Browsing Center for Applied Economics and Policy Research by Subject "CAEPR"

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  • Glomm, Gerhard; Kawaguchi, Daiji; Sepulveda, Facundo (2007-01-03)
    This paper examines a revenue neutral green tax reform along the lines of the Double Dividend hypothesis. Using a dynamic general equilibrium model calibrated to the US economy, we find that increasing gasoline taxes and ...
  • Arcalean, Calin; Glomm, Gerhard; Schiopu, Ioana (Center for Applied Economics and Policy Research, 2007-01-31)
    We develop a two-region, two sector model with migration and public investment in infrastructure and education. In a numerical example calibrated to Portugal, we find that the structural funds can improve the growth rate ...
  • Walker, Todd B. (2006-09-29)
    Accommodating asymmetric information in a dynamic asset pricing model is technically challenging due to the problems associated with higher-order expectations. That is, rational investors are forced into a situation where ...
  • Murray, James (Center for Applied Economics and Policy Research, 2008-06-13)
    This paper examines how the estimation results for a standard New Keynesian model with constant gain least squares learning is sensitive to the stance taken on agents beliefs at the beginning of the sample. The New Keynesian ...
  • Alvarez, Roberto; Lopez, Ricardo (2006-10-23)
    This paper investigates whether exporting generates positive productivity spillover effects on other plants operating in the same industry and whether exporting affects productivity of plants in vertically related industries. ...
  • Escanciano, Juan Carlos (Center for Applied Economics and Policy Research, 2007-06-12)
    This article proposes a general class of joint and marginal diagnostic tests for parametric conditional mean and variance models of possibly nonlinear non-Markovian time series sequences. The use of joint and marginal tests ...
  • Jung, Juergen; Tran, Chung (Center for Applied Economics and Policy Research, 2008-04-11)
    We analyze whether a consumer driven health care plan like the newly established Health Savings Accounts (HSAs) can reduce health care expenditures in the United States and increase the fraction of the population with ...
  • Tran, Chung; Jung, Juergen (Center for Applied Economics and Policy Research, 2007-10-25)
    We analyze whether a consumer driven health care plan like the newly established Health Savings Accounts (HSAs) can reduce health care expenditures in the United States and increase the fraction of the population with ...
  • Baker, Ronald J., II; Walker, James M.; Williams, Arlington W. (2006-09-29)
    Laboratory experiments are used to study the voluntary provision of a pure public good in the presence of an anonymous external donor. The external funds are used in two different settings, lump-sum matching and one-to-one ...
  • Aytac, Ozlem (Center for Applied Economics and Policy Research, 2008-01-16)
    The literature on the exchange-rate-based stabilization has focused almost exclusively in Latin America. Many other countries however, such as Egypt, Lebanon and Turkey; have undertaken this sort of programs in the last ...
  • Faruq, Hasan (2006-11-27)
    This paper examines why different countries export different qualities of products. Previous studies have attributed quality dispersion to differences in factor endowments while no empirical work has been done examining ...
  • Plante, Michael (Center for Applied Economics and Policy Research, 2008-04-17)
    This paper examines exchange rate management issues when a small open economy is hit by an exogenous oil price shock. In this model consumer durables play an important role in the demand for oil and oil based products as ...
  • Plante, Michael (Center for Applied Economics and Policy Research, 2008-04-10)
    This paper examines exchange rate management issues when a small open economy is hit by an exogenous oil price shock. In this model consumer durables play an important role in the demand for oil and oil based products as ...
  • Millimet, Daniel; Tchernis, Rusty (2006-10-17)
    The use of propensity score methods for program evaluation with non-experimental data typically requires the propensity score be estimated, often with a model whose specification is unknown. While theoretical results ...
  • von Furstenberg, George (Center for Applied Economics and Policy Research, 2008-04-03)
    Overpromising remains ingrained in international agreements, clouding their expected aggregate outcomes and how to assess the Parties’ performance. This paper provides a theory-based explanation and evaluation of this ...
  • Arcalean, Calin; Glomm, Gerhard; Schiopu, Ioana; Suedekum, Jens (Center for Applied Economics and Policy Research, 2007-07-26)
    We present a dynamic two-region model with overlapping generations. There are two types of public expenditure, education and infrastructure funding, and governments decide optimally on budget size (tax rate) and its ...
  • Murray, James (Center for Applied Economics and Policy Research, 2008-04-30)
    This paper examines the "bad luck" explanation for changing volatility in U.S. inflation and output when agents do not have rational expectations, but instead form expectations through least squares learning with an ...
  • Schmidt, David; Shupp, Robert; Walker, James (Center for Applied Economics and Policy Research, 2006-08-29)
    Across many forms of rent seeking contests, the impact of risk aversion on equilibrium play is indeterminate. We design an experiment to compare individuals’ decisions across three contests which are isomorphic under ...
  • Chamarbagwala, Rubiana; Tchernis, Rusty (2006-10-23)
    This paper aims to summarize the unexplained propensity of children to engage in work, school, or neither. After controlling for a wide range of determinants of child labor, schooling, and idleness, we estimate a hierarchical ...
  • McCarthy, Ian; Tchernis, Rusty (Center for Applied Economics and Policy Research, 2008-04-03)
    There is increasing evidence suggesting that Medicare beneficiaries do not make fully informed decisions when choosing among alternative Medicare health plans. To the extent that deciphering the intricacies of alternative ...

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