Working Papers 2006 And Prior
2006
- UWEC-2006-01-P - Equilibrium Consumption and Precautionary Savings in a Stochastically Growing Economy, by Stephen Turnovsky; William Smith. Published in Journal of Economic Dynamics and Control
- UWEC-2006-02-P - Excludable and Non-excludable Public Inputs: Consequences for Economic Growth, by Ott Ingrid; Stephen Turnovsky. Published in Economica
- UWEC-2006-03-P - Feedback Approximation of the Stochastic Growth Model by Genetic Neural Networks, by Sibel Sirakaya; Stephen Turnovsky; N.M. Alemdar. Published in Computational Economics
- UWEC-2006-04-P - Growth and Income Inequality: A Canonical Model, by Cecilia Garcia-Penalosa; Stephen Turnovsky. Published in Economic Theory
- UWEC-2006-05 - For a list of Theo Eicher's working papers please click here, by Theo Eicher
- UWEC-2006-06 - The Clark Model with Correlated Components, by Kum Hwa Oh; Eric Zivot
- UWEC-2006-07-P - The Zero-Information-Limit-Condition and Spurious Inference in Weakly Identified Models, by Charles Nelson; Richard Startz. Published in Journal of Econometrics | View Abstract
- UWEC-2006-08-R - A Structural Analysis of Price Discovery Measures, by Bingcheng Yan; Eric Zivot. Revised April 2007 | View Abstract
- UWEC-2006-10-FC - Binomial Autoregressive Moving Average Models with an Application to U.S. Recessions , by Richard Startz. Forthcoming in Journal of Business and Economic Statistics | View Abstract
- UWEC-2006-11-R - A Closed-Form Asymptotic Variance-Covariance Matrix for the Maximum Likelihood Estimator of the GARCH(1,1) Model, by Jun Ma. Revised October 2006 | View Abstract
- UWEC-2006-12 - Is There a Structural Break in the Risk Free Interest Rate Dynamics? , by Jun Ma | View Abstract
- UWEC-2006-13-P - Business-Cycle Filtering of Macroeconomic Data Via A Latent Business-Cycle Index, by Michael Dueker, Federal Reserve Bank of St. Louis; Charles Nelson. Published in Macroeconomics Dynamics | View Abstract
- UWEC-2006-14-P - Spurious Inference in the GARCH(1,1) Model When It Is Weakly Identified, by Jun Ma; Charles Nelson; Richard Startz. Published in Studies in Nonlinear Dynamics & Econometrics | View Abstract
- UWEC-2006-16 - The Relationship between the Beveridge-Nelson Decomposition andUnobserved Component Models with Correlated Shocks, by Kum Hwa Oh, Bank of Korea; Eric Zivot, University of Washington; Drew Creal, Free University Amsterdam | View Abstract
- UWEC-2006-17 - A Comparison of Univariate Stochastic Volatility Models for U.S. Short Rates Using EMM Estimation, by Ying Gu; Eric Zivot | View Abstract
- UWEC-2006-18 - Evaluating Structural Models for the U.S. Short Rate Using EMM and Particle Filters, by Drew Creal; Ying Gu; Eric Zivot | View Abstract
- UWEC-2006-19-R - Gone With the Wind? Hurricane Risk, Fertility and Education, by Claus Portner. Revised February 2008 | View Abstract
- UWEC-2006-21-R - Consumption Persistence and the Equity Premium Puzzle: A Resolution or Not? (Job Market Paper), by Jun Ma. Revised November 2006 | View Abstract
- UWEC-2006-22 - A General Approach to Constructing a Valid Test in Weakly Identified Models Where Zero-Limit-Information Condition (ZILC) Holds, by Jun Ma; Charles Nelson
- UWEC-2006-23 - Evaluating the Impact of Financial Development to Economic Performance When Instruments Are Weak, by Jun Ma
