The history of development shows convincingly that no country has substantially reduced poverty without massively increasing the use of electricity. The development of micro-enterprises in rural areas of Uganda is linked with increased access and useof electricity services. In this study, I...

Mainstream economists were puzzled by the global depression (the so-called Great Recession) that started late in 2007. In the Unites States, after an almost unanimous consensus of the economic profession and the Republican and Democratic politicians in their support of the bailouts of banks and...

We show that the effects of overfitting and underfitting a vector autoregressive (VAR) model are strongly asymmetric for VAR summary statistics involving higher-order dynamics (such as impulse response functions, variance decompositions, or long-run forecasts) . Underfit models often...

This dissertation develops and tests a theory of how technology entrepreneurs shape their business opportunity and the organizing practices that facilitate that process. I suggest that entrepreneurial opportunities are not predetermined phenomena discovered by vigilant individuals but rather are...

Network analysis has become a popular method for identifying the communication structure in a system where positional and relational aspects are important. In this paper, a maximum likelihood based methodology is presented that allows for the analysis of binary sociometric data. This methodology...

Government policies increasingly promote ethanol and other biofuels for security, air quality, and climate benefits. One chapter of this dissertation develops a model that links the distribution of preferences for ethanol to aggregate price responses and then estimates the model using data from...

The main problem of underdeveloped countries consists in an inflexible productive structure which makes it difficult to adopt to changes in world markets. There are three important instruments to improve their flexibility. The first instrument are the investments - not investments in general...

The hypothesis that marriage increases men's earnings has contributed to legislative support for the Healthy Marriage Initiative (HMI). However, previous studies of this phenomenon have not controlled for many relevant characteristics that select men into marriage, nor have they focused on...

Luce's Biased Choice Model has never had a serious competitor as a model of identification data. Even when it has provided a poor model of such data, other models have done even less well. Two alternative models are presented and the three are fit to a published data set. One alternative model...

Recent research has provided strong evidence that, in the United States in particular and in high- or middle-income economies in general, mortality tends to evolve better in recessions than in expansions. It has been suggested that Sweden may be an exception to this pattern. The present...