W., 1949-; Honkapohja, Seppo, 1951- (University of Oregon, Dept of Economics, 2005-01-11)
      This is the text of an interview with Thomas J. Sargent. The interview will be published in Macroeconomic Dynamics.
    • Intrinsic Heterogeneity in Expectation Formation 

      Branch, William A.; Evans, George W., 1949- (University of Oregon, Dept. of Economics, 2003-05-16)
      We introduce the concept of a Misspecification Equilibrium to dynamic macroeconomics. Agents choose between a list of misspecified econometric models and base their selection on relative forecast performance. A Misspecification ...
    • Learning about Risk and Return: A Simple Model of Bubbles and Crashes 

      Branch, William A.; Evans, George W., 1949- (University of Oregon, Dept of Economics, 2008-01-31)
      This paper demonstrates that an asset pricing model with least-squares learning can lead to bubbles and crashes as endogenous responses to the fundamentals driving asset prices. When agents are risk-averse they generate ...
    • Learning and Macroeconomics 

      Honkapohja, Seppo, 1951-; Evans, George W., 1949- (University of Oregon, Dept of Economics, 2008-07-11)
      Expectations play a central role in modern macroeconomic theories. The econometric learning approach models economic agents as forming expectations by estimating and updating forecasting models in real time. The learning ...
    • Learning, the Forward Premium Puzzle and Market Efficiency 

      Chakraborty, Avik, 1975- (University of Oregon, Dept of Economics, 2004-10-01)
      The Forward Premium Puzzle is one of the most prominent empirical anomalies in international finance. The forward premium predicts exchange rate depreciation but typically with the opposite sign and smaller magnitude than ...
    • Liquidity Traps, Learning and Stagnation 

      Evans, George W., 1949-; Guse, Eran A. (Eran Alan), 1975-; Honkapohja, Seppo, 1951- (University of Oregon, Dept of Economics, 2007-06-05)
      We examine global economic dynamics under learning in a New Keynesian model in which the interest-rate rule is subject to the zero lower bound. Under normal monetary and fiscal policy, the intended steady state is locally ...
    • Mandatory Minimum Sentencing, Drug Purity and a Test of Rational Drug Use 

      Davies, Ronald B. (University of Oregon, Dept of Economics, 2003-04-10)
      As of 1987, the Anti-Drug Abuse Act (ADAA) has imposed mandatory minimum sentences for drug traffickers based on the quantity of the drug involved regardless of its purity. Using the STRIDE dataset on drug arrests and a ...
    • Measuring the Pro-Poorness of Income Growth Within an Elasticity Framework 

      Essama-Nssah, B. (Boniface), 1949-; Lambert, Peter J. (University of Oregon, Dept of Economics, 2006-09-22)
      Poverty reduction has become a fundamental objective of development, and therefore a metric for assessing the effectiveness of various interventions. Economic growth can be a powerful instrument of income poverty reduction. ...
    • A Mechanism for Inducing Cooperation in Non-Cooperative Environments: Theory and Applications 

      Ellis, Christopher J.; Nouweland, Anne van den (University of Oregon, Dept. of Economics, 2000-02-01)
      We construct a market based mechanism that induces players in a non-cooperative game to make the same choices as characterize cooperation. We then argue that this mechanism is applicable to a wide range of economic questions ...