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An Econometric Business Cycle Model with Rational Expectations: Policy Evaluation Results.
On the Possibility and Desirability of Stabilization Policy: A Comment.
Policy Analysis with a Multicountry Model.
This article provides new evidence on the determinants of individual trade-policy preferences using individual-level survey data for the United States. There are two main empirical results. First, we ...
Proximity enables firms to take advantage of knowledge spill-overs and exploit supplierdemand linkages with other entities engaged in related activities. Cluster strength thus seems to be one of the i...
The fundamental goal of economic policy is to enhance competitiveness, which is reflected in the productivity with which a nation or region utilizes its people, capital, and natural endowments to prod...
We examine how trade policy affects firms' organizational choices. We embed a model of firms' vertical integration decisions into a standard perfectly-competitive international trade framework. In the...
Presentation delivered at the Richard Ivey School of Business, Toronto, Canada.
2003This presentation draws on ideas from Professor Porter's articles and books, in particular, The Competitive Advantage of Nations(The Free Press, 1990), "Building the Microeconomic Foundations of C...
Calculating the welfare implications of changes to economic policy or shocks to the economy requires economists to decide on a normative criterion. One way to make that decision is to elicit the relev...
What restrictions should be placed on advertising agencies with respect to serving accounts or clients that are competitors of one another in order to avoid conflicts in interest? In recent decades, t...
Policies that would create net benefits for society but would also involve costs frequently lack the necessary support to be enacted because losses loom larger than gains psychologically. To reduce th...
Most empirical research in health economics is conducted with the goal of providing scientific evidence that will serve to inform current and future health policy. The use of parametric nonlinear ...
Using data from the Survey of Income and Program Participation (SIPP), we study the health insurance and labor market implications of the recent Affordable Care Act (ACA) provision that allows depende...
There is considerable debate regarding the implications of technological change for economic policy and the appropriate policies and programs regarding research, innovation, and the commercialization ...

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