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Now showing items 20-39 of 159
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(University of Oregon, Dept of Economics, 2007-05)The authors employ a newly developed method to disentangle age, period and cohort effects on nonmarital fertility ratios (NFR) from 1972 to 2002 for U.S. women aged 20-44 – with a focus on three specific cohort factors: ...
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(University of Oregon, Dept. of Economics, 2003-03-31)Summarizes the Orphanides-Williams argument, locates the paper within the rapidly growing literature on learning and monetary policy, and offers specific comments on natural extensions or alternative approaches.
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(University of Oregon, Dept. of Economics, 2001-06-01)Tax incentives offered to attract firms engaged in foreign direct investment are often tied to performance requirements such as domestic content restrictions. The tax competition literature has repeatedly shown that ...
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(University of Oregon, Dept of Economics, 2003-09)The standard differentiated-product model with Nash-equilibrium price setting suggests that the density of sellers in a market can affect both a seller’s price elasticity of demand and a competitor’s reaction to a price ...
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(University of Oregon, Dept of Economics, 2006-07)Inefficient competition in emissions taxes creates benefits from international cooperation. In the presence of cross-border pollution, proximate (neighboring) countries may have greater incentives to cooperate than distant ...
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Cooperative Multicriteria Games with Public and Private Criteria; An Investigation of Core Concepts (University of Oregon, Dept. of Economics, 2001-06-01)A new class of cooperative multicriteria games is introduced which takes into account two different types of criteria: private criteria, which correspond to divisible and excludable goods, and public criteria, which in an ...
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(University of Oregon, Dept. of Economics, 2001-05-15)We investigate local strong rationality (LSR) in a one step forward looking univariate model with memory one. Eductive arguments are used to determine when common knowledge (CK) that the solution is near some perfect ...
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(University of Oregon, Dept of Economics, 2003-10-10)We examine local strong rationality (LSR) in multivariate models with both forward-looking expectations and predetermined variables. Given hypothetical common knowledge restrictions that the dynamics will be close to those ...
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(University of Oregon, Dept. of Economics, 2003-06-10)We develop a Ramsey type model of economic growth in which the "Engine of Growth" is public capital accumulation. Public capital is a public good, and is financed by taxes on private output. The government may either use ...
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(University of Oregon, Dept of Economics, 2005-03-01)Several empirical studies have found a negative relationship between corruption and the decentralization of the powers to tax and spend. In this paper we explain this phenomenon using a model of Yardstick Competition. ...
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(University of Oregon, Dept. of Economics, 2003-01-01)Distortions in private investment due to credit frictions, and in public investment due to corruption and bureaucratic inefficiencies, have both been suggested as important factors in accounting for the cross-country per ...
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(University of Oregon, Dept of Economics, 2004-09-01)The paper analyzes the choice of an exchange rate regime for a small open economy indebted in foreign currency, incorporating the ¯nancial accelerator. Conventional wisdom suggests that floating regimes should insulate the ...
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(University of Oregon, Dept of Economics, 2008-04-01)In this paper we combine Acemoglu's model of the economic origins of democracy with Lohmann's model of political mass protest. This alllows us to provide an analysis of the economic causes of political regime change ...
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(University of Oregon, Dept. of Economics, 2002-06-14)Determining the productivity of individual workers engaged in team production is difficult. Monitoring expenses may be high, or the observable output of the entire team may be some single product. One way to collect ...
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(University of Oregon, Dept. of Economics, 2003-11-01)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 ...
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(University of Oregon, Dept of Economics, 2008-10)We show in a theoretical model that benefits of allocating additional attention to evaluating the marginal attribute with in choice set depend upon the expected utility loss from making a suboptimal choice as a result ...
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(University of Oregon, Dept. of Economics, 2003-07-01)Failure to allow for directional heterogeneity can obscure otherwise statistically significant distance effects in hedonic property value models. If ambient pollution data are unavailable, researchers often rely upon ...
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(University of Oregon, Dept. of Economics, 2001-06-01)We explore the impact of bilateral tax treaties on foreign direct investment using data from OECD countries over the period 1982-1992. We find that recent treaty formation does not promote new investment, contrary to the ...
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(University of Oregon, Dept of Economics, 2010-08-04)This paper considers the Ricardian Equivalence proposition when expectations are not rational and are instead formed using adaptive learning rules. We show that Ricardian Equivalence continues to hold provided suitable ...
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(University of Oregon, Dept. of Economics, 2001-07-01)Antidumping (AD) duties are calculated as the difference between the foreign firm’s product price in the export market and some definition of "normal" or "fair" value, often the foreign firm’s product price in its own ...
Now showing items 20-39 of 159