Working papers

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2004-42: The Economic Case for Fiscal Federalism in Scotland

Ronald MacDonald and Paul Hallwood

2004-41: Can a Newly Proposed Mechanism for Allocating Contracts in U.S. Electricity Wholesale Markets Lead to Lower Prices? A Game Theoretic Analysis

Vicki Knoblauch

2004-40: Murky Waters: The Law and Economics of Salvaging Historic Shipwrecks

Paul Hallwood and Thomas Miceli

2004-39: A Simple Theory of Increasing Penalties for Repeat Offenders

Thomas Miceli and Catherine Bucci

2004-38: The Holdout Problem and Urban Sprawl

Thomas Miceli and C. F. Sirmans

2004-37: Punishing the Innocent along with the Guilty: The Economics of Individual versus Group Punishment

Thomas Miceli and Kathleen Segerson

2004-36: Do Labor Issues Matter in the Determination of U.S. Trade Policy? An Empirical Reevaluation

Xenia Matschke and Shane Sherlund

2004-35: Agricultural Productivity in the Early Ottoman Empire

Metin Cosgel

2004-34: On Voters' Attitudes Towards Unemployment Insurance Subsidies across Regions: A Canadian Simulation

Stephane Pallage and Christian Zimmermann

2004-33: Costly State Monitoring and Reserve Requirements

Rangan Gupta

2004-32: Capital Accumulation in the Presence of Informal Credit Contracts: Does the Incentive Mechanism Work Better than Credit Rationing Under Asymmetric Information?

Basab Dasgupta

2004-31: Is Menopause Optimal?

Christian Zimmermann

2004-30: The Past, Present and Future of Community Reinvestment Act (CRA): A Historical Perspective

Akm Hossain

2004-29: Liberalization, Ownership, and Efficiency in Indian Banking: A Nonparametric Approach

Abhiman Das, Ashok Nag and Subhash Ray

2004-28: Are Some Indian Bank Too Large? A Examination of Size Efficiency in Indian Banking

Subhash Ray

2004-27: Productivity Growth and Efficiency in Indian Banking: A Comparison of Public, Private, and Foreign Banks

T. T. Ram Mohan and Subhash Ray

2004-26: An Economic Theory of Mortgage Redemption Laws

Matthew Baker, Thomas Miceli and C. F. Sirmans

2004-25: Do Exposure Suits Produce a "Race to File"? An Economic Analysis of a Tort for Risk

Thomas Miceli and Kathleen Segerson

2004-24: A Tort for Risk and Endogenous Bankruptcy

Thomas Miceli and Kathleen Segerson

2004-23: Sentencing Guidelines, Judicial Discretion, And Social Values

Thomas Miceli

2004-22: The Geographic Distribution of the Size and Timing of Monetary Policy Actions

Yongil Jeon and Stephen Miller

2004-21: Do Foreign Bank Operations Provide a Stabilizing Influence in Korea?

Yongil Jeon, Stephen Miller and Paul A. Natke

2004-20: Explaining Economic Growth: Factor Accumulation, Total Factor Productivity Growth, and Production Efficiency Improvement

Yasmina Reem Limam and Stephen Miller

2004-19: Consumption Asymmetry and the Stock Market: Further Evidence

Nicholas Apergis and Stephen Miller

2004-18: Technical Efficiency and Its Dynamics in Indian Manufacturing: An Inter-State Analysis

Kankana Mukherjee and Subhash Ray

2004-17: A Simple Statistical Test of Violation of the Weak Axiom of Cost Minimization

Subhash Ray

2004-16: The Directional Distance Function and Measurement of Super-Efficiency: An Application to Airlines Data

Subhash Ray

2004-15: A Bootstrap-Regression Procedure to Capture Unit Specific Effects in Data Envelopment Analysis

Evangelia Desli and Subhash Ray

2004-14: The Power of the "Objective" Bayesian Unit-Root Test

Francis Ahking

2004-13: An Assessment of the Case for Monetary Union or Official Dollarization in Argentina, Brazil, Chile, Uruguay and Venezuela

Paul Hallwood, Ian Marsh and Jörg Scheibe

2004-12: The Improving Relative Status of Black Men

Kenneth Couch and Mary Daly

2004-11: Income Inequality in the 1990s: Re-Forging a Lost Relationship?

Richard Burkhauser, Kenneth Couch, Andrew Houtenvile and Ludmila Rovba

2004-10: Competition through Institutional Form: the Case of Cluster Tool Standards

Richard Langlois

2004-09: Corporate Tax Avoidance and High Powered Incentives

Mihir A. Desai and Dhammika Dharmapala

2004-08: Human Capital Externalities and Private Returns to Education in Kenya

Damiano Kulundu Manda, Germano Mwabu and Mwangi Kimenyi

2004-07: Place of Work and Place of Residence: Informal Hiring Networks and Labor Market Outcomes

Patrick Bayer, Stephen Ross and Giorgio Topa

2004-06: Voluntary Agreements with Industries: Participation Incentives with Industry-wide Targets

Na Dawson and Kathleen Segerson

2004-05: Non-Parametric Tests of Real Exchange rates in the Post-Bretton Woods Era

Francis Ahking

2004-04: Property Law

Dean Lueck and Thomas Miceli

2004-03: Religious Identity and Consumption

Lanse Minkler and Metin Cosgel

2004-02: Efficiency and Continuity in Public Finance: The Ottoman System of Taxation

Metin Cosgel

2004-01: Salvaging Historic Shipwrecks

Paul Hallwood and Thomas Miceli

2003-49: Ethnicity, Governance and the Provision of Public Goods

Mwangi Kimenyi

2003-48: Does the Presence of Surplus Labor Hinder Production in Indian Manufacturing?

Subhash Ray and Kankana Mukherjee

2003-47: A Median Voter Theorem for Postelection Politics

Dhammika Dharmapala and Etienne Lehmann

2003-46: The Restructuring in the Post-Crisis Korean Economy

Jai S. Mah

2003-45: Countervailing Duties in the USA

Jai S. Mah

2003-44: The Export Insurance System and Export Supply of Britain

Jai S. Mah

2003-43: Discrimination in Metropolitan Housing Markets: Phase 3 - Native Americans

Margery Austin Turner and Stephen Ross

2003-42: Some Law and Economics of Historic Shipwrecks

Paul Hallwood