Now showing items 140-159 of 290

    • Policy Interaction, Expectations and the Liquidity Trap 

      Evans, George W., 1949-; Honkapohja, Seppo, 1951- (University of Oregon, Dept. of Economics, 2003-04-30)
      We consider inflation and government debt dynamics when monetary policy employs a global interest rate rule and private agents forecast using adaptive learning. Because of the zero lower bound on interest rates, active ...
    • Policy Interaction, Learning and the Fiscal Theory of Prices 

      Evans, George W., 1949-; Honkapohja, Seppo, 1951- (University of Oregon, Dept. of Economics, 2002-08-03)
      We investigate both the rational explosive inflation paths studied by (McCallum 2001), and the classification of fiscal and monetary polices proposed by (Leeper 1991), for stability under learning of the rational expectations ...
    • Population Aging, Foreign Direct Investment, and Tax Competition 

      Davies, Ronald B.; Reed, Robert R. (Robert Ray), 1970- (University of Oregon, Dept of Economics, 2006-05-25)
      This paper studies the role of population aging for foreign direct investment and the strategic taxation of capital. Importantly, our theoretical model suggests that the labor market implications of aging differ from the ...
    • Privatizing the Commons and Economic Degradation 

      Ellis, Christopher J.; Birdyshaw, Edward Leon, 1969- (University of Oregon, Dept of Economics, 2005-05-01)
      We develop a dynamic model of the exploitation of an environmental resource with endogenous property rights. We are able to explain both the evolution of property rights and environmental quality. In some circumstances the ...
    • Prospect Theory in Choice and Pricing Tasks 

      Harbaugh, William; Krause, Kate; Vesterlund, Lise (University of Oregon, Dept. of Economics, 2002-07-20)
      The most distinctive prediction of prospect theory is the fourfold pattern (FFP) of risk attitudes. People are said to be (1) risk-seeking over low-probability gains, (2) risk-averse over low-probability losses, (3) ...
    • Race Differences in Cohort Effects on Nonmarital Fertility in the United States 

      Stone, Joe A. (Joe Allan), 1948-; Gray, Jo Anna; Stockard, Jean; O'Brien, Robert (University of Oregon, Dept of Economics, 2008-01)
      We employ newly developed methods to disentangle age, period and cohort effects on nonmarital fertility ratios (NFRs) from 1972 to 2002 for black and white women aged 20-44 in the United States. We focus on three cohort ...
    • Ranking State Fiscal Structures using Theory and Evidence 

      Bania, Neil; Stone, Joe A. (Joe Allan), 1948- (University of Oregon, Dept of Economics, 2007-06)
      This paper offers unique rankings of the extent to which fiscal structures of U.S. states contribute to economic growth. The rankings are novel in two key respects: they are well grounded in established growth theory, ...
    • Redistribution, horizontal inequity and reranking: how to measure them properly 

      Urban, Ivica; Lambert, Peter J. (University of Oregon, Dept of Economics, 2005-07-01)
      The decomposition of the redistributive effect of an income tax into vertical, horizontal and reranking contributions according to the model of Aronson, Johnson and Lambert (1994), henceforth AJL, is revisited. When close ...
    • Redistributive Effect of U.S. Taxes and Public Transfers, 1994-2004 

      Lambert, Peter J.; Kim, Kinam, 1970- (University of Oregon, Dept of Economics, 2007-02-06)
      In this study we derive measures of the redistributive effect of taxes and welfare expenditures for the U.S. using CPS data for the years 1994, 1999 and 2004. We find that whilst income inequality increased, the redistributive ...
    • Representations and Sunspot Stability 

      Evans, George W., 1949-; McGough, Bruce (University of Oregon, Dept of Economics, 2007-01-01)
      By endowing his agents with simple forecasting models, or representations, Woodford (1990) found that finite state Markov sunspot equilibria may be stable under learning. We show that common factor representations ...
    • Revisiting the Evidence on Trade Policy Preferences 

      Blonigen, Bruce A. (Bruce Aloysius) (University of Oregon, Dept of Economics, 2010-11)
      Past literature has found evidence that labor market attributes affect individuals’ trade policy preferences in a manner consistent with theories of international trade. This paper shows that, with the exception of ...
    • Ricardian Equivalence for Sub-national States 

      Gray, Jo Anna; Stone, Joe A. (Joe Allan), 1948- (University of Oregon, Dept of Economics, 2005-12-12)
      The authors test Ricardian equivalence within an endogenous growth model for U.S. states, which have high rates of migration relative to most countries. Results are consistent with both Ricardian equivalence and endogenous ...
    • The rising share of nonmarital births: A response to Ermisch, Martin, and Wu 

      Stone, Joe A. (Joe Allan), 1948-; Stockard, Jean; Gray, Jo Anna (University of Oregon, Dept of Economics, 2008-09)
      In a 2006 article in Demography, Jo Anna Gray, Jean Stockard and Joe Stone (GSSi)observe that among black women and white women ages 20 to 39, birth rates increased sharply for unmarried women over the period 1974 to ...
    • The rising share of nonmarital births: A response to Ermisch, Martin, and Wu 

      Gray, Jo Anna; Stockard, Jean; Stone, Joe A. (Joe Allan), 1948- (University of Oregon, Dept of Economics, 2008-09)
    • The Rising Share of Nonmarital Births: Fertility Choices or Marriage Behavior? 

      Gray, Jo Anna; Stockard, Jean; Stone, Joe A. (Joe Allan), 1948- (University of Oregon, Dept of Economics, 2004-11-01)
      Much of the sharp rise in the share of nonmarital births in the United States has been attributed to changes in the fertility choices of unmarried and married women - in response, it is often argued, to various public ...
    • Rock-Paper-Scissors; A New and Elegant Proof 

      Nouweland, Anne van den (University of Oregon, Dept of Economics, 2007-09-12)
      I provide an elegant proof identifying the unique mixed Nash equilibrium of the Rock-Paper-Scissors game. The proof is based on intuition rather than elimination of cases. It shows that for any mixed strategy other than ...
    • Scenario Adjustment in Stated Preference Research 

      Cameron, Trudy Ann; DeShazo, J. R.; Johnson, Erica H. (University of Oregon, Dept of Economics, 2009-11-22)
      Stated preference (SP) survey methods have been used increasingly to assess willingness to pay for a wide variety of non-market goods and services, including reductions in risks to life and health. Poorly designed SP ...
    • Self-Protection: Antidumping Duties, Collusion and FDI 

      Davies, Ronald B.; Liebman, Benjamin H., 1971- (University of Oregon, Dept. of Economics, 2003-11)
      It is well established that the threat of antidumping duties can help sustain collusion between a foreign firm and its domestic counterpart. However, when the foreign firm is a multinational, its subsidiary will fight ...
    • Self-Protection: Fragmentation of Headquarter Services and FDI 

      Davies, Ronald B. (University of Oregon, Dept of Economics, 2003-11)
      I develop a simple model in which production of skill-intensive headquarter services are fragmented across borders in order to take advantage of complementarities between types of skilled labor. This setting indicates that ...
    • Sequential procedures for poverty gap dominance 

      Zoli, Claudio; Lambert, Peter J. (University of Oregon, Dept of Economics, 2005-01-01)
      Poverty evaluations differ from welfare evaluations in one significant aspect, the existence of a threshold or reference point, the poverty line. It is therefore possible to build up normative evaluation models in which ...