Working Papers

This list captures all of the most recent papers that have been uploaded to this website. For a FULL list of 'Working Papers' from IIEP please visit this archived version of our website. 

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Greed, Capitalism and the Financial Crisis

As the world entered and suffered through the recent Great Recession, certainly the worst economic slowdown in a generation, people naturally asked: what went....

Interdependence in Multinational Production Networks

Most multinational firms today operate multilateral production networks. Most existing empirical analyses, however, have focused on firms' choice between......

Patent Protection and Strategic Delays in Technology Development: Implications for Economic Growth

We present an endogenous growth model in which both the investment to develop a new technology—that upgrades the quality of machines—and entry of imitators..

To Sell or Not to Sell: List Price, Transaction Price and Marketing Time in the Housing Market

This paper specifies and estimates a structural model of home seller behavior. The model is an application of search theory to housing and is estimated using....

Autonomous Adaptation to Climate Change: A Literature Review

Study on climate change has long focused on mitigation. But regardless of how much mitigation is achieved or will be achieved, the climate is already changing....

Implementing Carbon Tariffs: A Fool’s Errand?

Some governments are considering taxes on imports based on carbon content from countries that have not introduced climate change policies. Such carbon border.....

Surviving the Global Financial Crisis: Foreign Direct Investment and Establishment Performance

We examine in this paper the di¤erential response of establishments to the global nancial crisis, with particular emphasis on the role of foreign direct......

Third Country Effects on the Formation of Free Trade Agreements

The recent proliferation of free trade agreements (FTAs) has resulted in an increasingly complex network of preferential trading relationships. The economics.....

Third Country Effects on the Formation of Free Trade Agreements

The recent proliferation of free trade agreements (FTAs) has resulted in an increasingly complex network of preferential trading relationships. The economics...

Taxes, Prisons, and CFOs: The Effects of Increased Punishment on Corporate Tax Compliance in Ecuador

This paper takes advantage of a rich firm level data set from Ecuador to analyze the effects of a reform in 2007 that introduced imprisonment for tax evasion..