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Antkiewicz, Agata - 2004

This paper discusses the recent regional trade agreements that China has concluded rapidly following accession to the … WTO in 2002. Agreements are in place with Hong Kong, Macao, ASEAN, Australia, and New Zealand, and are either in …

Persistent link: https://www.econbiz.de/10012467695

An Integrated Assessment of Water Markets : Australia, Chile, China, South Africa and the USA

Grafton, R. Quentin - 2010

. This framework can be used: (1) to benchmark different water markets; (2) to track performance over time; and (3) to … used to identify strengths and limitations of water markets in: (1) Australia's Murray-Darling Basin; (2) Chile (in … particular the Limarí Valley); (3) China (in particular, the North); (4) South Africa; and (5) the western United States. It …

Persistent link: https://www.econbiz.de/10012462452

Optimal Policy Projections

Svensson, Lars O. - 2005

performance than Taylor-rule simulations …

Persistent link: https://www.econbiz.de/10012467290

IR&D Project Data and Theories of R&D Investment

Lichtenberg, Frank R. - 1988

This paper analyzes data on a large sample of research and development (R&D) projects documented in the Defense Department's Independent R&O Data Bank, both to provide some stylized facts about R&O investment at the project level and to test the implications of a control-theoretical model...

Persistent link: https://www.econbiz.de/10012476341

Project Appraisal and Foreign Exchange Constraints : A Simple Exposition

Blitzer, Charles R. - 1987

In an earlier paper, we showed that the value of shadow prices depends on how the government contemplates re- equilibrating the economy to the perturbation associated with any project, except in the extreme case where the government has chosen all policy instruments optimally. Only under...

Persistent link: https://www.econbiz.de/10012476904

Conditional Projection by Means of Kalman Filtering

Clarida, Richard H. - 1984

We establish that the recursive, state-space methods of Kalman filtering and smoothing can be used to implement the Doan, Litterman, and Sims (1983) approach to econometric forecast and policy evaluation. Compared with the methods outlined in Doan, Litterman, and Sims, the Kalman algorithms are...

Persistent link: https://www.econbiz.de/10012477752

The Social Cost of Labor, and Project Evaluation : A General Approach

Stiglitz, Joseph E. - 1983

This paper develops a general methodology for analyzing shadow wage (and other shadow prices). Our approach is to identify those reduced form relationships describing the economy which are central to the determination of the shadow wage, and use these to obtain simple formulae for the shadow...

Persistent link: https://www.econbiz.de/10012477868

Projective Paternalism

Ambuehl, Sandro - 2019

We study experimentally when, why, and how people intervene in others' choices. Choice Architects (CAs) construct opportunity sets containing bundles of time-indexed payments for Choosers. CAs frequently prevent impatient choices despite opportunities to provide advice, believing Choosers...

Persistent link: https://www.econbiz.de/10012480065

Project Development with Delegated Bargaining : The Role of Elevated Hurdle Rates

Barry, John W.; Carlin, Bruce Ian; Crane, Alan D.; … - National Bureau of Economic Research - 2024

During project development, costs are endogenously determined through delegated bargaining with counterparties. In surveys, nearly 80% of CFOs report using an elevated hurdle rate, the implications of which we explore in a delegated bargaining model. We show that elevated hurdle rates can convey...

Persistent link: https://www.econbiz.de/10014512137

Privatizing social security

Feldstein, Martin S. (contributor); Feldstein, Martin S. (ed.) - 1998

Persistent link: https://www.econbiz.de/10000645265