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Economics Working Papers: Recent submissions

  • Blonigen, Bruce A.; Davies, Ronald B. (University of Oregon, Dept. of Economics, 2001-01-01)
    The effects of bilateral tax treaties on FDI activity have been unexplored, despite significant ongoing activities by countries to negotiate and ratify these treaties. This paper estimates the impact of bilateral tax ...
  • Harbaugh, William (University of Oregon, Dept. of Economics, 2001-06-01)
    Governments can and do adopt many policies that will improve the health and reduce the mortality risks of children. Given this, estimates of the value of improvements in children’s health and reductions in their mortality ...
  • Blonigen, Bruce A.; Kolpin, Van (University of Oregon, Dept. of Economics, 2001-06-01)
    The active "courting" of firms by municipalities, regions, and even nations has a long-standing history and the competition for firm location through a wide variety of incentives seems to have escalated to new heights in ...
  • Evans, George W., 1949-; Honkapohja, Seppo, 1951- (University of Oregon, Dept. of Economics, 2002-01-14)
    We consider the stability under adaptive learning of the complete set of solutions to the model x_i=beta(Ei*)(x_i+1) when |beat| >1. In addition to the fundamentals solution, the literature describes both finite-state ...
  • Evans, George W., 1949-; Ramey, Garey (University of Oregon, Dept. of Economics, 2001-11-29)
    A striking implication of the replacement of adaptive expectations by Rational Expectations was the "Lucas Critique," which showed that expectation parameters, and endogenous variable dynamics, depend on policy parameters. ...
  • Evans, George W., 1949-; Guesnerie, R. (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 ...
  • Evans, George W., 1949-; Honkapohja, Seppo, 1951- (University of Oregon, Dept. of Economics, 2001-08-03)
    A fundamentals based monetary policy rule, which would be the optimal monetary policy without commitment when private agents have perfectly rational expectations, is unstable if in fact these agents follow standard adaptive ...
  • Evans, George W., 1949-; Honkapohja, Seppo, 1951-; Marimon, Ramon, 1953- (University of Oregon, Dept. of Economics, 2002-10-25)
    We develop a monetary model with flexible supply of labor, cash in advance constraints and government spending financed by seignorage. This model has two regimes. One regime is conventional with two steady states. The other ...
  • Davies, Ronald B.; Ellis, Christopher J. (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 ...
  • Jackson, Matthew O.; Nouweland, Anne van den (University of Oregon, Dept. of Economics, 2001-06-01)
    We analyze the formation of networks among individuals. In particular, we examine the existence of networks that are stable against changes in links by any coalition of individuals. We show that to investigate the existence ...
  • Blonigen, Bruce A.; Park, Jee-Hyeong (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 ...
  • Davies, Ronald B. (University of Oregon, Dept. of Economics, 2000-05-01)
    When a multinational firm invests in a country, potential host states compete for the firm by offering firm-specific tax reductions. Critics blast such incentives as a prisoner’s dilemma that transfers rents to the firm ...
  • Chisik, Richard; Davies, Ronald B. (University of Oregon, Dept. of Economics, 2000-06-01)
    Bilateral international tax treaties govern the host country taxation for the vast majority of the world’s foreign direct investment (FDI). Of particular interest is the fact that the tax rates used under these treaties ...
  • Ellis, Christopher J.; Nouweland, Anne van den (University of Oregon, Dept. of Economics, 2000-02-01)
    We construct a market based mechanism that induces players in a non-cooperative game to make the same choices as characterize cooperation. We then argue that this mechanism is applicable to a wide range of economic questions ...
  • Davies, Ronald B. (University of Oregon, Dept of Economics, 2000-07-01)
    Some firms voluntarily abstain from using child labor, presumably in response to concerns about the welfare of overseas child workers. These firms do not, however, support banning the imports of competitors’ products ...
  • Krause, Kate; Harbaugh, William (University of Oregon, Dept. of Economics, 2001-06-01)
    This paper describes some simple economic experiments that can be done using children as subjects. We argue that by conducting experiments on children economists can gain insight into the origins of preferences, the ...
  • Lambert, Peter J.; Lanza, Giuseppe (University of Oregon, Dept. of Economics, 2003-06-10)
    We examine the effect on inequality of increasing one income, and show that for two wide classes of indices a benchmark income level or position exists, dividing upper from lower incomes, such that if a lower income is ...
  • Barron, John M.; Waddell, Glen R. (University of Oregon, Dept. of Economics, 2003-06-01)
    This paper examines the optimal compensation package for executives, in particular the optimal mix of stock options and stock grants, for an agent deciding whether to adopt or reject a plan of uncertain value. The compensation ...
  • Cameron, Trudy Ann (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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