Two important unresolved issues in the evaluation of health care programs are the treatment of indirect costs and the selection of the appropriate discount rate. This paper emphasizes the role of distortionary taxation in addressing these issues. It establishes that: (i) indirect government-paid...

Medicare reform is the elephant in the room, according to Andrew J. Rettenmaier and Thomas R. Saving, who propose a solution.

This dissertation studies the Economic and Monetary Union (EMU) and itseffects on foreign exchange markets and corporate cash holdings. These two potentialeffects are examined in the dissertation in two separate essays.The first essay examines the validity of the purchasing power parity...