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Seasonal adjustment procedures attempt to estimate the sample realizations of an unobservable economic time series in the presence of both seasonal factors and irregular factors. In this paper we consider a factor which has not been considered explicitly in previous treatments of seasonal...
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efficient policies regardless of the distribution of bargaining power among them. This paper uses a laboratory experiment to …
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This paper reports the results from a laboratory experiment designed to study political distortions in the accumulation …
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Some public goods are provided entirely with private contributions, others with a mixture of public and private funding, and still others are entirely publicly funded. To explain this variation, a model of dual provision is developed that endogenizes public and private funding. Members of the...
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