- UWEC-2006-24 - Contract Completeness, Product Complexity, and Regulation: Evidence from Coal-Fired Power Plants, by Maria Kozhevnikova; Ian Lange
- UWEC-2006-26-FC - Consumption Externalities, Production Externalities, and Efficient Capital Accumulation under Time Non-Separable Preferences, by Stephen Turnovsky; Goncalo Monteiro. Forthcoming in European Economic Review
- UWEC-2006-27-FC - Growth, Income Inequality, and Fiscal Policy: What are the Relevant Tradeoffs?, by Cecilia Garcia-Penalosa; Stephen Turnovsky. Forthcoming in Journal of Money, Credit, and Banking
Prior Years
- UWEC-2002-01 - Why Are Beveridge-Nelson and Unobserved-Component Decompositions of GDP So Different?, by James Morley, Washington University in St. Louis; Charles Nelson, University of Washington; Eric Zivot, University of Washington. Published in Review of Economics and Statistics | View Abstract
- UWEC-2002-02 - Why Were Changes in the Federal Funds Rate Smaller in the 1990s?, by Arabinda Basistha, University of Washington; Richard Startz, University of Washington. Forthcoming in Journal of Applied Econometrics | View Abstract
- UWEC-2002-03 - A Markov Switching Model of Congressional Partisan Regimes, by Bryan Jones; Chang-Jin Kim; Richard Startz | View Abstract
- UWEC-2002-05 - Optimal Partially Reversible Investment, by Richard Hartman; Michael Hendrickson. Published in Journal of Economic Dynamics and Control
- UWEC-2002-06 - Relative Price Variability and Inflation, by Richard Hartman. Published in Journal of Money, Credit, and Banking
- UWEC-2002-07-P - Production Risk and the Functional Distribution of Income in a Developing Economy: Tradeoffs and Policy Responses, by Cecilia Garcia-Penalosa; Stephen Turnovsky. Published in Journal of Development Economics
- UWEC-2002-08-P - Substitutability of Capital, Investment Costs, and Foreign Aid, by Santanu Chatterjee; Stephen Turnovsky. Published in Econ.Growth. and Macro Dyn. Dowrick et al. eds, CUP
- UWEC-2002-09 - Savings and Portfolio Decisions: Observable implications with Knightian Uncertainty, by Wen-Fang Liu
- UWEC-2002-10 - Knightian Uncertainty and the Voting Paradox, by Cyrus Chu; Wen-Fang Liu
- UWEC-2002-11 - Heterogeneous Agent Economies with Knightian Uncertainty, by Wen-Fang Liu
- UWEC-2002-13-P - Consumption Externalities, Production Externalities, and the Accumulation of Capital, by Wen-Fang Liu; Stephen Turnovsky. Published in Journal of Public Economics | View Abstract
- UWEC-2002-14-P - Renewable Resources in an Endogenously Growing Economy, by Ludvik Eliasson; Stephen Turnovsky. Published in Journal of Environmental Economics and Management
- UWEC-2002-16 - Transaction Costs and Contract Choice, by Yoram Barzel | View Abstract
- UWEC-2002-17-P - Sectoral Adjustment Costs and Real Exchange Rate Dynamics in a Two-Sector Dependent Economy, by A.K.M. Mahbub Morshed; Stephen Turnovsky. Published in Journal of International Economics
- UWEC-2002-18-P - Why are Beveridge-Nelson and Unobserved-component decompositions of GDP so Different?, by James Morley; Charles Nelson; Eric Zivot. Published in Review of Economics and Statistics | View Abstract
- UWEC-2002-19-P - To Spend the US Government Surplus or to Increase the Deficit? A Numerical Analysis of the Policy Options, by Stephen Turnovsky; Santanu Chatterjee. Published in Journal of the Japanese and International Economies
