Chapter 1 introduces some of the issues which are addressed in the other chapters of this dissertation. These topics include: (1) the general equilibrium incentives in the provision of public education, (2) human capital production functions in economic modeling, (3) how public education...

Microcredit programs are of great interest to economists and policymakers because of their potential for reducing poverty, particularly among women. The first chapter mainly investigates the effectiveness aspect of microcredit programs. Using program evaluation methods, we find significant...

This dissertation is a collection of three empirical essays on Albania andIran. In December of 1990, the communist system in Albania came to an abruptend. The collapse of communism led to a number of macroeconomic reforms that,among other things, brought dramatic changes in the Albanian labor...

Technological progress, human capital, and tax policies play an important role in growth. Recent models of endogenous growth based on technological progress predict that high technological progress and growth are associated with a high relative supply of skilled workers who earn constant or...

Recent public cash assistance reform measures designed to induce recipients to leave welfare and enter the workforce represent the most important change in social welfare policy in recent decades. Single female-headed families with children (SFHFwC), who represent 53 percent ofnon-metropolitan...

The decisions of young adults from non-metropolitan areas to either migrate to metropolitan areas or remain in non-metropolitan areas following the completion of schooling are studied in this paper. The migration decision is decomposed into an hourly initial earnings component and a cost...

A large part of the empirical work on differentiated products markets has focused ondemand estimation and the pricing behavior of firms. These two themes are key inputsin important applications such as the merging of two firms or the introduction of newproducts. The validity of inferences,...

This dissertation consists of three essays on econometric analysis including both parametric and nonparametric econometrics. The first chapter outlines three topics involved and briefly discusses the motivations and methods, as well as some conclusions in each of the following chapters.Both...

This paper examines the components of the Capital Asset Pricing Model and the modelâs uses to analyze portfolios returns. It also looks at subsequent versions of the CAPM including a multi-variable CAPM with the inclusion of selected macro-variables as well as a non-stationary beta CAPM to...

Over the last twenty years or so the Dynamic Volatility literature has produced a wealth of univariateand multivariate GARCH type models. While the univariate models have been relativelysuccessful in empirical studies, they suffer from a number ofweaknesses, such as unverifiable...