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Contemporary Economic Policy articles from April 2008
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Contemporary Economic Policy archives from April 2008
Dams, dam removal, and river restoration: a hedonic property value analysis.(Report)
April 1, 2008... I. INTRODUCTION
The removal of the Edwards Dam on the Kennebec River in 1999 set a national precedent for removing hydropower dams of marginal value. The removal represented the first time a functioning hydropower facility undergoing...
Does small dam removal affect local property values? An empirical analysis.(Report)
April 1, 2008... I. INTRODUCTION
It is estimated that more than 400 dams have been removed from U.S. streams and rivers since the 1920s, with the majority of removals taking place after 1970 (Pohl, 2003). The nonprofit organization American Rivers reports...
May issue versus shall issue: explaining the pattern of concealed-carry handgun laws, 1960-2001.(Essay)
April 1, 2008... I. INTRODUCTION
Gun control has long been a contentious issue for policy makers. Increasingly, academics have weighed in on the consequences of various types of gun control laws. The growth of more extensive data sets and the development...
Criminal sentencing guidelines and judicial discretion.(Essay)
April 1, 2008... I. INTRODUCTION
Historically, judges have had considerable discretion over the determination of criminal sentences under so-called indeterminate sentencing. While such discretion theoretically allows judges to tailor sentences to the...
Inside the impossible triangle: monetary policy autonomy in a credible target zone.(Report)
April 1, 2008... I. INTRODUCTION
Standard international macroeconomic theory posits that economic policy makers are confronted by three desirable objectives, which cannot be achieved simultaneously (Obstfeld, Shambaugh, and Taylor, 2005). The three...
Promoting innovation and the deployment of advanced telecommunications services to businesses.(Report)
April 1, 2008... I. INTRODUCTION
The ultimate goals of the Telecommunications Act of 1996 (Preamble) are "to secure lower prices and higher quality services for American telecommunications consumers and encourage the rapid deployment of new...
"Spillovers" and productivity: the case of the Taiwanese high-tech firms.(Report)(Case study)
April 1, 2008... I. INTRODUCTION
Human capital is very important in raising factor productivity (Griliches, 1963, 1964, 1970; Mincer, 1958, e.g.). Moreover, there might be human capital spillovers if the presence of educated workers makes other workers...
Effects of strengthening intellectual property rights in newly industrialized economies: evidence from Taiwan's 1994 patent reform.(Report)
April 1, 2008... I. INTRODUCTION
Intellectual property rights (hereafter IPR) have stimulated great attention in the arena of international economic policy in past decades. Indeed, IPR laws and their enforcement differ widely across countries due to...
House prices in the measurement of inflation in the euro area.
April 1, 2008... I. INTRODUCTION
While widespread agreement has emerged in recent years that price stability should constitute the primary goal of monetary policy, many issues surrounding how best to measure aggregate price movements remain unresolved....
A comparative analysis of payday loan customers.(Report)
April 1, 2008... I. INTRODUCTION
In recent years, one of the most controversial segments of the consumer finance industry has been payday loans. In the popular press, critics often complain that this form of credit is predatory in nature since it charges...
Do adult children matter?--The effects of National Health Insurance on retirement behavior: evidence from Taiwan.(Report)
April 1, 2008... I. INTRODUCTION
Population aging and low fertility rate have brought a challenge to more and more countries as the growth in early retirement places an unsustainable burden on the younger generation. Between 2006 and 2050, the projected...
The impact of utility deregulation in Arizona.
April 1, 2008... I. INTRODUCTION
Whereas the Federal Energy Regulatory Commission began handing down rulings that relaxed interstate price controls in the early 1980s, it was not until the mid-1990s when various state regulatory commissions began actively...