We estimate the economic impacts on US airlines that may arise from the inclusion of aviation in the European Union Emissions Trading Scheme from 2012 to 2020. We find that the Scheme would only have a small impact on US airlines and emissions, and that aviation operations would continue to...

The cause(s) of increased wage inequality in developed nations in recent decades is a contentious issue in international economics. In the UK, the ratio of non-manual to manual wages increased by 24.4 percent between 1979 and 1999. Over the same interval, there has been an increase in the...

We use college football data and, in some cases, ESPN scout grades to estimate (1) attributes that are likely to result in a college quarterback being selected by a National Football League (NFL) team, and (2) the performance of rookie quarterbacks in the NFL. We find that both college passing...

Competition points are awarded in sports tournaments to determine which participants qualify for the playoffs or to identify a champion. We use competition points to measure strength in a prediction model and choose points to maximize prediction accuracy. This allows us to determine the...

We estimate tariff equivalents (TEs) of non-tariff barriers (NTBs) using a series of gravity equations. Our analysis focuses on New Zealand, a nation that has a comprehensive free trade agreement (with Australia) that can be used to benchmark other trade negotiations. We estimate reductions in...

We conduct an economy-wide analysis of the association between trade and wages in New Zealand and decompose the influence of imports on relative wages by sector and region. We find that increased imports resulted in a small increase in wage inequality but this rise was offset by downward...

The author outlines a classroom tariff-setting game that allows students to explore the consequences of import tariffs imposed by large countries (countries able to influence world prices). Groups of students represent countries, which are organized into trading pairs. Each group’s...