We assess the literature on public and private quality standards and their impact in food markets, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with special attention to the North-South context. We also...

We investigate the effectiveness of initiating deposit insurance at the outset of a banking crisis. Using a conjoint analysis approach that allows us to consider the simultaneous impact of multiple deposit insurance attributes and various counterfactuals, we ask a multinational sample of...

  Federal definitions of core-based metropolitan and micropolitan statistical areas (CBSAs) recognize the importance of large, central places in broader regional economies.  Although CBSAs are officially defined for statistical reporting purposes only, the construct is widely used in regional...

Welfare tradeoffs between intellectual property (IP) protections provided by patents and by plant variety protection (PVP) are explored. PVP breeders' exemption weakens IP protection, but may speed the transfer of research gains across firms. A model is developed assuming firms optimize research...

We assess the literature on public and private quality standards and their impact in food markets, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with special attention to the North-South context. We also...

We study how optimally to insure customers of a unionized firm, such as an auto maker, against the loss of network benefits that occurs when other consumers abandon the firm.  The union first announces a wage.  A random demand shock is then realized.  The firm then chooses its price and,...

I develop a knowledge production function where new ideas are built from combinations of pre- existing elements. Parameters governing the connections between these elements stochastically determine whether a new combination yields a useful idea. Researchers use Bayesian reasoning to update their...

Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training.  In the absence of training funds, larger, high-wage and more capital intensive firms are the most likely to offer training unless they are...