- UWEC-2002-20-P - Intertemporal Substitution, Risk Aversion, and Economic Performance in a Stochastically Growing Open Economy, by Paola Giuliano; Stephen Turnovsky. Published in Journal of International Money and Finance
- UWEC-2002-21-P - Bayesian and Classical Approaches to Instrumental Variable Regression, by Frank Kleibergen; Eric Zivot. Published in Journal of Econometrics | View Abstract
- UWEC-2002-22-P - The Transitional Dynamics of Fiscal Policy: Long-run Capital Accumulation and Growth, by Stephen Turnovsky. Published in Journal of Money, Credit, and Banking
- UWEC-2003-01-P - Optimal Task Design: to integrate or separate planning and implementation?, by Fahad Khalil; Doyoung Kim; Dongsoo Shin. Published in Journal of Economics and Management Strategy | View Abstract
- UWEC-2003-02-FC - Incentives for Corruptible Auditors in the Absence of Commitment, by Fahad Khalil; Jacques Lawarree. Forthcoming in Journal of Industrial Economics
- UWEC-2003-04-P - Monitoring a Common Agent: implications for financial contracting, by Fahad Khalil; Bruno Parigi; David Martimort. Published in Journal of Economic Theory | View Abstract
- UWEC-2003-11 - The Prospects for Expansion of Trade in Oil and Gas in Northeast Asia , by Judith Thornton
- UWEC-2003-12 - Patent Litigation Settlements, by Keith Leffler. Forthcoming in Research in Law and Economics
- UWEC-2003-13 - Appendix to Patent Litigation Settlements, by Keith Leffler. Forthcoming in Research in Law and Economics
- UWEC-2003-14 - Probabilistic Patent Rights, by Keith Leffler. Forthcoming in Antitrust Magazine
- UWEC-2003-17-R - Child Gender and Father Involvement in Fragile Families, by Elaina Rose; Shelly Lundberg; Sara McLanahan
- UWEC-2003-18 - Investments in Sons and Daughters: Evidence from the Consumer Expenditures Survey, by Elaina Rose. Forthcoming in In Family Investments in Children: Resources and Behaviors that Promote Success,
- UWEC-2003-19 - "Decomposition of Distributional Impacts of Sectoral Growth and Some Policy Imperatives: A SAM-Based Investigation” , by Abdul Basher. Published in The Bangladesh Development Studies”, September -December 1997; Nos. 3&4.
- UWEC-2003-20 - Partial Adjustment As Optimal Response in a Dynamic Brainard Model, by Richard Startz | View Abstract
- UWEC-2003-25 - Measuring the Determinants of Average and Marginal Bank Interest Rate Spreads in Chile, 1994-2001, by Philip Brock; Helmut Franken | View Abstract
- UWEC-2003-27 - Sakhalin Energy: Committing to an Energy Project, Is There a Successful Strategy?, by Judith Thornton
- UWEC-2003-28 - Incentives and Performance of Russian Regional Government Officials, by Judith Thornton
- UWEC-2003-30 - See my webpage, by Sibel Sirakaya | View Abstract
- UWEC-2003-35-P - Third Party Purchasing of Health Services: Patient Choice and Agency, by Fahad Khalil; Martin Chalkley. Published in Journal of Health Economics | View Abstract
- UWEC-2003-36 - The Dynamic Relationship Between Permanent and Transitory Components of U.S. Business Cycle, by Chang-Jin Kim, Korea University; Jeremy Piger, Board of Governors; Richard Startz, UW | View Abstract
- UWEC-2004-01 - Different Property Rights Regimes in the Lake Victoria Multiple Species Fishery, by Gardner Brown; B. Berger; M. Ikiara
