Working Papers

From University of Delaware, Department of Economics
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06-12: Inverse Limits and Models with Backward Dynamics

David Stockman, Judy Kennedy and James Yorke

06-11: Item Pricing Laws, Supplier Behavior, and the Diffusion of Time-Saving Technology Innovations

James Mulligan and Nilotpal Das

06-10: Evolution of Mass Privatization in Bulgaria

Jeffrey Miller

06-09: Eugene Meyer: From Laissez Faire to the Keynesian Revolution

James Butkiewicz

06-08: Optimal Policy and (the Lack of) Time Inconsistency: Insights from Simple Models

Marina Azzimonti, Daniel Sarte and Jorge Soares

06-07: Distortionary Taxes and Public Investment When Government Promises Are Not Enforceable

Marina Azzimonti, Daniel Sarte and Jorge Soares

06-06: Art Prices and Race: Paintings by African American Artists and Their White Contemporaries

Richard Agnello and Xiaowen Xu

06-05: The Effect of Government Size on the Steady-State Unemployment Rate: A Structural Error Correction Model

Burton Abrams and Siyan Wang

06-04: How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes

Burton Abrams

06-03: Chaotic Equilibria in Models with Ill-Defined Forward Dynamics

David Stockman and Judy Kennedy

06-02: Do U.S. Paintings Follow the CAPM? Findings Disaggregated by Subject, Artist, and Value of the Work

Richard Agnello

06-01: Endogenously determined Quality and Price In a Two-Sector Competitive Service Market With an Application to Down-Hill Skiing

James Mulligan

05-21: Reform in Higher Education: Moving Beyond Transition

Jeffrey Miller

05-20: A Tax Rebate in A Recession: Is It Safe and Effective?

Kenneth Lewis and Laurence Seidman

05-19: Can Fiscal Stimulus Overcome the Zero Interest-Rate Bound?: A Quantitative Assessment

Kenneth Lewis and Laurence Seidman

05-18: Why Does the Relationship between Economic Status and Child Health Strengthen for Older Children in the U.S.? Evidence from the Medical Expenditures Panel Survey and the Panel Study of Income Dynamics

Charles Link and Simon Condliffe

05-17: Information Asymmetries, Litigation Risk and the Demand for Fairness Opinions: Evidence from U.S. Mergers & Acquisitions, 1980-2002

William Latham and Helen Bowers

05-16: Collective Knowledge, Prolific Inventors and the Value of Inventions: An Empirical Study of French, German and British Owned U.S. Patents, 1975-1998

William Latham, C. Gay and Christian LeBas

05-15: Not So Footloose after All: Locational Behavior of Information Technology Establishments in the United States, 1989-1998

William Latham and Simon Condliffe

05-14: Persistence of Firm Innovative Behavior: Towards an Evolutionary Theory

William Latham and Christian Le Bas

05-13: Take Time to Smell the Flowers, Please! Public Gardens and Economic Development

William Latham and Adrienne Donald

05-12: The Impact of Serial Correlation on Option Prices in a Non- Frictionless Environment: An Alternative Explanation for Volatility Skew

John Ying and Joel S. Sternberg

05-11: Contract Enforcement in the Early Transition to a Market Economy

Jeffrey Miller and Kenneth Koford

05-10: State and Ownership Reforms in Transition Economics: China vs. the Orthodoxy

Jeffrey Miller and Stoyan Tenev

05-09: Do Airlines that Dominate Traffic at Hub Airports Experience Less Delay?

Joseph Daniel and Katherine Thomas Harback

05-08: (When) Do Hub Airlines Internalize Their Self-Imposed Congestion Delays?

Joseph Daniel and Katherine Thomas Harback

05-07: There and Back Again: Airline Routes, Fares and Passenger Flows in Network Equilibria

Joseph Daniel and Munish Pahwa

05-06: Inverse Limits and Models with Ill-Defined Forward Dynamics

David Stockman, Judy Kennedy and James A. Yorke

05-05: A Dynamic General Equilibrium Analysis of the Political Economy of Public Education

Jorge Soares

05-04: Is Money Neutral in the Long Run?

Burton Abrams and Russell Settle

05-03: Persistent Adoption of Time-Saving Process Innovations

James Mulligan and Nilotpal Das

05-02: Time-Consistent Polities and Growth in Developing Countries: An Empirical Analysis

James Butkiewicz and Halit Yanıkkaya

05-01: Governor Eugene Meyer and the Great Contraction

James Butkiewicz

04-08: The U.S. Constitution and Monetary Powers: An Analysis of the 1787 Constitutional Convention and How a Constitutional Transformation of the Nation's Monetary System Emerged

Farley Grubb

04-07: The Constitutional Creation of a Common Currency in the U.S., 1748-1811: Monetary Stabilization versus Merchant Rent Seeking

Farley Grubb

04-06: Vintage Effects and the Diffusion of Time-Saving Technological Innovations: The Adoption of Optical Scanners by U.S. Supermarkets."

James Mulligan and Nilotpal Das

04-05: Purchasing Power Parity Across Six British Colonies Versus Across the Same Six U.S. States, 1748-1811

Farley Grubb

04-04: Sociopolitical Instability and Long Run Economic Growth: a Cross Country Empirical Investigation

James Butkiewicz and Halit Yanıkkaya

04-03: Institutional Quality and Economic Growth: Maintenance of the Rule of Law or Democratic Institutions, or Both?

James Butkiewicz and Halit Yanıkkaya

04-02: Transfers Plus Open-Market Purchases: a Remedy for Recession

Laurence Seidman and Kenneth Lewis

04-01: A Quantile Regression Analysis of Wages in Panama

Evangelos Falaris

03-15: Is a Tax Rebate an Effective Tool for Combating a Recession?: A Reply to Shapiro and Slemrod

Laurence Seidman and Kenneth Lewis

03-14: Land Value Taxes and Wilmington, Delaware: A Case Study

Eleanor Craig

03-13: Do Banks Matter? A Credit View Model for Small Open Economies

Burton Abrams, Margaret Z. Clarke and Russell F. Settle

03-12: Sunspots in a Cash-in-Advance Model: A Quantitative Assessment

David Stockman

03-11: Tax Effects on the Real Exchange Rate

Stacie Beck and Cagay Coskuner

03-10: Agricultural Investment and the Interwar Business Cycle

James Butkiewicz and Matthew A. Martin

03-09: Do Fixed Exchange Rates Fetter Monetary Policy? A Credit View

Burton Abrams and Russell F. Settle

03-08: The Socio-Economic Effects of Teen Childbearing Re-Considered: A Re-Analysis of the Teen Miscarriage Experiment

Saul Hoffman

03-07: Predicting Interwar Business Cycles with the Interest Rate Yield Spread

James Butkiewicz and Kim Lane Leong Long

03-06: Capital Account Openness, International Trade, and Economic Growth: A Cross-Country Empirical Investigation

James Butkiewicz and Halit Yanıkkaya

03-05: An Assessment of the Effectiveness of International Financial Intervention

James Butkiewicz and Halit Yanıkkaya

03-04: Babes in Bondage Parental Selling of Children to Finance Family Migration: The Case of German Migration to North America, 1720-1820

Farley Grubb

03-03: Two Theories of Money Reconciled: The Colonial Puzzle Revisited with New Evidence

Farley Grubb

03-02: Price Dispersion in Online Markets: The Case of College Textbooks

Michael Arnold and Christine Saliba

03-01: The EITC Marriage Tax and EITC Reform

Saul Hoffman