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Ensminger, Jean Evelyn; Leder-Luis, Jetson - National Bureau of Economic Research - 2022

We apply this method to a World Bank development project in Kenya. Our evidence is consistent with higher levels of …

Persistent link: https://www.econbiz.de/10013477260

Project Appraisal and Foreign Exchange Constraints : A Simple Exposition

Blitzer, Charles R. - 1987

- equilibrating the economy to the perturbation associated with any project, except in the extreme case where the government has …

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

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

A Model of Trade and Exchange Rate Projections

Halttunen, Hannu - 1979

This paper develops and applies a model of world trade and exchange rates to analyze dynamic interaction of the current account and exchange rate. The model is designed to concentrate on the determination of trade flows, prices and exchange rates for the OECD member countries but it also covers...

Persistent link: https://www.econbiz.de/10012478759

On the Theory of Productive Saving

Ehrlich, Isaac - 1975

The central thesis of this paper is that the management of portfolios incorporating a variety of investment assets does require the use of time and other scarce resources in searching for, collecting, interpreting, and applying relevant information. Accordingly, the returns on these assets would...

Persistent link: https://www.econbiz.de/10012479054

Take the Q Train : Value Capture of Public Infrastructure Projects

Gupta, Arpit - 2020

Transit infrastructure is a critical asset for economic activity yet costly to build in dense urban environments. We measure the benefit of the Second Avenue Subway extension in New York City by analyzing local real estate prices which capitalize the benefits of transit spillovers. We find that...

Persistent link: https://www.econbiz.de/10012479313

Optimal Policy Projections

Svensson, Lars O. - 2005

We outline a method to provide advice on optimal monetary policy while taking policymakers' judgment into account. The method constructs Optimal Policy Projections (OPPs) by extracting the judgment terms that allow a model, such as the Federal Reserve Board's FRB/US model, to reproduce a...

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

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

Lichtenberg, Frank R. - 1988

Department's Independent R&O Data Bank, both to provide some stylized facts about R&O investment at the project level and to test … distributions and elasticities of cost with respect to time, by type of project (e.g. basic research, development), and discriminate … implication of the Grossman-Shapiro model, the rate of investment in a project tends to increase as the project approaches …

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

A Note on Variance Decomposition with Local Projections

Gorodnichenko, Yuriy - 2017

We propose and study properties of several estimators of variance decomposition in the local-projections framework. We find for empirically relevant sample sizes that, after being bias corrected with bootstrap, our estimators perform well in simulations. We also illustrate the workings of our...

Persistent link: https://www.econbiz.de/10012453716

Maximizing the Impact of Climate Finance : Funding Projects or Pilot Projects?

Kotchen, Matthew J. - 2017

This paper contributes to the understanding of how to maximize the impact of publicly provided climate finance to … projects or an experimental phase that generates better information about whether a full project is likely to succeed or fail …

Persistent link: https://www.econbiz.de/10012455657