- UWEC-2004-03-FC - The Zero-Information-Limit Condition and Spurious Inference in Weakly Identified Models, by Charles Nelson; Richard Startz. Forthcoming in Journal of Econometrics | View Abstract
- UWEC-2004-05-P - Second-Best Optimal Taxation of Capital and Labor in a Developing Economy, by Cecilia Garcia-Penalosa; Stephen Turnovsky. Published in Journal of Public Economics
- UWEC-2004-06-P - Macroeconomic Volatility and Income Inequality in a Stochastically Growing Economy, by Cecilia Garcia-Penalosa; Stephen Turnovsky. Published in N. Salvadori (ed.) Economic Growth and Income Distribution, Edward Elgar, Cheltenham, UK
- UWEC-2004-07-FC - Foreign Aid and Economic Growth: The Role of flexible Labor Supply, by Santanu Chatterjee; Stephen Turnovsky. Forthcoming in Journal of Development Economics | View Abstract
- UWEC-2004-08-P - The Welfare Gains from Stabilization in a Stochastically Growing Economy with Idiosyncratic Shocks and Flexible Labor Supply, by Stephen Turnovsky; Marcelo Bianconi. Published in Macroeconomic Dynamics
- UWEC-2004-09-P - Habit Formation, Catching Up with the Joneses, and Economic Growth, by Francisco Alvarez-Cuadrado; Goncalo Monteiro; Stephen Turnovsky. Published in Journal of Economic Growth
- UWEC-2004-11 - The Secondary Benefits of Market-Based Environmental Regulation: The Case of Scrubbers, by Allen Bellas; Ian Lange | View Abstract
- UWEC-2004-12 - The Diffusion of Tractor Technology, by Eugene Silberberg; Dinah Duffy-Martini
- UWEC-2004-14 - Growth and Transitional Dynamics:The Post-war European Experience, by Francisco Alvarez-Cuadrado
- UWEC-2004-15 - A Quantitative Exploration of the Golden Age of European Growth: Structural Change, Public Investment, the Marshall Plan and Intra-European Trade., by Francisco Alvarez-Cuadrado
- UWEC-2004-19 - Respondable Risk and Incentives: Evidence From Executive Compensation, by Lan Shi | View Abstract
- UWEC-2004-20-R - Does Oversight Reduce Policing? Evidence from the Cincinnati Police Department After the April 2001 Riot, by Lan Shi | View Abstract
- UWEC-2004-21 - Is There a Cohabitation Premium in Men’s Earnings?, by Arif Mamun | View Abstract
- UWEC-2004-22 - Measuring the NAIRU with Reduced Uncertainty: A Multiple Indicator-Common Component Approach, by Arabinda Basistha; Richard Startz | View Abstract
- UWEC-2004-23 - A Joint Econometric Model of Marriage and Partner Choice, by Elaina Rose | View Abstract
- UWEC-2004-24 - Bootstrap Methods for Inference in a SUR model with Autocorrelated Disturbances, by Clarisse Messemer; Richard Parks | View Abstract
- UWEC-2005-01-R - The Dynamics of Price Discovery, by Bingcheng Yan; Eric Zivot | View Abstract
- UWEC-2005-02-FC - Long Memory and Structural Breaks in the Forward Discount: An Empirical Investigation, by Kyongwook Choi; Eric Zivot. Forthcoming in Journal of International Money and Finance
- UWEC-2005-03 - Analysis of High-Frequency Financial Data with S-PLUS, by Bingcheng Yan; Eric Zivot
- UWEC-2005-04 - Inference on Unit Roots and Trend Breaks in Macroeconomic Time Series, by Chris Murray; Eric Zivot
- UWEC-2005-06-R - Social Identity and Group Lending, by Prabirendra Chatterjee; Sudipta, Sarangi | View Abstract
- UWEC-2005-07 - The Determinants of Specialization within Marriage, by Shelly Lundberg; Elaina Rose | View Abstract
- UWEC-2005-09-P - Incentives for corruptible auditors in the absence of commitment, by Fahad Khalil; Jacques Lawarree. Published in Journal of Industrial Economics
