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Chairman Brady, Vice Chair Klobuchar, and other distinguished members of the Joint Economic Committee, thank you for inviting me to participate in today’s hearing, “Income Inequality in the United S...
This paper reviews the government role in the legalized gambling sector and addresses some of the major issues relevant to any normative analysis of what the government role should be. In particular...
The Working Paper series of the OECD Directorate for Science, Technology and Industry is designed to make available to a wider readership selected studies prepared by staff in the Directorate or by ...
This paper describes the state of the art in the measurement of intangible capital and its contribution to economic growth, with a focus on an international comparison of intangible investment int...
We live in an era of rapid, almost dizzying, innovation in products and processes. These innovations have improved consumer welfare through the introduction of new goods and services, improvements...
Average income per capita in the countries of the OECD was more than 20 times larger in 2000 than that of the poorest developing countries. Two general explanations have been offered to account fo...
Most contemporary explanations of economic growth assign a prominent role to capital formation. This includes the huge literate of the sources of economic growth in the tradition of Solow (1957) and...
Our previous submission in response to the Report and Order and Further Notice of Proposed Rule Making (FCC 07-72, 27 April 2007) presented economic analysis that supports Frontline’s proposal tha...
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...
The United States has long been viewed as having among the world’s most entrepreneurial, dynamic, and flexible economies. It is often argued that this dynamism and flexibility has enabled the US eco...
We thank Richard Rogerson, other conference participants, Claudia Goldin, Jason Faberman and Jim Spletzer for helpful comments and the Kauffman Foundation, the University of Chicago Booth School of ...
Mexico City has for years experienced high levels ofozone and particulate air pollution. In 1995-99 the entire population of the Mexico City metropolitan area was exposed to annual average concentrati...
Farm investments in the European Union are supported by the governmental programmes. Th e evaluation of this programme is challenged through the voluntary participation and heterogeneous observation...
Agricultural land is an important natural resource and the wealth of each country; in addition it is one of the main production factors, especially for the agricultural businessmen. Th at is a reaso...
Multiperiod Optimization in Economic Systems with Unknown Parameters.

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