Browsing CAEPR Working Papers by Issue Date

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  • 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, ...
  • 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 ...
  • Young-Ro, Yoon (Center for Applied Economics and Policy Research, 2007-07-30)
    In a model, two players, heterogeneous in their information quality, compete with each other with perfect information about the other player's information quality. If they can decide their timings of actions endogenously, ...
  • 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 ...
  • 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 ...
  • Yang, Shu-Chun Susan (Center for Applied Economics and Policy Research, 2007-10-10)
    This note provides a chronology of major tax events that involved changes in federal taxes on individual and corporate income from 1948 to 2006. For each event, the note provides background and policy motivation, major ...
  • 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 ...
  • von Furstenberg, George (Center for Applied Economics and Policy Research, 2007-11-07)
    The International Financial Services (IFS) industry is restructuring internally and by location. This paper outlines the economic forces and analytical methods that may be applied to examine the economic drivers of these ...
  • Page, Frank H. Jr.; Monteiro, Paulo K. (Center for Applied Economics and Policy Research, 2007-11-07)
    We model strategic competition in a market with asymmetric information as a noncooperative game in which each firm competes for the business of a buyer of unknown type by offering the buyer a catalog of products and prices. ...
  • Tran, Chung; Jung, Juergen (Center for Applied Economics and Policy Research, 2007-11-13)
    We investigate the effects of extending the coverage of social security to uncovered elderly individuals in the informal sector in developing countries. We use a stochastic overlapping generations framework and incorporate ...
  • Murray, James (Center for Applied Economics and Policy Research, 2007-11-21)
    This paper examines the empirical significance of learning, a type of adaptive, boundedly rational expectations, in the U.S. economy within the framework of the New Keynesian model. Two popular specifications of the model ...
  • 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 ...
  • McCarthy, Ian (Center for Applied Economics and Policy Research, 2008-01-24)
    We analyze an equilibrium search model in a duopoly setting with bilateral heterogeneities in production and search costs in which firms can advertise by announcing price and location. We study existence, stability, and ...
  • 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 ...
  • 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 ...
  • 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 ...
  • 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 ...
  • 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 ...
  • McCarthy, Ian (Center for Applied Economics and Policy Research, 2008-04-30)
    This paper studies advertising, price ceilings and taxes in a sequential search model with bilateral heterogeneities in production and search costs. We estimate equilibria using a genetic algorithm (GA) applied to over 100 ...
  • de Araujo, Pedro (Center for Applied Economics and Policy Research, 2008-04-30)
    Using U.S. cross-sectional data, this paper calculates the welfare cost of a 10% inflation for different individuals and finds that the difference in cost between the poorest 10%, measured by their expenditure share on ...

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