- UWEC-2005-10 - Replacing the Law of One Price with the Price Convergence Law, by Yoram Barzel
- UWEC-2005-11-R - The State Dilemma in Guaranteeing Commodities and Services by Reputation, by Yoram Barzel
- UWEC-2005-12 - Variable Retirement and the Effects of Social Insurance on Savings, Wealth and Welfare, by Neil Bruce; Stephen Turnovsky | View Abstract
- UWEC-2005-17 - Equity as a Guarantee, by Yoram Barzel; Wing Suen
- UWEC-2005-18 - Moral hazard, Monitoring Cost, and the Choice of Contract, by Yoram Barzel; Wing Suen
- UWEC-2005-23 - Literacy, Skills and Welfare: Effects of Participation in an Adult Literacy Program, by Niels-Hugo Blunch; Claus Portner | View Abstract
- UWEC-2005-24 - Incentives for corruptible auditors in the absence of commitment," in the "Journal of Industrial Economics" (2006), by Fahad Khalil; Jacques Lawarree
- UWEC-2005-25 - The Tradeoff between Inflation and the Real Economy: Forward-Looking Behavior and the Inflation Premium, by Erika Gulyas; Richard Startz | View Abstract
- (12/1/2001) Marriage and Assortative Mating: How Have the Patterns Changed? , by Elaina Rose
- (11/7/2001) Innovation in Pollution Control and the Fallacy of the Margin, by Yoram Barzel
- (11/7/2001) Innovation in Pollution Control and the Fallacy of the Margin, by Yoram Barzel
- (3/1/2001) Housing Market Bubbles and Currency Crisis: the case of Thailand, by Kar-Yiu Wong | View Abstract
- (3/1/2001) The Less Volatile US Economy: A Bayesian Investigation of Timing, Breadth and Potential Explanations, by Chang-Jin Kim; Charles Nelson; Jeremy Piger. Published in Journal of Bus. and Econ. Statistics
- (3/1/2001) Shipping the Good Apples Out: A Reinterpretation, by Yoram Barzel | View Abstract
- (2/28/2001) Improved Inference for the Instrumental Variable Estimator, by Richard Startz; Charles Nelson; Eric Zivot | View Abstract
- (2/23/2001) Why Are Beveridge-Nelson and Unobserved-Component Decompositions of GDP So Different?, by James Morley; Charles Nelson; Eric Zivot | View Abstract
- (2/1/2001) Capital Income Taxes and Growth in a Stochastic Economy: A Numerical Analysis of the Role of Risk Aversion and Intertemporal Substitution, by Santanu Chatterjee; Paola Giuliano; Stephen Turnovsky. Forthcoming in Journal of Public Economic Theory | View Abstract
- (6/22/2000) The Adjustment of Prices and the Adjustment of the Exchange Rate, by Charles Engel; James Morley | View Abstract
- (4/25/2000) Sakhalin Energy; Problems and Prospects, by Judith Thornton
- (4/11/2000) Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibiity, by Michael Devereux; Charles Engel | View Abstract
- (4/1/2000) Development of Sakhalin Energy; Can the Barriers be Overcome?, by Judith Thornton | View Abstract
- (3/27/2000) Optimal Exchange Rate Policy:The Influence of Price-Setting and Asset Markets, by Charles Engel | View Abstract
- (3/21/2000) Common Stochastic Trends, Common Cycles, and Asymmetry in Economic Fluctuations, by Chang-Jin Kim; Jeremy Piger | View Abstract
- (2/29/2000) The Optimal Choice of Exchange-Rate Regime: Price-Setting Rules and Internationalized Production, by Michael Devereux; Charles Engel | View Abstract
- (2/26/2000) Is There a Positive Relationship between Stock Market Volatility and the Equity Premium?, by Chang-Jin Kim; James Morley; Charles Nelson | View Abstract
