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Who Counts in Evaluating the Effects of Air Pollution Policies on Households? Non-Market Valuation in the Presence of Dependencies

Smith, V. Kerry; Evans, Mary F.; Poulos, Christine - National Bureau of Economic Research (NBER) - 2009

Individuals who are likely to realize the largest benefits from improvements in air quality often depend on other members of their households to make time or monetary contributions to their care. The presence of these dependency relationships among household members poses challenges for benefit...

Persistent link: https://www.econbiz.de/10005085384

The New Economics of Equilibrium Sorting and its Transformational Role for Policy Evaluation

Smith, V. Kerry; Kuminoff, Nicolai V.; Timmins, Christopher - National Bureau of Economic Research (NBER) - 2010

Households "sort" across neighborhoods according to their wealth and their preferences for public goods, social characteristics, and commuting opportunities. The aggregation of these individual choices in markets and in other institutions influences the supply of amenities and local public...

Persistent link: https://www.econbiz.de/10008565078

Valuing a Homeland Security Policy: Countermeasures for the Threats from Shoulder Mounted Missiles

Smith, V. Kerry; Mansfield, Carol; Clayton, Laurel - National Bureau of Economic Research (NBER) - 2008

This paper reports estimates for the ex ante tradeoffs for three specific homeland security policies that all address a terrorist attack on commercial aircraft with shoulder mounted missiles. Our analysis focuses on the willingness to pay for anti-missile laser jamming countermeasures mounted on...

Persistent link: https://www.econbiz.de/10005718171

Estimating the General Equilibrium Benefits of Large Policy Changes: The Clean Air Act Revisited

Smith, V. Kerry; Banzhaf, Spencer; Sieg, Holger; Walsh, … - National Bureau of Economic Research (NBER) - 2000

This paper reports the first comprehensive approach for measuring the general equilibrium willingness to pay for large changes in air quality. It is based on a well defined locational equilibrium model. The approach allows estimation of households' indirect utility function and the underlying...

Persistent link: https://www.econbiz.de/10005720605

Do Citizens Want the Truth about Terrorist Threats Regardless of the Consequences?

Smith, V. Kerry; Mansfield, Carol; Klaiber, H. Allen - National Bureau of Economic Research (NBER) - 2010

This paper proposes the use of consumers' preferences in formulating policies for keeping secret information about terrorist activities and threats that might compromise future security. We report the results from two surveys indicating that people have clear preferences for full disclosure of...

Persistent link: https://www.econbiz.de/10008548804

Firms and the Economics of Skilled Immigration

Kerr, Sari Pekkala; Kerr, William R.; Lincoln, William F. - National Bureau of Economic Research (NBER) - 2014

to fostering innovation. …

Persistent link: https://www.econbiz.de/10010969384

The Dynamics of Firm Lobbying

Kerr, William R.; Lincoln, William F.; Mishra, Prachi - National Bureau of Economic Research (NBER) - 2011

We study the determinants of the dynamics of firm lobbying behavior using a panel data set covering 1998-2006. Our data exhibit three striking facts: (i) few firms lobby, (ii) lobbying status is strongly associated with firm size, and (iii) lobbying status is highly persistent over time....

Persistent link: https://www.econbiz.de/10009359896

Ethnic Innovation and U.S. Multinational Firm Activity

Foley, C. Fritz; Kerr, William R. - National Bureau of Economic Research (NBER) - 2011

detailed data on patent applications and on the operations of the foreign affiliates of U.S. multinational firms. The results … indicate that increases in the share of a firm's innovation performed by inventors of a particular ethnicity are associated …

Persistent link: https://www.econbiz.de/10009251495

Growth Through Heterogeneous Innovations

Akcigit, Ufuk; Kerr, William R. - National Bureau of Economic Research (NBER) - 2010

regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations … framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … into our theoretical framework. The framework generates a simple test using patent citations that indicates that entrants …

Persistent link: https://www.econbiz.de/10008695047

The Consequences of Entrepreneurial Finance: A Regression Discontinuity Analysis

Lerner, Josh; Schoar, Antoinette; Kerr, William R. - National Bureau of Economic Research (NBER) - 2010

This paper documents the role of angel funding for the growth, survival, and access to follow-on funding of high-growth start-up firms. We use a regression discontinuity approach to control for unobserved heterogeneity between firms that obtain funding and those that do not. This technique...

Persistent link: https://www.econbiz.de/10008628350