Faculty Discussion Papers
Discussion Papers for 2011
Discussion Paper 2011-01
"Piecemeal Reform of Domestic Indirect Taxes Toward Uniformity in the Presence of Pollution: With and Without a Revenue Constraint" by Michael S. Michael, Sajal Lahiri, and Panos Hatzipanayoutou, (22 pages; file size 482Kb)
Discussion Paper 2011-02
"Can a Merger Take Place Among Symmetric Firms?" by Sajal Lahiri, and Mahelet Fikru, (41 pages; file size 93Kb)
Discussion Paper 2011-03
"Merger and Acquisition Among Heterogeneous Polluting Firms: Theory and Evidence" by Sajal Lahiri, and Mahelet Fikru, (41 pages; file size 231Kb)
Discussion Paper 2011-04
"Microfinance and Missing Markets" by AKM Mahbub Morshed, M. Shahe Emran, and Joseph E. Stiglitz, (33 pages; file size 229Kb)
Discussion Paper 2011-05
"Does Democracy Promote the Rule of Law?" by Andreas Assiotis, and Kevin Sylwester, (42 pages; file size 897Kb)
Discussion Paper 2011-06
"Encouraging Trade Liberalization: Theoretical and Empirical Analysis of Foreign Aid as Prize" by Malokele Nanivazo, and Sajal Lahiri, (32 pages; file size 184Kb)
Discussion Paper 2011-07
"Peace Dividends in a Trade-Theoretic Model of Conflict" by Sajal Lahiri, and Valerica Vlad, (11 pages; file size 113Kb)
Discussion Paper 2011-08
"Leader Assassination and Economic Growth" by Scott Gilbert, Kevin Sylwester, and Wei Gao, (30 pages; file size 1313Kb)
Discussion Paper 2011-09
"Should Easier Access to International Credit Replace Foreign Aid?" by Sajal Lahiri, Subhayau Bandyopadhyay, and Javed Younas, (42 pages; file size 232Kb)
Discussion Papers for 2010
Discussion Paper 2010-01
"Blood Diamond: International Policy Options for Conflict Resolution" by Sajal Lahiri, (26 pages; file size 160Kb)
Discussion Paper 2010-02
"Will Trade Sanctions Reduce Child Labour? The Role of Credit Markets: An Empirical Test" by Malokele Nanivazo, (16 pages; file size 129Kb)
Discussion Paper 2010-03
"Public Support for Private Efforts at Assimilation by Immigrants: The Role of Credit Constraints" by Sajal Lahiri, (21 pages; file size 142Kb)
Discussion Paper 2010-04
"Undervaluation, Institutions, and Development" by Kevin Sylwester and Guangjun Qu (33 pages; file size 390Kb)
Discussion Paper 2010-05
"Real Exchange Rate Dynamics: The Role of Elastic Labor Supply" by AKM Mahbub Morshed and Stephen Turnovsky (26 pages; file size 560Kb)
Discussion Paper 2010-06
"Managing Innovation in Vertical Relationships" by Chifeng Dai and Dongsoo Shin (24 pages; file size 229Kb)
Discussion Paper 2010-07
"Economic Integration in Latin America" by Hem Basnet and Subhash Sharma (49 pages; file size 643Kb)
Discussion Paper 2010-08
"Do Good Institutions Lower the Benefit of Democratization?" by Andreas Assiotis and Kevin Sylwester (31 pages; file size 337Kb)
Discussion Paper 2010-09
"Do the Effects of Corruption Upon Growth Differ Across Political Regimes?" by Andreas Assiotis and Kevin Sylwester (38 pages; file size 548Kb)
Discussion Papers for 2009
Discussion Paper 2009-01
"Free-Range Farming and the Optimal Public and Private Responses to a Possible Epidemic" by Sajal Lahiri and Basharat Pitafi, (21 pages; file size 167Kb)
Discussion Paper 2009-02
"Competition for Foreign Direct Investment: The Role of Technology and Market Structure" by Sajal Lahiri and Qian Hao, (26 pages; file size 135Kb)
Discussion Paper 2009-03
"Optimal Contracting with Unknown Risk Preference" by Chifeng Dai, (33 pages; file size 256Kb)
Discussion Paper 2009-04
"Cross-Border Lobbying in Preferential Trading Agreements: Implications for External Tariffs" by Subhayu Bandyopadhyay, Sajal Lahiri and Howard J. Wall, (25 pages; file size 151Kb)
Discussion Paper 2009-05
"Tax Competition with Asymmetric Market Structures: The Role of Policy Instuments" by Sajal Lahiri and Qian Hao, (32 pages; file size 172Kb)
