Using monthly panel data we solve and estimate, using maximum likelihood techniques, an explicitly dynamic model of criminal behavior where current criminal activity adversely affects future employment outcomes. This acts as "dynamic deterrence" to crime: the threat of future adverse effects on...

Using monthly panel data we solve and estimate, using maximum likelihood techniques, an explicitly dynamic model of criminal behavior where current criminal activity adversely affects future employment outcomes. This acts as 'dynamic deterrence' to crime: the threat of future adverse effects on...

This paper looks at the patterns of causation between income, export, import, and investment growth for 39 developing countries. Our approach differs from previous efforts in a number of ways. First, we examine each country individually in order to allow for complete heterogeneity. Second, we...

This paper looks at the patterns of causation between income, export, import, and investment growth for 39 developing countries. In addition to presenting findings based on panels consisting of all 39 countries, we also examine each country individually in order to allow for richer heterogeneity...

This paper looks at the patterns of causation between income, export, import, and investment growth for 25 developing countries. Our approach differs from previous efforts in a number of ways. First, we examine each country individually in order to allow for complete heterogeneity and properly...

We examine the implications of free entry in the Indian automobile industry in a model that is calibrated to the Indian market using price, cost and production data from 1993 and 1994. In particular, we consider the effect that free entry has on prices, production levels and welfare. We have two...

What do applicants care about when choosing a school in Turkey? Are their preferences vertical or horizontal? Which school attributes seem to matter? Do selective schools con-tribute to their students' ; success, or is their performance attributable to the higher ability of the students they...