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Essays on Fiscal Policy, Monetary Policy and Currency Unions: Exploring the Role of Informality and Labor Mobility
In this dissertation I study how economic activity outside of government control --informality-- impacts policy-making in a small open economy. I also study the impact of labor mobility in a currency union on the welfare of the union. Chapter 1 is concerned with the impact of informality on the Ramsey optimal fiscal and ...
Radical tendencies in the Seattle labor movement as reflected in the proceedings of its central body
(1925)
The city of Seattle has long been recognized as a
stronghold of organized labor; but since the occurrence of
the general strike in February 1919 it has acquired the less
savory reputation of being a hot-bed of radicalism, bolshevism
and anarchism; This notoriety may be imputed to the colorful
tales of impressionistic ...
How do Small Players Deduce Beliefs about Uncertainty? A Look at Texas Shale Oil Investments
Derivative markets enable firms to eliminate unwanted risk and, thereby, focus on their core competence. We ask whether small firms respond to changes in complex risk structures, using the emerging Texas shale oil industry. Unlike their conventional drilling counterparts, shale oil producers are small, with short production ...
Essays on Machine Learning and Hedonic Models
Chapter 1 and 2: We survey and apply several techniques from the statistical and computer science literature to the problem of demand estimation. We derive novel asymptotic properties for several of these models. To improve out-of-sample prediction accuracy and obtain parametric rates of convergence, we propose a method of ...
Essays on Corruption and Enforcement
This dissertation examines the role and limits of enforcement in environments where the enforcing party faces issues related to corruption and misreporting. In the first chapter, we construct a principal – agent – auditor model with adverse selection in which the principal optimally allows bribery to occur due to the potential ...
Essays in International Finance and Macroeconomics
This dissertation consists of essays in the intersection of international finance, macroeconomics, and monetary economics. The first essay studies the role of the financial sector in affecting domestic resource allocation and cross-border capital flows. I develop a quantitative, two-country, macroeconomic model in which banks ...
Investigating the effects of the 1990 Clean Air Act Amendments on inputs to coal-fired power plants
(2005)
This dissertation examines the effects of the 1990 Clean Air Act Amendments (CAAA) on inputs to coal-fired power plants. The 1990 CAAA established a system of tradable permits for sulfur dioxide (SO2) emissions for all power plants and granted utilities complete freedom in how they achieved compliance. While much of the ...
Essays on water and energy economics
The preferences and behavior of economic agents is often highly nuanced and heterogenous, having large impacts on the costs and benefits of different methods employed to acheive environmental goals, such as the production of green energy and the efficient allocation of water to residential use. The first chapter of this ...
Essays on Institutional and Macroeconomic Aspects of International Trade
The overarching theme of this dissertation is the analysis of institutional and macroeconomic factors that shape and interact with international trade. Chapters 1, 2 and 4 of this dissertation examine how institutional arrangements impact trade policy decisions and bilateral trade flows, while chapter 3 analyzes how the ...
Essays on Household Behavior in Developing Economies
This dissertation consists of three essays in development economics. I explore various household behaviors in developing economies, using India and Tanzania as examples. The first two chapters focus on urban slums to capture the inequality within cities and to evaluate the impact of an intervention during urbanization. The ...