Discussion Paper 2009-06
"Picking a Present Value Estimate of Future Earnings: The Role of Simulation" by Scott Gilbert, (29 pages; file size 143Kb)
Discussion Paper 2009-07
"Loan Portfolio and Performance of Bank Holding Companies in the US: 2006-2008" by Mahelet Fikru, (17 pages; file size 451Kb)
Discussion Papers for 2008
Discussion Paper 2008-01
"Career and Family Choices in the Presence of Uncertainty" by Alison Watts, (21 pages; file size 147Kb)
Discussion Paper 2008-02
"Oil Prices and Remittances: Impacts of Oil Price Shocks on the Macroeconomy of a Small, Oil Importing, and Labor Exporting Country" by A.K.M. Mahbub Morshed and Basharat A. Pitafi, (13 pages; file size 106Kb)
Discussion Paper 2008-03
"Integrated Reforms of Indirect Taxes in the Presence of Pollution" by Michael S. Michael, Sajal Lahiri, and Panos Hatzipanayotou, (26 pages; file size 123Kb)
Discussion Paper 2008-04
"US and Latin American Stock Market Linkages" by Abdelmounaim Lahrech and Kevin Sylwester,(27 pages; file size 140Kb)
Discussion Paper 2008-05
"Endogenous Private Transfer and Real Exchange Rate Dynamics in a Two-Sector Dependent Economy" by A.K.M. Mahbub Morshed,(25 pages; file size 172Kb)
Discussion Paper 2008-06
"An Oligopolistic Heckscher-Ohlin Model of Foreign Direct Investment" by Sajal Lahiri and Yoshiyasu Ono,(25 pages; file size 165Kb)
Discussion Paper 2008-07
"Risk Sharing and Adverse Selection with Asymmetric Information on Risk Preference" by Chifeng Dai, (31 pages; file size 272Kb)
Discussion Paper 2008-08
"Imperfect Auditing, Appeals, and Limited Liability" by Chifeng Dai, (26 pages; file size 153Kb)
Discussion Paper 2008-09
"Pareto-Improving Water Management Over Space and Time: The Honolulu Case" by Basharat A. Pitafi and James A. Roumasset, (49 pages; file size 335Kb)
Discussion Paper 2008-10
"Accounting for City Real Exchange Rate Changes in India" by Scott Gilbert and A.K.M Mahbub Morshed, (20 pages; file size 340Kb)
Discussion Papers for 2007
Discussion Paper 2007-01
"International Joint Venture under Asymmetric Information: Technology vis-a-vis Information Advantage" by Chifeng Dai and Sajal Lahiri, (36 pages; file size 206Kb)
Discussion Paper 2007-02
"Does Wealth Imply Secularization and Longevity?" by Zsolt Becsi, (18 pages; file size 204Kb)
Discussion Paper 2007-03
"Violence and Capital" by Zsolt Becsi, (26 pages; file size 239Kb)
Discussion Paper 2007-04
"Foreign Aid as Prize: Incentives for a Pro-Poor Policy" by Tejashree Sayanak and Sajal Lahiri, (21 pages; file size 156Kb)
Discussion Paper 2007-05
"Profit Share and Partner Choice in International Joint Ventures" by Litao Zhong and Sajal Lahiri, (9 pages; file size 103Kb)
Discussion Paper 2007-06
"The Incentive Effects of Organizational Forms: Evidence from Florida's Non-Emergency Medicaid Transportation Programs" by Chifeng Dai, David Denslow and James Dewey, (31 pages; file size 178Kb)
Discussion Paper 2007-07
"Agricultural Technology and Child Labor: Evidence From India" by Sharmistha Self and Richard Grabowski, (36 pages; file size 236Kb)
Discussion Paper 2007-08
"Export-Oriented International Joint Venture: Endogenous Set-Up Costs and Information Gathering" by Chifeng Dai and Sajal Lahiri, (30 pages; file size 179Kb)
Discussion Paper 2007-09
"Political Asymmetry and Common External Tariff in a Customs Union" by Subhayu Bandyopadhyay, Sajal Lahiri and Suryadipta Roy, (21 pages; file size 140Kb)
Discussion Paper 2007-10
"Currency Substitution in Selected African Countries" by Assande Desire Adom, Subhash C. Sharma and AKM Mahbub Morshed, (38 pages; file size 186Kb)
Discussion Paper 2007-11
"Macroeconomic Interdependence and Integration in Africa" by Assande Desire Adom, Subhash C. Sharma and AKM Mahbub Morshed, (27 pages; file size 77.2Kb)
