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This paper was prepared for the conference meeting “An Economics Perspective on the Problems of Disadvantaged Youth.” The authors thank conference participants for very helpful comments and Dubravka...
This paper investigates two central issues regarding state lotteries. First, analyses of multiple sources of micro-level data demonstrate that household lottery spending is financed primarily by a re...
In 1935, the National Bureau of Economic Research invited a consortium of universities to join with it in establishing a “program of cooperative research” in the area of economic measurement. The Co...
Persistent deficits, implying secular growth of debt, have led many to argue that fiscal rules may play an important role in helping reduce or eliminate deficits and help control the growth of governm...
The relation between IMF conditionality and country ownership of assistance programs is considered from a political economy perspective, focusing on the question of why conditionality is needed if it ...
There is a large literature on why countries choose to issue debt rather than financing expenditures by current taxation. If Ricardian Equivalence holds and taxes are non-distortionary,then it doesn’t...
This raises an interesting question. Should lives saved in the future be discounted for the purpose of calculating CPLS, or should they be counted the same as those saved tomorrow? To shed light o...
Concerns about nutrient pollution in the Chesapeake Bay have led to the establishment of pollution limits—total maximum daily loads (TMDLs)—which, by 2025, are expected to reduce nitrogen loadings t...
Hammitt thanks the Institut National de Recherche Agronomique and the European Research Council (FP7/2007-2013 grant agreement no. 230589) for financial support. The views expressed herein are those...
In developing countries, health care is often publicly provided and subsidized by the government. This is sometimes used as an instrument to redistribute income and to assure that the poor receive a...
The investment approach says that, as long as the rate of return to investment is positive, we need to invest less than a dollar today to obtain a dollar of benefi ts in the future. Under the inve...
劳动力成本和交易成本会从不同方向对产业结构升级产生影响。劳动密集型产业或生产环节对劳动力成本比较敏感,劳动力成本的上升会促使这些产业或生产环节外迁,并推动本地企业更多地利用资本和技术替代劳动,从而推动产业结构由劳动密集型转变为资本和技术密集型;知识密集型产业或生产环节对交易成本比较敏感,即使劳动力成本高企,较低的交易成本也会吸引这些产业或生产环节移入,从而增加本地知识密集型产业或生产环节的比重。因...
中国的社团组织和人际关系一直以来都被认为与西方社会存在显著差异,在独特的制度、文化及组织情境性下,我国社团组织和人际关系对公民政治参与的影响及其网络机制是否具有独特的情境效应?基于CGSS 2005城乡居民样本的实证研究结果表明:社团卷入对我国公民制度化和非制度化的政治参与都有显著正向的影响,在公民政治参与中主要发挥了一般普遍性的社会建构作用;而人际网络对公民制度化的政治参与具有显著正向影响,但反...
目前,中国的发展处于重要战略机遇期,改革进入深水区。在全球化背景下,中国特色新型智库的发展逐渐上升到了国家战略的高度,提出要发展中国特色新型智库。中国智库的发展,需要其拥有保持竞争优势的独特能力,本文将核心能力这一理论应用于智库,从创新能力、政府政策影响力、社会公共影响力和国际化能力这4个维度研究中国智库的核心能力,探究中国智库核心能力的影响因素,并进行实证分析研究各因素的影响强度,提出智库建设的...
An Econometric Business Cycle Model with Rational Expectations: Policy Evaluation Results.

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