As the major players in globalization, firms often operate in states where human rights may not be respected. Without direct intent, firms may be.........
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.
Market Reallocation and Knowledge Spillover: The Gains from Multinational Production
Quantifying the gains from multinational production has been a vital topic of economic research. Positive productivity gains are often attributed to knowledge.......
Leverage and Default in Binomial Economies: A Complete Characterization
Our paper provides a complete characterization of leverage and default in binomial economies with financial assets serving as collateral. First, our Binomial.................
US-Tyres: Upholding a WTO Accession Contract – Imposing Pain for Little Gain
In 2009, the United States imposed additional tariffs for a three-year period on imports of automotive tires from China under a special-safeguard provision.........
How Well Does Core Inflation Capture Permanent Price Changes?
Does excluding food and energy prices from the Consumer Price Index (CPI) produce a measure that captures permanent price changes? To examine this.............
Environmental Sustainability and Competitiveness: Policy Imperative and Corporate Opportunity
Environmental sustainability has emerged as an important element of corporate strategy and marketplace success.1 Sustainability must also be recognized as a vital............
Driving Restrictions That Work? Quito’s Pico y Placa Program
by Paul Carrillo (co-author Arun Malik and Jiseon Yoo (IIEP and GWU)
Are Sunday Babies Doomed for Life? Measuring the Sunday-Born Achievement Gap in Ecuador
Sunday birth rates in Ecuador have sharply declined, and the drop is larger among young cohorts in urban areas. These trends are attributed to an increase in........................
Sanctuary Markets and Antidumping: An Empirical Analysis of U.S. Exporters
Antidumping proponents in the U.S. often argue that foreign firms use profits obtained behind home market barriers to “subsidize” “unfair” pricing abroad...........
The Internet is simultaneously enhancing and restricting human welfare. On one hand, the Internet is creating a virtuous circle of expanding growth, opportunity, and information flows................
Do Foreign Owners Favor Short-Term Profit? Evidence from Germany
Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreign-owned firms are more likely to focus on short-term profit..........
Product Switching in a Model of Learning
New exporters add and drop products with much greater frequency than old exporters. This paper rationalizes this behavior with a model of demand learning......
Characteristics and Implications of Chinese Macroeconomic Data Revisions
Recent research examining U.S. macroeconomic data suggests that revisions may be much more important than traditionally assumed. This paper extends the..........
This paper assesses the predictive power of variables that measure market tightness, such as seller's bargaining power and sale probabilities, on future home..
Structural Change in Ghana 1960-2010
Development is associated with structural transformation, i.e. the decline of agriculture and the rise of manufacturing and services. Conversely, the lack of....
This study addresses basic questions concerning the scope and structure of organizations working in development and poverty activities. Under what conditions is
This paper uses household panel data to provide robust evidence on the effects of BRAC’s Targeting the Ultra-poor Program in Bangladesh. We use alternative....
This paper constitutes the introductory essay for the special issue of Climate Change Economics, edited by Malik and Smith, forthcoming in 2012, examining..
Heat waves, defined as an interval of abnormally hot and humid weather, have been a prominent killer in recent years. With heat waves worsening with climate..
Evaluating a Vector of the Fed’s Forecasts
In this paper we present a multivariate analysis of the Federal Reserve’s forecasts. First, we evaluate the Fed’s forecasts of the ten major expenditure.....
A New Approach For Evaluating Economic Forecasts
This paper presents a new approach to evaluating multiple economic forecasts. In the past, evaluations have focused on the forecasts of individual variables....
“Drill, Baby, Drill!” The Correlates of “Energy Independence” Policy in the United States
What explains the persistence of support for autarky in petroleum markets? Since the 1980s and 1990s, countries across the industrialized world abolished......
The Effect of Labor Mobility Restrictions on Human Capital Accumulation in China
by Yao Pan.........
Leverage and Asset Prices: An Experiment
This is the rst paper to test the asset pricing implication of leverage in a laboratory. We show that as theory predicts, leverage increases asset prices:
This paper introduces the concept of human recognition, defined as the extent to which an individual is acknowledged by other individuals, groups, or organizations...