Discussion Paper 2007-12
"Efficiency Analysis of K-12 Public Education in Illinois" by Paul D. Melvin II and Subhash C. Sharma, (33 pages; file size 307Kb)
Discussion Paper 2007-13
"Endogenous Leadership with and without Policy Intervention: International Trade when Producer and Seller Differ" by Zhifang Peng and Sajal Lahiri, (19 pages; file size 119Kb)
Discussion Papers for 2006
Discussion Paper 2006-01
"Emission Standard Versus Tax Under Oligopoly: The Role of Free Entry" by Sajal Lahiri and Yoshiyasu Ono, (24 pages; file size 183Kb)
Discussion Paper 2006-02
"Is There Really a 'Border Effect'?" by A.K.M. Mahbub Morshed, (17 pages; file size 58.9Kb)
Discussion Paper 2006-03
"The Relationship Between Resources and Conflict: A Synthesis" by Zsolt Becsi and Sajal Lahiri, (18 pages; file size 161Kb)
Discussion Paper 2006-04
"Agricultural Development, State Effectiveness and Long-Run Economic Development" by Sharmistha Self and Richard Grabowski, (29 pages; file size 190Kb)
Discussion Paper 2006-05
"Current Account Imbalances, Capital Accumulation, and Foreign Investment: A Theoretical Analysis of Interrelationships and Causalities" by Sajal Lahiri and AKM Mahbub Morshed, (19 pages; file size 162Kb)
Discussion Paper 2006-06
"Regulating a Risk-Averse Firm Under Incomplete Information" by Chifeng Dai, (14 pages; file size 126Kb)
Discussion Paper 2006-07
"Infrastructure Provision and Macroeconomic Performance" by Santanu Chatterjee and AKM Mahbub Morshed, (33 pages; file size 395Kb)
Discussion Paper 2006-08
"Decreasing Cost of Intermediation" by Abdelmounaim Lahrech and Hemant Patil, (12 pages; file size 128Kb)
Discussion Paper 2006-09
"Economic Development and the Role of Agricultural Technology" by Sharmistha Self and Richard Grabowski, (37 pages; file size 196Kb)
Discussion Papers for 2005
Discussion Paper 2005-01
"Bilateral War in a Multilateral World — Carrots and Sticks for Conflict Resolution" by Zsolt Becsi and Sajal Lahiri (24 pages plus title page; file size 199Kb)
Discussion Paper 2005-02
"Cost Heterogeneity and the Destination of Foreign Direct Investment" by Seeichi Katayama, Sajal Lahiri and Eiichi Tomiura (22 pages plus title page and abstract page; file size 215Kb)
Discussion Paper 2005-03
"Social Games: Matching and the Play of Finitely Repeated Games" by Matthew O. Jackson and Alison Watts (31 pages plus title page; file size 222Kb)
Discussion Paper 2005-04
"Globalization, Cross-border Pollution and Welfare" by Panos Hatzipanayotou, Sajal Lahiri, and Michael S. Michael (21 pages plus title page; file size 184Kb)
Discussion Paper 2005-05
"Price Convergence Among Indian Cities: A Cointegration Approach" by A.K.M. Mahbub Morshed, Sung K. Ahn and Minsoo Lee (21 pages plus title page; file size 89Kb)
Discussion Paper 2005-06
"Exogamy and Bias Against Daughters in Health-Care Provision: A Theory and Evidence from Two Northern States in India" by Sajal Lahiri and Sharmistha Self (29 pages plus title page; file size 229Kb)
Discussion Paper 2005-07
"The Appeals Process in Principal-Agent Relationships" by Chifeng Dai, (42 pages plus title page; file size 272Kb)
Discussion Paper 2005-08
"Optimal Contracting with Wealth-Constrained Operators of Unknown Ability" by Chifeng Dai, (3 pages plus title page; file size 189Kb)
Discussion Paper 2005-09
"More Sources of Bias in Half-Life Estimation" by A.K.M. Mahbub Morshed, Byeongchan Seong and Sung K. Ahn, (18 pages plus title page; file size 1,334Kb)
Discussion Paper 2005-10
"Sequencing Watershed Conservation and Groundwater Management Reforms" by Basharat A. Pitafi and James A. Roumasset, (15 pages; file size 165Kb)
Discussion Paper 2005-11
"Some Resource Economics of Invasive Species" by Basharat A. Pitafi and James A. Roumasset, (13 pages; file size 71Kb)
