We propose the use of likelihood-ratio-based confidence sets for the timing of structural breaks in parameters from time series regression models. The confidence sets are valid for the broad setting of a system of multivariate linear regression equations under fairly general assumptions about...

An iceberg theory of intermediate services that bridge the transaction cost gap between producers and consumers is immersed in a symmetric two country-two sector model with a monopolistically competitive manufacturing sector producing an endogenous number of varieties. With a proportion of the...

Research on Trends in professionalisation and specialisation in the early journal literature as part of a historical study of twentieth century economics discloses interesting data on the changing role of women in the production of journal literature over the first four decades of the century. A...

Trade Policy has since 1987 been driven by the 'multilateralist' thrust, centred on the Australian Government's active position taken at the Uruguay Round of GATT negotiations. The bureaucratic politics which lead to this emphasis are of major importance to economists, not least because the...

Traditional growth theories have been unable to satisfactorily explain various economic events. New growth theories appear to provide a more satisfactory basis for explaining the relationship between various factors and economic growth. However, there is not sound empirical evidence to support...

We present evidence from observational data on nearly 14,000 American Red Cross blood drives and from a randomized natural field experiment showing that economic incentives have a positive effect on blood donations without increasing the fraction of donors who come to a drive but are ineligible...

Do the social and risk preferences of participants in laboratory experiments represent the preferences of the population from which they are recruited? To answer this question, we conducted a classroom experiment with a population of 1,173 students using a trust game and a lottery choice task to...

This paper studies stochastic stability methods applied to processes on general state spaces. This includes settings in which agents repeatedly interact and choose from an uncountable set of strategies. Dynamics exist for which the stochastically stable states differ from those of any reasonable...

We test the effect of the amount of information on the strategies played by others in the theoretically strategy-proof Top Trading Cycles (TTC) mechanism. We find that providing limited information on the strategies played by others has a negative and significant effect in truth-telling rates....