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Estimating Heterogeneous Take-up and Crowd-Out Responses to Existing Medicaid Income Limits and Their Nonmarginal Expansions
Medicaid expansions take-up crowd-out treatment effects switching probit model counterfactual policy analysis minimum distance estimation
2015/9/18
We use a switching probit model and the income-limit-based structure of Medicaid eligibility for children to estimate treatment effects of non-marginal Medicaid expansions on Medicaid take-up, private...
Estimating Heterogeneous Take-up and Crowd-Out Responses to Current Medicaid Limits and Their Nonmarginal Expansions
Medicaid expansions take-up crowd-out treatment effects switching probit model counterfactual policy analysis
2015/9/18
We use a switching probit model and the income-limit-based structure of Medicaid eligibility for children to estimate treatment effects of Medicaid expansions not found in existing work on public insu...
The Limits of Career Concerns in Federalism:Evidence from China
career concerns federalism hierarchies public goods autocracy China
2015/7/23
Performance-based promotion schemes in administrative hierarchies have limitations. Chinese provincial leaders, despite facing strong career concerns, make different policy decisions depending on thei...
Unintended consequences from nested state and federal regulations:The case of the Pavley greenhouse-gas-per-mile limits
Nested regulation Emissions leakage Greenhouse gas limits Climate policy CAFE standard Fuel economy Simulation model
2015/7/17
This paper reveals significant unintended consequences from recent 14-state efforts to reduce greenhouse gas emissions through limits on greenhouse gases per mile from new cars. We show that while suc...
Dodging the Taxman:Firm Misreporting and Limits to Tax Enforcement
Governance Compliance Taxation Ecuador
2015/4/28
Reducing tax evasion is a key priority for many governments, particularly in developing countries. A growing literature has argued that the ability to verify taxpayer self-reports against reports from...
The Limits of Nonprofit Impact: A Contingency Framework for Measuring Social Performance
Development Economics Giving and Philanthropy Leadership Corporate Social Responsibility and Impact
2015/4/23
Leaders of organizations in the social sector are under growing pressure to demonstrate their impacts on pressing societal problems such as global poverty. We review the debates around performance and...
Testing Limits to Policy Reversal:Evidence from Indian Privatizations
Political Elections Privatization State Ownership India
2015/4/21
We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP was unexpectedly defeated by a less reformist coalition. Stock prices of governmen...
Information Theoretic Limits on Learning Stochastic Differential Equations
drift high dimensional vector interaction coefficients
2011/3/31
Consider the problem of learning the drift coefficient of a stochastic differential equation from a sample path. In this paper, we assume that the drift is parametrized by a high dimensional vector.
Asset backed securities have been extensively criticised for creating a moral hazard in loan issuance by removing any incentive on the lender to ensure that the recipient of such loans could repay the...
AN ASSESSMENT OF SUBJECTIVISM. ITS MEANING AND ITS LIMITS
ASSESSMENT OF SUBJECTIVISM MEANING LIMITS
2014/6/24
This working-paper deals with the m eaning of the subjective theory of value. It is argued that in spite of its wide utilization in economic theory, subjectivism is an equivo cal concept generating i...
THE CONVERGENCE OF MULTIVARIATE ‘UNIT ROOT’ DISTRIBUTIONS TO THEIR ASYMPTOTIC LIMITS The Case of Money-Income Causality
MULTIVARIATE UNIT ROOT DISTRIBUTIONS THEIR ASYMPTOTIC LIMITS Money-Income Causality
2014/3/18
We examine the quality of recently developed asymptotic approximations to the sampling distributions of various statistics in levels regressions when the regressors have unit ro...