Public policies and private anti-health behavior
The National Bureau of Economic Research's (NBER) program in Health Economics and the program in Health Care Economics define the difference between health as an output and health care as an input. The NBER Health Economics program has evaluated the impact of public policies on cigarette smoking, drinking and alcohol abuse and drug abuse. Results showed that policies that lowered incidence for buying illicit substances, such as setting higher prices, reduced product abuses.
Publication Name: American Economic Review
Nominal shocks and the current account: A structural VAR analysis of 14 OECD countries
Some empirical evidence on one of the most controversial theoretical implications of the new open economy literature that refers to the role of the current account in the international monetary transmission mechanism is presented. The main empirical results highlight the importance of the role of nominal disturbances for current account fluctuations.
Publication Name: Review of World Economics: Weltwirtschaftliches Archiv
Environmental Policies in Developing Countries
Environmental policies applied currently by most developing countries create substantial welfare loss. Through the absence of pollution control, industries from developed countries have been sought regardless of their impact on welfare. Gains in employment and education are outweighed by losses to the environment.
Publication Name: The Journal of Development Economics
- Abstracts: Foreign exchange market efficiency revisited. Integration, cointegration and the forecast consistency of structural exchange rate models
- Abstracts: Italy. Money and inventories in an economy with uncertain and sequential trade. The long-run stability of the demand for money: Italy 1861-1996
- Abstracts: Monsanto and American Home Products call off merger. Efficient organization of information processing. Minimum wages and information
- Abstracts: A General Approach to Intertemporal and Interspatial Productivity Comparisons. A general class of adaptive strategies
- Abstracts: Prenatal care demand and birthweight production of black mothers. The softness of medical production and implications for specifying hospital outputs