- (2/25/2000) Is There a Structural Break in the Equity Premium?, by Chang-Jin Kim; James Morley; Charles Nelson | View Abstract
- (2/1/2000) Time Variation and Structural Change in the Forward Discount: Implications for the Forward Rate Unbiased Hypothesis, by George Sakoulis; Eric Zivot
- (1/31/2000) Renewable Natural Resource Management and Use Without Markets, by Gardner Brown | View Abstract
- (1/11/2000) Violating the Law of One Price: Should We Make a Federal Case Out of It?, by Charles Engel; John Rogers | View Abstract
- (12/7/1999) Does an Intertemporal Tradeoff between Risk and Return Explain Mean Reversion in Stock Prices?, by Chang-Jin Kim; James Morley; Charles Nelson | View Abstract
- (11/30/1999) Direct Investment Liberalization, Commodity Trade, and Income Distribution; What Can the WTO Do?, by Kar-Yiu Wong | View Abstract
- (9/9/1999) Exchange-Rate Pass-Through and the Welfare Effects of the Euro, by Michael Devereux; Charles Engel; Cedric Tille | View Abstract
- (9/8/1999) A Bayesian Approach to Testing for Markov Switching in Univariate and Dynamic Factor Models, by Chang-Jin Kim; Charles Nelson | View Abstract
- (9/4/1999) Local-Currency Pricing and the Choice of Exchange-Rate Regime, by Charles Engel | View Abstract
- (8/31/1999) A Tale of Two Ports, by Ngo Van Long; Kar-Yiu Wong | View Abstract
- (7/29/1999) Deviations from Purchasing Power Parity:Causes and Welfare Costs, by Charles Engel; John Rogers | View Abstract
- (5/1/1999) Permanent and Transitory Nature of Recessions, by Chang-Jin Kim; Chris Murray | View Abstract
- (4/1/1999) Valuing Multiple Programs to Improve Fish Populations, by David Layton; Gardner Brown; Mark Plummer | View Abstract
- (1/2/1999) The Asian Crisis: A Statistical Point of View, by Ming Chien Lo; Kar_Yiu Wong | View Abstract
- (1/2/1999) Currency Crises and Capital Control: A Survey, by Sweta Saxena; Kar_Yiu Wong | View Abstract
- (12/7/1998) Race, Information, and Segregation, by Shelly Lundberg; Richard Startz. Forthcoming in Journal of Population Economics | View Abstract
- (11/24/1998) Long-Run PPP May Not Hold After All, by Charles Engel | View Abstract
- (8/11/1998) Relative Price Volatility: What Role Does the Border Play?, by Charles Engel; John Rogers | View Abstract
- (8/3/1998) Dynamic Gains from Trade and Industrialization, by Kar-Yiu Wong; Chong Yip | View Abstract
- (5/20/1998) Intraindustry Trade, Intraindustry Investment, and Welfare, by Kar-Yiu Wong | View Abstract
- (4/28/1998) Growth of Hong Kong Before and After Its Reversion to China: The China Factor, by Kar-Yiu Wong; Yun Wing Sung | View Abstract
- (2/23/1998) Optimal Income Transfers and Tariffs, by Kar-Yiu Wong; Sajal Lahiri; Pascalis Raimondo | View Abstract
- (2/10/1998) Industrialization, Economic Growth and International Trade, by Kar-Yiu Wong; Chong Yip | View Abstract
- (1/23/1998) Education, Economic Growth, and Brain Drain, by Kar-Yiu Wong; Chong Yip | View Abstract
- (1/1/1998) The Law of Comparative Advantage without Social Utility Functions, by Kar-Yiu Wong; Koji Shimomura | View Abstract
- (12/1/1997) Economic Growth and International Trade: the case of Hong Kong, by Kar-Yiu Wong; Win Lin Chou | View Abstract
- (10/1/1997) Specific and Ad Valorem Tariffs are not Equivalent in Trade Wars, by Kar-Yiu Wong; Ben Lockwood | View Abstract
