Browsing CAEPR Working Papers by Title

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  • Park, Seok Gil (Center for Applied Economics and Policy Research, 2007-02-21)
    Sterilized foreign exchange market interventions have been suspected of being inefficient by many empirical studies, but they are plagued by endogeneity problems. To solve the problems, this paper identifies a system that ...
  • Escanciano, Juan Carlos; Velasco, Carlos (Center for Applied Economics and Policy Research, 2008-08-15)
    This article proposes omnibus specification tests of parametric dynamic quantile regression models. Contrary to the existing procedures, we allow for a flexible and general specification framework where a possibly continuum ...
  • Yoon, Young-Ro (Center for Applied Economics and Policy Research, 2008-08-25)
    Can valuable information be disclosed intentionally by the informed agent even within a competitive environment? In this article, we bring our interest into the asymmetry in reward and penalty in the payoff structure and ...
  • Young-Ro, Yoon (Center for Applied Economics and Policy Research, 2007-07-02)
    In this article, we deal with the topic of intentional information spillover using a model in which both informational- and payoff-externalities are present and the timing of agents' actions is endogenous. In this model, ...
  • Lopez, Ricardo; Suedekum, Jens (Center for Applied Economics and Policy Research, 2007-09-11)
    We use disaggregated data on Chilean plants, and the Chilean input-output table to examine the impact of agglomeration spillovers on total factor productivity (TFP). In common with previous studies, we find evidence of ...
  • Lee, Changmin (Center for Applied Economics and Policy Research, 2007-05-22)
    I analyze directorships held by CEOs who retired during 1989-1993 and during 1998-2002. My results suggest that retired CEOs became more popular on boards. Also, although pre-retirement accounting performance helps explain ...
  • Lee, Changmin (Center for Applied Economics and Policy Research, 2007-05-22)
    This paper develops a matching model in the director market with outside options to explain the equilibrium board quality. Based on Hermalin (2005) and Gabaix and Landier (2006), the board of directors has the function of ...
  • Lee, Changmin (Center for Applied Economics and Policy Research, 2007-08-14)
    This paper develops a matching model in the director market with outside options to explain the equilibrium board quality. Based on Hermalin (2005) and Gabaix and Landier (2006), the board of directors has the function of ...

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